Family Vacationing At Bargain Price Tips on getting bargain vacations from personal experience.
Entry for June 30, 2007

Family Vacationing At Bargain Price

Summer has arrived!  Most people with kids have already planned their summer vacation, or are thinking about their summer vacation.  There is one problem that everyone knows but can't do anything about is the high summer vacation prices.   

Personally I have traveled pretty extensively with my family through out the year since my kids are only 2 and 4.  So I believe my experience and my tips can help you finding bargain prices to travel during prime summer season. 

When I have my first child, I found that hotel room will not work for me because the fact that I need a kitchen with a refrigerator to store milk and food so whenever I need to feed my son, food will be available.  Also stove/microwave is essential to warm up food for the baby.  Of course at the same time, with the arrival of the first child, my family's financial situation is taking a big hit.  I have to budget family vacation trips carefully so we don't spend over our budget.         

So with that in mind, I started looking online, hoping to find low price vacation rentals.  Instead, I found something that I didn't expect I would ever consider purchasing, TIMESHARE OWNERSHIP.

Even prior to having my first child, I have attended timeshare presentations before, and as impressive and convincing as the sales person could be, I always managed to say no.  My reason was why should I invest $20,000-$30,000 in timeshare ownership when I can travel freely to anywhere I want with hotel rentals.  In fact, I still feel the same way right now, I still don't want to invest $20,000-$30,000 in timeshare ownership even though I no longer like the hotel idea.  I found that I could purchase timeshare ownership, in a resale market, with prices ranging from a few dollars to a few thousand dollars. 

I assume most people know about timeshare ownership.  If you don't, you can read about it online, or actually attend a timeshare presentation to learn more, just make sure that you say No at the end of the presentation. 

There is huge resale market on timeshares.  I purchased my first timeshare on Ebay, and it cost me only $600 including closing cost.  The yearly maintenance fee of this timeshare is $450.  With that particular timeshare, I was able to travel at least 6 times a year, few days to one week at a time, at 5 star resorts at amazingly low price.  The trick is I purchased a timeshare that allowed me to book as many last minute (about 3-5 weeks before actual traveling date) bonus vacations as I want.

My cost of each week of vacation at a 2-bedroom unit is only about $300, no matter when or where, as long as I found availability.  If you book a 2 bedroom vacation rental through an owner directly, would be about $1000-$2000 per week, depending on season and location. 

I bought this timeshare in 2005, and since then, I have booked at least 30 vacations for myself, my friends, and my family, both during low and peak seasons.  Now I own more timeshares now, with the most expensive one being about $6000.  But with the money that I have saved on vacations, the timeshares that I have purchased are priceless. 

While I do suggest you start looking into purchasing a timeshare in a resale market, there are a lot of timeshares out there for your consideration.  The timeshares with fix weeks are cheapest.  You can purchase one on Ebay for about $100, plus closing costs.  If you are someone who likes to go back to your favorite vacationing spot year after year, then this would perfectly for you.  However, if you like to travel to different places, then you should look at timeshares with point system, such as

RCI Points

Fairfield Resorts

Worldmark Trendwest

Hilton Grand Vacation Club

The ones that I have listed above are in order of lower to higher prices.  There are a lot more timeshares with point system, and they are not listed here.  It is very hard for me to list everything, and everything that I know, but I think if you start looking into it, then you will realize the benefits that I am referring to.

If you one of those people who just don't want to deal with purchasing a timeshare, then I have another suggestion for you to find bargain lodgings.  There are some people who sell last minute timeshare rentals online, mainly on Ebay.  They typically sell the timeshare rentals for $500-$800/week, which is still much lower than vacation rental from owners directly, and is sometimes cheaper than renting a hotel room. 

Hope my tips are helpful to you.

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2007-07-01 06:30:35 GMT