your guess for date of first gfv resale?

Discussion in 'Purchasing DVC' started by MIALIAS, Jun 10, 2013.

  1. ELMC

    ELMC DIS Veteran

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    So just to be clear, you are going to tie up close to $30,000 and risk losing a decent chunk of it just to get one free vacation? This plan is awful. You have no guarantees that direct prices will be $180, you have no guarantees that you will be able to get $145 resale, you didn't account for the commission, and there are probably a dozen other things that could go wrong. Nobody should do this, it is a very bad plan.
     
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  3. crisi

    crisi DIS Veteran

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    People did that with SSR. They were getting a year worth of "free" points as a promotion, so they had three years of points, took a large family reunion type of vacation, and sold a stripped contract. As long as they timed it pre-market crash, it worked pretty well. Those that weren't lucky had their shirts handed to them.
     
  4. nalajms

    nalajms DIS Veteran

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    This makes no sense. :confused3 Why would someone rent this reservation at 11.76 per point? Considering that most places at WDW are booked and that it's VGF, I would think it would rent at a premium.

    The only thing I can think of is they have a Feb/Mar UY and they borrowed the points. Even then, they could rent it out for stays before it expires at $13!
     
  5. DizBub

    DizBub Totally Addicted

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    I have no clue either. If that were me I would have charged at least $15pp.

    I should have mentioned that it's a studio. 3 nights = 68 points. People with a Feb UY will not get their 2013 points. April UY and forward are the only ones getting 2013 points.
     
  6. ELMC

    ELMC DIS Veteran

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    No everyone is concerned with getting the maximum value for their points. Also, not everyone is informed, knowledgeable or motivated enough to extract maximum equity from their rentals. Many buyers completely disregard buy in costs when calculating the true cost of DVC, which leads to some pretty skewed financial analyses. The decisions made based on these analyses appear to be even more bizarre. This person is most likely looking for a quick deal. They are receiving $6 per point above their maintenance fees which is obviously enough for them. The fact that it's a great deal will most likely lead to it being snatched up quickly, which is what the owner was probably trying to accomplish in the first place.
     
  7. BestDadEver

    BestDadEver New DVC Member

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    That's extremely risky if you ask me
     
  8. DVC4FUN

    DVC4FUN Mouseketeer

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    I have seen several at $15 a couple at $14 and one at $13.

    I would definitely be asking for the higher number. Especially considering the high buy in cost.
     
  9. geraghty

    geraghty Mouseketeer

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    I'd talk to those that bought the facebook IPO. It's not always a sure thing.
     
  10. MIALIAS

    MIALIAS Mouseketeer

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    So...here's a thread asking the question back.in june

    Turns out the answer november!
     
  11. KAT4DISNEY

    KAT4DISNEY Glad to be a test subject

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    Actually the first two VGF contracts to be seen resale happened back in the 3rd week of August. VGF had not even opened yet. They both sold within a few days.
     
  12. Breyean

    Breyean DVC Since '93

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    Yes, and the buyer closed on them about 3-4 weeks ago.
     

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