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Thread: New timeshare owner- getting more confused by the minute

  1. #21
    Senior Member jeffnev's Avatar
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    I totally agree with Andrea and Kent. Buy the timeshare if you plan to use it, not as an investment. We bought at the Marriott Surf Club 5 years ago and one of the reasons was because you get a 'season", not a specific week. This flexibility is worth a lot to us and as our situation has changed-kids getting older and moving out, etc. the flexibility has been valuable...and we have been able to trade within the Marriott family pretty easily because the Surf Club is a high demand property. I have been toying with the idea of buying a 2nd week somewhere on Eagle Beach but I'm having a hard time convincing my DW. Buying a TS is a really personal decision and as Andrea points out, the annual maintenance fees can be high. We pay about $1,100 at the Surf Club, but that's a fraction of the cost if we were to rent our 2BR oceanfront unit. If you see a good price at a place you like and you can afford it, go for it.

    All I know is that the week we are in Aruba at the Surf Club is our best week of the year.

  2. #22
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    Timeshare ownership

    I own 5 weeks at the Renaissance, all prime time Bet. week 1&15 That is important if you ever want to sell and because all those weeks are tradable through the resort for an internal exchange for only $60.00 so if you own week 5 and want to go week 8 one year for $60.00 you can go week 8 also if you Buy be sure to buy Pool-Oceanview Units which are all odd numbers. If you own odd # and prime weeks and want to rent them out I have been getting $1300 per. week and last year the maintence fees were $660 per week. I am currently trying to sell 2 weeks week 10 Unit 545 and week 11 Unit 329 for $9500 or both weeks for $18,000 If you can a prime P/O unit for less go for it. I own other weeks in the US but I never trade any of My Aruba weeks. Good Luck. Bill

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  4. #24
    Junior Member gio3003's Avatar
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    We agree with jeffnev. We bought 2 weeks at the Marriott surf club about 5 years ago and the gold season gives us a nice flexible time period to schedule a vacation time. We subsequently purchased a wek at the Marriott ocean club. We chose the marriott properties based on quality and reputation. I was initially hesitant as you seem to be due to the thinking that it was a bit of a scam, but spoke with a number of unit owners and friends who have owned timeshares in Hawaii and we have not regretted our decision to buy in Aruba.

  5. #25
    Senior Member AhhAruba's Avatar
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    I love Aruba and love the idea of going back year after year. While I own Bluegreen points and can use them towards LaCabana and am Marriott Platinum and can use reward points to the Marriott properties there, actually having a reason to go back every year was a draw to me. I was given a TS at Caribbean Palm Village from an owner who just wanted to get rid of them because they had too many units. To me a free 2-bedroom TS in December was too much to pass up so I snatched it up. If I actually had to pay for one and it was cheap (no loan or mortgage needed then I might have taken the opportunity). The real drain comes if you buy a timeshare and have to finance it and are paying a payment and maintenance fees for a long period of time. This means to get to your break even point it can take a long time. So for me getting a timeshare free and paying a yearly maintenance fee of $718 for a 2-bedroom is cheaper than renting. It gets me back to Aruba every year so this was a no-brainer for me.

  6. #26
    Senior Member jpsphr's Avatar
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    We don't own in Aruba, but will be on our third visit using our Marriott Grande Vista unit in Orlando. If we had to do it all over again we'd buy where we want to go (Aruba) instead of where we did. However, to out great fortune and surprise, we've been able to trade through Interval for 3 different weeks at the Marriott Aruba properties. Once, we traded our lock-off studio in Orlando for a 2 bedroom at the Surf Club.

    Timeshares are NOT an investment! They are, however, a great way to stay in different parts of the world, particularly if you are flexible with dates. We've used ours for Aruba, San Diego, Scottsdale and Orlando. Each time, we stayed in a one or two bedroom apartment, instead of a hotel room. Good luck with your decision.

