Slip of the Tongue or Truth in Advertising?
I hate when salespeople call my cell phone, but at least the last sales call I got was entertaining.
They were selling a timeshare, er, I mean, they were giving away a free no-obligation vacation valid for an entire year, plus a $50 gift certificate to a local restaurant.
All I had to do to receive this fabulous gift was listen to a short presentation that would last no more than over an hour.
Did you catch that? That’s right, no more than over an hour.
Now I don’t know if the person really meant to say that or if it was just a slip of the tongue, but that sure does leave the time frame wide open…
At any rate, if I actually wanted a timeshare, I’d probably hop on over to eBay and pick from one of the 1,775 listings or so available. Just for fun, I clicked on a listing that was ending in 5 minutes. It was going for about $300, with no reserve. Of course your $300 would also include the “right” to pay an additional $800 in maintenance fees each year. With that kind of a deal, I bet I could find someone willing to give me a timeshare for free.
I tried to find the average price of a timeshare in the U.S., but got conflicting results in Google that ranged from $7000 to $25,000 for the initial purchase price. It’s safe to say though that they are expensive.
Of course, I doubt that many of the people who attend those resort presentations actually intend to buy a timeshare. Most of them probably intend to get their free vacation and go home.
The thing is, presentations like that (the kind where they give you something valuable to attend) are almost always high pressure. If they aren’t high pressure, they are are staffed by outstanding salespeople who are expert closers.
It’s usually cheaper in the long run to just pay for your own “free” vacation and meal out.