Are Vacation Clubs a Scam? Is it just a Timeshare?
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- เผยแพร่เมื่อ 14 ต.ค. 2024
- Are Vacation Clubs a Scam? Is it a Timeshare?
During our trip to Jamaica, someone tried to sell us a Vacation Club. Do you own a vacation club? Have you ever heard of a vacation club? Would you purchase a vacation club?
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#vacation #scam #timeshare #vacationclub
I went to one a couple weeks ago. It was funny cuz i told the woman that i don't make big financial decisions without putting some thought into it first especially not on vacation. She said well some people would argue that this is the best time. And I'm like wait people would argue that the best time to make life changing financial decisions is when your emotions are high, you're relxed and may not totally be on your Ps and Q's? Like ya ok lol
Thank you for the video. My wife and I went to vacation to Dubai recently. The scammers got us. We’re very disappointed. I wished I had watched your prior. The one that scammed us is call Life style luxury vacation club. Please be aware of these types of businesses.
wow - sorry to hear that. If you would like to come on the channel and talk more about it feel free to message me at newurbanfinance@gmail.com
Hey, the same thing happened to me, how did you overcome it or get out of the contract?
Bro, I and my wife went to one today! This so crazy you captured exactly what we went through. This happened here in Bahamas 🇧🇸 be careful everyone
I hope y’all didn’t buy.
I only do these things for free promos😆😆😆😆. I ALWAYS say no! Like you said at the end of the day this things are not worth it. Just save money to where you want to go.
Ya me to. I did literally the smae thing he did. I went with my daughter and i told myself i ain't buying nothing. Left my wallet in the car and told my daughter to remind me that we not buying nothing. She's 6 btw 🤣
I signed up for a vacation package in Jamaica this week-it's a 10k deal, nothing too crazy. Considering that I usually spend over 6k for vacations for just me and my wife, and over 10k when we bring our three kids, it’ll pay for itself after just one or two family trips. Of course, it depends on how often you travel and the package you choose, but this one works for me. We even got three seven-day all-inclusive vacations from the promo, which is a great value. Since I typically spend 10k+ a year on vacations, it made sense as a frequent traveler. I paid upfront, so there’s no need for monthly payments or interest. Plus, we got extra perks like VIP access, butler service, a private driver, ocean-view rooms, and excursions for doing that. My budget was under 15k for something like this-anything more, and I wouldn’t recommend it, even if you can afford it. Spending 75k is just wild; you could buy a vacation home for that! My advice is to do your homework and crunch the numbers. In the past five years, I’ve spent over 30k on vacations, so for me, this deal made sense.
Hi, thanks for sharing. Sounds like you got a good deal. Let me know what your thoughts are after the first time you use it. Sometimes there are associated costs that they tack on and you find yourself paying 75% of the trip out of pocket. Hope that's not the case for you. Keep me posted and make sure you read every line in the contract.
@@UrbanFinance will do
This video was very informative and laid out very nicely thank you!
Glad it was helpful!
I just recently signed up for a holiday lounge power by carnival. 12k membership. The part that sold me was. Even if I don’t use the vacation. I can sell it to friends and family would are vacating to that area and charge them whatever.
So a vacation that would cost them 3000+ for a week. I can book it for them at 299-628 on my membership and charge them whatever I like.
I just signed up for holiday lounge yesterday. Please can you tell me if it was worth the money. All the reviews are scary, I'm still within the 3 days to cancel.
@@melainekemmegne8632 I think it’s worth it. Especially if traveling is your thing. Even if u don’t personally use it. U can act as a travel agent and book vacation or hotel for people. U compared prices. And booked using your membership which would cost you way less then charge the individual whatever u like.
It’s definitely worth it. Also u can pass the membership to your love ones.
Hey guys! So my husband and I spins the wheel to win a prize/free vacation trip for two. “HNG” 😂 I asked what’s the catch? The rep was nice and presentable and said there’s no catch but you have to show up to the presentation. We did pay $40 refundable deposit. We’re gonna attend but thanks to your video we know exactly what to expect. We already agreed we’re not purchasing anything just going to get our “prize” hopefully and our refundable deposit. We shall see…tbc 10/12/24
The interest rate on the one we went to was 15% for 20 years. This was two days ago
These people are crazy!! I hope you didn't buy.
