Rent vs. Own comparison for a few timeshares I follow - post your own comparisons for the same week or close if available (HICV or other)!
HICV Galveston 1BR-D 8/7-8/14
http://www.hotels.com/hotel/details.html?q-check-out=2016-08-14&hotel-id=230160&q-check-in=2016-08-07
Rental $2100
Owner $848 (121K @ $6/1K, $59 booking, 50% of $126 club dues)
60% savings from ownership
HICV Las Vegas 1BR-D 8/7-8/14
http://www.hotels.com/hotel/details.html?q-check-out=2016-08-14&hotel-id=206210&q-check-in=2016-08-07
Rental $1400
Owner $800 (113K @ $6/1K, $59 booking, 50% of $126 club dues)
43% savings from ownership
Escapes Orange Beach 1BR-D 8/7-8/14
http://www.hotels.com/hotel/details.html?q-check-out=2016-08-14&q-check-in=2016-08-07&hotel-id=244848
Rental $2700
Owner $492 (96K @ $3/1K, $119 booking/cleaning, $50% of $169 club dues)
82% savings from ownership
http://www.hotels.com/hotel/details.html?q-check-out=2016-08-14&tab=description&hotel-id=230160&q-room-0-adults=2&YGF=14&q-check-in=2016-08-07&MGT=7&WOE=7&WOD=7&ZSX=0&SYE=3&q-room-0-children=0
In my opinion if you can't get a significant discount with ownership vs. a site with a lot of availability like hotels.com, then ownership doesn't make sense in most cases.
ReplyDeleteCompletely agree
ReplyDeleteSo buying an Escapes timeshare at the right price is a worthwhile investment
ReplyDelete