Without a doubt, Australia and New Zealand are two of the prettiest countries on the entire planet. With endless sights to see and a million different things to do, it’s possible to go on vacations throughout these two places for a lifetime and never check everything off the list.
For thousands of members, Classic Holidays is how they travel throughout Australia and New Zealand. With a decades-long history and more than 40 resorts available to members, Classic Holidays has a prominent place in the travel industry in this part of the world.
If you are a Classic Holidays member and would like to get out for one reason or another, this page is here to help. Take a moment to better understand your options so you can decide what path forward is going to be best for your needs. I hope we are able to help!
You Might Be Able to Get Out Quickly
There is always one primary way that I recommend everyone try to get out of their timeshare, even if it will only work for a small percentage of owners. If you have just recently purchased your timeshare and you quickly started to have second thoughts, you might be able to get out using the cooling-off period. In Australia and New Zealand, this period is between seven and fourteen days, so this only applies if you have purchased in the last couple of weeks.
Should it happen that you are still within the cooling-off period, you’ll want to notify the seller right away that you want to cancel. This will typically need to be done in writing. Since you are protected by the law with your right to cancel your timeshare purchase in this way, there is nothing that the seller can do about it – if you want to cancel, and the cooling-off period is still active, they have to give you your money back and wipe out the contract as if it never happened. So, if this option is still available, you’ll never have an easier path to get out and move on.
Think About Trying to Sell
Assuming that the cooling-off period has come and gone for your timeshare purchase, the next thing to look into is the possibility of selling the timeshare to someone else. This is a great way to get out because it shifts all of the responsibilities of being a timeshare owner onto another party and you get to simply walk away when the deal is done. Given the popularity of Classic Holidays in both Australia and New Zealand, you may be able to find a willing buyer to take the contract off of your hands.
This is not going to be as easy as selling an actual home, however. You shouldn’t expect to get a positive return on the investment you made in the timeshare, and you might not be able to find a buyer at all. Rather than seeing this path as a sure way out of your timeshare, think of it as something to try while looking into other options, as well. The secondary market for timeshares is not strong, but it does exist – and it only takes one buyer to make a deal and get you out.
Before you start trying to sell your timeshare, write off any hope of getting all of your money back from the initial purchase. That simply isn’t going to happen, and you probably won’t even get a meaningful fraction of it back. At this point, that money is gone and it shouldn’t play a part in your decision-making. Instead, you just want to think about getting away from future maintenance fees and assessments so you can just move on with your life.
Contact Classic Holidays Directly
One option for getting out of a timeshare that I see missed by many owners is simply reaching out directly to the timeshare to ask about leaving. That might seem like something they would never agree to let you do, but you’d be surprised at how often this can work. There is a path for this solution to play out nicely for both sides of the deal, which is why it can come together on occasion.
The process usually works like this – the timeshare seller is being contacted by multiple owners who want to leave, or is dealing with a number of owners who aren’t keeping up with their timeshare maintenance fee payments. At the same time, they may have a limited number of deeds that they can sell to the property, meaning they can’t generate much additional cash flow from bringing in new members. So, the seller – Classic Holidays, in this case – may agree to take back deeds from owners so they can turn around and sell them to a new buyer.
If Classic Holidays is offering this kind of program when you reach out to ask, don’t miss out while it is available. You’ll rarely get a better chance to leave your timeshare without incurring any further damage, so it could be a costly mistake to miss the opportunity. Be sure to follow all of the directions they provide to effectively cancel your timeshare, and keep records of everything just in case some confusion comes up later and you need to prove that you did give back your ownership.
Secure the Help of an Exit Company
In some ways, timeshare exit companies are the last stop for timeshare owners who want to be done with the whole experience. Usually, if you get to this point, it’s only because other options have come up short and you are still an owner despite your best efforts.
Why is this the last option on the list for timeshare owners? Because it isn’t free, to put it simply. When you sell your timeshare, or when you give it back to the developer, you don’t have to spend any money to leave the timeshare life behind. With an exit company, of course, you are going to have to pay for the services of the exit company, and the cost could be a little bit intimidating at first. However, if nothing else is working and you are looking at the prospect of continuing to pay maintenance fees and assessments with no end in sight, investing in exit services might be your best financial bet.
When shopping for an exit company to help you with this matter, be sure that your chosen partner is going to always work with your best interests in mind – and that starts by putting money in escrow rather than giving it to them directly at the start of the project. Escrow helps to protect both parties and will give you a reasonable assurance that the exit company isn’t just going to walk away with your money without doing any work. Find an exit company that uses escrow and has some proven experience in the industry and you should be on the right path.
Frequently Asked Questions
Have another question in mind that I haven’t touched on above? It might be covered in the FAQs below, so please feel free to take a look.
Q: Why would I want to get out of a Classic Holidays timeshare?
A: There are plenty of reasons you may want to leave this timeshare experience, and none of them have anything to do with the experience of traveling in Australia or New Zealand. From rising costs to not having enough time to travel and beyond, there are plenty of motivations to get out of the timeshare lifestyle.
Q: How long does a Classic Holidays timeshare last?
A: There is no expiration date on your experience as a timeshare owner. For as long as the timeshare continues to operate, you will be an owner unless you take steps to get out. In other words, this isn’t an issue that is just going to go away on its own – you’ll need to be proactive to find a solution.
Q: Is it okay to keep a timeshare?
A: The timeshare experience is unique to each individual owner, and satisfaction with this type of travel varies wildly. If you are happy with the costs and travel experience you are having with Classic Holidays, by all means continue to enjoy being an owner. However, if you aren’t happy with where you are, know that options are available and you can work toward getting out.
We’d Love to Assist
I know that you may be frustrated with your current timeshare situation, but the only way forward is to jump into action and work on finding a solution. Call today at 833-416-8796 to get help directly or use the live chat feature here on our site for more information. Whatever path you choose, we look forward to helping you put an end to this chapter of your life so new and exciting opportunities can open up.