Buy VGF2 now or wait?

[Dismom18]

Hi all, hoping for some advice as I am deliberating purchasing about 200 VGF2 as I love the resort and would primarily like to book 2 bedroom villas. I was all set to add on points with the current incentives but when I realized they were not providing the 2021 points, I began to wonder if it would be wiser/better value to wait until next year (as I have a December use year) and get the extra points?

 

[stlrod]

The incentives will not be better so I would purchase now.

 

[Dismom18]

Yes, I agree incentives will not be as good but if you factor in the additional points, wouldn’t that be a value of about 3000 or so? I guess my question becomes would they raise the prices that high so quickly?

 

[Her Dotness]

Remains to be seen how rapidly it sells, I think.

Generally speaking, waiting for resale prices to adjust may be the better move unless you're wanting perks and the blue card advantage.

You don't seem to be in any hurry, so why not wait and score a plummy resale deal?

 

[DVChris]

Next year the base price will be higher but the question is how much higher and will it offset the extra points that you will receive. Considering you can rent out GF points for about $20pp, it MIGHT be worth it to wait. The downside risk is that GF2 sells out before when you're thinking of buying next year. Sold out resorts command a much higher base price. If it were me, I would buy now.

 

[KAT4DISNEY]

If you wait to purchase next year you're still going to get the exact same points - Dec 22. There's no extra points to be had by waiting a year.

It's only going to be a guess for everyone but barring outside factors that might induce DVC to offer even larger incentives in the next year this will likely be the lowest it will be. If you're going to purchase VGF direct sometime in the next year then I'd say to go ahead now. If you don't care about or already have qualified membership and points then 200 points will probably be better resale and you might find those 2021 points.

 

[davidl81]

If you wait to purchase next year you're still going to get the exact same points - Dec 22. There's no extra points to be had by waiting a year.

It's only going to be a guess for everyone but barring outside factors that might induce DVC to offer even larger incentives in the next year this will likely be the lowest it will be. If you're going to purchase VGF direct sometime in the next year then I'd say to go ahead now. If you don't care about or already have qualified membership and points then 200 points will probably be better resale and you might find those 2021 points.

This is the correct answer. If you wait till say January you are getting the exact same points then if you were buying today but at a higher price (how much higher we don't know, but historically pre-sale offers have been the lowest price point on DVC sales short of the Covid stuff).

 

[Dismom18]

Remains to be seen how rapidly it sells, I think.

Generally speaking, waiting for resale prices to adjust may be the better move unless you're wanting perks and the blue card advantage.

You don't seem to be in any hurry, so why not wait and score a plummy resale deal?

I bought BLT resale less than a year ago and I find that the resale points don’t “play” nicely with my direct RIV points. I’m the only one in my family that loves VGF (my family prefers BLT) and with the current incentives being so attractive the temptation of addonitis hit

 

[CmdrThor]

The only thing you would save is the 2022 pro-rated maintenance fees and whatever portion of 2023 that you didn't have to pay when you buy next year. At best that is going to be about $7 a point savings, but then you have to factor in buying now you are paying $186 a point for a 200 point contract. By 2023 I would expect the base rate to be $211+ and incentives probably a little less. The price could easily be $196+ a point for a 200 point contract which wipes out your maintenance fee savings. Additionally there's a reasonable chance VGF2 sells out completely by the end of the year and the price goes back to $250+ per point.

 

[GirlfromTN]

I have a Dec use year as well, and thought about waiting til sometime next year so I would avoid paying dues on the 2022 points (if you buy let's say in Jan 2023, you would get 2022 points immediately but not have to pay dues on those points, and then you'd get 2023 points in Dec 2023). I ultimately decided it wasn't worth it to wait, since I want to use points for a trip to VGF this year, and due to the risk of the base price increasing or incentives decreasing.

