Skip to content

What Is the Best Timeshare to Buy? A Comprehensive Guide to Timeshare Ownership

Step 1 of 6
canceltimesharegeek

Purchasing a timeshare means more than just choosing your vacation property, it includes how you buy into a location, what your ongoing expenses are, and knowing which destination you want to visit. Timeshare ownership allows buyers access to pre-reserved weeks, flexible point systems, and a network of sought-after destinations. So what timeshare is best to buy?


In the timeshare buying process, this guide examines what to look for, reviews the industry leaders and explores ownership points that matter. If you do ever want to get rid of a timeshare, Canceltimesharegeek are an awesome service that can take the hassle out of the process for you and put your mind at ease.



Understanding Timeshare Ownership


Timeshare is a type of holiday snare ownership in which multiple folks hold rights to search out or use a hotel property via their arrangement. There are three major types of timeshares:



  • Fixed Week: Owners purchase a set week at an assigned property on annual basis, creating predictability but less room for flexibility.

  • Floating Week: Owners can book time during a particular season, giving more flexibility in scheduling.

  • Points System: The most flexible form, where owners buy points that they can redeem at different locations, times of year and unit sizes within the timeshare network.


Ignoring these variations means you could end up picking a timeshare design that just goes with your way of living and travel needs.

Step 1 of 6

Top Timeshare Companies to Consider


Several established companies offer high-quality timeshares with diverse vacation options. Here are some of the top names in the industry:



  • Marriott Vacation Club: Known for luxury and high standards, Marriott provides a points-based system with properties in premium locations worldwide.

  • Hilton Grand Vacations: Offers a mix of fixed, floating, and points-based options, with a focus on prime urban and beach locations.

  • Wyndham Vacation Ownership: The largest timeshare company globally, Wyndham offers extensive options through its points-based system and multiple brands.

  • Hyatt Residence Club: Offers a boutique experience with luxury amenities, perfect for travelers who prioritize high-end accommodations.

  • Disney Vacation Club (DVC): A favorite among families, DVC provides access to Disney parks and resorts, using a points system to book accommodations.


Each company has unique benefits, and researching these options helps determine the best fit based on your travel preferences.



Factors to Evaluate When Choosing a Timeshare


Choosing the right timeshare goes beyond selecting a destination. Here are essential factors to consider:



  • Location Preferences: Look for resorts in locations you genuinely enjoy visiting. Some companies offer a wide range of destinations, while others may focus on specific regions.

  • Flexibility: Decide if you prefer the consistency of a fixed week or the adaptability of points. If you like visiting different locations, a points-based system may suit you better.

  • Maintenance Fees: Annual maintenance fees can vary greatly and may increase over time. Understanding these costs is crucial for budgeting.

  • Resale Value: Not all timeshares retain their value on the resale market. Some companies, like Marriott, tend to hold higher resale values than others.

  • Exchange Opportunities: If you want access to locations beyond your timeshare brand, ensure it has an exchange network, like RCI or Interval International.


Evaluating these factors carefully can help you select a timeshare that fits your lifestyle and minimizes long-term expenses.

Need help with timeshare cancellation? Check out our trusted exit partners for further information.

Benefits of Points-Based Timeshare Systems


A points-based timeshare is attractive to many of today’s travelers because it provides added flexibility. This is why this option has a lot of buyers:



  • Flexible Travel: Points can be redeemed for different unit sizes, destinations, and nights per stay to give you flexibility year after year.

  • Flexibility of Destination: Most points-based systems also permit owners to book at any property in the parent company network, encouraging diversity and adventure.

  • Simple to Exchange: Points systems typically work seamlessly with exchange programs, which makes it that much easier for you to use your points on stays at partner resorts across the globe.


If you want flexibility and variety, a points-based program may be right for you.



Exploring Fixed Week vs. Floating Week Timeshares


Fixed and floating week timeshares each come with unique benefits:


Fixed Week:



  • Pros: Guarantees the same week each year, ideal for those with consistent vacation schedules.

  • Cons: Lack of flexibility, as the week cannot be changed easily.


Floating Week:



  • Pros: Allows owners to choose different weeks within a certain season, providing moderate flexibility.

  • Cons: Booking can be competitive, especially during high-demand seasons.


Understanding these distinctions helps buyers choose a timeshare model that fits their vacation planning style.

Popular Timeshare Destinations Worldwide


Some destinations are especially popular among timeshare owners due to the variety of activities, natural beauty, and resort amenities available. Here are a few:



  • Orlando, Florida: Known for its theme parks, Orlando is ideal for families and offers a high concentration of timeshare resorts.

  • Hawaii: With breathtaking beaches and cultural experiences, Hawaii is a top choice for travelers seeking luxury and relaxation.

  • Las Vegas, Nevada: Perfect for those who enjoy nightlife and entertainment, with resorts located on or near the Strip.

  • Cancun, Mexico: Known for its all-inclusive resorts and stunning beaches, Cancun offers tropical experiences with cultural excursions.

  • Lake Tahoe, California/Nevada: Ideal for outdoor enthusiasts, with opportunities for skiing, hiking, and lake activities.


Choosing a location that aligns with your interests ensures that your timeshare remains a valuable and enjoyable investment.



Resale Market: Buying Pre-Owned Timeshares


Buying a timeshare on the resale market is a cost-effective alternative to buying directly from a timeshare company. Here’s what to consider:



  • Lower Prices: Resale timeshares often sell at a fraction of the original price, as the original buyer has typically absorbed the upfront cost.

  • Reduced Maintenance Fees: Some resale timeshares come with lower annual fees, but it’s essential to check the terms.

  • Right of First Refusal: Many companies, including Hyatt and Marriott, have a right of first refusal on resale transactions, meaning they can buy back the timeshare before an external buyer.


Buying pre-owned timeshares can offer significant savings, though researching the specific timeshare’s policies is crucial to avoid any surprises.

Cancel Your Timeshare. Start with a Free Consultation!

Step 1 of 6

Financial Considerations: Costs and Maintenance Fees


Owning a timeshare involves both initial and ongoing costs. Here’s a breakdown:



  • Initial Purchase Cost: New timeshares can range from $10,000 to over $100,000, depending on the brand and location.

  • Annual Maintenance Fees: These fees cover upkeep and repairs, typically ranging from $500 to $2,000 annually, depending on the property.

  • Special Assessments: Occasionally, owners may be charged extra fees for significant repairs or improvements.

  • Exchange Fees: If you participate in an exchange program, there may be fees for swapping your timeshare week or points for stays at different resorts.


Being aware of these costs upfront helps potential buyers budget for long-term expenses.



Legal Aspects of Timeshare Purchases


Timeshare ownership involves legal considerations that every buyer should understand:



  • Contract Review: Before signing, it’s essential to understand the terms, including cancellation policies, transfer restrictions, and usage rights.

  • Right of Rescission: U.S. law mandates a rescission period (typically 3-10 days), allowing buyers to cancel without penalty.

  • Title and Ownership: Confirm whether the timeshare provides deeded ownership or if it’s simply a right-to-use agreement.

  • Timeshare Exit Options: If you choose to sell or exit the timeshare in the future, knowing the exit policies and potential costs is essential. This is where a service like Canceltimesharegeek can offer valuable support.


Understanding the legal aspects can protect buyers from unforeseen issues, ensuring a smooth ownership experience.



Picture of Karen Pena

Karen Pena

Karen Pena is an experienced and knowledgeable writer with over 10 years in the timeshare industry. She has a passion for helping people find relief from the burden of their timeshare contracts. Karen has experience in researching and exploring the latest trends in the timeshare industry to provide readers with the best advice possible. In her spare time, she enjoys spending time with her family, traveling, and reading.
Picture of Karen Pena

Karen Pena

Karen Pena is an experienced and knowledgeable writer with over 10 years in the timeshare industry. She has a passion for helping people find relief from the burden of their timeshare contracts. Karen has experience in researching and exploring the latest trends in the timeshare industry to provide readers with the best advice possible. In her spare time, she enjoys spending time with her family, traveling, and reading.