Timeshare Puke Price
Timeshare has come a long way since the slick, fast talking time-share salesman. While he may no longer wear a plaid leisure suit, he remains focused on the sale, and will do everything in his power to convert your interest into a hearty commission. Some salespeople talk, talk and talk, and never listen to the client – this way they can give their pitch without getting too close. While others prefer to stick to the guilt highway, posing questions including, “Don’t you think your children deserve better?”, or involving family, work, and your personal life. To avoid falling for a trick, pay close attention, never let a salesperson tell you what you want, and beware of the “puke price”.
Asking the client to buy is the final step after a good 30-60 minutes of courting. The salesperson will then show the client a price sheet, and after what seems like endless minutes of calculation, he will present a figure that is guaranteed to make your jaw drop. This initial price figure is known as the “puke price” because it is so high, it’ll make a client feel nauseated. Shortly after this first price is shown, a sales manager will come in and let the prospective buyer know that this is the price offered to anyone that walks in off the street. The sales manager may then say, “I’m not supposed to show you this . . .” or “We have better accommodations that are going to sell fast . . .” and offer a much cheaper price, which if often referred to as the “nosebleed drop”.
This is all part of the game, and a way for the salespeople to make the interested party feel as though they are privy to some type of special deal or bargain. It is a tried and true psychological tactic, and is a leading reason why time share sales continue to rise despite more consumer information and education. If you want to avoid the gimmicks, insist up front that you are shown one price only – if they don’t deliver on this, walk away. Always remember that no matter how low a timeshare salesperson goes, you can always find a better deal on the resale market than buying directly from the resort.
I recently used timeshare rescue to get out of my timeshare. I saw that my timeshare was on ebay for $1.OOusd. I had paid over $1000 to listing companies which gave false promises and I paid about 20k to buy the damn thing. I decided to pay them the service fee and now im timeshare free. That was a waste of money. Can I sue the people that got me into this contract in the first place??? It seems dishonest and fraudulent!!!
You cant sue them, they are careful with their words so there is no legal ground and you can check any contracts that are drafted. You got swindled unfortunately. Research is key if you are actually looking to buy land anyway. Consumer beware. Im going to be going to a timeshare presentation and i will do nothing but be a DICK. Ill leave with everything that they promised me for free and REFUSE to pay for a damn thing.
Did you go to the same presentation we did? I bought my timeshare from Point To Point Destinations (PTP Destinations, West Coast Timeshare) in Vancouver, BC
I posted facts on my web site:
The "Puke Price" is an apt title. It's not limited just to timeshares. It's almost like "bad cop, good cop" for salespeople. And timeshare sales are rising in spite of home sales dropping. Priorities, anyone? No wonder timeshare consumer groups and timeshare relief agencies are in demand.