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View Full Version : VGC Slim Availability?


Chereya
03-21-2012, 05:50 PM
I checked into TSS, dvcbyresale and Fidelity. It looks as though resales of VGC are very hard to come by. Anyone else looking to buy at VGC?

cmwade77
03-21-2012, 06:01 PM
We own there and are not about to give it up, I would imagine many others are in the same boat.

Really, having this gives me the ultimate in flexibility. I am able to book there at 11 months out; however, because of this fact I have had several DVC members at other resorts offer to essentially rent points for their home resort in exchange for ours, if I wanted to book there at 11 months out (in other words, I would book a reservation for them and they would book for me, both of us renting our points to the other with no money changing hands). This basically means that I can still get some of the coveted reservations at other resorts, if I so choose. That being said, we haven't needed to take anyone up on that yet, but it is nice to know that we have that added flexibility, if needed.

Chereya
03-21-2012, 08:24 PM
We own there and are not about to give it up, I would imagine many others are in the same boat.

Really, having this gives me the ultimate in flexibility. I am able to book there at 11 months out; however, because of this fact I have had several DVC members at other resorts offer to essentially rent points for their home resort in exchange for ours, if I wanted to book there at 11 months out (in other words, I would book a reservation for them and they would book for me, both of us renting our points to the other with no money changing hands). This basically means that I can still get some of the coveted reservations at other resorts, if I so choose. That being said, we haven't needed to take anyone up on that yet, but it is nice to know that we have that added flexibility, if needed.

Yes, this is also why I would like to own there as well. Are they still selling direct from Disney? There are only 3 resale contracts up that I have seen today and none have enough points to be useful for when I want to travel in 2013.

JimmyJam838
03-21-2012, 08:28 PM
They still are. Last I heard they were putting people on a waitlist, but not sure if that is still the case.

Homemom
03-21-2012, 08:41 PM
Yep, waiting to see if Disney will let us buy one, they ROFR'd our first two attempts. :worship:

Breyean
03-21-2012, 09:49 PM
Yep, waiting to see if Disney will let us buy one, they ROFR'd our first two attempts. :worship:

Man, I didn't know you got ROFR'd a second time like I did. I know just how you feel.

I finally gave up and bought direct. Actually, we bought in two different stages to spread out the cost a little.

I wish you all the luck. We've already used those points for 1 trip there and have 2 more scheduled for this year. Maybe we'll run into each other some day!

Chereya
03-21-2012, 09:51 PM
Man, I didn't know you got ROFR'd a second time like I did. I know just how you feel.

I finally gave up and bought direct. Actually, we bought in two different stages to spread out the cost a little.

I wish you all the luck. We've already used those points for 1 trip there and have 2 more scheduled for this year. Maybe we'll run into each other some day!

JimmyJam mentioned a waitlist. When did you buy your points direct? Is there a waitlist currently?

Pilotdog
03-21-2012, 10:31 PM
What was your point cost that Disney ROFRed you? I have a 50 point contract that just went to ROFR at VGC. It is our first DVC contract and we wanted to start small. Oh we offered $97 per point as these small contracts seem to go fast and it was still less then Disney wants.

Homemom
03-21-2012, 10:40 PM
What was your point cost that Disney ROFRed you? I have a 50 point contract that just went to ROFR at VGC. It is our first DVC contract and we wanted to start small. Oh we offered $97 per point as these small contracts seem to go fast and it was still less then Disney wants.

$85 & $88. Maybe the $90 will go through.

Homemom
03-21-2012, 10:44 PM
Man, I didn't know you got ROFR'd a second time like I did. I know just how you feel.

I finally gave up and bought direct. Actually, we bought in two different stages to spread out the cost a little.

I wish you all the luck. We've already used those points for 1 trip there and have 2 more scheduled for this year. Maybe we'll run into each other some day!

We checked into direct on our trip to DL in January, but we never made it through the whole tour. The guide was awful and insulting, she said our debating on going the resale route was dumb and went so far as to call my DH stupid. We instantly left the tour and decided we would never buy direct. We thought we'd give resale one more try. Maybe the third time will be a charm!

Breyean
03-21-2012, 11:32 PM
We were on a wait list - twice. In fact, we went back on it a second time before we even got our first batch of points because they were raising the price.

We paid $120. I think it's now $130. We figured enough was enough since we knew we wanted to do a couple of trips this year (including the 1/2 Marathon in Sep) and the waiting only to get ROFR'd was making it impossible to get a reservation for that. So the extra $20 or so per point we figured we had the extra vacations last year and this.

