Hi Denise,
Thanks for chiming in so promptly, as time is indeed of the essence! We ARE still within our 5-day period. We don't particularly want to spend ANOTHER day of our 7-day vacation debating (and eventually arguing) with them -- I'm sure they would make sure it's a time-consuming process to rescind -- but it sounds like you think it is worth it to save ourselves much expense and heartache later? Ten's of thousands of dollars are at stake.
Do we absolutely need to go back to the site to accomplish rescission, or is there a way to do it by phone or in a written statement? If we absolutely have to go back, should we hire a Mexican attorney for a day to accompany us?
If it's recommended to rescind, what are the most solid reasons we can assert for insisting to do so? Importantly, is there a way we can provide evidence that there claims were lies?
Recapping, we relied on the following claims by Vidanta as our main justifications for buying in:
1. No more maintenance fees (which we pay at Worldmark)
2. High trade value among all timeshare networks (we were told only 2 individual resorts are higher than Vidanta network). Is there a way to prove that's not accurate?
3. Guaranteed availability in the 24-hour to 10 month booking window.
4. It seems crazy to spend 10's of thousands of dollars to buy into an ownership wherein you pay again to actually use the property; however, we were led to believe we could re-market the weeks for profit. To be fair, they did include for us 2 bonus "Privilege" weeks with no black out dates.
5. By agreeing to "give back" our weeks for them to use for their marketing purposes, they promised to give us $3,000 per unit x 2 units = $6,000 (which started as cash and was later clarified to be "Vida Dollars", which can be spent only on their website.)
One of the main reasons for buyer's remorse is that it's just so complicated. I don't make this a part time job just to figure it out. I didn't even understand the post by Eric responding to me, it's just so complicated. They promised us membership for 2 years in SFX, but nothing was said about costs of using Interval and it sounds like all the fees add up.
With the advent of the Airbnb-type industry -- and also just so many discounted hotel deals out there -- there's not so much reason to be tethered to a single Mexican timeshare, or any other.
THANK YOU!! We probably have to deal with this tomorrow...
Welcome - I'm afraid I don't have good news for you.
I hate to tell you this, but they lied - your Vidanta week is not worth 3-4 weeks at other resorts.
These are difficult exchanges - more demand, than supply, and you don't have a strong trader.
This is a common ploy used by TS sales people in Mexico. Unfortunately, the rental market in Mexico is flooded with cheap rentals, so except for high holiday weeks like Christmas and New Years, it's not really easy or profitable.
Are your already past the rescission period?