  7. #27
    Senior Member Terry Joz's Avatar
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    Quote Originally Posted by gio3003 View Post
    We agree with jeffnev. We bought 2 weeks at the Marriott surf club about 5 years ago and the gold season gives us a nice flexible time period to schedule a vacation time. We subsequently purchased a wek at the Marriott ocean club. We chose the marriott properties based on quality and reputation. I was initially hesitant as you seem to be due to the thinking that it was a bit of a scam, but spoke with a number of unit owners and friends who have owned timeshares in Hawaii and we have not regretted our decision to buy in Aruba.

    We have owned at the Marriott Ocean Club for 9 years now and enjoy the flexability to vacation also. We also own at the Marriott in Myrtle Beach for about 6 years and exchanged it for 5 years now for the Marriott Ocean Club in Aruba for additional weeks or we bring family or friends with us. We have not regretted buying our time shares at all.

  8. #28
    Junior Member Kris10's Avatar
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    I own a Bluegreen timeshare (they partner with RCI) and our deed is held at The Fountains resort in Orlando FL but the way Bluegreen works, or at least my timeshare, is you use "points" rather than "weeks" so basically you use your points to go where you want, when you want. We get 8,000 points a year and if you don't use your points they roll over the next year BUT I lose them if I don't use them after the following year; meaning, I'll only ever have 16,000 points at any given time.

    The Bluegreen resort that's in Aruba (which we just stayed at and LOVED) is LaCabana on Eagle Beach. They're in the process of remodeling it, the rooms are GREAT!!! We had a one bedroom and rented a studio for the first night we were there (we saved on airfare by arriving on Thursday but had already booked the rooms for Friday soooo we just showed up and say, 'Welp we're here, can you accommodate us?' lol) We also saved money because we took another couple with us. Basically, we used our points for both rooms and they paid for our airfare

    If anyone's interested in buying my timeshare please let me know and we can talk about it. The only reason I'm looking at selling it is because we just don't use it, not often enough. I can't tell you how many points we've lost from not using it....and basically that's just me throwing money away (boooo!!)

    Anyway, if we don't sell no biggie. We just found LaCabana and love it so maybe that'll be our spot

  9. #29
    Aruba since 1979
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    Andrea J.'s Avatar
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    the thing about rolling your points over with blugreen

    1. they now charge you a fee to carry points over to the next yr :-(

    2. those carry over points/roll over points are only allowed to be used during blue or white seasons. (LOW SEASONS)

    there are NO blue or white seasons in aruba or in florida using the bluegreen program.

    i caution all about reading the fine print with bluegreen or any of the other timeshare programs.

    Quote Originally Posted by Kris10 View Post
    I own a Bluegreen timeshare (they partner with RCI) and our deed is held at The Fountains resort in Orlando FL but the way Bluegreen works, or at least my timeshare, is you use "points" rather than "weeks" so basically you use your points to go where you want, when you want. We get 8,000 points a year and if you don't use your points they roll over the next year BUT I lose them if I don't use them after the following year; meaning, I'll only ever have 16,000 points at any given time.

    The Bluegreen resort that's in Aruba (which we just stayed at and LOVED) is LaCabana on Eagle Beach. They're in the process of remodeling it, the rooms are GREAT!!! We had a one bedroom and rented a studio for the first night we were there (we saved on airfare by arriving on Thursday but had already booked the rooms for Friday soooo we just showed up and say, 'Welp we're here, can you accommodate us?' lol) We also saved money because we took another couple with us. Basically, we used our points for both rooms and they paid for our airfare

    If anyone's interested in buying my timeshare please let me know and we can talk about it. The only reason I'm looking at selling it is because we just don't use it, not often enough. I can't tell you how many points we've lost from not using it....and basically that's just me throwing money away (boooo!!)

    Anyway, if we don't sell no biggie. We just found LaCabana and love it so maybe that'll be our spot

  10. #30
    Senior Member Arubalisa's Avatar
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    Using points with Bluegreen you do not have to pay maintenance fees or assessments? These are the two things that are always in the fore front when dh ever considered purchasing a timeshare. These are two factors which are totally out of our control.

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