How do you afford it?

[Ryansdad0727]

I saved up and bought a 120 pt SSR account resale. For us that is plenty of credits to go every 2 years. I own a Worldmark timeshare also and have been spoiled with the full kitchen. That saves us a lot of money each trip. I can also exchange in through RCI with Worldmark so i have lots of options. I just wanted to flexibility to go when i want and have it prepaid and to take family members without it costing them a fortune. My way of paying back our parents for putting up with us. Well, really just my parents my wife is a saint.

 

[ToddyLu]

IMy way of paying back our parents for putting up with us. Well, really just my parents my wife is a saint.

Isn't that a great feeling. DH loves taking his Mom (we get along perfectly) and my parents , in alternating years. This year the MIL is going and 2011 will be my parents.

 

[MrShiny]

So, I know this question sounds obvious, but lemme explain. I've looked at the DVC cost and think getting a DVC would be so much better than a regular timeshare. However, it's 17,900 for the cheapest option - and I realize that can be financed. Similar to the price of a car - I can do that. however, the dues are a lot. Can they be added in to the monthly payments on the finance of the timeshare? How are these paid? It seems those are the ones that could easily 'break the bank' for us.

Also, I understand resale is an option for a cheaper timeshare. What resale companies do you go through? what's the price difference?

One way to lessen the impact of annual dues is renting. Dues are around $5/point and rentals are around $10. So if you can afford the initial outlay to buy more points than you will use each year, you could potentially rent out enough to cover dues.

Some years we do this, some we don't and just pay the dues and use the points.