2tall
TUG Member
My wife and I just got back from Wyndham Westwinds at North Myrtle – beach resorts in the offseason are so relaxing! At the "ownership update," during which we were told that we didn't have enough points to fully use the program and would we like to spend about $30,000 (even though he wasn't going to try to sell us anything!), we mentioned that we'd be happiest simply unloading it at this point in our lives.
The responses were typical, except for one that surprised us: The salesperson said that Wyndham was considering a program that would purchase timeshares back from its owners to (more or less) relieve them of the burdens of paying their maintenance fees. The way he explained it – let's say you pay X amount for maintenance fees over the next 10 years, we can look at the number and come to an agreeable figure – made it sound like Wyndham wants to get in on the action those other companies are doing at hotel ballrooms: Pay us $3995 and we'll take the timeshare off your hands forever...
Anyone else gotten wind of this in a recent meeting or elsewhere?
Steve
High Point, NC
The responses were typical, except for one that surprised us: The salesperson said that Wyndham was considering a program that would purchase timeshares back from its owners to (more or less) relieve them of the burdens of paying their maintenance fees. The way he explained it – let's say you pay X amount for maintenance fees over the next 10 years, we can look at the number and come to an agreeable figure – made it sound like Wyndham wants to get in on the action those other companies are doing at hotel ballrooms: Pay us $3995 and we'll take the timeshare off your hands forever...
Anyone else gotten wind of this in a recent meeting or elsewhere?
Steve
High Point, NC