 

[sndral]

I have a Dec. use year & will pay a prorated 1 mo.s worth of MF for my 2022 points.
Those w/ use years that fall in pre opening months will pay prorated MFs based on when VGF2 opens - so roughly 6 months worth of MF. Those w/ use years after opening, like my Dec. will pay depending on use year, Sept. would pay 4 mo.s prorated, October 3 mo.s, etc.. QA told me that until VGF2’s official open date is set in stone they can’t even really calculate the exact MFs.
So for OP that’s 200 x $7.01 = $1400/12 = $116 or $.58 per point. The current incentive @ 200 points is $21 per point which brings the price per point down to $186. In my mind MFs for someone w/ a Dec. use year are a non factor. The big unknown is whether the VGF2 price next year for the 200 points OP wants will fall below $186 in the future.
My crystal ball is broken, so I can’t predict whether the price will drop or not, I just remember deciding to wait w/ VGF1 & the price never dropped & it sold out before I jumped in. I did end up buying resale points @ $10 per point below the initial direct price, but was very lucky to get them @ that price in my use year.

 

[GirlfromTN]

I have a Dec. use year & will pay a prorated 1 mo.s worth of MF for my 2022 points.
Those w/ use years that fall in pre opening months will pay prorated MFs based on when VGF2 opens - so roughly 6 months worth of MF. Those w/ use years after opening, like my Dec. will pay depending on use year, Sept. would pay 4 mo.s prorated, October 3 mo.s, etc.. QA told me that until VGF2’s official open date is set in stone they can’t even really calculate the exact MFs.
So for OP that’s 200 x $7.01 = $1400/12 = $116 or $.58 per point. The current incentive @ 200 points is $21 per point which brings the price per point down to $186. In my mind MFs for someone w/ a Dec. use year are a non factor. The big unknown is whether the VGF2 price next year for the 200 points OP wants will fall below $186 in the future.
My crystal ball is broken, so I can’t predict whether the price will drop or not, I just remember deciding to wait w/ VGF1 & the price never dropped & it sold out before I jumped in. I did end up buying resale points @ $10 per point below the initial direct price, but was very lucky to get them @ that price in my use year.

My guide told me I would pay MFs from when the new rooms open (expected June). I have a Dec use year. Are you sure you only pay 1 month of fees for the 2022 points? I asked several times and was told I would be charged around 6 months of MFs.

 

[KAT4DISNEY]

My guide told me I would pay MFs from when the new rooms open (expected June). I have a Dec use year. Are you sure you only pay 1 month of fees for the 2022 points? I asked several times and was told I would be charged around 6 months of MFs.

Dec UY will only pay 1/12th from the time the first points are received which is 12/1/22.

When you purchase direct the pro-rated dues are calculated on the latest of the following:
1 - the date the resort opens
2 - the date your unit is available for occupancy
3 - the date you receive your first points

Presumably all units declared will be available for occupancy when the resort opens so VGF2 buyers will be based either on date the resort opens or date they receive their points - whichever is later. So December UY's will be the later - 12/1/22.

The basis is that dues are paid on a calendar year not a UY.

 

[sndral]

My guide told me I would pay MFs from when the new rooms open (expected June). I have a Dec use year. Are you sure you only pay 1 month of fees for the 2022 points? I asked several times and was told I would be charged around 6 months of MFs.

Well, one of our guides was wrong I was on the phone about another matter w/ QA yesterday & the QA guy said 1 mo. only as well.

 

[KTownRaider]

Well, one of our guides was wrong

I find that the collective information shared on this board invaluable- and often better than my particular guide. Don't get me wrong, I like my guide, but my guide said I could get 'favorite weeks' under 150 pts- which got me excited for a brief minute- only to have them later confirm what I already knew days earlier from here.

 

[SG131]

From what I read, Disney was processing a LOT of contracts on VGF2. It seems to be selling very well, so I wouldn't expect to see incentives nearly as good as these again.

 

[GirlfromTN]

Well, one of our guides was wrong I was on the phone about another matter w/ QA yesterday & the QA guy said 1 mo. only as well.

Makes me feel a bit better about not getting any 2021 points then - at least I won’t be paying much as far as MFs go for the 2022 points! Wonder why my guide was so insistent that I would pay around 6 months of MFs.