There is no single answer to the cost to get out of a timeshare. The cost depends on your resort, your contract type, whether you still owe a loan balance, and the route you take. Here is how to think about it.

What affects the cost to get out of a timeshare

• The resort or developer. Some are more flexible than others.
• Your contract. Deeded ownership, points programs and right to use contracts are handled differently.
• Any loan balance. An outstanding mortgage makes a case more complex.
• How long you have owned it. Years of accumulated fees and special assessments can change your options.

Your main routes and what each can cost

Resort surrender program. Sometimes low cost or free, but often limited to accounts that are paid off and current.

Resale. Many timeshares sell for little or nothing. Be careful of anyone charging large listing fees upfront.

Professional exit company. Fees vary widely, which is why you should get the full cost in writing before you commit.

Do not forget the cost of staying

Maintenance fees tend to rise every year. Over a decade or two, the total may exceed the one time cost of leaving, depending on your situation. Our free fee calculators estimate your long term maintenance costs and remaining mortgage payments.

Paying over time

If cost is what keeps you stuck, flexible payment plans are available through third party financing partners, subject to credit approval. Read about our 100% money back guarantee on accepted cases.

Questions that help you compare costs

When you compare routes, the lowest advertised price is not always the lowest total cost. A few questions help you compare fairly.

• What is the total cost, including any later fees, and when is each payment due?
• What does the cost cover, and what is not included?
• What happens to my payments if my case is not accepted or not completed?
• Are the terms, including any guarantee, in writing?

Cost of staying versus cost of leaving

It can help to put both numbers side by side. Add up what you expect to pay in maintenance fees, special assessments and loan payments over the next 5 to 10 years, then compare that figure with the cost of the route you are considering. For some owners the difference is large. For others, particularly those with low fees or a resort program available, staying or using a resort program may be the better choice.

Be careful of prices quoted before your contract is reviewed

Every contract is different. An honest estimate usually comes after someone has looked at your resort, contract type and loan balance. A quote given blind, or pressure to pay immediately, is a reason to slow down and ask more questions.

Key points to remember

• There is no single price, because the cost depends on your resort, contract and balance.
• Resort programs and resale can cost little, but they are not available or realistic for everyone.
• Always get the full cost and the terms in writing before you pay anything.
• Compare the cost of leaving with the cost of staying over several years.

Where to go from here

Start by collecting your contract, your last few maintenance fee statements and any loan information. With those in hand, you can ask better questions and compare your options more fairly. A reputable company will review your details and explain what it can and cannot do before asking you to commit.

Not sure where you stand? Take the 1 minute qualification quiz or call 833-308-EXIT for a free consultation. There is no cost or obligation.

This article is general information and is not legal or financial advice. Every timeshare contract is different.