Ten Reasons Why You Should Not Buy a Timeshare

It Could Be the Most Expensive Vacation You Ever Purchased

When you think about the word timeshare, what comes to your mind? Maybe a nice log cabin or a beach house waiting for you to go to once a year. Some timeshares still work that way but now you can get timeshares that let you travel to many places all over the world.

This sounds awesome, doesn’t it? You buy the timeshare and then you have it for life and you can travel anywhere in the world for practically free. At least that is what these resorts make it sound like. It is not so. 

While buying a timeshare has its advantages, there are many, many disadvantages to doing so. My husband and I purchased one about a year and a half ago and have used it several times. However, we have noticed that we would have probably been better off not buying it at all. Here are some reasons why:

1. Timeshares are not very good for spontaneous traveling, especially in high season. Let’s say you are feeling like you really need a vacation and go to your timeshare and want to find out what’s available. Sure, there might be a couple of places here and there but you won’t have much selection. You might have to end up renting a regular hotel at the place you really want to go to instead of going through the hassle of going to wherever is available through the timeshare.

2. There aren’t as many resorts available as they made you think. When you buy a timeshare they dazzle you with the possibility of traveling all over the world, telling you a huge amount of resorts. You think, “Wow, so many? Surely I will be able to just go anywhere!” Not so fast. While some timeshare purchasers might be world travelers, most of us aren’t. Most of us will never go to Africa or Asia and we have to simply stay local most years. Do not let them impress you with tales of world travel unless you are already doing it.