Why nobody ever wins the car at the mall (2018)
31–40 of 264 posts
Re: Why nobody ever wins the car at the mall (2018)
#32It's unbelievable that showing a car when it's not being awarded doesn't fall under any sort of false advertising law.
Re: Why nobody ever wins the car at the mall (2018)
#33How did timeshares become so deeply associated with slimy sales tactics?
Because the fundamental economics of time shares are a scam. They are pitched as "ownership" but what they really are are perpetual rental contracts with no way out. (The rent is called "maintenance fees" but it doesn't matter what label you attach to it. It's a sum of money that you are obligated to pay year after year after year. If it quacks like rent...) And you even have to pay a hefty sum up front for the privi…
Re: Why nobody ever wins the car at the mall (2018)
#34> Her “dad” (our writer, Conor) gives it one last try. Patrick tells Conor that in order to win the car, he has to go to a local Great Destinations office and attend a 90-minute timeshare presentation.
This is the only part I still don't understand after reading the article. Why do they limit this to people at least 28? Is this just a way of filtering out people unlikely to have enough money to scam into spending on a timeshare, or are they avoiding some esoteric regulation that somehow blocks them from marketing to younger people?
Re: Why nobody ever wins the car at the mall (2018)
#35Earlier quoted context omitted.
Because the fundamental economics of time shares are a scam. They are pitched as "ownership" but what they really are are perpetual rental contracts with no way out. (The rent is called "maintenance fees" but it doesn't matter what label you attach to it. It's a sum of money that you are obligated to pay year after year after year. If it quacks like rent...) And you even have to pay a hefty sum up front for the privi…
Most of what you've described can also be applied to condominiums. The only difference is that you can occupy them year round, but I don't think that's a relevant difference. Are the "fundamental economics" of those also "a scam"?
Re: Why nobody ever wins the car at the mall (2018)
#36It's unbelievable that showing a car when it's not being awarded doesn't fall under any sort of false advertising law.
Yeah, like those ads with "I am a doctor and I recommend ...", where the speaker is just an actor.
Re: Why nobody ever wins the car at the mall (2018)
#37Yeah that fact is worse than there being no car.
Re: Why nobody ever wins the car at the mall (2018)
#38Timeshares are implicated in so many unethical scams and schemes that at this point I think we should just outlaw them entirely.
Re: Why nobody ever wins the car at the mall (2018)
#39Earlier quoted context omitted.
Because the fundamental economics of time shares are a scam. They are pitched as "ownership" but what they really are are perpetual rental contracts with no way out. (The rent is called "maintenance fees" but it doesn't matter what label you attach to it. It's a sum of money that you are obligated to pay year after year after year. If it quacks like rent...) And you even have to pay a hefty sum up front for the privi…
Most of what you've described can also be applied to condominiums. The only difference is that you can occupy them year round, but I don't think that's a relevant difference. Are the "fundamental economics" of those also "a scam"?
Depending on specifics you even get partial ownership of the whole building and a seat on its management board. At least that’s how it works for my mom, they run the building like a co-op and there is no other owner than the people who own the apartments inside.
edit: a timeshare in comparison is kinda like buying an NFT of an apartment. It gives you the right (obligation) to use the place for a period of time every year
Re: Why nobody ever wins the car at the mall (2018)
#40> Patrick collects a rolodex of her (fake) data — full name, age, marital status — then tells her she has to be at least 28 to enter the drawing. “Tell your parent to call me,” he says, and hangs up. > Her “dad” (our writer, Conor) gives it one last try. Patrick tells Conor that in order to win the car, he has to go to a local Great Destinations office and attend a 90-minute timeshare presentation. This is the only p…