3 Changes Coming to DVC Rumor

[Pumbas]

I saw on a Social Media site that there are 3 big changes coming to DVC purchases. These changes are to take place on Jan. 6. The changes seem to focused on selling price per point. Pricing per point will be what Disney decides as "fair market" value.

 

[DizBub]

I saw on a Social Media site that there are 3 big changes coming to DVC purchases. These changes are to take place on Jan. 6. The changes seem to focused on selling price per point. Pricing per point will be what Disney decides as "fair market" value.

Rumor has it that the Poly will start selling at $180pp and we know that VWL, BCV and BWV will all go up to $155pp. I know that all the others are going up also...ranging from $5 to $25 per resort. That is supposed to happen Jan 6, 2015. No getting on the waitlist to secure the old price.

Changes are indeed coming.

 

[CarolMN]

I saw on a Social Media site that there are 3 big changes coming to DVC purchases. These changes are to take place on Jan. 6. The changes seem to focused on selling price per point. Pricing per point will be what Disney decides as "fair market" value.

Does that mean that they are going to negotiate individual purchases with buyers?

 

[supersnoop]

We know prices are going up and the Poly will begin previews. I have no idea what the third "fair market" rumor could even mean. Any actual information on that one?

 

[Minniesgal]

Must also mean a steep rise for VGF I somehow don't see how the Poly can be more expensive than the flagship resort.

 

[wdrl]

Must also mean a steep rise for VGF I somehow don't see how the Poly can be more expensive than the flagship resort.

BLT was more expensive than VGF for a long time, so there isn't any reason why PVB can't be priced higher than VGF. I don't think the concept of "flagship resort" comes into play when DVD prices its resorts.

 

[disneynutz]

Rumor has it that the Poly will start selling at $180pp and we know that VWL, BCV and BWV will all go up to $155pp. I know that all the others are going up also...ranging from $5 to $25 per resort. That is supposed to happen Jan 6, 2015. No getting on the waitlist to secure the old price.

Changes are indeed coming.

GREED...

Might be the reason that DVD has increased their ROFR, they intend to increase prices to make selling the sold out resorts more profitable.

Bill

 

[Minniesgal]

GREED... Might be the reason that DVD has increased their ROFR, they intend to increase prices to make selling the sold out resorts more profitable. Bill

Yeah I'm thinking we are done buying

 

[bigtony777]

So glad we bought our resale at the end of 2011. Prices have increased so much since then. Will any of you be tempted to sell out if resale prices go up another $20 per point?

 

[DizBub]

So glad we bought our resale at the end of 2011. Prices have increased so much since then. Will any of you be tempted to sell out if resale prices go up another $20 per point?

Nope.

 

[DonnaL]

While we still love our DVC as our "home away from home" there have been so many changes over the years with continued growth....most of which have not been for the good. So, I would have to say if the trend continues with rising prices.....but a decrease in the level of maintenance, etc ...that yes, we would consider selling our points. It would be a very difficult decision for us since our retirement plans did totally involve using our DVC for at least six weeks during the winter months.....and we've already decided with continued increase of costs we probably will not buy more points to give us that six weeks on Disney property but mostly likely use the points we have for two weeks and rent somewhere else close to property for the remaining four weeks. But, we may even reconsider those thoughts in the next few years.

 

[rmcildw2m]

I will for sure sell my bcv contract and maybe buy something cheaper if resale does go up 20 a point .

 

[Pumbas]

I think these price increases will push more buyers to resale. Today, I was chatting with a former DVC sales rep (as of this fall left Disney). She said the reason for the price increases is to push more people to buy Aulani since sales were down. Aulani offers more incentives. As a buyer, I would discouraged purchasing direct. The wait list can be long (I heard greater thane 6 months) & the significant difference in price. Not only is the price per point higher the annual dues increased a bit more than expected for many resorts.

 

[Pumbas]

I think these price increases will push more buyers to resale. Today, I was chatting with a former DVC sales rep (as of this fall left Disney). She said the reason for the price increases is to push more people to buy Aulani since sales were down. Aulani offers more incentives. As a buyer, I would discouraged purchasing direct. The wait list can be long (I heard greater thane 6 months) & the significant difference in price. Not only is the price per point higher the annual dues increased a bit more than expected for many resorts.

I believe this upcoming increase is to prepare for Poly sales.

 

[WilsonFlyer]

I saw in another thread this morning where someone was implying that we see things basically through rose-colored glasses here on the DVC section of the DIS. That's not necessarily untrue. More times than not, most of us are on or very close to the same page when it comes to things DVC.

The point I'm trying to make is that we take the resale market for granted. What do I mean? We know it exists. I would be willing to bet an inordinate amount of money that fully 90% of the people that see DVC sales presentation never knew (or know) that a "resale market" even exists. Further, I'd bet you that better than 75% of current owners do not know it exists.

DVC thrives and gloats on the ignorance of the buying public. They count on it. That, my friends, is why they can do what they want when they want to do it. Period.

That's why they've never negotiated price. It's the our way or the highway mentality... and it WORKS. Witness the DVC sales registered at the Orange County Registrar's office just last month.

 

[DizBub]

Great post WilsonFlyer!

Rose-colored glasses indeed. It's called knowledge.

 

[disneynutz]

I saw in another thread this morning where someone was implying that we see things basically through rose-colored glasses here on the DVC section of the DIS. That's not necessarily untrue. More times than not, most of us are on or very close to the same page when it comes to things DVC.

The point I'm trying to make is that we take the resale market for granted. What do I mean? We know it exists. I would be willing to bet an inordinate amount of money that fully 90% of the people that see DVC sales presentation never knew (or know) that a "resale market" even exists. Further, I'd bet you that better than 75% of current owners do not know it exists.

DVC thrives and gloats on the ignorance of the buying public. They count on it. That, my friends, is why they can do what they want when they want to do it. Period.

That's why they've never negotiated price. It's the our way or the highway mentality... and it WORKS. Witness the DVC sales registered at the Orange County Registrar's office just last month.

That's the attitude that I see also. Sadly they seem to think that they can do what they want also in other aspects of ownership and that they expect just to take it. I guess that they are correct so why change?

Long telephone hold times, websites that don't always work with limited functionally (should be able to modify a reservation without calling), rooms that aren't cleaned, inspected or maintained properly, and refurbishments that have lost the resort theming.

For some reason we tend to make excuses for Disney, "it's a timeshare", "no big deal, I will clean the room myself", "December is a busy booking time so long telephone hold times are expected", "the website site offers more than it did a few years ago".

I really don't see why this is acceptable to the owners but I guess when the CM's say that they are sorry and that this has never happened before, we believe them.

Bill

 

[cheerdad]

Will this drive up the price of resales?

 

[WilsonFlyer]

Will this drive up the price of resales?

Perception is everything. The very fact that you'd ask this question should answer your own. I don't see how it could help it. It's certainly going to have an effect. Only how much remains to be seen.

 

[SpaceMountain77]

rooms that aren't cleaned, inspected or maintained properly, and refurbishments that have lost the resort theming

These are my two main concerns, which keep me from adding additional points.