You would think that after all this time, these simple tips would not need to be reprinted, but consumers continue to get themselves in trouble.
HOW TO BUY A TIMESHARE
You don't see a lot of ads trying to sell you a timeshare. Timeshare marketing and sales tactics are more subtle, or at least more mysterious than that. If you are one of the more than 3 million Americans who attend one or more timeshare presentations annually, you might have been confused.
Buying, owning and using a timeshare might be the greatest thing for you...or not. But it continues to be one of the most misunderstood products out there. Here's some basic advice:
1) New timeshare doesn't necessarily mean better timeshare
2) A timeshare is not a financial investment
3) Understand the psychology of sales before you sit through a presentation
4) Don't buy more than you can use
5) Don't buy more than you can afford
6) Understand that the salesperson works for the developer, not for you
7) Don't buy with selling or renting in mind
8) If it sounds too good to be true, it is
9) Stay away from the words "free", "perfect", "always" and "never"