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Received a "last chance" email to deposit weeks with Vida/SFX

Mva360

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We received an email stating we had until October 31 to deposit unused 2018 week. We don't believe there is any downside in not going to the timeshare in 2018 (Cabo site). We don't really want to bank any weeks for the future.
Does anyone have more insight? I am always leary of timeshare companies, are we risking anything by not depositing? Any help would be greatly appreciated.
 

rboesl

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Jul 3, 2016
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Location
West Seneca, NY
Resorts Owned
Divi Village Beach & Golf Resort
Vidanta Grand Mayan
Villa del Arco Cobo
Grandview Las Vegas
Vacation Village at Bonaventure
This mailer is intended to put you into a position where you have to book a week or weeks using SFX. That way you generate income for SFX.

Most, if not all, Vidanta contracts are right to use. The question to ask is: "If I deposit will I get the value of the Usage Fee back by booking through SFX?" Keep in mind that part of that value has to include what ever exchange fee SFX will charge you when you book.
 

Mva360

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This mailer is intended to put you into a position where you have to book a week or weeks using SFX. That way you generate income for SFX.

Most, if not all, Vidanta contracts are right to use. The question to ask is: "If I deposit will I get the value of the Usage Fee back by booking through SFX?" Keep in mind that part of that value has to include what ever exchange fee SFX will charge you when you book.

That is what I believed to be the case. Thank you for the helpful response.
 
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