As you may have read in previous posts on this board, it is a lovely resort - nice pool, nicely furnished, close to everything. On our last trip (our first at VV) dh decided he wanted to go to the timeshare presentation to see what it was all about ( the "gift" didn't hurt either). This is what they had to say:
About $19,000 for 1 week in a 2 bdrm plus about $800 a year in condo fees. For 2 or more weeks they dropped the price to about $16,000. The resort is scheduled to have many more condos than it already has - it will be big like VR and they will be adding a restaurant (right now they have a deli). If you are an owner you are guaranteed to get a place no matter when you call. You don't have to take your whole week at any one time, and there are no blackout periods. You can trade your time at VV for any other Sheraton property for free and for a huge list of other hotels and resorts around the world for $169-$199/week. They also have this list of hotels and resorts that comes out once or twice a month where owners can buy extra weeks for $199 a week, kind of like a stand-by club.
We decided not to go for it - when we really had a chance to think about it, it was not for us. We like to go where we want to go and do what we want to do, not be limited in any way to certain resorts/hotels (though it was a huge, thick book of opportunities). We didn't want the responsibility of being owners.
Our salesperson did work really hard and I think they thought we were going to bite because they kept us for 4 hours. I have to admit it was tempting so I guess we were showing interest. The angle they took was they asked us how much we spend on vacation accomodation per year, then they multiplied it over the number of years we expected to take vacations in our lifetime. Then they compared that figure to 1 week's worth of VV condo. Well, when we were left alone to compare apples to apples instead of oranges, our way was cheaper and more flexible. They warned that we wouldn't always be able to get as good a deal as we got this time for our villa (from Hotelkingdom) and I don't doubt it, but as much as I liked this resort, it is not a must do. If it is too expensive there are other nice enough places. Another thing they said was that in the future everything would be timeshare - ya, right, okay, whatever.
Anyway, I just thought others would be interested in having an idea of what goes on at these presentations. I do think it's worth it to go because of the gift, but not at the expense of your vacation (we went on a day we would be traveling so we had nothing planned except driving). Also, timeshare is probably right up some people's alley so I am not trying to disuade anyone who might be interested, just thought it would be good to go armed with a little prior info.
I also think that if you like to travel and are pretty open to where you would go and would take advantage of that "stand-by club" (my term, not theirs), then it seems worth it it to buy, if you have the money.
That reminds me, if you do the minimum downpayment (can't remember what it was) they will give you a loan for the rest at 16.9% (WHAT?!!!!). And, apparently, no one ever plunks down the whole shebang right there and then. All I can say is Sheraton must be making a BUNDLE.
On a side note, our saleperson said that Disney had plans to build 27 (yes 27!) new parks in Orlando (oh ya??).
About $19,000 for 1 week in a 2 bdrm plus about $800 a year in condo fees. For 2 or more weeks they dropped the price to about $16,000. The resort is scheduled to have many more condos than it already has - it will be big like VR and they will be adding a restaurant (right now they have a deli). If you are an owner you are guaranteed to get a place no matter when you call. You don't have to take your whole week at any one time, and there are no blackout periods. You can trade your time at VV for any other Sheraton property for free and for a huge list of other hotels and resorts around the world for $169-$199/week. They also have this list of hotels and resorts that comes out once or twice a month where owners can buy extra weeks for $199 a week, kind of like a stand-by club.
We decided not to go for it - when we really had a chance to think about it, it was not for us. We like to go where we want to go and do what we want to do, not be limited in any way to certain resorts/hotels (though it was a huge, thick book of opportunities). We didn't want the responsibility of being owners.
Our salesperson did work really hard and I think they thought we were going to bite because they kept us for 4 hours. I have to admit it was tempting so I guess we were showing interest. The angle they took was they asked us how much we spend on vacation accomodation per year, then they multiplied it over the number of years we expected to take vacations in our lifetime. Then they compared that figure to 1 week's worth of VV condo. Well, when we were left alone to compare apples to apples instead of oranges, our way was cheaper and more flexible. They warned that we wouldn't always be able to get as good a deal as we got this time for our villa (from Hotelkingdom) and I don't doubt it, but as much as I liked this resort, it is not a must do. If it is too expensive there are other nice enough places. Another thing they said was that in the future everything would be timeshare - ya, right, okay, whatever.
Anyway, I just thought others would be interested in having an idea of what goes on at these presentations. I do think it's worth it to go because of the gift, but not at the expense of your vacation (we went on a day we would be traveling so we had nothing planned except driving). Also, timeshare is probably right up some people's alley so I am not trying to disuade anyone who might be interested, just thought it would be good to go armed with a little prior info.
I also think that if you like to travel and are pretty open to where you would go and would take advantage of that "stand-by club" (my term, not theirs), then it seems worth it it to buy, if you have the money.
That reminds me, if you do the minimum downpayment (can't remember what it was) they will give you a loan for the rest at 16.9% (WHAT?!!!!). And, apparently, no one ever plunks down the whole shebang right there and then. All I can say is Sheraton must be making a BUNDLE.
On a side note, our saleperson said that Disney had plans to build 27 (yes 27!) new parks in Orlando (oh ya??).
