The NEW 'Timeshare' Trap, Explained

Comments · 617

• IS

  @isbestlizard · 11 months ago

  I have 'points' that allow me to trade them to stay in pretty much any resort in the world at any time I want. They're called 'dollars'

  2.4K

• YO

  @YoucefBoumarafi-q2w · 11 months ago

  If it sounds too good to be true, it’s too good to be true

  666

• BR

  @brandonking1737 · 11 months ago

  I never understood the appeal of a timeshare. Why would I want to waste my hard earned vacation time on the same place every year?

  767

• CA

  @CA-bw9vw · 11 months ago

  We got "scammed" like this recently in the Philippines. They invited us on vague terms so we knew from the start we would not spend a dime. They acted like we were missing out on a great opportunity, but we knew we just got a free dinner buffet.

  549

• LO

  @lockinhinddanger934 · 11 months ago

  As a kid we got a "free" breakfast with a timeshare salesman. We spent 3 hours in this restraunt because they wouldn't stop.

  549

• SY

  @SynRequiem · 11 months ago

  My wife and I were roped into a timeshare presentation in Las Vegas. Thankfully I work in Finance and she works in Real Estate. The sales guys were so incredibly slimy. One guy tried to make us feel bad by saying he was a veteran and this was his income. He tried to physically block our exit. We started recording him and threatening legal action, and only then did they let us leave.<br><br>The entire industry is nothing but predatory slimeballs. Good riddance to them.

  866

• BR

  @brettadams6734 · 11 months ago

  @<a href="https://www.youtube.com/watch?v=JSkmtWWkEsI&amp;t=585">9:45</a> lmao the t shirt drop shipping ad in a video about scams is just 👨‍🍳😘

  418

• JE

  @jerrylundegaard2592 · 11 months ago

  The scary reality is timeshares are worse than a MLM.

  230

• AS

  @asmrlibrarian · 11 months ago

  8 minutes of thoughtfully breaking down the scammy tactics of timeshares, only to kick off an ad by saying &quot;I truly think everyone can find success in [business]&quot;. That&apos;s a shame.

  3.1K

• DR

  @dr.deptrai · 11 months ago

  Recently stayed at a Hilton Vacation Club and got pitched. They offered 100k Hilton points to sit through it. I knew I wasn’t buying nothing but got a free breakfast and 100k points out of it. Any financially literate person with half a brain cell can see through this scam. 18k was the the cheapest package they had. I adked them to pull up destinations I would actually go to, but the timeshares are in dumb locations where people don’t want to go. The salespeople weren’t as slimy because they knew I wasn’t one of their typical marks. Walked away with 100k points and a full stomach. 10/10 would sit through again!

  426

• IS

  @isbestlizard · 11 months ago (edited)

  Why are the maintenance fees so high? 52 people paying $1400 a year is $72,800. What single room condo costs 72 fucking thousand dollars a year in HOA and maintenance costs?

  200

• TH

  @TheLexusKitsune · 11 months ago

  Even as a kid my parents explained what a timeshare was and how it wasn’t a good thing to spend your money on

  111