That actually sounds worse than the timeshare. My ex and I were able to go-to 4 different presentations and received free hotel vouchers in Vegas, 2 bottles of wine and $100 visa gift card in Florida, 5 star dinner vouchers in Virginia. We played good cop bad cop so much they blocked us out of the system! 😂
lol, I might have to research these and make it a side hustle. Y’all got a lot.
@@UrbanFinance 🤣🤣🤣
That dont sound like a scam, it just sound like a offer to a bad idea... scam is when they show u one thing n do the opposit....
Just came from one of those i thank God i had 3 days to cancel because i did get caught up
I hope you canceled.
@@UrbanFinance Yes i did the next day
I'm saying no each and every presentation. Got stuck in a time share years back and it made my life miserable. Like I said, the maintenance fees dont stop. No, no, no, no, no‼️
How did you get stuck in it? Would you want to be interviewed about your experience?
That interest rate!!!!!
Tell me about it.
They don’t tell you about the yearly maintenance fees you pay. They call you an owner so you pay these maintenance fees, lol. This is the same. Cause these yearly fees, you can make a reservation with 5 * hotel for the same days you get in the club. The scam is what you pay is a waist….
I was like the 90 minutes are up we’re not buying
lol, where did you do it?
@@UrbanFinance hi vacation club Hyatt in Escondido
Thanks for sharing your information
My pleasure!!
It certainly is more appealing. One thing I did was balk at the cost of a new membership/contract. I have a rule to asl about a used market. Lo and behold they had another rep juat for that! Ended up getting a contract dor 90% of the time at over 60% off. I work remotely so the olan is to give it a shot for a year and see what's up
Any updates? How is it going?
Same here, we negotiated too and got 75% off! We also paid cash so we won't be paying interest. I do also have that much PTO so we're able to take the trips whenever we like. Calling it a scam is misleading the public on this one.
Can u give updates please
I have used my membership 3 times this year. Each time I have been at a property; the staff has been trying to upsell me on another higher package. I did the same thing; listened to the spiel on the new package and then declined. I asked about used packages and also declined those as well. I am satisfied where I am at in their membership tier.
It is a scam because they tell you lies to get you to sign! Only rely on the contract and not what they say -
💯 % agree
I got a deal for $4100 everything included with unlimited getaways 5 year plan $88 a month for 36 months I split that down with 3 people best deal of a life time thru holiday lounge / interval international access to over 5000 resort around the world you just gotta know how to rock a deal
I got one today for $7500. I think it was a pretty good deal. They started at 20k and I wasn't having it, but for $7,500 and I get 3 bedroom resorts, I think it was a good deal. Especially since I have 7 children. I could pay that in cash and have great vacations for the rest of my life. I can take 5 vacations on points and unlimited week get aways for $199-$339. Even at $339 that same vacation would be at least $199 a night for my family size. I'm also a business owner so I have a lot of free time to travel. I would have paid $7500 cash for the unlimited 199 paid vacations without the points.
which company
@@msanti91 IHG
I just purchased a package for 8K. Any updated reviews post travel?
Commenting so i come back here. Wan in a pitch last week that almost made sense. 11k for their entry level plan with access to Karisma hotels and resorts. 9 months no interest which we would pay off in January to beat that. 10 year term. No annual fees and unlimited sharing of the benefits. I said no because i just wasn’t giving anybody a yes lol! Exotic Travelers was the company. Anyone have experience with them?
Karisma hotels is the same one we had access to. That does sound like a good deal, but as my grandmother always use to say, if it sounds too good to be true…
@@UrbanFinance when you said Ruby i thought it might have been the same. Like you said, sounds too be good to be true which is why i went looking on TH-cam and found this video lol 😂
@@ronniereese4065 lol, I feel you. TH-cam is a great place to look for information.
I just got scam rci elite world xredir card i just cant believe i fell for it
Was it Sundance?
Maybe yours didn't, but most vacation clubs have monthly maintenance fees and are just as hard to sell
Still trying to figure out how you think that you received a free dinner?
125.00 for going
Then only 75% off
You should have just paid for the dinner, it would have been cheaper. Lol
I said they told me the dinner was going to be free, not that it was free. I didn't have to pay to sit through their sales pitch. They gave me 75% off for the candlelight dinner which cost $120.00, so the total out-of-pocket was $30.00 for the dinner. If you factor in the fact that I made money from TH-cam ads from this video, I guess the dinner was technically free because I made more than $30.00 from this video. 😉