I don't know if there's currently a wait list, but I'm guessing there is since they are still ROFRing resales.

The best was when we bought the second batch, we never even heard from our guide. We found out one day by looking at our on line account and just saw the points were there.

There was a reason, I think. Our guide was mad at us. We had bought Aulani on a cruise last year, but when they had the issue with the MFs, they offered to buy back the contract, including interest. So, even though it was months later, we decided to sell them Aulani and use that $$ for VGC. Plus we got to keep the $500 gift card they gave us for buying Aulani. PLUS we had used a bunch of Aulani points for another vacation we had already taken, and they just waived those. I understand Hawaii made them do that. So even though we had bout 160 points, we only had a fraction of that left for the first UY and we got that vacation free.

Of course, our guide lost his commission on that sale...

taaren
03-21-2012, 11:45 PM
There was a reason, I think. Our guide was mad at us. We had bought Aulani on a cruise last year, but when they had the issue with the MFs, they offered to buy back the contract, including interest. So, even though it was months later, we decided to sell them Aulani and use that $$ for VGC. Plus we got to keep the $500 gift card they gave us for buying Aulani. PLUS we had used a bunch of Aulani points for another vacation we had already taken, and they just waived those. I understand Hawaii made them do that. So even though we had bout 160 points, we only had a fraction of that left for the first UY and we got that vacation free.
Of course, our guide lost his commission on that sale...
Wow, what a great deal! Kinda makes me wish I'd bought some Aulani points before so I could give the contract back! :lmao:

OP - Yes, VGC offerings are slim because there's not nearly as many points/owners as there are at other resorts ... I'm not shopping atm but I do like to keep an eye out just in case we end up with some extra cash somehow and I find a contract I can't resist. :rolleyes1
Last I'd heard there was still a wait list (though I'm not sure if that was for all UY or just some) though people's names seem to be coming up more quickly now than they were a year ago. For the add-on we did, we got on the wait list for our UY (June), and then we saw a perfectly-sized contract on the resale market with a different year and we jumped on it, fortunately it was right after VGC sold out and before they were ROFRing contracts so we got it for $82/pp but I don't think one can buy resale for less than $90 now that Disney has people waiting. It might behoove you to get on the waitlist while you look for resale contracts, then your name will be higher on the list later if you decide to give up looking for resale. Or if your name comes up and you have already found a contract you like you can decline to buy or take your name off the waitlist when you find one.

Chereya
03-22-2012, 12:13 AM
OP - Yes, VGC offerings are slim because there's not nearly as many points/owners as there are at other resorts ... I'm not shopping atm but I do like to keep an eye out just in case we end up with some extra cash somehow and I find a contract I can't resist. :rolleyes1
Last I'd heard there was still a wait list (though I'm not sure if that was for all UY or just some) though people's names seem to be coming up more quickly now than they were a year ago. For the add-on we did, we got on the wait list for our UY (June), and then we saw a perfectly-sized contract on the resale market with a different year and we jumped on it, fortunately it was right after VGC sold out and before they were ROFRing contracts so we got it for $82/pp but I don't think one can buy resale for less than $90 now that Disney has people waiting. It might behoove you to get on the waitlist while you look for resale contracts, then your name will be higher on the list later if you decide to give up looking for resale. Or if your name comes up and you have already found a contract you like you can decline to buy or take your name off the waitlist when you find one.

Gosh, I wish I could be so bold as to join the wait list now but there's a few things currently in the way. ;) My DH is a huge penny pincher and I'm just starting to be able to get him to come around to the idea of owning DVC. I've been researching it on and off for years including back when VGC was first being offered. (Drat!) But we couldn't really justify the expense back then. We've moved states and sold and bought a new house all within the past year. DH got a much better paying job and we're hoping to get a nice bonus hopefully this summer. But I would only feel comfortable buying if the bonus was twice what the buy in cost is.

So we are trying to plan a trip for April 2013 which we basically just decided on and invited my DH parents to tag along. It would be 4-5 adults and 3 kids so we'd be needing a 2br Villa or book 2 standard GCH rooms. I priced out renting points for the villa vs booking 2 standard rooms and kinda feel like if I am going to spend the money anyway, I would rather put it towards DVC ownership. We usually only go once every 2-3 years so an entry size 160 point contract would be ok for banking/borrowing for us.

Trying to piece together an ideal theoretical situation...

