The Truth About Timeshares - 10 Secrets The Salesman Won't Tell You

The Truth About Timeshares 10 Secrets The Salesman Won't Tell You It's Often Cheaper To Rent 1 A Timeshare Than Buy One You could end up with the same week, in the same resort for less money and To try and recoup some of their costs, Thousands of owners can't use their timeshares each year for many will rent out their weeks at a various reasons. lower cost than it less risk! would to own. Many Timeshares Are Mis-Sold 2 2 Many timeshares The industry is notorious for high Be wary of anything which ALWAYS take are sold at 'presentation' and often paperwork away with you and read and pressure sales tactics. Sales appears to be 'too good to re-read until offer some people want you to sign up there and then without be true.' you're comfortable form of incentive to with what purchase there and you're signing up to considering your decision. then. They're Generally Regarded As A Poor Investment 3 3 The fact is that Terms such as It's a fact that your "life-quality investment" are timeshares are a money would be better off sitting in the bank than being depreciating asset. often used by sales people to try and hint at them being a Timeshares, in short, put into a timeshare. aren't an investment at all. sound investment, despite not being. Despite What They Tell You, 4 Selling A Timeshare Isn't Easy 4 A timeshare will lose, on average, 50% of it's value as Worst-case scenario The demand for is that you'll be stuck with a timeshares is decreasing year on soon as you sign the dotted line. timeshare you can't even give away! year, leaving owners unable to get rid. Paid 100% Value 50% There Are Plenty Of Hidden Risks DDER In effect, purchasing a timeshare If disaster strikes, you're responsible for your share of the re-building. Not all These hidden timeshares risks will NEVER be carry an adequate outlined to means you're buying part of the building. level of you. insurance. The Timeshare Industry Is Full Of Scammers 6 With Common The promised ALWAYS treat any 'out of the blue' offers purchase will| never happen and you'll be both out of everyone timeshare wanting out of timeshare, scams will offer you an with caution. the market is attractive 'exit' which, pocket and stuck with the now awash on the outside looks great. with real and imaginary exit schemes. timeshare. Timeshares Lose Their Value 7 Immediately Upon Purchase 7 Timeshares lose 50% This is even more The associated of the value as soon than a car loses losses will make it as you sign the paperwork. when you drive away from the forecourt. almost impossible to recoup any of your 'investment' at a later date, coupled with the difficulty in selling. New Car 'vs' Timeshare AAAAAEA AAAAAEA AAAA Average Depreciation of New Car after 1 yr Average Depreciation of Timeshare after 1 yr 8 You Could Be Locked Into Holidaying In The Same Place Year On Year 8 Who wants to Your hard Whilst this You'll be told may be attractive at it's easy to trade but in holiday in the earned cash could see you on a great European holiday each same spot each year? first, the novelty will soon wear off and you'll be tempted to skip a year despite the high fees. actual fact, it isn't and this would only end up with you being asked for That's what year for the same, if not less, than the will happen upon purchasing a timeshare. annual resort more fees. fees. Salespeople Will ALWAYS Show You The Resort's Best Room You WILL be disappointed with what you purchase Whether in The reality is that you'll rarely end up with a room TOP TIP: person (if you're lucky) or on a presentation, you'll always Always ensure you visit, in person, the exact room compared to what you which looks like this. you'd be buying. be showed expected. the very best rooms available. Getting Out Of A 10 10 Timeshare Can Take Years It can take years to get out of a Private resales The bottom Many timeshare line is that no can often lead to costly companies will not let one wants timeshare, despite what the salesmen scams. timeshares you resign any more! your membership, will tell you. WE CAN HELP YOU not even in old age or il| health. 15 16 18 19 20 21 A WARNING A Simply stopping paying resort fees could result in legal action or non-payment penalties. The resort has every right to hold you to your contract. Consider your options very carefully before signing the dotted line and agreeing to purchase a timeshare. The Timeshare Consumer Association can help! Call today or visit us online for expert help and advice 01253 724902 www.timeshareconsumerassociation.org.uk