Upcomming announcement speculation thread

[pinnocchiosdad]

There has already been some buzz from guides about an announcement in the next 7-10 days. I am posting this thread for any comments that anyone has heard from their guide. so lets hear it, any news:confused3???????????

[YourEveryDayAdam]

Aulani Point Charts and prices...$150 per point and 30 points per night...for a studio...parking lot view...sun-thurs...in the value season. :rolleyes:

[disneynutz]

They will raise the prices then offer a Friends and Family discount. :goodvibes

:) Bill

[Mickey'sApprentice]

Aulani Point Charts and prices...$150 per point and 30 points per night...for a studio...parking lot view...sun-thurs...in the value season. :rolleyes:

That's a bit more than OKW, 8 pts. for a studio, sun-thurs, value season at $50 per point.

I'm just saying.

[drusba]

Don't know what it is but if it comes from Jim Lewis and starts with, "In response to our members' input, and in order to enhance the member experience ...," reach down for your wallet to make sure it is still there.

[corpcomp]

We are probably getting close to ticket price increase time. Will probably go to about $83 for an adult for 1 park.

[margitmouse]

I think they are going to try to STIMULATE the economy by significantly dropping prices for a specific timeframe........





:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:

[ACDSNY]

I think they are going to try to STIMULATE the economy by significantly dropping prices for a specific timeframe........





:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:


:lmao::lmao::lmao:Oh yeah, that will happen!!! :lmao::lmao::lmao:

[Anjelica]

No more free Valet parking ....:lmao:

Oh wait there was never really an official announcement regarding that.

[mikeandkarla]

maybe online booking????

[pinnocchiosdad]

We are probably getting close to ticket price increase time. Will probably go to about $83 for an adult for 1 park.

But this would have nothing to do with DVC.

[pinnocchiosdad]

maybe online booking????

Thats already been announced. that wouldn't be cause for guides to tell members to hold off on returning their contracts.

[pinnocchiosdad]

What we know so far:

1 Their was a meeting for guides last week, they were not allowed to tell members what the meeting was about.

2 certain members have been told by guides to "wait" a week to ten days before purchasing.

3 Some new members who just purchased were told not to return their contracts, and to hold them until a new announcement is made.

4 Reports from guides about a price increase.

5 Posts of AKV prices being lowered.

6 Reports that BLT will be sold out in APRIL (my guide told me this also).

Of course this is the rumor mill running wild, but I like to think at least some of this is true. I tend to think it will be a pricing announcment and not a new resort. Then again at this time there is nothing new under construction in Florida.

[dianeschlicht]

Well as far as guides go, I only believe about 25% of what I hear. If I was to speculate though, I'd say there might be a new incentive for exsiting members, and if that's true, maybe an overall price increase once the incentive is gone.

[Crystal_27]

I'll bite. I'm submitting 2 guesses...'cause I can. :rotfl:

1. BLT price increase to $130/point with $5/point incentive

2. BLT price at $120 with a cruise incentive depending on how many points you buy *or* instead of a cruise, DVC will offer a $8/point incentive.

Either way, I hope that everyone who is in the process of buying right now sees a discount not an increase. :goodvibes

[nunzia]

Don't know what it is but if it comes from Jim Lewis and starts with, "In response to our members' input, and in order to enhance the member experience ...," reach down for your wallet to make sure it is still there.

:rotfl::rotfl::rotfl:
..so true...

[nunzia]

..how come ther is never any speculation that includes VGC? Ok..so..to sell the place out they will lower the price for add ons and give extra developer points...and front row seating for WOC...and one year AP...or any combination thereof...I'd bite....

[ssawka]

I think their going to double the price and offer a 50% off discount. :laughing:

[backyardponder]

Is anybody at WDW now? Please ask a bus driver.

[laughinplace199]

Is anybody at WDW now? Please ask a bus driver.

:rotfl::rotfl2::laughing:

Thanks for the laugh. I almost spit my tea onto the keyboard! :surfweb:

[Starr W.]

Is anybody at WDW now? Please ask a bus driver.

I find more reliable info from the boat captains myself. ;):rotfl2:

[pinnocchiosdad]

I find more reliable info from the boat captains myself. ;):rotfl2:

Chip and Dale usualy spill the beans for a few peanuts!!!

[Shadeaux]

Don't know what it is but if it comes from Jim Lewis and starts with, "In response to our members' input, and in order to enhance the member experience ...," reach down for your wallet to make sure it is still there.

Unfortunately, you're probably right.

[Duckfan-in-Chicago]

My guess is a new billboard at WDW. It's been a while since they unwrapped the last one.

[SevenSeasLagoon5]

What we know so far:

6 Reports that BLT will be sold out in APRIL (my guide told me this also).




I am really surprised to hear this, and even more surprised I haven't heard from our guide. :confused3

[TSMIII]

Could be the big news relates to Aulani.

I see they've got the the license for selling it filed with the State of Florida...

KO OLINA DISNEY VACATION CLUB RESORT (https://www.myfloridalicense.com/licenseRelation.asp?SID=&licid=4148124)

And interestingly, the villas are referred to as the "ALI' I NUI VILLAS"...maybe different names for different buildings at Aulani, with the hotel side called something else?:confused3

[wildernessDad]

I'm guessin' some kind of Aulani announcement too.

[JudithM]

Don't know what it is but if it comes from Jim Lewis and starts with, "In response to our members' input, and in order to enhance the member experience ...," reach down for your wallet to make sure it is still there.

I agree ... holding onto my wallet ...

[WDWMom]

I doubt it's a price increase if they are telling people not to mail in their contracts, unless a huge incentive is coming along with it.

[La2kw]

Don't know what it is but if it comes from Jim Lewis and starts with, "In response to our members' input, and in order to enhance the member experience ...," reach down for your wallet to make sure it is still there.

:rotfl: Aint that the truth!

[dis-happy]

I'm throwing out my guess: the new double AP (the one good for WDW and DL) comes with a minimum purchase of new points

[TLPL]

It can't be about the price increase, if they are, they would have telling people to complete their contracts ASAp, and would annouce it to all of us to hurry add-in before the new price. I guess must be a new big promotion.

[jmchone0830]

So what would you do if you are in the process of purchasing? I wasn't told anything from my guide. I have my paperwork now and was going to submit it on Monday. We're buying 360 AKV points. Would you go ahead and send it in? :confused3

[sissy_42]

I hope it's not some great incentive. I just signed on Wednesday!

[Grumpygrandpa]

So what would you do if you are in the process of purchasing? I wasn't told anything from my guide. I have my paperwork now and was going to submit it on Monday. We're buying 360 AKV points. Would you go ahead and send it in? :confused3

Nope. I would hold off and see what the new deal is.

[mouseclick1]

Could it be the new pool area at SSR, or is that old news? I haven't been keeping up with DVC announcements, but saw an article in the DisneyFiles magazine I received today that said they were building a new pool and and a quick service dining in the Paddock area. Maybe this is old new and I have just been out of the loop!

[wdrl]

. . . Reports that BLT will be sold out in APRIL (my guide told me this also).



Based on recorded deeds at OCC, BLT has only sold about 49.5% of its estimated 5.73 million points. BLT might sell out by April, but it will be April 2011, not 2010. Right now, BLT has about 770,000 points that have been declared but not yet sold. In my opinion, we'll be lucky to see another BLT declaration by April 2010.

[tjkraz]

What we know so far:

1 Their was a meeting for guides last week, they were not allowed to tell members what the meeting was about.

2 certain members have been told by guides to "wait" a week to ten days before purchasing.

3 Some new members who just purchased were told not to return their contracts, and to hold them until a new announcement is made.

4 Reports from guides about a price increase.

5 Posts of AKV prices being lowered.

6 Reports that BLT will be sold out in APRIL (my guide told me this also).

Of course this is the rumor mill running wild, but I like to think at least some of this is true. I tend to think it will be a pricing announcment and not a new resort. Then again at this time there is nothing new under construction in Florida.

Guides are normally not told about price increases or incentives in advance for the very reasons cited above--DVC doesn't want them telling people to "wait a few days for the better deal."

I think the pricing information is purely speculation on their part. DVC doesn't need to hold a special meeting (assuming what happened last week was anything out of the ordinary) just to circulate new rates and discounts. Those go out via email.

Not saying that prices WON'T go up or that incentives WON'T change, but those aren't exactly earth-shattering developments.

If there is something big cooking, it probably relates to Aulani.

Could also be some info coming out related to the US parks Annual Pass. Guides wouldn't have a need to be involved in that from an operational standpoint, but if DVC was able to negotiate a nice discount or if they are going to offer an incentive related to the US AP, they should have some working knowledge.

[Goofy DVC]

I'm guessing some new benefits since we just lost a few like valet parking and "upgrades" to the member web site.In other words nothing major. I hope I'm wrong.

[arthur06]

DVC is lowering the interest rate on DVC loans? I would guess that interest rates will be somethink like 7.75 for preferred and 10.75 for standard

[dis-happy]

So what would you do if you are in the process of purchasing? I wasn't told anything from my guide. I have my paperwork now and was going to submit it on Monday. We're buying 360 AKV points. Would you go ahead and send it in? :confused3


You have that 360 pts. divided into smaller contracts, right? Just checking...;)

And Welcome Home! Soon.

[jmchone0830]

You have that 360 pts. divided into smaller contracts, right? Just checking...;)

And Welcome Home! Soon.

I do! I've gotten lots of advice from the wonderful folks on these boards that I told him I wanted (3) 120 pt contracts. Hope those are small enough but have three kids so will pass them on to them in the future.

Thanks for the Welcome Home! I just love :love: hearing that!!

[88golf88]

I am one of those that was told by my guide to hold onto my contract. We bought into BLT and he said that waiting wouldnt hurt... I have spoken with him several times over the past few weeks and there was definitely a different tone in his voice, he really seemed to be saying alot without trying to say anything...

All fingers and toes crossed for some type of incentive at BLT or the annual pass for both DL and WDW, we are hitting both withing a 12 month span, that would be great.

Just my guess, but I highly doubt they were simply told about the new DVC property because my guide wouldnt have told me to hold onto my BLT contract. Again, I could be completely wrong, it has happened a few times before (just ask my wife!!)

[jmchone0830]

I am one of those that was told by my guide to hold onto my contract. We bought into BLT and he said that waiting wouldnt hurt...

Perhaps then it just pertains to BLT property and not AKV. Maybe they are lowering the price for BLT???

[corpcomp]

Wish they could give us owners some deals on purchasing more points at our resorts. BCV is selling for $106 a point through DVC and $80-89 per points through resale. I was told by my guide they don't reduce the price cause they don't make as much money on resales.

[88golf88]

Perhaps then it just pertains to BLT property and not AKV. Maybe they are lowering the price for BLT???
I forgot to mention that my guide told me that he has heard rumors that AKV was going to be getting better incentives... So, obviously the guides are being told about upcoming incentives, whether or not this has happened in the past, it seems to be happening now.

Sorry for leaving this out before...

[Be1021]

could the announcement have something to do with online booking that has been rumored?

[tjkraz]

Just my guess, but I highly doubt they were simply told about the new DVC property because my guide wouldnt have told me to hold onto my BLT contract.

In recent months/years there have been many times when Guides will simply make that recommendation from a better safe than sorry angle. As in "I don't know what incentives will be offered next week but just in case it's better than what you have now, wait a few days before returning the paperwork."

Typically they really are not told what will happen in advance. And when they are given information in advance, SOMEONE usually spills the beans. The fact that it hasn't happened so far adds to my own skepticism.

This time could be different. Time will tell.

Incentives really aren't that good now so it really wouldn't surprise me if better offers materialized. But incentives typically aren't communicated via staff meeting. I don't personally consider new incentives or price increases to be "big announcements."

[dzorn]

So what would you do if you are in the process of purchasing? I wasn't told anything from my guide. I have my paperwork now and was going to submit it on Monday. We're buying 360 AKV points. Would you go ahead and send it in? :confused3

The only regret with our purchase was not breaking ours up into more than one contract. If you ever need to sell smaller contracts will be easier. Multiple contracts would have also be easier to pass down to our children.

My guess is extending the other resorts like they did with OKW.

Denise in MI

[88golf88]

In recent months/years there have been many times when Guides will simply make that recommendation from a better safe than sorry angle. As in "I don't know what incentives will be offered next week but just in case it's better than what you have now, wait a few days before returning the paperwork."

Typically they really are not told what will happen in advance. And when they are given information in advance, SOMEONE usually spills the beans. The fact that it hasn't happened so far adds to my own skepticism.

This time could be different. Time will tell.

Incentives really aren't that good now so it really wouldn't surprise me if better offers materialized. But incentives typically aren't communicated via staff meeting. I don't personally consider new incentives or price increases to be "big announcements."
I see your point, we will just have to be patient and wait until next week...

[dizfan]

My guess is that they give a free cruise to purchases of 160 or more points. This was very popular last year around this time.

If they want to really have the guides and buyers drooling, make it a free cruise on the Disney Dream. This would fit into Disney's recent cross-marketing trend.

[jstarcze]

Ok just for fun and since we're all speculating let's bring up one of the things DVCRs' would love to have however unlikely. Automatic use of the fastpass line for all members of DVC. :cool1:

[franandaj]

I don't have any idea, but I'm signing on since I assume y'all will post it here when the announcement it made!

[tinkerbell 766]

Ok just for fun and since we're all speculating let's bring up one of the things DVCRs' would love to have however unlikely. Automatic use of the fastpass line for all members of DVC. :cool1:

Oh now that would be wonderful!!! But would it be a reason for guides to tell people to hold off on submitting their contracts :confused3. I think with guides handing out advice about holding fire on sending pending contracts in, it must be some purchase incentive.

[pinnocchiosdad]

Just realized that while I am the OP I never chimed in with my 2 cents. Here they are. Remember this is just speculation.

Hawaii announced at $130 per point with a $10 off incentive. BLT price raised to $130 with a $10 incentive, $15 for addons. I see another WEBCAST next month that will get you another $5 off of each of the above. To sweeten the BLT deal they will continue to throw in 2009 points. I will not take a guess an what will happen with AKV, I have 2 contracts for sale and I would hate to see the price reduced. I will also guess that this all will be announced MON 3/8.

[jmchone0830]

I forgot to mention that my guide told me that he has heard rumors that AKV was going to be getting better incentives... So, obviously the guides are being told about upcoming incentives, whether or not this has happened in the past, it seems to be happening now.

Sorry for leaving this out before...

Okay, I'm going to wait to send my paperwork back then. We've waited several years, what's a few more days going to hurt. I'd rather wait now to find out then kick myself later. Thanks for mentioning this!

[88golf88]

Okay, I'm going to wait to send my paperwork back then. We've waited several years, what's a few more days going to hurt. I'd rather wait now to find out then kick myself later. Thanks for mentioning this!
You should still have your membership number and can still make ressies, as long as you are within your 11 months of your next vacation. It just makes sense to wait and see what they are coming out with and if nothing changes, then we are unaffected and can send back our contracts under our previous agreements.

Keep those fingers crossed!!!

[nunzia]

Just realized that while I am the OP I never chimed in with my 2 cents. Here they are. Remember this is just speculation.

Hawaii announced at $130 per point with a $10 off incentive. BLT price raised to $130 with a $10 incentive, $15 for addons. I see another WEBCAST next month that will get you another $5 off of each of the above. To sweeten the BLT deal they will continue to throw in 2009 points. I will not take a guess an what will happen with AKV, I have 2 contracts for sale and I would hate to see the price reduced. I will also guess that this all will be announced MON 3/8.

...again...what about VGC???

[Native NYer]

We are new DVC members and are considering adding on in the future. However, if there's a fantastic deal, we'd add on now.
Are the incentives open for DVC members as long as they purchase the minimum amount of points for the incentive?

[88golf88]

We are new DVC members and are considering adding on in the future. However, if there's a fantastic deal, we'd add on now.
Are the incentives open for DVC members as long as they purchase the minimum amount of points for the incentive?
They havent released anything yet, make sure you stay tuned over the next week or so.

[Native NYer]

They havent released anything yet, make sure you stay tuned over the next week or so.

I'm definitely going to. What have the incentives been in the past?

[lisah0711]

...again...what about VGC???

VGC is like the red-headed stepchild of DVC IMHO, unless it is the WDW/DL pass, it probably won't have anything to do with VGC. I don't mind, makes it easier to get those requests for a WOC view fulfilled! ;)

[RickinPA]

A bit off topic, but we could never figure out why our guide never called us to let us know about incentives.

For those of you who have had the same experience, you may want to contact your guide. As it turns I signed up for the national no call list. If your on this list, your guide can not call you with offers.

We had to give permission for our guide to call us. So if your not getting phone calls about incentives, this may be why.

[CrazyDuck]

Subscribing..... But while I'm at it let me add my wishes.
- auto use of fastpass lines (great idea)
- online booking (crazy that it is not already available)
- 2 point charts for VGC (pool view vs park view)
- Aulani at $100 plus a realistic point schedule.
- minimum stays (7 days at wdw 4 days at dlr)
- $250 change fees (to aleviate the walking problem)

ok that's all!

[wendypooh]

We are new owners as well - IF it's an awesome deal esp. at AKV (our home resort) - we'll DEF. add on!!! :thumbsup2

If I were DREAMING - (forget a cruise) I'd LOVE a trip to Aulani !!! :thumbsup2

[tink_n_pooh]

Any news on when the big announcement will actually be made?

[disneygrandma]

Crazyduck, while I agree with some of your wishes, I very much disagree with your last 2. For instance, the 7 nt min stay at WDW. Sometimes we're able to add a night on at the beginning or the end of our trip, when it's closer to our vacation time. We'll then stay at whichever DVC resort we're able to get a villa. Sometimes we just want to stay 1 or 2 nights on the way to or from another destination. (cruise ?) Sometimes, we can't arrange, or can't afford, a full 7 nts stay. We'll do 4 or 5 nts. I think many FL residents would maybe do a long week-end. (2 or 3 nts) Having a 7 nt min stay would not be practical for many DVC members.


As for the $250 change fee. When we book our villas at 11 mos out, we don't have our plane tkts yet. Many times we'll have to adjust our resv to match what our airfare will be. (I many times will add 1 or 2 days to our original DVC resv, so I'll be able to drop the days that won't work with our air.) Sometimes, the resv dates need to be adjusted for work or school schedules that might change. It's not fair to charge $250 for changes that need to be made. DVC already has a cancellation policy in place. There shouldn't be any penalties for changing the resv before that time frame.

I do agree that walking a resv might not be such a good practice. But the $250 change fee is not the answer to stop it.

[Ctsplaysinrain]

I would be selling my DVC if something like a 7day minimum occurred. First, we like to resort hop so during the summer it is not unusual for us to "do" 3 DVC resorts in 10 days- part of the fun for us. Also, I have been able to use my DVC points for 2 "mommy escapes" in the past year ( we have only been members since June.) I was able to do one 3 day as an add-on to a trip I already had on the east coast and I was able to do a quick 2 day at DL. ( we are in AZ). It would be impossible for me to do 7 days away.

[DVCconvert]

Maybe it will be a FREE Mickey Bar with the purchase of 160 points!
:rotfl:

[Sandisw]

I would be selling my DVC if something like a 7day minimum occurred. First, we like to resort hop so during the summer it is not unusual for us to "do" 3 DVC resorts in 10 days- part of the fun for us. Also, I have been able to use my DVC points for 2 "mommy escapes" in the past year ( we have only been members since June.) I was able to do one 3 day as an add-on to a trip I already had on the east coast and I was able to do a quick 2 day at DL. ( we are in AZ). It would be impossible for me to do 7 days away.

I am with you on that one and doubt Disney will make that change. I think the announcement will be more incentives for AKV, SSR, and VGC, and raise in price of BLT.

What I would love to see is a small incentive on even purchases of 25 - 49 points.

As far as a change fee of $250, that would be horrible and to be honest, don't think it would stop those that really really want rooms via walking.

The best way to stop walking, if DVC really wants to is to not allow changes during the first 7 days without a cancellation and re-booking.

[duck_widow]

Subscribing.

My purchase is nearly closed. I just have to make the final payment. I wonder if I can hold off another week. I just emailed my guide.

I have some good news. I was waiting for my purchase to close before posting, but if anyone recalls I was having a heck of a time getting my contract split and finally my persistance paid off and I was allowed to split my VGC contract. :cool1:

[wendypooh]

I"m just wondering if anyone else in this thread is being solicited via PM's to either RENT or BUY someone's contracts that they have for sale???

[ILuvMulan]

Crazyduck, while I agree with some of your wishes, I very much disagree with your last 2. For instance, the 7 nt min stay at WDW. Sometimes we're able to add a night on at the beginning or the end of our trip, when it's closer to our vacation time. We'll then stay at whichever DVC resort we're able to get a villa. Sometimes we just want to stay 1 or 2 nights on the way to or from another destination. (cruise ?) Sometimes, we can't arrange, or can't afford, a full 7 nts stay. We'll do 4 or 5 nts. I think many FL residents would maybe do a long week-end. (2 or 3 nts) Having a 7 nt min stay would not be practical for many DVC members.


As for the $250 change fee. When we book our villas at 11 mos out, we don't have our plane tkts yet. Many times we'll have to adjust our resv to match what our airfare will be. (I many times will add 1 or 2 days to our original DVC resv, so I'll be able to drop the days that won't work with our air.) Sometimes, the resv dates need to be adjusted for work or school schedules that might change. It's not fair to charge $250 for changes that need to be made. DVC already has a cancellation policy in place. There shouldn't be any penalties for changing the resv before that time frame.

I do agree that walking a resv might not be such a good practice. But the $250 change fee is not the answer to stop it.

Agreed!! Not every one can afford enough points for a 7 night stay... kind of defeats the purpose of the points system, I think.

[margitmouse]

I'm with you! I bought because of the flexibility...the weekend costs are more than we can do at this time, forcing us to use 7 days at a time would price us out of our new ownership!

[lsutigger2]

joining the group - popcorn::popcorn::

[Disney Mom of 4]

subscribing... and wondering...

[DizDays]

Totally curious. Can't wait.

[wdrl]

- minimum stays (7 days at wdw 4 days at dlr)




I would be selling my DVC if something like a 7day minimum occurred.

Agreed!! Not every one can afford enough points for a 7 night stay... kind of defeats the purpose of the points system, I think.

I'm with you! I bought because of the flexibility...the weekend costs are more than we can do at this time, forcing us to use 7 days at a time would price us out of our new ownership!

There is no way that DVC would require a 7-night minimum stay. HOWEVER, when people buy into DVC, we gave DVC the legal authority to impose a minimum stay of up to but not exceeding 5 days. The Declaration of Condominium of BLT has a clause in Exhibit G (Disney Vacation Club Membership Agreement), Section 4.2.e which states

"Minimum Stay - DVCMC may require from time to time that a minimum number of consecutive Use Days for a particular season or special season be reserved as set forth in the Home Resort Rules and Regulations. The number of consecutive Use Days required to be reserved shall in no event exceed five (5) Use Days."

The same clause is in AKV's Declaration of Condominium, and I believe it is in the Declarations for the other DVC resorts, as well.

[Maistre Gracey]

The best way to stop walking, if DVC really wants to is to not allow changes during the first 7 days without a cancellation and re-booking.
That would really hose a lot of good people with only good intentions.

The best, and only way to completely stop walking is to go back to the old booking system.

MG

[kristie03]

What was the old booking system?

BTW, I got a call from my guide today, on a different subject, but when I asked about a big announcement, she said "salespeople would be the last to know"....sorry....no new info from me :snooty: ....but I sure wish I knew!!

[Nikisha421]

DVC is lowering the interest rate on DVC loans? I would guess that interest rates will be somethink like 7.75 for preferred and 10.75 for standard
That woudl actually be the best thing for me, but not DVC...honestly I think that interest rate is way to obsurd
Subscribing..... But while I'm at it let me add my wishes.
- auto use of fastpass lines (great idea)
- online booking (crazy that it is not already available)
- 2 point charts for VGC (pool view vs park view)
- Aulani at $100 plus a realistic point schedule.
- minimum stays (7 days at wdw 4 days at dlr)
- $250 change fees (to aleviate the walking problem)

ok that's all!
if the last two things were to ever come to fruition I would really have to sell my points...
I"m just wondering if anyone else in this thread is being solicited via PM's to either RENT or BUY someone's contracts that they have for sale???
NO, but I would hate that things like that make me nervous...as if someone is spying on me...:confused3
Agreed!! Not every one can afford enough points for a 7 night stay... kind of defeats the purpose of the points system, I think.
I am glad you made this point...I was really starting to get nervous
That would really hose a lot of good people with only good intentions.

The best, and only way to completely stop walking is to go back to the old booking system.

MG

what was the old booking system???

[DebbieB]

Oh now that would be wonderful!!! But would it be a reason for guides to tell people to hold off on submitting their contracts :confused3. I think with guides handing out advice about holding fire on sending pending contracts in, it must be some purchase incentive.

I agree, it's some kind of purchase incentive. It wouldn't make sense to hold contracts if it is a booking policy change or a fastpass perk.

[DebbieB]

what was the old booking system???

You booked 11 or 7 months from check-out date instead of check-in. You could do a day by day for each day of your reservation. The difference is those were dates you actually planned to use vs walking where you book days you plan to cancel.

[Nikisha421]

You booked 11 or 7 months from check-out date instead of check-in. You could do a day by day for each day of your reservation. The difference is those were dates you actually planned to use vs walking where you book days you plan to cancel.
okay...thank you but I think I have to do a lil more research to fully understand the difference especially since I am very sure I was a member when the old system was still in play

[Kimmy]

subscribing...

[margitmouse]

is there a thread that might explain some of this booking fine tuning?
I feel a bit dense but don't see how booking from the end stops people from canceling? They book 11months out but still cancel at 7out to rebook elsewhere?..or am I out of the zone completely?
Open to redirection (LOL but don't tell DH!!!)

[js]

I sure hope the announcement doesn't have anything to do with minimum stays. We always stay a week but next year using our points for a Disney cruise and want two nights pre-cruise stay also using points.
What would happen to those that did land/sea and did those on our own?
I guess we will just have to wait and see. :surfweb:

[dizfan]

You booked 11 or 7 months from check-out date instead of check-in. You could do a day by day for each day of your reservation. The difference is those were dates you actually planned to use vs walking where you book days you plan to cancel.

Under the old system, is it true that members used to be stuck on hold for 60+ minutes because many people called every day to walk their reservation one day at a time?

[Sandisw]

That would really hose a lot of good people with only good intentions.

The best, and only way to completely stop walking is to go back to the old booking system.

MG

How? I would think that most people who make a reservation (not in a walking situation) don't modify or make changes within the first 7 days of a reservation.

[DebbieB]

Under the old system, is it true that members used to be stuck on hold for 60+ minutes because many people called every day to walk their reservation one day at a time?

In over 10 years of being a member, I've never been on hold for 60 min. I used to do day by day for my early December reservation at BWV, the most I was ever on hold was probably 20 min. Most times it was 5 or 10, calling right at 9:00am eastern.

is there a thread that might explain some of this booking fine tuning?
I feel a bit dense but don't see how booking from the end stops people from canceling? They book 11months out but still cancel at 7out to rebook elsewhere?..or am I out of the zone completely?
Open to redirection (LOL but don't tell DH!!!)

The issue isn't cancelling at 7 months. The issue with the new system is people booking ahead of the time they really want, then canceling day by day until they get the dates they really want. For example, you want Feb 7 to 12. You call on March 1 at 11 months and book Feb 1 to 7, which will hold the night of the 7th that you really want. Then on March 2, call and cancel Feb 1 and add Feb 8. Then on March 3, call and cancel Feb 2 and add Feb 9. Keep going until you have Feb 7 to 12. So you are holding dates for 24 hours+ and then cancelling them to get the dates you really want. Meanwhile others really want those dates but they are tied up.

[margitmouse]

wow!
Waaaay to obsessive, even for me! LOL
Thanks for the explanation.

[lugnut33]

Because there are so many points out there available I think DVC is going to give each member an additional 100 points for free!!:3dglasses

[SonicGuy]

popcorn::popcorn::popcorn::popcorn::popcorn::

[MAGICX2]

So what would you do if you are in the process of purchasing? I wasn't told anything from my guide. I have my paperwork now and was going to submit it on Monday. We're buying 360 AKV points. Would you go ahead and send it in? :confused3

I would wait. If it does happen to be an increase, you would still be covered at the old cost because you initiated the sale at that price. If it is a better incentive, you just call and have them redo your paperwork with the perks thrown in. Win/Win

[wbl2745]

...again...what about VGC???

We "bought" last week (still have the paperwork at home) at VGC and as I was discussing the purchase with our salesman (that's not the right term...) I asked if there were any reason he was aware of why we should wait. OK, ok, that was a stupid question since he has no incentive to say anything other than to do it now. However, he did say that there hadn't been a price increase since VGC had opened, implying that prices could be going up. That is probably standard sales tactics and should be ignored, but that's all I have to add to the rumor mill. :confused3

[VG9493]

Very curious popcorn::popcorn::popcorn::

[Billmel]

You have that 360 pts. divided into smaller contracts, right? Just checking...;)

And Welcome Home! Soon.

Why would you need smaller contracts, just now buying into AKV. Haven't heard this yet. Help?

[88golf88]

Why would you need smaller contracts, just now buying into AKV. Haven't heard this yet. Help?
For a few reasons..

1. They are easier to split up and give to your kids/grandkids.
2. If you decide to ever sell off a few points, it is easier to sell 120 points than it is 360.

It is only an advantage to have smaller contracts with the same UY than it is one larger contract.

[Maistre Gracey]

How? I would think that most people who make a reservation (not in a walking situation) don't modify or make changes within the first 7 days of a reservation.
I don't know exactly how many times it happens, but I do believe that many people modify their reservation for legit reasons.
Changes with work, family, or many other reasons..

The flexibility of changing ressies is part of the reason many people bought DVC. I would hate to see that option taken away.

MG

[Tigger031266]

My guess is that DVC will offer members an incentive that people buying DVC cant get through buying resale. I think Disney wants to slow the resale market which has a very large difference in price (Disney $30 pp higher now).


Best guesses:
- Park Passes
- 1 yr fastpass
- Free dining 1 year
- Disney gift card for $1000

Anyone know what day the announcment may come out?

[Native NYer]

I'm wondering when the new incentive will be announced too. If the incentive is good, I may just have to add on now popcorn::

[nunzia]

I'm wondering when the new incentive will be announced too. If the incentive is good, I may just have to add on now popcorn::

ditto......I just don't know what I'd consider 'good'..

[castleri]

I don't know exactly how many times it happens, but I do believe that many people modify their reservation for legit reasons.
Changes with work, family, or many other reasons..

The flexibility of changing ressies is part of the reason many people bought DVC. I would hate to see that option taken away.

MG
I would hate to see it go away also but the new reservation system is such that people can get an advantage that wasn't there before when you had to make reservations based on check out date. For most times I could just call 11 or 7 months from final check out day and get the whole thing. For times like Christmas I did do day by day booking to get the dates I wanted. Now there are people who can even beat the 11/7 month booking guidelines by walking a reservation over a month or so ahead. This probably puts as much strain on the MS phone system as the old day by day did if enough people are willing to call, cancel and rebook. They don't need to call every day to do this either. I just feel it has eroded the home resort advantage. Of course maybe not that many people know about how to do it but with reports that some people had problems with Christmas/New Year ressies for 2010 when calling at exactly 11 months makes you wonder. If they put in some time lapse that must occur before you can cancel and rebook days on the same reservation that might help. I have had to add or subtract days myself but usually not within the same week I made a reservation. I have enough points so I could easily walk one but would rather go back to the old system that put everyone on the same footing.

If guides are telling people to hold up on returning contracts it sounds like either better/different incentives, a new resort for sale or they want the sale to count towards their March sales instead of Feb. Has anyone noticed any activity at the models at SSR? It would seem like they would have a model for Hawaii ready if that is going to be the next one for sale although they could announce a date in the future and then do the model.

[gkrykewy]

My guess is that DVC will offer members an incentive that people buying DVC cant get through buying resale. I think Disney wants to slow the resale market which has a very large difference in price (Disney $30 pp higher now).

AKV actually seems pretty close now - resale value holding steady in the mid-80s, and I think the direct price with incentives is about 93ish, right?

[sissy_42]

AKV actually seems pretty close now - resale value holding steady in the mid-80s, and I think the direct price with incentives is about 93ish, right?

I just bought at AKV for $97 after the $15 incentive.

[keishashadow]

That would really hose a lot of good people with only good intentions.

The best, and only way to completely stop walking is to go back to the old booking system.

MG

the road to DVC is paved with good intentionsHow? I would think that most people who make a reservation (not in a walking situation) don't modify or make changes within the first 7 days of a reservation.

unless u have a gazillion points i'd think you'd have to modify to make walking work

[gkrykewy]

I just bought at AKV for $97 after the $15 incentive.

My mistake -- I think there was pricing in early/mid-2009 that brought prices down as low as $93/94 for 200+ point contracts, but looks like that's gone.

[Billmel]

We are in the process of buying, don't have our contracts yet. Just put the downpayments in this weekend. We received double points for the 1st year, and $15. off per point purchased for AKV. Is this a normal practice or is this the only incentive we can expect. I thought it was a pretty good deal.

[LoveKermit]

jumping in just in case I don't read the info anywhere else. Have to keep the in-laws in-the-know, because sometimes they aren't.

[momoflizandains]

I'm wondering, too.

[pilferk]

Waiting with baited breath.

We're considering a 100 to 125 point add on, right now.

Waiting to see what the announcement is, to see if it spurs us to action.

[wildernessDad]

Did we get the announcement yet?

[krikiter]

Hey y'all.

Long time lurker, first time poster.

I heard from a guide that I've been working with (I'm not a member, yet) that there WILL be a webcast coming up in "March or April" and that special pricing would be attached. No details, unfortunately.

[cseca]

This is almost like waiting for Black Friday ads... oh the excitement.
Hopefully whatever the new incentive is won't be disappointing.

[tjkraz]

Hopefully whatever the new incentive is won't be disappointing.

Oh, I think disappointment is unavoidable at this point. ;)

[kristytru]

subscribing...:surfweb:

[southtexasmom]

waiting and wondering...

[medic318]

Curious here too.

[sara74]

Ok, I'll bite.

Was thinking of booking a cash trip next year (we use our points to go every other year) and DH mentioned that maybe we'd think about adding on! So now I need to know about this big announcement so I can make my plans!

[Starr W.]

Hey y'all.

Long time lurker, first time poster.

I heard from a guide that I've been working with (I'm not a member, yet) that there WILL be a webcast coming up in "March or April" and that special pricing would be attached. No details, unfortunately.

Well the last webcast with "special" pricing was nothing to write home about. Seen a lot better deals in the past.

[jmchone0830]

Well the last webcast with "special" pricing was nothing to write home about. Seen a lot better deals in the past.

Please forgive my ignorant question but where are the webcasts posted? On the dvcmembers site? We're in the process of purchasing so do not have access to the dvcmembers site yet.

[helloconnie]

Is anybody at WDW now? Please ask a bus driver.

Okay, I am still reading the thread but had to respond to this one! I laughed so loud at work I drew attention to myself! Thank you!

You can only ask a bus driver if you have the decoder ring to gone along with the message.

:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:: rotfl::rotfl::rotfl:

[cseca]

Oh, I think disappointment is unavoidable at this point. ;)

bite your tongue! :eek:
Although the pessimist in me agrees with you :rotfl:

[bastraker]

subscribing

[Doris1962]

subscribing too

[helloconnie]

Okay, finished reading the thread now.

If Aulani is now approved for sale I would venture to bet that the announcement will be a launch of the DVC sales campaign for the Aulani property with special perks for the original purchasers of the property, similiar to what they did for BLT.

Along with the announcement, there will probably be incentives for the other DVC properties that are not sold out (or close to being sold out), there are several now... BLT, AKV, Treehouse, Grand Californian, etc....

1. There has not been a real good incentive campagin in some time now.
2. We are approaching the Spring Break and Summer Season when people are planning vacations and would consider purchasing DVC.
3. The economy is still very weak and DVC has quite a few properties out there lots of 'room' for selling, and now Aulani being added to the mix.

Time to move inventory....

We bought BLT during the webcast last summer and got a great price. We would probably add on if the price was right. ($120 per point is waaayyyy off the mark.) So, if the quip from the Disney Management team about 'we listened to our members' has anything to do with pricing, hopefully we are in for a long overdue and GREAT incentive!

[YourEveryDayAdam]

For what it's worth, I just got off the phone with my guide asking about an add on to AKV. He said that he "knows that the $15 per point incentive for AKV is getting smaller on March 7". Other than that, he doesn't know what's going on.

[DVCGeek]

I did a small add-on @ VWL today; my guide said things about Aulani would probably be coming, but not till later in the year. She also said the sold out resorts (nothing mentioned either way about others; I was specifically asking VWL but mentioned curiosity in HI earlier) would probably have a price increase later this week of 'a few dollars', so I called at a good time!

We'll see what actually comes out, and hopefully it isn't just "Planners have been mailed!" :lmao:

[toocherie]

subscribing too

[cricketjamest]

Subscribing also!

popcorn::

[dansamy]

Waiting...and waiting...

My old contract for just BLT I already received, but then I changed it and I am waiting for my new FedEx box.... I hope that if there is a new incentive it will be good for me.

[letitsnow]

i hope the new announcement will allow me to buy in to vgc with 100 points instead of 160...wishful thinking...::MinnieMo

[disneygrandma]

Our guide has never given us any info for upcoming incentives. In fact, he knew we were at WDW in Dec, and after we get home I read on the Dis about special offers that were good only if you were on property. He could have at least called us to let us know what we could get if we stayed around 1 day longer. (wouldn't have been a problem since we drove this trip)

In the past, we've asked him about rumors, and he replies that he doesn't know. We do hear from him on current offers, but he would never hint at anything that wasn't out there yet.

I would love to see incentives for smaller add ons. I would love to see DVC discounts for all park tickets, not just the AP's. I wish the discount could be extended to family members. We as grandparents want to take our grandchildren, but can't get discounts for their tickets. I would like to see a discounted DP for DVC. But the one big thing that wouldn't cost DVC or Disney any money.............DVC Fastpasses. I suggested this one to our guide over 2 yrs ago.

I won't be holding my breath for any of these, though. I'm afraid we're all going to be disappointed at the "big" announcement.

[Nonsuch]

maybe online booking????

Online point sales :thumbsup2

[Nonsuch]

..how come ther is never any speculation that includes VGC?
I hope for some big VGC incentives. Those VGC points are like new cars taking up space at a car dealership, and the new models are coming.

[Longhairbear]

I hope for some big VGC incentives. Those VGC points are like new cars taking up space at a car dealership, and the new models are coming.
Funny you should say new models coming. We've been hearing speculation about expansions at Disneyland, certain property Disney owns in Anaheim near the resort, Anaheim Gardenwalk going up for sale at auction etc. The suits were recently over at Disneyland Resort taking a tour, and there has been speculation about another DVC at DLR again.
I really doubt this is the big announcement everyone is waiting for, but you never know.

[2tinksmom]

Subscribing!popcorn::

[nunzia]

I hope for some big VGC incentives. Those VGC points are like new cars taking up space at a car dealership, and the new models are coming.

I agree....BRING ON THOSE BIG VGC DISCOUNTS!;)

[dcfromva]

I agree....BRING ON THOSE BIG VGC DISCOUNTS!;)

(Nooooooo! :scared1: No more good discounts for VGC.... I told DH we're not buying anymore DVC for a really, really, really loooooong time. :rolleyes::confused3:lmao: )

So, we've been speculatin' for 5 days (seems longer :) )---anyone got anything definitive? :confused3

[dianeschlicht]

I'm thinking it's going to be something about the start of Hawaii sales and maybe online booking. Hawaii sales would likely bring some other sales incentives as well, so I'd expect that to also be part of it.

[kelly4me]

I'm hoping for good news soon. We're trying to decide between a BLT add-on or SSR resale - a good incentive would put BLT over the top.

[pennst8r]

I"m just joining so I don't forget to keep checking for the info :goodvibes

[poohbear luvs grumpy]

popcorn::

[TagsMissy]

I didnt read the whole thread -- when is the news coming out?!?!

[letitsnow]

any news yet??? i have been checking here at least once an hour...i don't know why~~~i guess i love surprises..hopefully this will be a good one!

[gkrykewy]

I'm hoping for good news soon. We're trying to decide between a BLT add-on or SSR resale - a good incentive would put BLT over the top.

A bit OT, but SSR resale is the best deal in DVC IMO.

[Jaaron2]

Ive been able to keep my addonitis in check now for about 10 months.....Hope this doesnt set the fed ex boxes back in motion again:rotfl2:

[Mama2Matthew]

Just chiming in with my guess. I think the announcement is going to be a new cruise incentive for the Dream. The new Disney Files has a four page spread with details about the ship.

Whatever it is, I hope they make the "big" announcement soon. Too much suspense!

[pinnocchiosdad]

Under the thread "guess what" the OP states that her guide told her prices are going up 3/7. Thats SUNDAY, I would be surprised if changes take place on a Sunday. We will see.

[miprender]

My guess? New min purchase of 50 points. :lmao:

I would love to buy into DVC but I need to take baby steps. If we could buy directly from Disney maybe I could convince DH to become a member.

[MinnieGirl33]

I'm hoping for good news soon. We're trying to decide between a BLT add-on or SSR resale - a good incentive would put BLT over the top.

Same here! ;)

[DVCMikey]

they are going to give all members free unlimited fast passes forever.

[tink_n_pooh]

they are going to give all members free unlimited fast passes forever.

:lmao:

[hopare]

they are going to give all members free unlimited fast passes forever.

After all Disney is where dreams come true!:lmao:

[lulu2]

SO, I just spoke with our guide and she said..............Prices are going up on Sunday for sold out resorts, she specifically mentioned boardwalk and beach club. I believe she said up to $115 or $116 per point.

She also said they are on the "cusp of" getting close to selling out GC and she mentioned that in the past they typically announce some new incentives at this point to push the resort to a sell out. I'm new to this stuff so hopefully this all makes sense.

[Maistre Gracey]

Under the thread "guess what" the OP states that her guide told her prices are going up 3/7. Thats SUNDAY, I would be surprised if changes take place on a Sunday. We will see.
Well that would suggest a major hosing by the guides who told members to wait to purchase..

MG

[ssawka]

SO, I just spoke with our guide and she said..............Prices are going up on Sunday for sold out resorts, she specifically mentioned boardwalk and beach club. I believe she said up to $115 or $116 per point.

She also said they are on the "cusp of" getting close to selling out GC and she mentioned that in the past they typically announce some new incentives at this point to push the resort to a sell out. I'm new to this stuff so hopefully this all makes sense.

I really don't get this if this is true. Do they want everyone to buy resale?

[cseca]

...

She also said they are on the "cusp of" getting close to selling out GC and she mentioned that in the past they typically announce some new incentives at this point to push the resort to a sell out. I'm new to this stuff so hopefully this all makes sense.

oooh, I hope this is a good one...

[tomv]

SO, I just spoke with our guide and she said..............Prices are going up on Sunday for sold out resorts, she specifically mentioned boardwalk and beach club. I believe she said up to $115 or $116 per point.

She also said they are on the "cusp of" getting close to selling out GC and she mentioned that in the past they typically announce some new incentives at this point to push the resort to a sell out. I'm new to this stuff so hopefully this all makes sense.

My guide called me and told me the same thing, prices up at BWV and BCV to $115 per point on March 7th!

[pinnocchiosdad]

I really don't get this if this is true. Do they want everyone to buy resale?

I totaly agree. Would you buy eggs directly from the hen for $10 per dozen, when you could buy them at the corner store for $5 per dozen. If this is true ROFR will climb as Disney looks for inventory. This will be good for members like me who have contracts for sale.

[Coach81]

:confused3

[Crystal_27]

My guide called me and told me the same thing, prices up at BWV and BCV to $115 per point on March 7th!

:eek: Up from $106, right? WOW, that certainly does NOT bode well for a decrease for BLT! :sad2:

[disneynutz]

Disney raises the prices to make you feel special when they offer you a deal and lower them for a limited time only.

If it didn't work, they wouldn't do it. Disney knows how to make money.

:) Bill

[Inkmahm]

I totaly agree. Would you buy eggs directly from the hen for $10 per dozen, when you could buy them at the corner store for $5 per dozen. If this is true ROFR will climb as Disney looks for inventory. This will be good for members like me who have contracts for sale.

Well, I'd say there are some DVC members who would do just that! They use their points to sale on DCL for MUCH more than it would cost if they paid cash instead. Mostly because it is easier to not have to rent or transfer their points to someone else to get the cash for the cruise. There are likely DVC members who would do the same thing as far as buying more points at a much higher price just because it is "easier" to do directly from Disney!

[DebbieB]

I really don't get this if this is true. Do they want everyone to buy resale?

There are only a few points available at the soldout resorts, I think they feel they would rather try to get the high price on them, members who want to do small add-ons and don't want to deal with resale. Plus they can rent them out through CRO if not sold.

[MinnieGirl33]

Trying to remember & for the life of me can't... Don't we typically get advance notice of price increases, even if it was only a few days to a week? :confused3

Have they ever just arbitrarily woke up one morning & said "Starting today, ABC resort will cost $XYZ per point?

[Nonsuch]

She also said they are on the "cusp of" getting close to selling out GC and she mentioned that in the past they typically announce some new incentives at this point to push the resort to a sell out. I'm new to this stuff so hopefully this all makes sense.
"cusp of" means they have finally sold over half the available points :teacher:
There are 5897 deeds filed by DISNEY VAC with the Orange County California Recorder. Details about points per deed is not available online, but repeated names indicates many split contracts.
If the average is 100 points/deed, then VGC is 52% sold
100points/deed x 5897deeds / 1136968total_points

[CrazyDuck]

"cusp of" means they have finally sold over half the available points :teacher:
There are 5897 deeds filed by DISNEY VAC with the Orange County California Recorder. Details about points per deed is not available online, but repeated names indicates many split contracts.
If the average is 100 points/deed, then VGC is 52% sold
100points/deed x 5897deeds / 1136968total_points

I doubt the average deed is 100 points. First of all most people won't split the deed because they don't know its an option. I went to the site and checked and only maybe 1 in 10 deeds were split... So like 9 out of 10 deeds will record at atleast 160 points. Those that split would probably record around 100. For everyone that splits a deed at 100 there is probably someone who will buy 300. So my guess would be that the average is probably still around 160... which would put the resort closer to 80-85% sold...

But thats just my guess....

[Tigger031266]

I totaly agree. Would you buy eggs directly from the hen for $10 per dozen, when you could buy them at the corner store for $5 per dozen. If this is true ROFR will climb as Disney looks for inventory. This will be good for members like me who have contracts for sale.

Well the $10 hen (Disney) can always exercise ROFR and mess up the $5 purchase. DIsney is saying, it really may not be worth it for $30 per point profit minus closing costs, selling costs.......). Disney really does not care if we sell DVC between ourselves for margins less than 30%.

[kt-scarlett]

My guide called me and told me the same thing, prices up at BWV and BCV to $115 per point on March 7th!

But aren't these two of the only three resorts (plus VWL) whose contracts expire in 2042? Why would only their price increase when they have the shortest contracts available? Am I missing something?

[tjkraz]

But aren't these two of the only three resorts (plus VWL) whose contracts expire in 2042? Why would only their price increase when they have the shortest contracts available? Am I missing something?

Supply and demand.

People still go to DVC for points at those resorts. Resale will save money but the wait can be long, many contracts are stripped, you may have to accept a Use Year that is less than ideal and financing is more difficult.

I don't know how many new 160+ contracts they are selling but for small add-ons it's still often the best approach to take even with a higher price.

[DJmommy]

What effect will this have on resale prices of these resorts, by raising the direct price of BCV and BWV? Anyone care to speculate on this?

[queendarvet]

Do you think they will raise prices at Vero and Hilton Head as well? The prices at both places were lowered not too long ago. I also find it odd that the price increases would occur without any notice.

[corpcomp]

What effect will this have on resale prices of these resorts, by raising the direct price of BCV and BWV? Anyone care to speculate on this?

Very little I suspect in the near term. A lot of people are selling because they have to in this economy and a lot of people are bottom feeding for bargains. No one wants to pay the price Disney is charging. And if people keep their sale prices low, Disney will ROFR more at that price and make an extra $9 per point of resale for those that do buy through Disney.

Let's just hope they don't raise ticket prices again this year, but I'm afraid that almost a given.

[tammymacb]

I think HHI and VB points won't be increased.

Down the road, I think Disney will offer an extension for BWV, BCV and VWL. I think in 2042 VB and HHI will be dropped by Disney.

[corpcomp]

But aren't these two of the only three resorts (plus VWL) whose contracts expire in 2042? Why would only their price increase when they have the shortest contracts available? Am I missing something?

They will likely extend those contracts same as OKW. Just a matter of time and people will be glad to extend at these two resorts.

[tjkraz]

Actually I'll amend my prior statement. It struck me that in addition to supply and demand, one other possible motivation for the price increase is to boost sales at AKV and BLT.

With BWV, BCV and BLT all priced identically at $115, the BLT purchase/add-on makes much more sense. 18 extra years, lower dues and the close proximity to a theme park. And if you're DVC, the new resort is much more profitable than ROFRing and old resort and paying all of the administrative expenses associated with re-selling those points.

So in addition to S&D, it's entirely possible that the price increase is simply designed to push more buyers to BLT.

I don't know that there will be an immediate impact on resale prices. Prices will go up if DVC starts ROFRing more contracts. But I've not heard of them having waiting lists for BCV and BWV points like they did 2+ years ago.

As for contract extensions, the more time that passes, the less likely I think it will be. Why would they take $15 per point now for a short extension when they can get $200 per point selling "new" 50-year contracts in about 30 years?

There are a lot of admin expenses involved with extensions so I don't believe they are terribly profitable. And the inference has been that the OKW extension wasn't particularly well received.

Again, I think DVC would rather see people spend money on a 50-point BLT add-on rather than extending their BWV contract for a few additional years.

[stopher1]

They will likely extend those contracts same as OKW. Just a matter of time and people will be glad to extend at these two resorts.

That's kind of what I was thinking "might" be included in the mix of whatever it is that they end up announcing. Incentives as other have said don't require a big meeting to gear up for. Sure Aulani would, and that most likely will be part of it all. I didn't really follow the OKW extension very closely since I don't own there, but with so many others expiring in '42, it would seem like they would want to extend at least some of them if not all of them. At least it would to me.

[sssteele]

I thought the "Do Not Call" lists did not pertain to businesses and organizations with whom you have an already existing relationship? Anybody else remember hearing or reading about this?

[BWV Dreamin]

Actually I'll amend my prior statement. It struck me that in addition to supply and demand, one other possible motivation for the price increase is to boost sales at AKV and BLT.

With BWV, BCV and BLT all priced identically at $115, the BLT purchase/add-on makes much more sense. 18 extra years, lower dues and the close proximity to a theme park. And if you're DVC, the new resort is much more profitable than ROFRing and old resort and paying all of the administrative expenses associated with re-selling those points.

Again, I think DVC would rather see people spend money on a 50-point BLT add-on rather than extending their BWV contract for a few additional years.
Well, I'm not so sure. Why would anyone purchase BWV/BCV direct over BLT? Why group them together price wise? If sales are still steady for BWV/BCV depsite BLT incentives, that tells you something. The motivation for purchasing BWV/BCV does not drop due to the price increase. I think there must be real problems with BLT sales. DVC still wants to market it as a premier site. Could this be a set up for a two tier system?

[corpcomp]

SO, I just spoke with our guide and she said..............Prices are going up on Sunday for sold out resorts, she specifically mentioned boardwalk and beach club. I believe she said up to $115 or $116 per point.

She also said they are on the "cusp of" getting close to selling out GC and she mentioned that in the past they typically announce some new incentives at this point to push the resort to a sell out. I'm new to this stuff so hopefully this all makes sense.

My guide just confirmed what your said. BCV going to $115 on Sunday.

I've been on the fence and have been looking for a small contract for over a year through TTS but never get my use year and never get the emails in time to buy. So just bought 30 more points at $106 Feb UY. DVC has plenty.

What they have been doing is buying lots of ROFRs and going to make extra money selling when the price goes up. Buy now if you are on the fence. in 2011 day rate for a 1BR at BCV is going to 37 points per day mid week from 34 points for April. Now have 270 (Yea! I'm in the 270 club) which gives me exactly 1 full week at Spring Break or two full weeks in a Studio.

And now I can unborrow the points from 2011 (at least for now Borrowitis is cured with Addonitis!!!!):rotfl::rotfl:

[tjkraz]

Well, I'm not so sure. Why would anyone purchase BWV/BCV direct over BLT?

Off the top of my head, because they aren't aware of resale...have been burned by ROFR...want the points right away, including current UY points...want to pick the exact number of points...need DVC's easy financing.

Some people are probably wary of the entire resale process or just don't want the hassle.

How often does a 25-pt contract at BCV hit the resale market? How about a 25-pt contract with a June Use Year? How about a 25-pt contract with a June UY and all 2009 points intact? You could get that contract from DVC today with a single phone call.

Why group them together price wise? If sales are still steady for BWV/BCV depsite BLT incentives, that tells you something. The motivation for purchasing BWV/BCV does not drop due to the price increase.

Well, I can't comment on how steady sales are but BLT sales FAR eclipse other destinations including BCV and BWV.

Motivation will vary from one member to another. People who are bound and determined to add at BCV or BWV will still do so. But there are others who first determine they they need 50 more points and THEN begin to evaluate which resort to add. With BLT costing the same as BCV and BWV plus having the extra years and lower dues, I think this new pricing will certainly cause some to reconsider BLT.

I think there must be real problems with BLT sales. DVC still wants to market it as a premier site. Could this be a set up for a two tier system?

Oh, I don't know about that. Just because BLT has only sold half of its 5.5+ million points after 16 months in a poor economy isn't exactly reason for doom and gloom. :goodvibes Today's pricing on BLT is MUCH higher than it was 12 months ago. This time last year the base price was lower and incentives were much better.

I suspect DVC is quite content selling points at a slower pace but a higher price. But if a minor tweak in BCV/BWV pricing helps to turn more customers to the more profitable BLT, why not do it?

DVC certainly does risk losing more BCV/BWV add-on sales to the resale market. But by raising the price they stand to earn a greater profit on points that they DO sell at those locations, plus they should get some members to reconsider BLT, VWL or AKV as an alternative.

[wbl2745]

In another thread (http://www.disboards.com/showpost.php?p=35677772&postcount=1) Huskies90 said:

My guide has a 1 bedroom villa at Beach club on reserve for our August trip and I have to decide by March 7 as the new incentives and price increases go up by then... Of course what is making this harder is the imminent FREE DINING that should be released for my dates.

Does that add any fuel to the fire? Higher prices but free dining? Sounds like March 7 is the date.

[DVCGeek]

There are only a few points available at the soldout resorts, I think they feel they would rather try to get the high price on them, members who want to do small add-ons and don't want to deal with resale.

I wanted exactly 36 points @ VWL, so to get that number in my UY (and not pay closing costs) I bought straight from Disney @ $101pp... I know some would argue my crazy, but it met my goals and they were showing online in under 2 hours form my giving my guide the CC # for the deposit! To that end, an IMMEDIATE need for points could be another reason to buy straight from DVD.

[tjkraz]

Does that add any fuel to the fire? Higher prices but free dining? Sounds like March 7 is the date.

My take is that the poster in question is referring to booking a cash trip with a free dining promotion vs. buying into DVC.

If he/she buys DVC now it's at the $106 price point but the ability to secure "free dining" is gone. If he/she waits beyond 3/7 and "free dining" does not materialize (or terms are unfavorable), the villa being held is gone and the price on those points goes up to $115.

[dizfan]

I think there must be real problems with BLT sales.

When Disney increased the BLT base price to $120/pt (and decreased incentives for BLT), sales for BLT did slow to about half the pace. But they have been steady. Using records from Orange County Comptroller, first contracts showed up 10/30/2008. In 16 months, BLT has over 17200 contracts and 2.84 million points (approximately half of all points sold).

Probably not wanted Disney was hoping for, but I doubt they expected the economy would start crashing a couple months before sales at BLT started.

[letitsnow]

so is the big news just about the price increase for March 7th? or is there something else that they are going to announce?

[kt-scarlett]

I thought the "Do Not Call" lists did not pertain to businesses and organizations with whom you have an already existing relationship? Anybody else remember hearing or reading about this?

That's what I thought too. I just double checked at donotcall.gov and it turns out we were right. "Placing your number on the National Do Not Call Registry will stop most telemarketing calls, but not all. Because of limitations in the jurisdiction of the FTC and FCC, calls from or on behalf of political organizations, charities, and telephone surveyors would still be permitted, as would calls from companies with which you have an existing business relationship, or those to whom you’ve provided express agreement in writing to receive their calls."

So it appears the Do Not Call list doesn't block guides from called their DVC members. You can't prove that by me though, I've been a member for over ten years and haven't received a call from my guide ever. I doubt she even still works there, lol. Isn't it weird how some stay in touch and other guides don't?

[RickinPA]

That's what I thought too. I just double checked at donotcall.gov and it turns out we were right. "Placing your number on the National Do Not Call Registry will stop most telemarketing calls, but not all. Because of limitations in the jurisdiction of the FTC and FCC, calls from or on behalf of political organizations, charities, and telephone surveyors would still be permitted, as would calls from companies with which you have an existing business relationship, or those to whom you’ve provided express agreement in writing to receive their calls."

So it appears the Do Not Call list doesn't block guides from called their DVC members. You can't prove that by me though, I've been a member for over ten years and haven't received a call from my guide ever. I doubt she even still works there, lol. Isn't it weird how some stay in touch and other guides don't?

Either way, DVC will not allow guides to call if you are on the list. How else would my guide know I am on the list? In addition, he gave me a disney web page to register to recieve calls from DVC.

If I can find the web address, I'll post it.

Wrong or right, just trying to help.

[huskies90]

My take is that the poster in question is referring to booking a cash trip with a free dining promotion vs. buying into DVC.

If he/she buys DVC now it's at the $106 price point but the ability to secure "free dining" is gone. If he/she waits beyond 3/7 and "free dining" does not materialize (or terms are unfavorable), the villa being held is gone and the price on those points goes up to $115.
You got it exactly...Wait for Cash Free Dining vs. Buying into DVC now (WWYD?)

When I asked about what's coming on 3/7 my guide also said price increases for the sold out resorts. She told me during the last week of February that if I wanted the current promotion at the time which was 'double points' and $15 off per point at AK, I would have to buy by 2/28. When I talked to her this week, she said that promotion was extended to 3/6 because the marketing team did not get out the new March promotion in time.

So she said I could put a deposit down now and if the new promotion is better, I can switch but if it is not, I can keep the February one.

[letitsnow]

You got it exactly...Wait for Cash Free Dining vs. Buying into DVC now (WWYD?)

When I asked about what's coming on 3/7 my guide also said price increases for the sold out resorts. She told me during the last week of February that if I wanted the current promotion at the time which was 'double points' and $15 off per point at AK, I would have to buy by 2/28. When I talked to her this week, she said that promotion was extended to 3/6 because the marketing team did not get out the new March promotion in time.

So she said I could put a deposit down now and if the new promotion is better, I can switch but if it is not, I can keep the February one.

I was told the same thing...if a better deal comes arould my guide will rewrite the contract for me. Is that true if I sign and mail the contracts back? He also said that as the time passes the incentives get worse. The first time we came in we could have bought GCV at $104/pp and got a $3500 gift card...and then the next time it was the same price with 2 premium annual passes...now all I get is $15 off $112 and a blue binder that doesn't close and 2 red hats...no tote!

He did mention Aulani going to be released for sale but he believes it will be a higher price point...he seems to think if there will be new incentives it will be for Hawaii...

[Longhairbear]

I wanted exactly 36 points @ VWL, so to get that number in my UY (and not pay closing costs) I bought straight from Disney @ $101pp... I know some would argue my crazy, but it met my goals and they were showing online in under 2 hours form my giving my guide the CC # for the deposit! To that end, an IMMEDIATE need for points could be another reason to buy straight from DVD.
We bought at VWL before it sold out. We added on twice through Disney afterward, and paid the same price pp, and got the same use year. If the price for VWL goes up also, above the price for VGC then we are more inclined to buy a new contract there rather than add on to VWL. We've decided that any add on would be at VGC regardless of price or incentive mostly because we are using more of our points there, and less at WDW.

[keishashadow]

Just chiming in with my guess. I think the announcement is going to be a new cruise incentive for the Dream. The new Disney Files has a four page spread with details about the ship.

Whatever it is, I hope they make the "big" announcement soon. Too much suspense!

quite possible, the regular rates for '11 on the the dream are almost 'reasonable';) Despite the norm of lowest price tiers offered 1st, I'm thinking regular bookings are def off based upon the rate I booked.

Im lost re the discussion of 'cash free dining' vs buy into DVC now. Are we talking CRO FDP or possible special DVC buying incentive.:confused:

[dumbo_buddy]

we are waiting to hear back from disney on ROFR but we contacted our guide anyway to see what, if any, are the incentives in march to buying through disney. he said that we should wait until the weekend.

hmmmmmm???

if he told us to wait so the new higher fees could go through, i'd be really annoyed!

[gkrykewy]

we are waiting to hear back from disney on ROFR but we contacted our guide anyway to see what, if any, are the incentives in march to buying through disney. he said that we should wait until the weekend.

hmmmmmm???

if he told us to wait so the new higher fees could go through, i'd be really annoyed!

Exactly. Given how this all started (with people who'd already bought being told to hold off on signing), it's certain that there must be new *discounts* coming out of this, not just price increases.

[TisBit]

When Disney increased the BLT base price to $120/pt (and decreased incentives for BLT), sales for BLT did slow to about half the pace. But they have been steady. Using records from Orange County Comptroller, first contracts showed up 10/30/2008. In 16 months, BLT has over 17200 contracts and 2.84 million points (approximately half of all points sold).

Probably not wanted Disney was hoping for, but I doubt they expected the economy would start crashing a couple months before sales at BLT started.

I still say that Disney does NOT want BLT to sell out too quickly, it is a prime location that can get people in the door. Once they are there, they see that yes BLT is a great location, but a lot more expensive and those people will possibly buy remaining SSR or AKV points to save on the purchase price. Having inventory at BLT is a great advertiser to get people in the door.

[thepops]

Exactly. Given how this all started (with people who'd already bought being told to hold off on signing), it's certain that there must be new *discounts* coming out of this, not just price increases.

I agree... and the price increases seem to be for the already sold out resorts (which DVC doesn't push). The ones that most folks holding on to their packages waiting to hear on new incentives seem to be the currently selling resorts (I didn't do an actual count through the 190+ posts).

[dizfan]

"Disney Vacation Club is set to raise the price on three of its older resorts.

Effective Sunday March 7, 2010, the price for points at Disney's Beach Club Villas and Disney's BoardWalk Villas will increase from $106 per point to $115 per point. Additionally points at the Villas at Disney's Wilderness Lodge will increase from $101 to $102 per point.

Although each of these properties as been "sold out" for many years, Disney Vacation Club does maintain a small inventory primarily for add-on sales to existing members. Until the price increase goes into effect points can still be purchased at these locations at the existing price point.

Ownership at each of these three DVC resorts is scheduled to end on January 31, 2042."

[hakepb]

I still say that Disney does NOT want BLT to sell out too quickly, it is a prime location that can get people in the door. Once they are there, they see that yes BLT is a great location, but a lot more expensive and those people will possibly buy remaining SSR or AKV points to save on the purchase price. Having inventory at BLT is a great advertiser to get people in the door.

I'd agree that the economy and change to Disney-financed mortgages forced DVC to be much more agressive with BLT sales, then they initially planned.

This was not the right economy to be opening a more profitable "premium location" at a potentially much, much higher price (based on early rumors of $150+, hen the 100 point minimum?) while also funding a Hawaii resort and selling a bunch of AKV inventory.... I think they wound up bowing to some pressure for greater cash flow now, But, on the other hand, a highly desireable location made sales more possible in this economy...

[hakepb]

..With "old resort" price increases, I wonder if DVC is attempting to move more into the resale-type market? If they do not have another internal WDW resort in the near future, I think they will need to be more actively selling the other resorts.

Wow, $115/point for the WDW resort with the highest MF's, BWV, and tied for the shortest term contract (2042)!

I'm guessing this lets DVC raise ROFR about $9 on those...

[pinnocchiosdad]

"Disney Vacation Club is set to raise the price on three of its older resorts.

Effective Sunday March 7, 2010, the price for points at Disney's Beach Club Villas and Disney's BoardWalk Villas will increase from $106 per point to $115 per point. Additionally points at the Villas at Disney's Wilderness Lodge will increase from $101 to $102 per point.

Although each of these properties as been "sold out" for many years, Disney Vacation Club does maintain a small inventory primarily for add-on sales to existing members. Until the price increase goes into effect points can still be purchased at these locations at the existing price point.

Ownership at each of these three DVC resorts is scheduled to end on January 31, 2042."

This is making me think that the big "deal", will allow current members to addon at discounted prices to the new higher prices as a sales ploy.

[Maistre Gracey]

Yeah.. If that's the news, why would the guides advise people to wait?

MG

[TisBit]

..With "old resort" price increases, I wonder if DVC is attempting to move more into the resale-type market? If they do not have another internal WDW resort in the near future, I think they will need to be more actively selling the other resorts.

Wow, $115/point for the WDW resort with the highest MF's, BWV, and tied for the shortest term contract (2042)!

I'm guessing this lets DVC raise ROFR about $9 on those...

and maybe see another "DVC" extension......:rolleyes1

[BWV Dreamin]

I sure hope there is bigger news coming...:confused3 Why doesn't DVC add things to the sales incentives that cost little to nothing for them? For example fast passes, more discounts with the membership card, preferred booking, etc. They really could get more creative with their sales tactics that would generate revenue on the back end.

[corpcomp]

Yeah.. If that's the news, why would the guides advise people to wait?

MG

When I added a small contract at BCV yesterday I asked my guide point blank if there were any additional incentives or discounts related to BCV before I closed the deal. He said no. I took him at his word and added on at the $106 rate. I'm comfortable with the purchase. Gives me 87% of one more mid week day at Spring Break. :rotfl::rotfl:

[pinnocchiosdad]

If they realy wanted to give sales a shot in the arm they should drop the financing rates. You can get a home mortgage for about 5%. DVC charges 10.75% for there financing/mortgages. This is disgusting.

[tjkraz]

Yeah.. If that's the news, why would the guides advise people to wait?

MG

I've said this before and I'll say it again--I don't think Guides really did have any knowledge of changes coming. There was a staff meeting about a week ago and they may have told people to wait on the basis of "just in case." But I really don't think there was any hard evidence of major changes coming.

In another thread someone mentioned receiving a post card promoting HHI and VB purchases as "$35 off of BLT." HHI and VB are currently selling for $80 per point and BLT for a net of $115--that's the $35 price differential. I doubt that DVC would have sent out such a mailing if there were BLT price adjustments coming in the near future.

If they realy wanted to give sales a shot in the arm they should drop the financing rates. You can get a home mortgage for about 5%. DVC charges 10.75% for there financing/mortgages. This is disgusting.

Sure it is high but I doubt it has a huge negative impact on sales. People who can arrange their own financing are certainly welcome to do so. I suspect folks who would borrow $20K at 11% don't give a whole lot of consideration to the amount of interest they pay in the long run.

DVC may lose some sales due to the high rate but I suspect it's more than justified by the amount of sales they actually DO close at 11%.

I sure hope there is bigger news coming...:confused3 Why doesn't DVC add things to the sales incentives that cost little to nothing for them? For example fast passes, more discounts with the membership card, preferred booking, etc. They really could get more creative with their sales tactics that would generate revenue on the back end.

None of those things are truly free. DVC has to compensate other Disney business units for FastPasses, the AP discounts and some other discount programs. Unless the establishment is willing to provide a discount to DVC members at no charge (like Wolfgang Puck's giving meal discounts), there is usually a charge to DVC.

[pinnocchiosdad]

Sure it is high but I doubt it has a huge negative impact on sales. People who can arrange their own financing are certainly welcome to do so. I suspect folks who would borrow $20K at 11% don't give a whole lot of consideration to the amount of interest they pay in the long run.

DVC may lose some sales due to the high rate but I suspect it's more than justified by the amount of sales they actually DO close at 11%.

I have always said that DVC does not pay if you finance. But, I am in the boat for those paying 10.75% for the next ten years. DVC is an emotional purchase. Disney knows this.

[Maistre Gracey]

I have always said that DVC does not pay if you finance.
Not to change the topic, but I disagree. If someone waits until they can pay in full, in the mean time they are paying CRO rates for rooms. In addition, the DVC prices are increasing.
Add those two together, and that will pay for a lot of finance charges.

There are several other reasons I feel financing is fine in many situations, but I'll save it for another thread.

MG

[Mickey'sApprentice]

[QUOTE=hakepb;35692677Wow, $115/point for the WDW resort with the highest MF's, BWV, and tied for the shortest term contract (2042)!

[/QUOTE]

I guess its a good thing that BWV is an awesome resort!

[lulu2]

I spoke with our guide again tonight and now she said that they had a meeting today. She confirmed (what we have all heard) that the prices of the 4 sold out resorts will definately go up on Sunday. She also said that any "new incentives" will not be released on Sunday but most likely somewhere between March 13-17. So let the waiting begin:sad2:.

[marynvince]

If they realy wanted to give sales a shot in the arm they should drop the financing rates. You can get a home mortgage for about 5%. DVC charges 10.75% for there financing/mortgages. This is disgusting.

there is nothing disgusting about charging more in financing for a luxury purchase.

[Sandisw]

I was told the same thing...if a better deal comes arould my guide will rewrite the contract for me. Is that true if I sign and mail the contracts back? He also said that as the time passes the incentives get worse. The first time we came in we could have bought GCV at $104/pp and got a $3500 gift card...and then the next time it was the same price with 2 premium annual passes...now all I get is $15 off $112 and a blue binder that doesn't close and 2 red hats...no tote!

He did mention Aulani going to be released for sale but he believes it will be a higher price point...he seems to think if there will be new incentives it will be for Hawaii...

Disney has allowed owners to have the contracts re-written if new incentives come out before the contract closes, even after papers have been signed and sent back.

That is what I did last year. I was lucky as my guide got it pulled the day before it was set to close. I ended up getting BLT for $96/ppt instead of paying $105 and getting SSR developer points.

If you have your papers now, I might hold off a few days before sending them back. Once you sign, they can't close the contract for at least 10 days (your rescind period).

When I did my 2nd add on in June, I also asked if they could wait a month to bill my CC for the balance of the contract--this helped push the closing back a whole month. I was hoping BLT incentives would get better than what I had locked in.

[pinnocchiosdad]

there is nothing disgusting about charging more in financing for a luxury purchase.

Maybe luxury= high interest rates in your world, but not in mine. $120 for BLT is the price of luxury, not 10.75% interest. Would you expect your bank to charge you a higher interest rate for a MERCEDES loan than for a FORD? I hope not.

[pinnocchiosdad]

I spoke with our guide again tonight and now she said that they had a meeting today. She confirmed (what we have all heard) that the prices of the 4 sold out resorts will definately go up on Sunday. She also said that any "new incentives" will not be released on Sunday but most likely somewhere between March 13-17. So let the waiting begin:sad2:.

Is it just me, or do you have to be crazy not to buy resale? If you do not now what I mean click on the TIMESHARE STORE logo at the top of the screen and scroll through their listings.

[dizfan]

Maybe luxury= high interest rates in your world, but not in mine. $120 for BLT is the price of luxury, not 10.75% interest. Would you expect your bank to charge you a higher interest rate for a MERCEDES loan than for a FORD? I hope not.

When the economy crashed, the company that used to buy the mortgages from Disney stopped doing business with them.
I'm not sure if things have changed, but The Timeshare Store also had no one interested in financing timeshares for awhile.

I suspect that's part of the reason for the high interest rate.

[BWV Dreamin]

DVC packaged these "securitized" loans and sold them to other lenders for a nice fee. When the banking industry collapsed these loans stayed with Disney, thus creating a huge profit loss. Increasing rates is what happened industry wide , not just with Disney. Mortgage rates and timeshare loan rates are not the same. There are reasons why the rates are different.

[keishashadow]

I have always said that DVC does not pay if you finance. But, I am in the boat for those paying 10.75% for the next ten years. DVC is an emotional purchase. Disney knows this.

so sayeth my mr who insisted i "gasp" save up cash to buy into DVC:eek:and for all add-ons

once you buy in small via resale, it's not difficult to add on directly thru DVC if the additional resales you're interested in don't come up on the maket.

Is it just me, or do you have to be crazy not to buy resale? If you do not now what I mean click on the TIMESHARE STORE logo at the top of the screen and scroll through their listings.

i hate to pay full price for anything vacation related, including DVC

[lulu2]

Is it just me, or do you have to be crazy not to buy resale? If you do not now what I mean click on the TIMESHARE STORE logo at the top of the screen and scroll through their listings.

So, I'm not sure if this was directed to me? But, we are looking for a 80 point add on at VGC and I a haven't seen to many of these resale. It also does not appear to be an advantage to buy resale vs. direct for VGC with a June UY.

I do know how to scroll through the resale website:thumbsup2

[Tiger926]

Is it just me, or do you have to be crazy not to buy resale? If you do not now what I mean click on the TIMESHARE STORE logo at the top of the screen and scroll through their listings.

It has nothing to do with crazy if there is no contract that fits your needs. Saving money is all fine and dandy, but if there is no contract in which to save money on, that's a moot point. :thumbsup2

We wanted a very small add-on of 60 points and it had to be our same use year of June at either SSR or AKV. Sure there were some great contracts over at TSS, especially for SSR, but nothing for 60 points with a June use year. We waited months, and nothing was available and we needed those points. It made no sense to buy a bigger contract as we didn't need those points, so, we added-on with Disney @ AKV. I had noticed that AKV prices had crept up a bit too, so there wasn't a huge difference between resale and Disney over the life of the contract. We had our points within hours, got last year's points and June use year. Perfect package for us!

So, for us, there was no suitable contract and we didn't want to wait a year as that would mess up our vacation plans (we had already been looking for at least 6 months and nothing came up).

Just another side of the coin for you, Tiger :)

[gkrykewy]

When the economy crashed, the company that used to buy the mortgages from Disney stopped doing business with them.
I'm not sure if things have changed, but The Timeshare Store also had no one interested in financing timeshares for awhile.

I suspect that's part of the reason for the high interest rate.

No - Disney's rate was 10+% even at the peak of the credit bubble (2006/07).

Is it just me, or do you have to be crazy not to buy resale? If you do not now what I mean click on the TIMESHARE STORE logo at the top of the screen and scroll through their listings.

Disney can often be a better deal after considering closing costs, particularly for smaller contracts. Factoring in the ability to match your use year, get your points instantly, and often get the prior year's points without having to pay maintenance fees on them, Direct can actually be a no-brainer.

[pinnocchiosdad]

So, I'm not sure if this was directed to me? But, we are looking for a 80 point add on at VGC and I a haven't seen to many of these resale. It also does not appear to be an advantage to buy resale vs. direct for VGC with a June UY.

I do know how to scroll through the resale website:thumbsup2

I meant no offense. The newer resorts are (BLT, VGC) not readily available on the resale market. I am refering to Disney asking $112 for resorts like BWV and BCV that have many resale listings in the $70-$80 range. If you are looking for a particular UY and number of points you may not have a choice other than buying direct from DVC. The sarcasm was directed at another poster. I thought it was obvious. Sorry.

[pinnocchiosdad]

No - Disney's rate was 10+% even at the peak of the credit bubble (2006/07).

"Build it and they will come", charge it and they will pay. DVC mentality (it seems to work).

[nunzia]

Is it just me, or do you have to be crazy not to buy resale? If you do not now what I mean click on the TIMESHARE STORE logo at the top of the screen and scroll through their listings.

I bought resale for my first contract to get in the system. I paid closing costs and had to worry about ROFR. I bought from Disney for my VGC points..quick, no closing costs and since the resort is new you couldn't find it on resale. A few are showing up now, but they are either wrong use year/too many points and I would pay closing costs. Plus, at this time, resales on VGC seem to cost more than direct from Disney. It makses sense to buy from Disney for my add on. There are many many cases where resale is the best way to go, but there are also many cases where direct from Disney is.

[pinnocchiosdad]

Disney has a current incentive caled "magical beginings". Under the plan new purchasers can sell/rent Disney their first years points for $5 each. Magical for who?:confused3

[tammymacb]

For those debating from Disney VS resale, I can tell you, if you wait for the right contract to come along ( with the exception of BLT and GCV ) it's silly to buy from Disney.

I recently contacted my guide about a 3rd add on at HHI. I was told that the price had dropped to $80 per point. No closing costs.

It took a while to find the "right" resale contract but I did. I got my UY, the number of points I wanted with all 09 banked all 10 coming AND found out when the paperwork was sent in there were also some forgotten 08 points. The seller paid closing and I paid 10 MFs.

I got 150 points resale for about the same as I would have paid for 100 points from Disney.

I recently sold a 50 point BWV contract for $83 per point. With $400 added on in closing costs, the buyer paid $4550. At $106 from Disney, with no closing costs you'll pay $5300. At $116 :scared1: $5800. I'm sorry, but there are few instances ( for me ) that waiting a few months for finding the right resale/ROFR isn't worth more than $1000.

But, that's me.

[JenSop]

Yikes! So I read 13 pages of posts and couldn't read anymore!

My guesses:
-New incentives for bigger sales
-Hawaii resort announcement
-price increase

My wishlist:
-incentives on SMALL add-ons (25 points)
-better discounts (ie: park tickets)
-go back to old reservation system (I haven't walked a reservation yet, but just may do that in 2012 when I want a GV at AKV. With the old system, I would have just called day-by-day.)
-fast passes for DVC! (never gonna happen, but how cool would that be!)

[stopher1]

So I just got off the phone with my guide, (who in the various years we've dealt with one another tends to be a very good actress playing coy when I ask very direct, pointed questions about what I read in various online sources, including here - especially when she doesn't want to answer me) and she said, in her roundabout way, that she hasn't heard anything about BCV or BWV prices going up anytime soon, but she'd certainly ask around and see if she could find anything out for me. (Yeah, whatever).

I then asked her a variety of other questions, including about VGC and what the current incentives are there since she knows that we want more points there. The fun part was when (Nunzia and any others who want additional VGC points, this is for you) - she then dropped her voice to a barely audible whisper and continued to tell me that there will be a new round of incentives coming out late next week (confirming a pp's post about new incentives later on, not this Sunday) that will include better discounts than anything they currently offer on VGC to try and get that one closer to selling out. She talked about the meeting a couple of days ago and said that the managers running that meeting indicated VGC was more than 65% sold, and they want to move it to the finish line.

Obviously only time will tell, and guides are salespeople - but I do hope what she whispered to me is true, as we'd love to get some more points there once again.

[dizfan]

I then asked her a variety of other questions, including about VGC and what the current incentives are there since she knows that we want more points there. The fun part was when (Nunzia and any others who want additional VGC points, this is for you) - she then dropped her voice to a barely audible whisper and continued to tell me that there will be a new round of incentives coming out late next week (confirming a pp's post about new incentives later on, not this Sunday) [I]that will include better discounts than anything they currently offer on VGC to try and get that one closer to selling out. She talked about the meeting a couple of days ago and said that the managers running that meeting indicated VGC was more than 65% sold, and they want to move it to the finish line.

Obviously only time will tell, and guides are salespeople - but I do hope what she whispered to me is true, as we'd love to get some more points there once again.

If VGC is indeed 65% sold out, that would be the closest to sold out of the 4 resorts being actively sold.

It would make sense for Disney to want VGC as close to sold out as possible before the start selling Aulani (likely this fall). Fewer properties to sell makes it easier for the guides.

[dis-happy]

If VGC is indeed 65% sold out, that would be the closest to sold out of the 4 resorts being actively sold.

It would make sense for Disney to want VGC as close to sold out as possible before the start selling Aulani (likely this fall). Fewer properties to sell makes it easier for the guides.

They had originally expected it to be sold out by the time it opened....and now it's only a little more than half sold. Wow. I bet they'll be bumping up the incentives.

[stopher1]

If VGC is indeed 65% sold out, that would be the closest to sold out of the 4 resorts being actively sold.

It would make sense for Disney to want VGC as close to sold out as possible before the start selling Aulani (likely this fall). Fewer properties to sell makes it easier for the guides.

I have no way to know what % has been sold, but I agree with you, I think it will make selling Aulani more possible and easier all around once they have one less active resort in the mis.

[duck_widow]

I spoke with our guide again tonight and now she said that they had a meeting today. She confirmed (what we have all heard) that the prices of the 4 sold out resorts will definately go up on Sunday. She also said that any "new incentives" will not be released on Sunday but most likely somewhere between March 13-17. So let the waiting begin:sad2:.

Interesting, I have my contract on hold while I wait for the 'big announcement'. I emailed my guide today to make sure I'm ok to wait and he said he'd get back to me on 3/14, which is in line with your dates about. Hmm.

[dizfan]

No - Disney's rate was 10+% even at the peak of the credit bubble (2006/07).

What was rate that TTS mortgages were going for at the time?

If it was more than Disney's, it's more a sign that timeshares typicallly have high rates.
If it was less than Disney's, than there is a valid argument that Disney's rate is high.

Here's a link to a post Jamie from TTS made back in October. In the post, there is another lender who offers for 12.9%.
http://www.disboards.com/showthread.php?t=2312076

[duck_widow]

Interesting, I have my contract on hold while I wait for the 'big announcement'. I emailed my guide today to make sure I'm ok to wait and he said he'd get back to me on 3/14, which is in line with your dates about. Hmm.

My contract is for VCG by the way. My papers are signed and received. Better incentives would be great!!! Waiting and hoping...

[pinnocchiosdad]

What was rate that TTS mortgages were going for at the time?

If it was more than Disney's, it's more a sign that timeshares typicallly have high rates.
If it was less than Disney's, than there is a valid argument that Disney's rate is high.

Here's a link to a post Jamie from TTS made back in October. In the post, there is another lender who offers for 12.9%.
http://www.disboards.com/showthread.php?t=2312076

TTS does not offer financing.

[dizfan]

TTS does not offer financing.

They themselves do not, but they did have a company that would finance some contracts. Based on Jamie's post that I linked to, TTS did find another company to offer financing in October 2009. That company's rates are higher than Disney's rates.

[Maistre Gracey]

They had originally expected it to be sold out by the time it opened....and now it's only a little more than half sold. Wow. I bet they'll be bumping up the incentives.
I think it was us here on the Disboards that expected it to sell out that quickly, not DVC.

MG

[tjkraz]

They had originally expected it to be sold out by the time it opened....and now it's only a little more than half sold. Wow. I bet they'll be bumping up the incentives.

No, they didn't. Many DIS members speculated that it would sell out quickly and some Guides may have floated the idea based upon their own speculation.

DVC itself did not expect the resort to sell out within a couple of months. In fact they actually had concerns over how well DVC would be accepted out west as evidenced by the fact that they only built 50 villas. The Disneyland guest demographic is very different from WDW. Even if they had the land, Disneyland could never support thousands of DVC guest rooms the way that Walt Disney World does.

Additionally, I really don't understand why there is this perception that DVC should (or even would) slash prices just because they have inventory available. DVC has ONE CHANCE in fifty years to sell each of these resorts. Much better to maximize revenue from each property rather than to give them away at bargain basement prices...even if the trade-off is a slightly slower sales pace.

[corpcomp]

DVC has ONE CHANCE in fifty years to sell each of these resorts. Much better to maximize revenue from each property rather than to give them away at bargain basement prices...even if the trade-off is a slightly slower sales pace.


Correction, DVC has one chance to sell the resorts with profit as a startup - they then ROFR whatever they deem appropriate and resell at another profit, in this case about $30 a point for BCV based on what they have been buying back.

Raising prices is financially smart to get more spread in the resales.

It could be a lot worse. You could buy Vistana or any other non supported timeshare and lose 75% of your value when you try and sell.

[dis-happy]

No, they didn't. Many DIS members speculated that it would sell out quickly and some Guides may have floated the idea based upon their own speculation.

DVC itself did not expect the resort to sell out within a couple of months. In fact they actually had concerns over how well DVC would be accepted out west as evidenced by the fact that they only built 50 villas. The Disneyland guest demographic is very different from WDW. Even if they had the land, Disneyland could never support thousands of DVC guest rooms the way that Walt Disney World does.

Additionally, I really don't understand why there is this perception that DVC should (or even would) slash prices just because they have inventory available. DVC has ONE CHANCE in fifty years to sell each of these resorts. Much better to maximize revenue from each property rather than to give them away at bargain basement prices...even if the trade-off is a slightly slower sales pace.


I see what you're saying. However, they initially had limits on the number of points you could buy, as well as who and when people could buy at the outset. This says to me they expected a huge demand and were trying to spread out the sales. It didn't take long before they lifted all that, I assume in response to lower demand than expected. Honestly, I think they vastly underestimated the state of the CA economy.

The rest of my info (taken with a grain of salt of course) came from a chatty DVC salesman late at night...he was bored and we were talking. BLT was just opening up and I mentioned something about GCV and that's when he made several comments about how sales had not gone as expected and that they had fully expected a sell-out of GCV by then. Since the slant is usually positive by those in DVC, I assume it was truthful statement from his viewpoint (although possibly not fully informed).

They need sales to generate the money (cash plus loan qualifications) for Hawaii. I assume that much of the sales staff out west will be pushing Hawaii once GCV is sold out as well. "Only" 50 villas says to me they wanted it sold out quickly and to be done with it since other projects were coming out. I do agree though that selling DL to Californians is a vastly different undertaking, even as other timeshares in general have done well in CA (spoken as someone who grew in So. Cal.).

[stopher1]

"Only" 50 villas says to me they wanted it sold out quickly and to be done with it since other projects were coming out. I do agree though that selling DL to Californians is a vastly different undertaking, even as other timeshares in general have done well in CA (spoken as someone who grew in So. Cal.).

I'll echo these statements! I grew up there too, and a) Disneyland is a very different destination than the more "long-term" vacation kingdom found in Florida given the much, much larger day tripping AP base or the 2-day semi-local or neighboring state visitors and b) yes, so many other timeshare properties throughout the state have done well, quite well, through the years. Unfortunately for DVC - given the longer preliminary phases of planning and then actual development - just like BLT did, VGC opened in a down economy and sales have been slower than they more than likely anticipated. Between all of the schmaltzy advertising pieces about it being the first DVC next to the first Magic Kingdom, etc and only putting in 50 units (while at the same time building 200+ regular hotel rooms) says to me that the company wanted the best of both worlds - more cash guests for the hotel, and a quick sell out for DVC. Even if that quick sell out meant 6 months or a year to DVC, it still hasn't happened. And in order to move the inventory like so many other sellers, whether real estate, electronics, cars or clothing - they'll discount some of it in order to do so. They're still making a large profit, even if it is diminished somewhat thanks to the discounting.

[photobob]

Is it just me, or do you have to be crazy not to buy resale? If you do not now what I mean click on the TIMESHARE STORE logo at the top of the screen and scroll through their listings.

If I were buying right now resale would most definitely be my route.

[MommyBell08]

RESALE FOR LIFE!:worship:

[Brian Noble]

This says to me they expected a huge demand
...or they were trying to create a sense of scarcity amongst the die-hard fans.

[oct2014]

Maybe luxury= high interest rates in your world, but not in mine. $120 for BLT is the price of luxury, not 10.75% interest. Would you expect your bank to charge you a higher interest rate for a MERCEDES loan than for a FORD? I hope not.

Unfortunately, they do charge higher rates on second homes than primary residences. I think that is where the luxury comes into play. Many people need a car to live, but they don't need a vacation (or at least not in the same way:)).

Caroline

[DVCGeek]

I have no way to know what % has been sold, but I agree with you, I think it will make selling Aulani more possible and easier all around once they have one less active resort in the mis.

Especially an active resort that is relatively close to the new one, at least on the nearest mainland coast. FL vs. Hawaii is a LOT longer travel wise; so there could be a geographical component. In fact, my guide mentioned when I bought VGC that it would be a great place to springboard a night or two before going to Hawaii! Just speculating...

[tjkraz]

I see what you're saying. However, they initially had limits on the number of points you could buy, as well as who and when people could buy at the outset. This says to me they expected a huge demand and were trying to spread out the sales. It didn't take long before they lifted all that, I assume in response to lower demand than expected.

The initial restrictions were part of a contractual guarantee given to people who had purchased SSR and AKV points through the Disneyland sales center. Those buyers were guaranteed a 60-day window in which they could purchase points at the Grand Californian.

The 60-day window was upheld.

As for the minimum, my understanding is that was necessitated by the number of individuals who were given this guarantee. Even though they suspected the vast majority of buyers wouldn't take advantage of the 60-day window, they still had to be prudent and afford equal rights to every eligible member. In other words, they couldn't allow 5000 people (speculative) to purchase 500 points each simply because there aren't 2.5 million points available at the Grand Cal.

Once the 60 day window ended that cap no longer applied.

Selling the entire resort within a couple of months was a pipe dream. There's a reason it took 18 years for DVC to build its first resort in CA and for it being only 50 units.

[RickinPA]

DVC packaged these "securitized" loans and sold them to other lenders for a nice fee. When the banking industry collapsed these loans stayed with Disney, thus creating a huge profit loss. Increasing rates is what happened industry wide , not just with Disney. Mortgage rates and timeshare loan rates are not the same. There are reasons why the rates are different.

Umm, don't mean to be smart but this is not accurate. If Disney packaged and sold the "at risk loans," they were sold at a discount. If after the sale there was a default, or as you say collapse, it does not default back to Disney.

[RickinPA]

Maybe luxury= high interest rates in your world, but not in mine. $120 for BLT is the price of luxury, not 10.75% interest. Would you expect your bank to charge you a higher interest rate for a MERCEDES loan than for a FORD? I hope not.


There is a reason why Disney applies a 10.75% interest rate to their loans. RISK.

10.75% is the price you pay for risk not for luxury.

[Maistre Gracey]

There is a reason why Disney applies a 10.75% interest rate to their loans. RISK.

10.75% is the price you pay for risk not for luxury.
I don't think 10.75 is outrageous once you factor in the tax deduction.
For many people it comes out to 8% or less..

MG