- Report: #376414
Report - Rebuttal - Arbitrate
Complaint Review: Shell Vacations Club
Shell Vacations ClubHawaii, Maine U.S.A.
Shell Vacations Club Rip Off Lets get together and let all people through the Internet about Shell Vacations SCAM!! THE INTERNET IS POWER Hawaii Maine
This is a group for all people that have purchased Shell Vacations Club Time Share and now feel sorry after finding out that it is a total rip off!!
Lets get together and spread the word about Shell Vacations Time Share.
Shell Vacations sales staff used questionable tactics and pressure tactics to try and sell an owner/time share. They talk of 5250 "points" as if they were dollars by subtracting the $679 management fee when in fact (their words) the points were convertible to $ at a 5 to 1 ratio that is 20 cents. Now my annual 5250 pts. $1050. Minus $679 management fee is worth $371 a year.
This for $23, 000 works out to 1.6%. If the value of the points stays at 20 cents and the maintenance does not rise. Who decides the value of the points? At 13 cents /point you earn 0%.
Put your money in a G.I.C. and go where you want when you want.
Do not buy shell vacations
Shell Vacations, Alabama
CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.
This report was posted on Ripoff Report on 09/26/2008 11:35 PM and is a permanent record located here: http://www.ripoffreport.com/r/Shell-Vacations-Club/Hawaii-Maine/Shell-Vacations-Club-Rip-Off-Lets-get-together-and-let-all-people-through-the-Internet-abo-376414. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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