ARDA, the American Resort Development Association, has come out with its latest finding showing that a family of four saves $18,160 over the cost of 18 years by purchasing a timeshare over using a hotel room.
Here's the link to the infographic:
Here's the numbers they used:
Average Hotel Stay
$3,000 annually for 18 years
Total Cost $54,000
Assuming a 7 night stay, that comes to $428.57 per night
$20,000 cost of purchase
$15,840 average maintenance fee ($880 per year)
Total Cost $35,840
Showing a cost savings of $18,160 over an 18 year period.
I'm throwing it open here...agree, disagree?
Show me your numbers.