If I want to be able to book April 2013, I need to call between May 2012 and Sept 2012 if I want to be in the 11 month window but before all the 7 month people? (Is that right?)

If I want to be able to have 3 years worth of points, I will need to have 2011 points banked into 2012 UY, and borrow the points from 2013 UY? (I hope I am understanding this, but if not someone will correct me ;) )

We used to go to DL in the Halloween season but with the kids getting older, I think we need to change our usual travel time to keep with the school schedule of a the week after President's Day or the 3rd week of April.

What UY would work out best considering that I would need to bank and borrow points and I probably won't have any bonus money until August?

I don't think I'd be able to find the right resale contract that would meet my needs and be able to close/process in time to make the res. I'm actually starting to feel kind of bummed because typing it all out, it seems like a lot of things have to fall into place. I'm not even confident that I'd be able to rent the points from someone because of the high owner demand. Ugh! Why didn't we have any money 3 years ago?? :sick:

Eileen36
03-22-2012, 01:05 AM
http://www.infoocean.info/avatar3.jpgI finally gave up and bought direct. Actually, we bought in two different stages to spread out the cost a little.

Longhairbear
03-22-2012, 03:49 AM
In hindsight we should have added VGC to our contracts, but at the time the economy took that huge fall and it scared us. We really wanted to add on there, but decided for our financial health not to at the time.
We are thinking about joining the waitlist for a contract at VGC, it's probably the only way to get one unless they build another DVC here.

bumbershoot
03-22-2012, 02:47 PM
We checked into direct on our trip to DL in January, but we never made it through the whole tour. The guide was awful and insulting, she said our debating on going the resale route was dumb and went so far as to call my DH stupid. We instantly left the tour and decided we would never buy direct. We thought we'd give resale one more try. Maybe the third time will be a charm!

Wow, what a guide! Glad ours wasn't like that. Then again, he's gone from DVC now, so....

DenLo
03-22-2012, 05:18 PM
We checked into direct on our trip to DL in January, but we never made it through the whole tour. The guide was awful and insulting, she said our debating on going the resale route was dumb and went so far as to call my DH stupid. We instantly left the tour and decided we would never buy direct. We thought we'd give resale one more try. Maybe the third time will be a charm!

I would write and complain about that guide. I don't care how hard it is to make sales that sort of conduct cannot be condoned.

Homemom
03-22-2012, 11:42 PM
I would write and complain about that guide. I don't care how hard it is to make sales that sort of conduct cannot be condoned.

We went straight back to the DVC desk at the GCH and got the appropriate phone number to call and make our complaint.

Quilter007
03-23-2012, 02:35 AM
It's all about perspective.....we just sold our VGC contract...but while we were waiting for that perfect buyer, it seemed like there were a MILLION other people selling all lower priced than us! :scared: We were just about to give in the towel when we got the phone call that there was a buyer at our asking price. So, keep looking! Maybe they'll announce DH Villas...popcorn::

Chereya
03-23-2012, 12:05 PM
It's all about perspective.....we just sold our VGC contract...but while we were waiting for that perfect buyer, it seemed like there were a MILLION other people selling all lower priced than us! :scared: We were just about to give in the towel when we got the phone call that there was a buyer at our asking price. So, keep looking! Maybe they'll announce DH Villas...popcorn::

I don't think they'll announce DH Villas anytime soon since the "official" word is that there are no plans to add any additional DVC to Disneyland.

DVC News (http://dvcnews.com/index.php/resorts/other--proposed-resorts/1896-iger-no-immediate-plans-for-new-disneyland-dvc)

DenLo
03-23-2012, 12:19 PM
We went straight back to the DVC desk at the GCH and got the appropriate phone number to call and make our complaint.

Good for you. :thumbsup2 How could that sales rep even think that would help her make a sale?

DebbieB
03-23-2012, 06:54 PM
I got a call yesterday from DVC saying that I have a new guide. I talked to her and mentioned that I was thinking of VGC at one time but decided against it. She said there is currently a waitlist and if I was interested to let her know.

