Prices: Developers often charge too much for timeshares

0 Comments | Deseret News (Salt Lake City), Nov 19, 2006 | by Lee Davidson Deseret Morning News

Nussbaum says, however, that timeshares often are a wiser use of money than going to hotels. He said, for example, if a vacationer buys a timeshare for about what he would spend on hotels over 10 years, then he would reach a break-even point in 10 years and could have a lifetime of vacations after that for the cost of annual maintenance fees. He could also pass it on as an inheritance to children.

Also, he said even if the resale value on a timeshare depreciates, any eventual sales would still help reimburse at least some of the owner's overall vacation costs through the years. "But if they stayed at hotels, all they would have is receipts," Nussbaum said.