For those that have not sat through Silverleaf, here is how it works. . .
I thought it would be a presentation. . .it's not.
1 on 1 with a rep in a large room with other small tables with people talking to a rep. Very loud, and maybe 50-75 people in room when I went. Starts off with casual conversation and a review of your vacation habits and estimates of how much you have spent in the past. They have sheets with side by side comparisons showing pros and cons of different vacation options. . .hotel, camping, time-share, vacation home, etc. Then they start to explain what they offer. 13 resorts that you purchase a deed on.
The deed is a deed to 1 week vacation per year to one of these resorts. Your week can be anytime and float and change at your descretion within different periods. For example, if you buy peak season, that is more expensive deed than off-season. They were selling on special the middle season. Price was around $15K that they finance over 3 years. Oh, and you pay a $64/mo maintenance/services fee on top of that. One of the other benefits is that you can trade your week to stay at any RCI resort for like $164 or something like that. You get 365 use of facilities at a Silverleaf resort, but you would have to camp there outside of your 1 week. They spend a whole bunch of time showing you how this is a great investment and how much you will save on vacations in the long run. Oh, and of course it is one of those today only deals. So, once you tell them no, then round two begins.
Manager has two properties that just came off lease. . .one has special incentive (forgot what it was). They are about 2-7K cheaper than the $15K special they had. BTW, the peak season were not on special and they ran around $25K. Say no again, you get round 3.
Round 3 is their sampler. I think for around $800 you can sample the resorts and stay a few days, etc.
With anything you picked, you had to pay a portion that day, and they would finance of course. During the course of the whole presentation, there would be interruptions while they announced their newest vacation owner and where they would be going on their first vacation. Most appeared to be taking the RCI vacation for $164 (remember they still pay $64/mo and paying on a $10-25K vacation week, but they lose that week for that year).