Becker79
Los Angeles, CA,#2Consumer Comment
Wed, July 17, 2013
The best thing to know about Mayan Palace:
NO! NO! NO! NO! NO!
ABORT! ABORT!
Buying a mayan palace timeshare timeshare is setting a big pile of money on fire.
1. Your trades cost money on top of the maintanence fees. By the time you add up the opportunity cost of buying it, the maintenance, and the trades, you have paid for a luxury hotel room.
2. Uncertainty. You can never be sure that a trade will be available in the place you want to go. You may spend all the money and end up no closer to Mickey. You can probably get a trade for a place in the Catskills though….
3. Fees. There are yearly maintenance fees. Typically $500-750 a year. On top of the purchase price.
4. Buying points? Congrats. You just bought the right to contend for vacancies at the time share company. If they devalue them in the future, then you -might- get that place in the Catskills.
Source: Mexican Timeshare Solutions