Premier By Original Resorts/RCI

Everyone seems hell-bent on seeing the math. I keep an Excel spreadsheet of ALL purchase with my Timeshare Resort and RCI. I know EXACTLY what I paid, What I’ve spent, what I’ve saved since my purchase November 2006 while at Desire Resort and Spa in Cabo.

fishing

We purchased in 2006 and paid one year of maintenance fees. Due to a contract dispute I was able to negotiate out the yearly maintenance fees with my home resort Christmas 2008. Since this time I only have RCI yearly fees. So my numbers are a little different than most by about $3,500 for the same time period for members who bought into the Blue Bay Resorts Timeshare.

However, my travel savings are real when you compare Resort fees, RCI fees to what I would have paid retail on the internet for the same accommodations. Additionally, I settled a PROFECO dispute with Blue Bay Resorts know known as Premier by Original Resorts and was given 4 free AI weeks to use once per year until they are gone.

Here is how my purchase breaks down:

$22,000.00………Original Purchase Price of Timeshare
$500.00 2007…….Resort Maintenance fees
$124.00 2008…….RCI fees
$124.00 2009…….RCI fees
$124.00 2010…….RCI fees
$124.00 2011…….RCI fees
$124.00 2012…….RCI fees
$124.00 2013…….RCI fees
$124.00 2014…….RCI fees
$23,368.00………Total with original purchase and Fees paid to date with Timeshare & RCI
$29,574.02………Total savings year to date
$6,206.02……….I am now past the break-even point

$1,103.00……….Fees paid to RCI 2007
$7,721.00……….Travel expenses 2007 had I not used RCI
$6,618.00……….savings

$283.98…………Fees paid to RCI 2008
$1,398.00……….Travel expenses 2008 had I not used RCI
$1,114.00……….savings

Timeshare Location

$161.00…………Fees paid to RCI 2009
$900.00…………Travel expenses 2009 had I not used RCI
$739.00…………savings

$3,233.00……….Fees paid to RCI 2010
$9,095.00……….Travel expenses 2010 had I not used RCI
$5,862.00……….savings

$1,213.00……….Fees paid to RCI 2011
$15,480.00………Travel expenses 2011 had I not used RCI
$14,267.00………savings

$1,644.00……….Fees paid to RCI 2012
$2,618.00……….Travel expenses 2012 had I not used RCI
$974.00…………savings

$29,574.02………Total savings year to date

Westgate Experience

I’ve had experenced with timeshares my whole life. My parents had two and we used them every year. This made me a bit nogastilc when I was in Orlando on my honeymoon this past February and ended up getting a timeshare even though I really couldn’t afford the $200 they were asking up front.

What happens if I stop paying for timeshares

I paid the first months mortgage and have since stopped. I am in the process of requesting a Deed In Lieu of Foreclosure.

I was going to use one of their “getaways” to go later this year as we still had two tickets to Disney we didn’t get to use but there were none available! I’ve since discovered they the timeshare companies whore their rooms out online at a LOWER RATE to NON-OWNERS!!! I can stay at a 4 Star Hotel/Resort for half the cost of the yearly maintence fees, not to mention to mortgage!!

IF YOU OWN A TIMESHARE STOP PAYING, DON’T ANSWER CALLS, AND IGNORE THEIR THREATS!

We need to take a stand and DO something about these companies.

I have started a petition on Change.org to make Time Shares ILLEGAL!

Please EVERYONE come sign it!

Westgate – Blue Tree Orlando

We purchased our timeshare at Westgate Blue Tree July 2012. It sounded fantastic. They basically promised us the earth. During the selling pitch they presented us with mounds of paperwork and was told you don’t have to read all this just sign and read it when you get home. They did not mention about the 10 day cooling off period.

Destination Club Memberships

When we arrived home I decided to get the brief case full of paperwork out, after hours of trying to read the very small print I said to my husband I am not happy with this timeshare it is not what they promised us. We decided to pay the monthly mortgage.

After a few months we tried to book a week at the Westgate Lakes, Lake Buena Vista, The price was unbelievably expensive, it was no where near the prices that we was shown on their computer ie. $124 per week for 4 people.

We looked into flights, Westgate said they could get 25% off the price of flights from our local airport, all lies!!!

Well to cut a long story short we decided after several phone calls and letters to Westgate explaining we could no longer afford to pay for the time share because my husbands hours at work had been reduced and I can not work, they told us just to stop paying, we cant be hounded for payment because we did not give then our NI numbers.

We have had phone call after phone call, letter after letter, our account have now gone to a collections agency. We are starting to panic. Please can anyone give us true advice as to what we should do next.

Buying this timeshare sounded so wonderful, we could pass it on to our children it would be a good family investment, LIES…

They just wanted our money.