Should I rent or buy a timeshare?

Timeshares are bought, not rented. If a timeshare sounds like a great idea, do your research and consult with a timeshare agent before buying. You may prefer another option, like renting a vacation home or purchasing a second house. If you’re just starting to dip your toes into the idea of buying a timeshare, it might be best to try renting out a few vacation properties on third-party websites. Then, if you really want to return to the same destination year after year, opt for purchasing a timeshare and entering a timeshare contract.

Do I have to pay for a timeshare upfront?

Yes, you typically have to purchase a timeshare upfront, but financing options are available for most purchasers.

Can I get out of a timeshare contract?

You can get out of a timeshare contract, or at least avoid the costs associated with it, by: Selling to an interested buyer, Giving the timeshare to a friend or family member, Renting your timeshare on vacation rental websites to cover the cost.

What are the most popular timeshare destinations?

According to Timeshare Broker Associates, the top timeshare destinations in the United States are: Disney resorts, Myrtle Beach, Hawaii, Lake Tahoe, Branson, Missouri, Williamsburg, Virginia, Las Vegas.

Are timeshares worth it?

When deciding if a timeshare is financially worth it, you’ll need to factor in the upfront cost and yearly maintenance fees and determine the number of years you plan on vacationing at that destination.

What Is A Timeshare And Is It Worth Buying?