Only you can determine what is best for you. And the time do think about this is before you take your vacation. The developers/timeshare companies are waiting for you on your vacation. They want to catch you in the moment – when you are having a wonderful time – and at your most vulnerable to them. After all, you took your vacation to relax, and here they are, offering you free attractions, discounts, etc… to help you enjoy your experience even more. And of course, they want you to purchase a timeshare/vacation package so you can do this year after year. And they want to catch you during the high. Before you have had the time to really think about what is best for you and your family. And they usually do not give you much time to think about the pros and cons of what will work best for you.
For some people, the traditional timeshare is perfect for them. The have one set week at their vacation club. Each year the family goes to the same resort during the same week, thus building a wonderful family tradition for years of memories. Yet this is only one type. Now there is a wide variety of options to meet any families need. Some timeshares just offer points that can be used worldwide at various resorts at various times. Some offer the option of discounted vacations for those with lots of flexibility, for those that can vacation at the spur of the moment. There are even some programs that offer rental opportunities on your weeks with the potential for earning income!
But the key here is, timeshares are NOT financial investments. They won’t appreciate in value. They can be difficult to sell. In fact, they WILL lose value vs. their initial purchase price from the developer. Where timeshares offer value is an investment in your future vacation memories. And if purchased for the right price, timeshares can save your family money on vacations in the long term, and possibly even the short term.
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