She also mentioned that the hotel rooms will be available to book starting 4/1. I asked about the points chart for them and she said it would be released on the member website that day.

dclfun
03-24-2012, 06:20 PM
I decided to sell our 100 points at VGC and listed them for $88 a point. They sold the same day we listed them, AND they passed ROFR. I just got the check from the proceeds last week. We bought the points on the Magic and at the time the guide tried to push us to BLT's. I figured VGC's would be better if we ever needed to re-sell, just due to the lower amount of inventory there and I was right. I took one wonderful trip there before the repo cruise to Alaska on the Wonder- stayed 6 nights, and if not for the cancer I have now I'd be staying there again in late April ( cancelled that ressie awhile back). I've also been lucky to have just sold the 200 point contract we had at AKLV's for a price I'm happy with and there was a fair amount of banked points for the new buyer. It just went to ROFR today. Still keeping our OKW since we bought the first year it was for sale and we got them for such a low price. My kids will keep the points after I'm gone as we never want to give up being DVC members. Congrats to anyone getting the perfect resale contract and to us sellers who have no other recourse but to sell...and want to make another family as happy as we have been with our DVC! Keep looking- that perfect contract will show up for all of you!

Chereya
03-24-2012, 07:05 PM
I decided to sell our 100 points at VGC and listed them for $88 a point. They sold the same day we listed them, AND they passed ROFR. I just got the check from the proceeds last week. We bought the points on the Magic and at the time the guide tried to push us to BLT's. I figured VGC's would be better if we ever needed to re-sell, just due to the lower amount of inventory there and I was right. I took one wonderful trip there before the repo cruise to Alaska on the Wonder- stayed 6 nights, and if not for the cancer I have now I'd be staying there again in late April ( cancelled that ressie awhile back). I've also been lucky to have just sold the 200 point contract we had at AKLV's for a price I'm happy with and there was a fair amount of banked points for the new buyer. It just went to ROFR today. Still keeping our OKW since we bought the first year it was for sale and we got them for such a low price. My kids will keep the points after I'm gone as we never want to give up being DVC members. Congrats to anyone getting the perfect resale contract and to us sellers who have no other recourse but to sell...and want to make another family as happy as we have been with our DVC! Keep looking- that perfect contract will show up for all of you!

I'm sorry to hear about your fight with cancer but it sounds like you've got a positive attitude and are still able to enjoy Disney travel. :thumbsup2 I wish you the best!:grouphug:

dclfun
03-25-2012, 05:27 PM
I'm sorry to hear about your fight with cancer but it sounds like you've got a positive attitude and are still able to enjoy Disney travel. :thumbsup2 I wish you the best!:grouphug:

Thanks! We still have enough points to enjoy our DVC. I know it sounds nuts to be happy to sell something we were still using, but it's the best option for us now and my kids can always buy more points for their families if they decide they need more in the future. I truly AM happy to be passing along the two "extra" contracts to someone else and think often about all the fun they'll be having and the memories they'll be making. This turns the occasion into joy vs. pain.

Halefamilyof6
03-26-2012, 01:44 PM
Last time I checked there was a WL. We decided to buy in January and after some research, we knew we wanted VGC as our home resort - it makes more sense for our family.

They told us their was a WL and we were okay with that. Our biggest regret was that 330 points came available in the UY we wanted and we only took 210. Although our first trip is still 9 months away, I wish we would have taken all 330 points for our family of six.

I'm trying to talk hubby into putting our name on the WL for a December UY...but he's hesitant to do so at this point.

sparkhill
03-27-2012, 10:27 PM
There is a wait list at VCG, $130/point. Depending on what you are looking for, it sounds like it can take a few weeks to a few months to move to the top of list. You need to provide a credit card for a 10% refundable deposit, but they don't even charge the card. There are quite a few people on the wait list now, but who knows how many are actual buyers when the contracts become available.

Direct sales have become much more active over the past few months:
DVC Sales Stats (http://dvcnews.com/index.php/dvc-program/financial/dvc-sales-statistics)

Watching the listings, it appear the resales have crept into the $95 range, even without 2011 points. If you buy direct, you do get 2011 points as long as your use year is upcoming, i.e.: a February UY contract will have 2012, 2013, etc. points while an August UY contract will have 2011, 2012, 2013, etc. points. Maintenance fees on a direct purchase are pro-rated.

Depending on the structure of the deal (closing costs, 2011 points, maintenance fees) the gap between direct vs. resale seems to be closing pretty quickly. ROFR risk is way up at VGC, so I think less patient buyers might be better off buying direct at this time.

raftislander
03-28-2012, 07:15 PM
Yep, waiting to see if Disney will let us buy one, they ROFR'd our first two attempts. :worship:

Keeping my fingers crossed for you this time! The waiting is so hard popcorn::
Man, I didn't know you got ROFR'd a second time like I did. I know just how you feel.

