Should you rent or buy a timeshare
To rent a timeshare or to buy a timeshare, that is the query.
Every well-informed consumer interested in the timeshare industry has considered both these options. To guarantee an informed choice, we must examine all the details.
First, let’s discuss the advantages of renting a timeshare over purchasing a timeshare.
Freedom is the foremost aspect that comes to most people’s minds. After the initial purchase of a timeshare, it is now yours. Forever. But, you only “possess” it for typically a week out of the year, so the term “possessing” is being very loosely employed. If you rent a timeshare, you have the flexibility to rent again the year after if you like the location, or, trying out another location, type of timeshare, or time of year if you don’t like it.
Another benefit to renting a timeshare over buying would be the lack of those infamous maintenance fees, racking up and multiplying. Eventually, at around 20 years, you will usually have paid twice the amount of the actual timeshare itself in maintenance fees alone. Additionally, with purchased timeshares, you will be informed of random, unjust charges notifying you that you have to make up for other timeshare owners who are consistently paying their bills late or damaging the property.
The last significant benefit of renting a timeshare over actually buying one would be what happens after the growing maintenance fees start to affect your finances. They keep on getting worse, leaving most owners completely desperate for timeshare release. Currently, the timeshare resale market is so flooded that people cannot even donate timeshare property!
Timeshare sales companies are going around scamming unsuspecting customers, informing them they will make them money, but they just require a small fee first upfront before a timeshare sale can be made. After you pay them, they never even bother to return your call- a fact well-documented on consumer boards across the internet.
So if you can’t even give away a timeshare that not even death provides freedom from and has increasing fees and miscellaneous charges, is there really even a point in continuing further?
If you find yourself in the unfortunate situation of owning a timeshare and want to be rid of it then contact us or complete the compensation calculator, you may be surprised how much you can claim.
Check Using Our Claim Calculator to check if you qualify for a Timeshare Release
Our timeshare claim calculator is a fast and easy way to find out how much you could receive in compensation from your mis-sold timeshare.
Looking to relinquish your Westgate Resorts timeshare contract? Mercantile Claims can help you get the money you deserve for mis-sold timeshares
Looking to relinquish your Moness Resort timeshare contract? We can help you get the money you deserve for mis-sold timeshares
