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Avoid Getting Ripped Off at a Timeshare Presentation
By CruiseDirector | February 25, 2010
The most common way that people are sold timeshares is the infamous presentation. Most highly trafficked resorts have these presentations, and you’ve probably sat through one if you’ve attended one of these resorts. Inevitably, you’re promised many things, including lavish benefits, great accommodations, ideal pricing, and best of all, fun. It is true that many buy and enjoy timeshares throughout the world. The best way you can ensure you don’t have any buyer’s remorse is to be smart about your purchase.
Savvy business people usually do research to make sure they’re always saving money and working efficiently. For instance, they will search out the best Business coupon to be sure that they stay in budget. This isn’t a matter of being cheap, but rather, a matter of being smart. Using business software coupons is simply another way to employ the new frugal ethos.
This way of thinking should be used in the world of timeshares. Remember the following simple tips next time you attend a sales presentation for a timeshare. First off, never buy anything during or directly after the presentation. Timeshares cost as much as a new car, or a moderate home remodel; you would sleep on those major purchases, right? No rush! No matter what they tell you, there is no such thing as a “one time only” deal. This is a famous sales tactic you should never fall for, since it is well-known that securing a sale as soon as possible is the main objective, not saving you the most money.
If they’re giving out bonuses or prizes, scrutinize the fine print. Don’t pay for something that they imply is free. Be mindful of the many different tactics used to make something seem like a great deal, when it may not really be so.
Carefully review any and all contracts. Preferably, get your attorney to review it, even if it costs you some money. The investment is minimal in comparison to the price of the timeshare, so remember to see the big picture.
Don’t feel as though you must stay if you’re feeling a lot of pressure. Remember, you don’t have to stay. Finally, when you’re taking the time to think about your possible purchase, search online for the price on a comparable unit on the secondary market. You will probably be surprised what current owners are selling units for in comparison to the asking price from the resort.
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