trading24
Have money to
Make more money

beware of Velas Vallarta timeshare scam - Puerto Vallarta Forum

2 posts Save Topic

beware of Velas Vallarta timeshare scam

Mar 07, 2007, 7:16 PM

Was royally scammed and lied to by sales manager Jeff Moore. Now need names and address of Velas brothers and corporate officers of Velas Vallarta badly. Want out of our contract as it does not benefit us at all especailly the the new mandatory "all inclusive" food program for more than $100 per day even though units have full kitchens.

LevelContributor

377 posts 14 reviews Save Reply

1. Re: beware of Velas Vallarta timeshare scam

Mar 07, 2007, 8:16 PM

Check out the Tug board (Timeshare User's Group) WWW.Tug2.net

You will find information on how to rescind. Time is of the essence. You have a legal timelimit to get out ot the contract. Don't Delay. Do a search on the Tug Board. I believe the Mexican agency is Profeco who will help.

LevelContributor

917 posts 1 review Save Reply

2. Re: beware of Velas Vallarta timeshare scam

Mar 07, 2007, 10:02 PM

also check out www dot mexicantimesharefraud dot com

good luck

What's this?

LevelContributor

5,168 posts 140 reviews Save Reply

3. Re: beware of Velas Vallarta timeshare scam

Mar 07, 2007, 11:35 PM

The all-inclusive plan is optional for timeshare owners - I own 3 timeshares at Velas, however, people coming in that don't own or through RCI trade do have to do the all-inclusive plan. Unless something changed this week, my last timeshare I purchased was just a week ago.

Sorry that you are having bad luck with your purchase - Velas is a wonderful place. Hope all works out for you in the end!

2 posts 1 review Save Reply

4. Re: beware of Velas Vallarta timeshare scam

Mar 09, 2007, 10:31 PM

Velas Vallarta is definitely a SCAM! Each sales person tells you a different story! They can't even keep their information straight. The biggest lie is that you can rent your weeks and make back some of your investment. That is just a lie to make the time-share more inviting. DON"T BELIEVE IT!! It doesn't happen! Trying to sell back your time-share is not easy. I've was told by Mr Roberto Garcia that I would have paper work in a matter of days.....it has been weeks and nothing!

Good luck getting out of it!! Let me know what works!!

LevelContributor

7,295 posts 10 reviews Save Reply

5. Re: beware of Velas Vallarta timeshare scam

Mar 10, 2007, 3:31 AM

Most timeshare resorts have a rental program in which owners can deposit their time/unit as an available rental. There is no guarantee that someone will want to rent that unit, that size, at that specific time. There has to be a demand to meet the supply. You can't blame the resort because it did not rent for that particular time frame. It is not intended to be a money making investment property for you, it is intended to give you the opportunity to vacation at that resort or to exchange it for another location you want to vacation at. If you want an investment property you need to buy a property you can have available for rental at anytime not a specific week or time frame.

LevelContributor

43 posts 14 reviews Save Reply

6. Re: beware of Velas Vallarta

timeshare scam

Mar 02, 2009, 3:57 PM

I just got back from my second trip to Puerto Vallarta and we were silly enough to go to a "90 minute sales presentation" at this place which took over 4 hours!!!!! I agree it's a nice resort to look at and you can trade your timeshare and stay elsewhere in the RCI, but the sales tactics are horrible!!!!!! We were told that Velas Vallarta does NOT operate like a hotel - it's a "members club" that only is accessible by members or if you are renting from a member! That's a blatant lie. It's all over the place on travel websites as a regular hotel that happens to have timeshares in it like most in PV. I know that there are people out there that genuinely enjoy their timeshares and the people who sell them have to make a living somehow, but the sales pressure and tactics are brutal. If you want a timeshare, do your research beforehand! Don't fall for any old timeshare offered to you by the 1000's of timeshare sharks in PV. Or you can plunk down 20% downpayment with a respected realtor who will handle your rental for you. I thought it was kinda funny when me and my best friend walked down the street and the timeshare sharks were all calling us and trying to get us to stop. They actually sounded like we hurt their feelings when we just kept walking. All part of the act. LOL No commision here, buddy.

LevelContributor

339 posts 3 reviews Save Reply

7. Re: beware of Velas Vallarta timeshare scam

Mar 02, 2009, 5:24 PM

I don't get the whole timeshare pitch anyway. It seems like some people go to these presentation and jump in eyes wide shut. They do more research online when they are buying an ipod then they do with timeshare. If you HAVE to sign now to get the deal without giving you time to do your research, theats it's a definate "No gracias". I work way too hard for my money.

LevelContributor

25,576 posts Save Reply

8. Re: beware of Velas Vallarta timeshare scam

Mar 02, 2009, 5:29 PM

I'm with you farmer...the sales "tactics" at this resort for timeshare are no different than any others. People usually spend more time researching shoe purchases then they do plunking down cash on these things.

Timeshare sales people aren't stupid - you're lured in by the "promise" of something for nothing, and they use the sun/sand/vacation mode you're in to play on the weakness. Do your homework. Aint no such thing as a free lunch. Not in life, and certainly not in timeshares.

And if you're really, seriously, honestly interested in buying a timeshare - hit the resale market. You'll see exactly how much your "timeshare" is REALLY worth.

LevelContributor

1,313 posts 11 reviews Save Reply

9. Re: beware of Velas Vallarta timeshare scam

Mar 02, 2009, 5:54 PM

Sorry about your experience. I've heard they've made it mandatory even for owners to go all inclusive if purchased after a certain date. I'm not sure of the date since we bought about 5 yrs ago on the resale market. Have never gone thru the timeshare presentation & don't ever plan on it. We do love Velas tho. Good Luck with getting this straightened out.

LevelContributor

547 posts 5 reviews Save Reply

10. Re: beware of Velas Vallarta timeshare scam

Mar 02, 2009, 7:44 PM

AI is not mandatory for owners. Not 11 years ago when I bought there and not now. AI is mandatory through RCI. I do believe that you can still go to the Hotel part on European plan.


Category: Options

Similar articles: