That’s what we do every year in our Cabo San Lucas timeshare. We had visited Cabo many times over the years and then found a timeshare resort that we love. We purchased a timeshare resale unit from Holiday Group for approximately 90% less than what they were selling for at the resort itself. Saving so much money has allowed us to afford all of the fun activities that Cabo has to offer. 
Sometimes we go alone, and sometimes we bring friends or relatives with us. We’ve parasailed, gone horseback riding, ridden ATVs, rented jet skis, zipped down lines on a canopy tour, swam with the dolphins and eaten at some really fabulous restaurants. Our favorite activity, though, is deep sea fishing, and it has led us to meet many other ‘regulars’ who also own timeshares in Cabo and, like us, consider it their home away from home. Having friends and ‘neighbors’ to meet with during vacation makes our vacation time even more enjoyable.
Some people like to exchange them and go somewhere different every year, and then there are those of us who love fixed weeks and return to the same resort every year. That’s the great thing about timeshares – there is something for everyone. The Walkers Bay Area, CA 
http://www.holidaygroup.com/cabotimeshares.php
http://www.holidaygroup.com/timeshare_basics/types.php#fixed
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