I finally gave up and bought direct. Actually, we bought in two different stages to spread out the cost a little.

I wish you all the luck. We've already used those points for 1 trip there and have 2 more scheduled for this year. Maybe we'll run into each other some day!

Well at least you got the points one way or another.

I am a recent successful purchaser of a resale contract at VGC. My first offer was ROFR but the second one went through. Breyean and I were waiting buddies for a while. I made my sucessful offer in November and was finally in the system by the end of February. As other have mentioned , there is not as much inventory for VGC as the other resorts and the ones that do get listed are snapped up. So OP, here is my 2 cents:

1) check the listings frequently. Get new listings emailed to you. Having a smart phone helps so you can check your emails whereever you are. When you see a contract that fits your parameters - call right away!

2) be a little flexible about the parameters of your contract regarding points and use year. Dont buy more points than you can afford, but have a range that is acceptable. My range was 160-200 points. The first one (that was ROFR was for 160pts the second one (which I was sucessful on was for 200 points. Same with use year- I would take anything but December.

3) Try to get a good deal but remember what your primary goal is - are you trying to get the contract through ROFR or be the lowest purchase price on the "Who has passed ROFR thread. My first offer was for $85 (ROFR) the second for $88 (passed). I knew that the first offer had, at best, a 50/50 chance of passing. Now no one is going to say "WOW what a steal" at my sucessful price, but it is a substantial savings off the direct price. I am happy because my goal was to get into DVC at less than the direct price. I think that it is easier for people who already own DVC to try for the really low prices, because if their offer is ROFR'd , they can still book vacations with their other points.

Good Luck!

sparkhill
03-28-2012, 09:34 PM
3) Try to get a good deal but remember what your primary goal is - are you trying to get the contract through ROFR or be the lowest purchase price on the "Who has passed ROFR thread. My first offer was for $75 (ROFR) the second for $78 (passed). I knew that the first offer had, at best, a 50/50 chance of passing. Now no one is going to say "WOW what a steal" at my sucessful price, but it is a substantial savings off the direct price. I am happy because my goal was to get into DVC at less than the direct price. I think that it is easier for people who already own DVC to try for the really low prices, because if their offer is ROFR'd , they can still book vacations with their other points.

I will say it... Wow, what a steal (at least compared to the current pricing). It gives me hope that a resale might work out. I think you are correct about current owners having more flexibility than first timers.

raftislander
03-29-2012, 12:13 AM
I will say it... Wow, what a steal (at least compared to the current pricing). It gives me hope that a resale might work out. I think you are correct about current owners having more flexibility than first timers.

Hmm...Maybe because I typed it wrong :rotfl2: Whoops...Add $10 to each price $85 (ROFR'd) and $88 (passed) :rolleyes: Sorry about that....

Breyean
03-29-2012, 09:25 AM
Keeping my fingers crossed for you this time! The waiting is so hard popcorn::


Well at least you got the points one way or another.

I am a recent successful purchaser of a resale contract at VGC. My first offer was ROFR but the second one went through. Breyean and I were waiting buddies for a while. I made my sucessful offer in November and was finally in the system by the end of February. As other have mentioned , there is not as much inventory for VGC as the other resorts and the ones that do get listed are snapped up. So OP, here is my 2 cents:

1) check the listings frequently. Get new listings emailed to you. Having a smart phone helps so you can check your emails whereever you are. When you see a contract that fits your parameters - call right away!

2) be a little flexible about the parameters of your contract regarding points and use year. Dont buy more points than you can afford, but have a range that is acceptable. My range was 160-200 points. The first one (that was ROFR was for 170pts (175?) the second one (which I was sucessful on was for 200 points. Same with use year- I would take anything but December.

3) Try to get a good deal but remember what your primary goal is - are you trying to get the contract through ROFR or be the lowest purchase price on the "Who has passed ROFR thread. My first offer was for $75 (ROFR) the second for $78 (passed). I knew that the first offer had, at best, a 50/50 chance of passing. Now no one is going to say "WOW what a steal" at my sucessful price, but it is a substantial savings off the direct price. I am happy because my goal was to get into DVC at less than the direct price. I think that it is easier for people who already own DVC to try for the really low prices, because if their offer is ROFR'd , they can still book vacations with their other points.

Good Luck!

I'd make one additional suggestion. CALL the resales sites and make sure they know what you're looking for and how serious you are.

I made offers on 3 different VGC contracts using Sharon at Fidelity and each time she called me as soon as the listings came in, before they were posted on their site.