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Old 07-05-2010, 04:20 PM   #1
Rerun
Often Thinks About Pickles
 
Join Date: Jan 2007
Location: Okotoks
Exp:
Default RCI timeshare. Anybody have experience with this company or concept?

Went to Meadow Lake Golf Resort in Montana. Got the 90 minute speech about the benefits of RCI membership.

I can buy part of a condo in Meadow Lake (1/52 which is 1 week a year) which is valued at 45,000 points per year. If I don't want to stay at Meadow Lake I can go elsewhere (basically anywhere in the world) and use my points to stay somewhere else. I can accumulate points for up to three years to go somewhere expensive and for a few weeks.

Basically from what I understand, I would physically own part of a condo in Columbia Falls Montana but never would have to go there again if I didn't want to.... I could just use the point value of my condo ownership to go somewhere else.... apparently they also great last minute deal values... ie book someplace within 45 days of when you want to stay there and get it at a discounted rate... therefore your 1 week value in Meadow Lake now turns into 3 weeks in Mexico.. or someplace similar.

The costs are:

Cost of my condo for 1 week (1/52 of total condo value)
Yearly maintenance cost for said condo (1/52 of total maintenance cost).


So? Anybody on here already into this type of deal?
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