What is the best way for a prospective purchaser to get a good deal on a timeshare?

Purchasing a timeshare from an existing owner is often considered the best way for a prospective buyer to secure a favorable deal. Existing owners looking to sell their timeshares may do so at a lower price than what the developer initially offered. This can result in substantial savings for the buyer, especially if the timeshare is no longer wanted by the current owner, who may be motivated to sell quickly.

Additionally, buying from an existing owner can provide insights into the actual experiences associated with the timeshare, including the quality of the resort, maintenance fees, and the overall satisfaction level. This firsthand information can be invaluable in making an informed decision.

Purchasing directly from the developer might involve paying the full retail price or higher as the developer typically sets prices to maximize profit margins. Storing the timeshare until ready to use isn’t a viable purchasing strategy, as it doesn’t affect the price or quality of the deal. Renting before buying can help gauge interest, but it doesn’t necessarily lead to a better financial deal than purchasing from an existing owner, who is often more flexible on price.