The Free Dinner that Wasn't

by | May 17, 2010

Finances

Dear Dave,

How do you feel about the free trips and dinners timeshare communities offer as part of their sales pitches? Isn't it a little like playing with fire?

Diane

Dear Diane,

You're close. I think it's more like playing with fire while you're sitting in a puddle of gasoline!

Listen, there's nothing good about a timeshare. They have no redeeming qualities whatsoever. Besides, in most of these deals the food is bad and they'll stick you in a room that's not so hot, either. Timeshares are one of the few consumer products that have a 97 percent dissatisfaction rate. It's virtually impossible to find someone who's glad they bought in to one of these things!

I know people play games with this scenario. They think they'll get lots of free stuff by just sitting through a sales pitch and then saying no. But why in the world would you want to waste vacation time or even one weekend of your life letting some salesperson twist your arm?

Plus, you've got the added problem that most folks aren't as tough a sell as they think they are. If you're not careful, you'll end up agreeing with the guy on a couple of silly things, zoning out while the presentation wears on, and next thing you know, you're driving away as a timeshare owner!

Don't take a chance on getting stuck with one of those things, Diane. It's a dumb idea!

-Dave

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