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Timeshare Exit Solutions
Below are your options for exiting a timeshare contract:
- Sell your timeshare: If you are able to find a buyer for your timeshare, you can resell it and recoup some of the money you paid for it. However in most cases you are unlikely to get back anything like what you paid for it.
- Renting your timeshare: You can rent out your timeshare to other people when you're not using it, in order to offset the cost of ownership. This can be done using websites such as AirBnB and booking.com
- Donating: You can donate your timeshare to a charity, which may be able to sell it and use the proceeds for their programs. However there may be a cost in transferring the ownership.
- Use a specialist timeshare exit company: Timeshare Release and our parent company European Consumer Claims (ECC) specialise in helping people cancel their timeshares.
- Negotiate with the resort: Some resorts may be willing to work with you to exit the contract, especially if you are unable to use the timeshare. However this is very unlikely to be successful as timeshare resorts are unwilling to cancel timeshare contracts.
It's important to note that the rules and regulations vary from state to state, and from country to country, so it's a good idea to consult a lawyer or an attorney who specializes in timeshare law. Also, be careful of companies or individuals who offer to buy your timeshare or offer to help you exit it, they may not be legitimate and can scam you out of money.
Contact Timeshare Release today and find out if you are eligible for a timeshare compensation claim.
About Timeshare Release
During the Timeshare sales boom of the 80s & 90s, potential buyers were lured in by the promise of affordable exotic holidays, flexible exchange programmes and the impression that Timeshare would be a valuable "investment".
In an industry with little or no regulation, high pressure sales tactics were rife and contract smallprint was often glossed over and explained away by sharp salespeople.
Many Timeshare buyers were therefore unaware that they were actually making significant, long term financial commitments on behalf of themselves and their families.
To find out how you can escape the Timeshare Trap please complete the short Timeshare Release Wizard now.
The Timeshare Trap
For many Timeshare owners, annual maintenance fees were barely considered token amounts in the early "honeymoon period" of ownership.
However, year-on-year increases imposed by the resorts over time now mean that the maintenance fees have risen to become substantial sums.
Owners are also facing the prospect of ongoing yearly fee increases and realising that they (and their families) are often committed to long term contracts for generations to come.
Please try our Future Fees Calculator to estimate your liabilities over the term of your Timeshare contract, based on an annual increase of 7.5%.
If you're concerned about rising fees and how to escape the Timeshare Trap, please contact us today.
Timeshare Owner Reports
Recent comments from RCI Timeshare owners who have come to us for help with contract cancellation:
Mr Steve R, Middlesex - RCI/Hollywood Mirage
“We 'swapped ‘another place in Tenerife for this in order to move to the points system. Since then, getting exchanges to desirable resorts proves almost impossible, irrespective of in-season or off-season.”
Mrs Rachael B, Yorkshire - RCI Europe
“I purchased my timeshare in 1999 and have been a timeshare member ever since. More often than not, I have not be able to go where I wanted and have ended up giving a few weeks to Friends, etc to book somewhere they wanted in order not to lose the weeks. I have then stayed in a hotel!! I am desperately trying to get rid of the timeshare and am now paying Timeshare Shop in Manchester to get rid of it for me.”