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Impact of gas prices on TS Industry?
I would expect that sales of new units and resales are tanking.
How are TS prices on Ebay and Craigslist holding up? Where are the bargains?
How are TS prices on Ebay and Craigslist holding up? Where are the bargains?
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I bet anyone selling something that is discretionary is worried right now.Originally posted by alleng
TS resales on eBay have tanked in the past two years because of the volume of TS dumped on eBay for $1 by the post card companies. I don't think the price of gas has affected that. Now, the availability through exchange companies might be affected with more demand for short distance drive to locations from dense population areas.
I just bought a $39,599 timeshare for $0.11 plus closing.... not enough time for all the timeshares ® -
WooHoo, good for you!!!Spence,
I just bought a $39,599 timeshare for $0.11 plus closing.
Angela
If you change the way you look at things, the things you look at change.
BTW, I'm still keeping track of how many times you annoy me.
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Gas prices impacting TS industry
A few thoughts...Originally posted by allengI would expect that sales of new units and resales are tanking.
How are TS prices on Ebay and Craigslist holding up? Where are the bargains?
1) There could be more consolidation in the industry.
2) New construction/remodeling might get put on hold.
3) More resorts might have additional companies participating/sending people. When we were at Hever Hotel in England using El Cid points in April, there were people from many, many timeshare programs at the resort.
2) Maintenance fees that used to go up 5% per year could jump to 10%.
3) We know of people that planned to have 16 family members in Cancun and abandoned the idea after looking at airfares this year.
4) We will be driving to Mazatlan then Puerto Vallarta from Northern California. We have a hybrid but I think gas costs will be double to get there. We know others that have driven down for a month but I doubt they will justify the drive this year.
5) The "All Inclusive" resorts like Velas Vallarta could raise their AI fees if food costs go up due to transportation. I believe they told me the AI rate was $265/day during Christmas. That's ridiculous! We'll go to the new Costco in PV, stock up and cook most of our own meals.
6) Trading weeks for cruising will cost more as cruise fares are up substantially in addition to fuel surcharges.
7) The upside is there might get the weeks you want at distant resorts as others stay closer to home.
Interesting article:
AIRLINE BIZ Blog | The Dallas Morning NewsMy Website Link Oked by BFComment
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I am VERY happy that we are doing a drive to vacation at Christmas rather then flying a family of 16 to FL....
You know if it is affecting how us 'hard core' vacationers are traveling, it is definitely affecting 'regular' people.Comment
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You bought a timeshare worth $.11 plus closing for $.11 plus closing.Originally posted by SpenceComment
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Spence
What do you mean when you say the post card companies were selling time shares for $1?
AllenComment
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I know what I bought and I know what it's worth to me, I certainly don't need you to try to tell me what you think it's worth to me.Originally posted by BocaBum99
... not enough time for all the timeshares ®Comment
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go to eBay - New & used electronics, cars, apparel, collectibles, sporting goods & more at low prices, click on Real Estate, click on see all timeshares, click on price.Originally posted by alleng... not enough time for all the timeshares ®Comment
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Spence, probably own more t/s weeks and points then Diamond International
(just joking). I do believe he is wise investor in the t/s industry.Comment
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I think Boca was referring to the present market value, not the perceived value to you. I agree with him.Comment
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