• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 26 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
  • TUG started 27 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Check out our happy birthday post here: Happy Birthday TUG!
  • TUG has now saved timeshare owners more than $15,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $14 Million dollars
  • Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
  • Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
  • A few of the most common links here on the forums for newbies and guests!

timeshare trial program

rgarbacz

Guest
Joined
Dec 29, 2008
Messages
4
Reaction score
0
Points
1
Hi,

During our vacation we were invited for the presentations regarding timeshare by Diamond Resorts and Wyndham. Me and My wife like to travel, so we thought it is a nice offer to consider in the future (only after some research), so we were offered a timeshare trial program by both companies.

I would be obliged for some advice whether the trial programs we bought are worth the money (I still have a possibility to cancel the contracts).

Diamond Resorts: a week on Maui (Hawaii) for ~$1000 withing 2 years with an obligatory presentation.
Wyndham: 308 000 points for ~$3000 within ~1.5 years.

I am a complete newby in timeshare, and today I have read that it is not a good investment - just a way to go on vacation, so I am not so sure about buying any of these offers in the future (as I was before).

Thanks in advance for any advice.

--

Radoslaw
 

Dave M

TUG Lifetime Member
Joined
Jun 16, 2004
Messages
12,242
Reaction score
7
Points
473
Location
Sun City Hilton Head, SC
Cancel, cancel, cancel is what you will consistently hear here. You can cancel and, despite the "available today only" speech that you might have heard, you can call back and get the same deal if you later decide to do it. But you have only one chance to cancel!

Be sure to follow the instructions for canceling precisely. If mailing is an option, be sure to send it certified so that you get a receipt as proof that you sent your cancellation letter.

Once you have canceled, then take your time here to learn about various timeshare options, which ones (if any) make the most sense for you how to buy in most economically.
 

AwayWeGo

TUG Review Crew: Expert
TUG Member
Joined
Jun 6, 2005
Messages
15,239
Reaction score
934
Points
499
Location
McLean (Fairfax County), Virginia, USA.
Resorts Owned
Grandview At Las Vegas

[triennial - points]
Shux, For The Cost Of Those Trial Programs, Or Less, You Could Buy A Nice Timeshare.

Diamond Resorts: a week on Maui (Hawaii) for ~$1000 withing 2 years with an obligatory presentation.
Wyndham: 308 000 points for ~$3000 within ~1.5 years.
Not worth it.

For the same money or less, you could buy a nice timeshare.

If you just want to try the resorts, you can rent for substantially less than the cost of the trial programs.

Rescind right away.

Then buy your timeshare(s) resale.

Save thousands.

-- Alan Cole, McLean (Fairfax County), Virginia, USA.​

 

djs

TUG Member
Joined
Nov 29, 2006
Messages
1,334
Reaction score
6
Points
248
Location
South Boston, MA
I really don't know anything about "points" systems, but there is a section here on TUG that deals with "points" systems, you might want to look through the posts there and get an idea. You will allways do better buying re-sale

As far as timeshares not being a good investment, the first rule is that they never should be treated as one to begin with. Virtually everything a TS Salesperson tells you (possibly with the exception of their name) will be a lie. They will not increase in value, you may or may not be able to rent it for more than your maintenance fees.

If you look to the classifieds her or to eBay, you will be able to find many timeshares that are being sold for a fraction of what the developers are selling them for. With the exception of a very small number of resorts, you will allways do better buying re-sale. This is where the term "investment" might come into play, though the "investment" is in you and your family's enjoyment. For relatively short money you and your family will have a place you can go to every year (or EOY, depending on what you buy). With a points system, I think there might be even more flexibility in that you can book less than a full week or possibly more than one week depending on the resort you are going to and/or the time of year.
 

rgarbacz

Guest
Joined
Dec 29, 2008
Messages
4
Reaction score
0
Points
1
Hi,

Thank you for your help and a quick answer.

Just a few additional questions.

The hotel we were offered by Diamond Resorts is $419 per night minimum (according to expedia), so I thought we got a good deal (a week for $1000).

The offer from Wyndham includes the VIP and LeisurePlan trial membership.

Has the trial program some "fine print" clause makeing it not worth the money or is it possible to get a better deal from somwhere else?

