Whats the right price ?
Here's my take on retail prices vs resale . whats it worth ?
First maybe you should concider the cost of a unit vs a hotel ? Remember a one bedroom suite avg is $ 200 - 400 ( don't slam me )
$200 * 365 days a year = $ 73,000
$ 400 = $ 146,000
so $ 1400 - 2800 / week + tips sales tax etc
If you want to go a week for "free" , you'd need to keep $140,000 in a bank to earn that $ 1,400
A time share costs you at least an average $ 500 a week for mainainance so deduct $ 500 from $ 1,400 = 900
Your saving $ 1,000 - 2,000 a year on hotel costs for the cost of a time share $ 5,000 - 20,000. which means its made up for itself in 5 - 10 years typically.
Kid of like figuring payback on solar roof.
Now - You need to see what the real rental rates are for the resorts you like Branson is CHEAP $ 700 a week - why bother buying ...
Hawaiii / Caribbean is EXPENSIVE $ 2 -4,000 a week for a good place.
FYI - I just rented Wyndham bonnet creek Orlando for Sept .
1 bedroom suite $ 498
2 bedroom suite $ 605 !!!!
Why buy ?
Guaranteed time share dates ( possibly )
Overall cheaper if you plan on staying in one for 10 + years.
SOME resale eventually - maybe ...
room stays same
Why not ?
No control over management
No control over raising taxes / mainainence
No control over neighbors / who rents
what I'd look for
Large resort so fee's stay low
easy access IE short trip or air ride .
handicap accessibility as I get older
Sports or features you want IE tennis / golf fishing.
local restaurants
Elevators
Good Management
good trade power ......
Just my two cents to all
:whoopie::whoopie::whoopie: