Advice on Time Share Membership

Inviting Striptease & Bite of Scorpio ie Mahindra  

By: colambus | Dec 05, 2006 05:40 PM

Read 1068 times
Rated by 7 members



Pros:
Marketing Staff
Cons:
Conmahindra


Clubmahindra hide more than they reveal. The result is that you pay three times the amount they preach. Their ads are sleek and inviting. Their soft approach is dangerous as they lure you to become their
bread winner, with vice like grip, sucking you for 25 years. Sooner you understand their game better it is. You have no choice after yo have paid your first installment.
To the beginner and enthusiastic youngster, keen on time share as a concept clubmahindra may look a good choice. But it is not.
Clubmahindra holidays are neither inflation free, nor friendly, nor flexible. They are friendly till you have paid the first cheque. They donot follow any rule of the game. They quote the rule book to suck you instea of taking you in confidence in advance.
Cost of their holidays is exorbitant if one accounts for all the payments made to them. The catch is in annual subscription fee or ASF as they call. ASF is supposed to follow the price indexwhich has been increasing at 5 to 9% eachyear. Therfore, if you pay 1.5 Lac for the holidays for five years, your additional payment for the ASF will be 2 to 4 lacs, depending on rate of increae in price index.
Clubmahindra’s staff hides this fact cleverly.
If you want to cancell your membership after paying the first cheque, they will make you run from piller to post. They will waste your time so that your request for cancellation is logged after recession period and then they quote you their rules not to refund your payment.



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