--

Radoslaw
 

teepeeca

TUG Member
Joined
Jun 6, 2005
Messages
1,276
Reaction score
0
Points
246
Location
Vacaville, Ca.
If the Diamond "price-tag" is actually about $1000 to try it out, (for a week)and "IF" you will get Maui, I think it is a very good value. I'm assuming that it is at the "old Embassy". Look at it this way, you will be paying about $150 per night, to stay at a very nice property/resort.

The only "caveat" I can think of right now, is the "availability" of a unit, "WHEN" you would want to go. Make sure that, when you call them up to make reservations, you can use it "to your liking", and NOT given the runaround of "not available for that week", try another week. And, as I said before, make sure it "IS" for a full week, and not for 4 or 5 nights.

Tony
 

DeniseM

Moderator
Joined
Jun 6, 2005
Messages
54,437
Reaction score
4,714
Points
1,499
For what you are paying for the trials, you could buy a nice timeshare on the resale market and pay the maintenance fee for 4-8 years, depending on the location. In other words - for $4,000, you could have 4-8 years of vacations, by buying a TS, instead of paying $4,000 for a trial.

If you really want a trial before buying, consider renting. You can rent most timeshares (not hotels) from an owner for $100 - $200 a night, without any obligation to attend a sales pitch. See the TUG classifieds for all kinds of timeshares for rent.

One more thing - Wyndham just made some major changes in their program that owners are very unhappy about. Make sure you understand those changes, before buying. There is lots of info. about it on the TUG Wyndham board.

If you are within the rescission period, you should rescind. Then, take your time to research timesharing, and rent from an owner, to try it out, with no obligation.
 
Last edited:

rgarbacz

Guest
Joined
Dec 29, 2008
Messages
4
Reaction score
0
Points
1
Hi,

I bought these trials in Hawaii. There are 7 days to rescind. It happened on December 21.
Would someone know whether the 7 days period refers to business days, or any days?
Additionally, as I have read the best is to sent a signed letter, so if I sent one it would be delivered in a few days. Would the delivery date or the sending date count?

Thanks in advance.

--
Radoslaw
 

DeniseM

Moderator
Joined
Jun 6, 2005
Messages
54,437
Reaction score
4,714
Points
1,499
The day it's postmarked is the one that counts. You should send it registered mail so that you have a receipt. Read and follow the directions in your purchase papers exactly. SEND IT TODAY!

Here is an article about rescinding - it was written for a different timeshare company, but besides that, everything applies to your situation. Rescinding FAQ
 

Dave M

TUG Lifetime Member
Joined
Jun 16, 2004
Messages
12,242
Reaction score
7
Points
473
Location
Sun City Hilton Head, SC
Looks like you're stuck with it. As is the case with most state timeshare laws (excluding, GA, RI and WI), Hawaii's law refers to calendar days. Thus, your last day to cancel would have been December 28. And confirming what your cancellation instructions state, Hawaii allows only seven calendar days to cancel.
 

richardm

TUG Member
Joined
Aug 6, 2007
Messages
1,248
Reaction score
18
Points
249
Location
Orlando
Use and enjoy them! Just remember if you decide you want the resort lifestyle, to make your actual ownership purchase via a resale opportunity. You're paying developers for your introduction to timesharing, but don't feel bad about it- most people do.. On the positive side- you spent far less than most first time buyers!

Spend time in the forums and learn how to use the two intro programs you bought- you may find that you really enjoy the lifestyle and you should now be able to accumulate enough industry knowledge to make excellent purchase decisions in the future..

Congrats!

Rich
 

rgarbacz

Guest
Joined
Dec 29, 2008
Messages
4
Reaction score
0
Points
1
Hi,

Thank you very much for all your help. The answers were very knowledgeable.
Seems like I have the trial program, so for now the best is to enjoy it.

--
Radoslaw
 

AwayWeGo

TUG Review Crew: Expert
TUG Member
Joined
Jun 6, 2005
Messages
15,239
Reaction score
934
Points
499
Location
McLean (Fairfax County), Virginia, USA.
Resorts Owned
Grandview At Las Vegas

[triennial - points]
Have A Great Time & Watch Out For The Sales Weasels.

Seems like I have the trial program, so for now the best is to enjoy it.
Absolutely.

But in the event that your trial program involves being subjected to more timeshare sales presentations, be sure to click here for some practical advice on dealing with the high-pressure timeshare sellers.

Other than that, enjoy.

-- Alan Cole, McLean (Fairfax County), Virginia, USA.​
 
Top