Pismo Coast Village timeshare

They are expensive

As of March 2013 there were shares available at $29,000 and $35,000. Share Price. Scroll to last page. For that you get 45 days of free camping. No other costs like HOA etc. Seems like you would need to camp there for 12 to 15 years to break even.

Sam,

I have had one share for 10+ years and purchased a second last year. The part that most people overlook is that you are NOT purchasing a time-share. You will own one of approx. 1,500 shares of a public company and you can resell shares for what I believe is a $100 fee. If you like Pismo and a camping, as opposed to a permanent experience, you will not find anything with as good of a location or kept up better.

Jerry

i am glad you like spending $30K. just rent a spot.

Do you really want to camp at the same place and at the same time - agian, and again and again, and again...

All time shares are a terrible financial deal for the buyer. You will never get your money back out of it, it will cost you $$ every year whether you use it or not.

Most time share owners regret ever making the purchase. If you buy, do yourself a favor and look at the resell market, you can buy for pennies on the dollar.

beemerphile1 wrote:
All time shares are a terrible financial deal for the buyer. You will never get your money back out of it, it will cost you $$ every year whether you use it or not.

Most time share owners regret ever making the purchase. If you buy, do yourself a favor and look at the resell market, you can buy for pennies on the dollar.

x2

Ed and Others,

I have a place on a California beach to stay without annual fees or assessments and if I chose to sell today (yes a market exists with demand) I would I would recognize a $23K profit. PCV is a public company that owns, beach property, storage property, RV shop. This is NOT a time share investment.

Jerry

goducks10 wrote:

beemerphile1 wrote:
All time shares are a terrible financial deal for the buyer. You will never get your money back out of it, it will cost you $$ every year whether you use it or not.

Most time share owners regret ever making the purchase. If you buy, do yourself a favor and look at the resell market, you can buy for pennies on the dollar.

x2

Doesn't look like you read all the posts. This is not a "timeshare", instead you are purchasing a share of the development just like you purchase shares of Home Depot, Lowes, etc

The reasons I bought a share at PCV is free camping for a minimum of 45 days annually or up to 70 days if you trade prime time days for non prime time. It's a great park. Management and staff are great. You can walk to the beach, downtown, and pier. I can will it to my son when I leave this earth and he in turn can hand it down. It continues to grow in value. If I decided to sell it I could get considerably more than what I paid for it. When I got mine there was a waiting list. Yes, we do only camp at PCV, but that's our choice. There is no law that says we can't enjoy other campgrounds if we choose to.

RT