Las Vegas Timeshare

richlevy · 07-02-2005, 09:14 AM

About 10-15 years ago we sat through 2 timeshare presentations in Florida. Earlier this year, we went to Las Vegas on a discounted stay at the new Hilton Las Vegas Strip timeshare.

On our stay there we also were hijacked by a timeshare salesman and saw a presentation for a wildly overpriced renovated motel timeshare in addition to our planned Hilton presentation. Apparently, Las Vegas has cleaned up it's act so that instead of being propositioned by hookers and pimps on every streetcorner, you are instead being propositioned by timeshare salesmen. This is not an improvement.

At our choice, we stayed 3 hours at the Hilton presentation. In the end, we asked about the Hilton Flamingo timeshare, since we did not like the location of the one where we were staying. They made an offer, we made a counter-offer, they said "we don't negotiate", we walked away and bought the same timeshare on the resale market for 1/2 the price.

We just mailed back the papers for a 1 bedroom suite at the Hilton Flamingo during the 'gold season'. Hilton has declined their 'right of refusal' to buy back the property for the price we arranged, IMO because they are trying to sell the new properties and the $5500 price was close to their wholesale price, minus the sales commission.

Next Fall we start vacationing in Vegas.

Renting the 1 bedroom villas for 7 days costs $1700 plus hotel tax (%10?). We are paying $5500 plus closing costs in order to pay about $600 per year in fees and real estate taxes.

BTW, there is a picnic area with BBQ grills. Forks Vegas, anyone?

07-02-2005, 09:14 AM	#1
richlevy King Of Wishful Thinking Join Date: Jan 2001 Location: Philadelphia Suburbs Posts: 6,669	Las Vegas Timeshare About 10-15 years ago we sat through 2 timeshare presentations in Florida. Earlier this year, we went to Las Vegas on a discounted stay at the new Hilton Las Vegas Strip timeshare. On our stay there we also were hijacked by a timeshare salesman and saw a presentation for a wildly overpriced renovated motel timeshare in addition to our planned Hilton presentation. Apparently, Las Vegas has cleaned up it's act so that instead of being propositioned by hookers and pimps on every streetcorner, you are instead being propositioned by timeshare salesmen. This is not an improvement. At our choice, we stayed 3 hours at the Hilton presentation. In the end, we asked about the Hilton Flamingo timeshare, since we did not like the location of the one where we were staying. They made an offer, we made a counter-offer, they said "we don't negotiate", we walked away and bought the same timeshare on the resale market for 1/2 the price. We just mailed back the papers for a 1 bedroom suite at the Hilton Flamingo during the 'gold season'. Hilton has declined their 'right of refusal' to buy back the property for the price we arranged, IMO because they are trying to sell the new properties and the $5500 price was close to their wholesale price, minus the sales commission. Next Fall we start vacationing in Vegas. Renting the 1 bedroom villas for 7 days costs $1700 plus hotel tax (%10?). We are paying $5500 plus closing costs in order to pay about $600 per year in fees and real estate taxes. BTW, there is a picnic area with BBQ grills. Forks Vegas, anyone? __________________ Exercise your rights and remember your obligations - VOTE! I have always believed that hope is that stubborn thing inside us that insists, despite all the evidence to the contrary, that something better awaits us so long as we have the courage to keep reaching, to keep working, to keep fighting. -- Barack Hussein Obama Last edited by richlevy; 07-02-2005 at 09:32 AM.

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