ABA Family Legal Guide

Contracts and Consumer Law

Special Consumer Protections

Time-Shares

Don't time-shares eventually break even?

Time-share sellers will often point out that notwithstanding these problems, once you pay off the time-share you will have "free" vacationing, so at some point you will break even with the cost of renting and eventually be in the black. But that break-even point, which takes into account all of your costs, including interest, may not come for ten to twenty years. Ask yourself whether you are prepared to vacation in the same place every year for the next decade so you can eventually save on your vacation expenses.