Timeshare Depreciation

Ever wondered why timeshares depreciate or lose their value so much?

Well, think about it, most traditional timeshare sales happen when slick salesmen show you your ‘dream-come-true” property, and tempt you to buy your week. They over-price those units because, remember, they have probably also offered you free lunches, or free tickets, or even holidays- they need to cover those costs plus make a profit. They also have to account for taxes, maintenance, and salaries and commissions for those slick salesmen.

So as soon as you buy it, the value goes down, and you can probably never even recoup the price you paid for your timeshare when you sell it. You basically purchase the rights to use it- its like buying a new car. You purchase it for your own recreational use, an expense, whose value depreciates as soon as you drive it off the lot. Not the best investment strategy, is it?