Wednesday, January 28, 2009

Wacky Wednesday--Timeshares Are A Good Idea

Note: Before reading the following arguments, please understand that they are not what I believe. On Wednesdays, I deliberately argue for wrong ideas, challenging my listeners to call and defend the obvious right answer, which is usually far harder than one would expect. This is a summary of what Wacky Andrew will be arguing, not a representation of what real Andrew believes.

~You get to own a vacation instead of just renting them from someone else.
~Guarantees you’ll go on a vacation
~If you’re already going to go on one every year, why not save some money?
~Cheaper, better accommodations than a hotel.
~You can trade for other locations.
~Since it’s real estate, it’s a good investment.
~There are 1,604 timeshare resorts in the USA and 7,000 worldwide. Can something so popular be so wrong?
~4.4 million households hold one or more, 6% of the US.

Links:
Timeshare (Wikipedia)
Time and time again: Timeshare info (Federal Trade Commission)
The Timeshare Trap (CNN Money)
TimeShareValues.com
Deceptive timeshare schemes (Crimes-Of-Persuasion.com)
Is the timeshare a good idea? (Bank Rate)
Is it worth it to buy a timeshare? (Yahoo News)

No comments: