No matter what that slick salesman tells you, vacation timeshares aren’t a good deal. Surprised? Don’t be. Many timeshares owners lose the freedom to vacation wherever and whenever they choose — or even skip one, considering annual maintenance fees currently average $731. Timeshares are also notoriously overpriced to cover sales commissions approaching 35 percent and marketing expenses for prizes used to lure potential
buyers suckers. Maybe that’s why timeshares depreciate faster than new cars; they’re so unpopular, weary owners can’t even resell them on eBay for $1.
The bottom line: Why invest in a timeshare when you’d be better off hiding your money in a time capsule?
Photo Credit: egevad