Hot topics for both consumers and webmarketers on WebmasterRadio.FM
Every Wednesday, 5PM Eastern.
June 16, 2006, Newsletter Issue #3: Timeshare Savings
1
Tip of the Week
Way in the bygone days of timesharing, developers frequently used the 10-year savings formula for ascertaining the value of a timeshare. Owners needed to look at timeshares as a long-term item. The 10-year savings guideline is one of the ways to determine the resale value of a person’s timeshare.
Ten year savings example for a studio timeshare at the Whaler in Maui, Hawaii purchased in 1992:
Equivalent hotel/day - $ 150
Timeshare maintenance - ( 40)
Hotel savings - 110
7 day savings - $ 770
$5,500 4% 1992 CD loss - ( 220)
Adjusted annual savings - $ 550
Ten Year Timeshare Value - $5,500/wk
You will note that the timeshare will pay for itself in 10 years. Therefore usage and resale after that time period is pure profit. If you compare this on the premise, that if you use your CD savings for your annual vacations, your savings will be gone in less than 6.5 years!
2
About LifeTips
Now one of the top on-line publishers in the world, LifeTips offers
tips to millions of monthly visitors. Our mission mission is to make
your life smarter, better, faster and wiser. Expert writers earn dough
for what they know. And exclusive sponsors in each niche topic help us
make-it-all happen.
