Called about buying VGF direct and only Feb use year for sale

[PinkPixel]

Having been lurking on purchasing DVC for 2 years and finally called back after reading about incentives at VGF on Facebook groups. I submitted a request for info online and when I got a call from a rep the incentives per point were I think in the high $170s, not the $150 I had read bouncing around. Also, I requested an Oct use year and was told they’re only selling Feb. I asked if they would send me an email breaking down the discussed offer but never received anything.

So then I see an October 50 point resale contract at Vero Beach and wonder if I’m better off buying something tiny like that in my preferred use year and adding on directly two contracts of 75 points each at VGF and then using the other 50 to add and additional night or two or at a different resort at 7 months for a split stay etc

Lastly, does anyone have a spreadsheet breaking down the analysis of cost for VGF for the life of contract vs staying cash in different rooms types at the resort.

Thanks for any info!

 

[LittleBitGoofy]

VGF direct right now can get down to $161/pt with 150 points for current members. Pricing is a little better if you already own DVC. I haven't seen anything into the $150s though. Incentives + Welcome Home promo for an upcoming trip + Magical Beginnings, those are the current deals happening.

Careful about VB. High dues. Investigate that more. Also, push back on the UY you want. Just say what you're looking to buy is October UY, or you'll go do resale.

 

[Sandisw]

If you really want to buy direct and get an Oct UY, call your guide back, tell them that Oct UY works better for your times and travel and that if he/she can talk to a manager to get approval, you will buy.

I have never read one report in which someone wanted a preferred UY as a new buyer and get turned down. The guides will tell you that it might not be possible, will need special approval and such, and while they do always lead new buyers to specific UYs, if you are ready to buy direct with the current deal, ask the guide to make it happen for you!!

 

[JamieW]

Another thing about the "buy resale first" route - even if you submitted an offer today and got it accepted, the odds are not good that you would be in the DVC system by September 11, which is the date the current incentives expire. It might happen if everything goes perfectly, but how often does that happen?

If you're really interested in buying, I agree you should call Disney back and say "October or bust."

 

[PinkPixel]

VGF direct right now can get down to $161/pt with 150 points for current members. Pricing is a little better if you already own DVC. I haven't seen anything into the $150s though. Incentives + Welcome Home promo for an upcoming trip + Magical Beginnings, those are the current deals happening.

Careful about VB. High dues. Investigate that more. Also, push back on the UY you want. Just say what you're looking to buy is October UY, or you'll go do resale.

If you really want to buy direct and get an Oct UY, call your guide back, tell them that Oct UY works better for your times and travel and that if he/she can talk to a manager to get approval, you will buy.

I have never read one report in which someone wanted a preferred UY as a new buyer and get turned down. The guides will tell you that it might not be possible, will need special approval and such, and while they do always lead new buyers to specific UYs, if you are ready to buy direct with the current deal, ask the guide to make it happen for you!!

Thank you, he did say "maybe" it could be possible, but he didn't seem to be the one to want to do it. I was contacted by a Rep two years ago when I first contacted DVC and was interested solely in GFV but they weren't for sale at all and they only offered PVB or BRV. Should I reach out to that rep, she at least sent me the full info. But, she never contacted me after Big Pine Key was announced and began selling..

 

[PinkPixel]

Another thing about the "buy resale first" route - even if you submitted an offer today and got it accepted, the odds are not good that you would be in the DVC system by September 11, which is the date the current incentives expire. It might happen if everything goes perfectly, but how often does that happen?

If you're really interested in buying, I agree you should call Disney back and say "October or bust."

Thank you

 

[LittleBitGoofy]

Thank you, he did say "maybe" it could be possible, but he didn't seem to be the one to want to do it. I was contacted by a Rep two years ago when I first contacted DVC and was interested solely in GFV but they weren't for sale at all and they only offered PVB or BRV. Should I reach out to that rep, she at least sent me the full info. But, she never contacted me after Big Pine Key was announced and began selling..

Push back and I expect this guide will make an Oct UY happen for you. If they aren't getting it done for you then you can switch guides. I've been very happy with ours for our VGF purchase, but seems we aren't supposed to share/recommend Guides. So at the least, you can switch and find someone that's a better fit if needed.

 

[Sandisw]

Thank you, he did say "maybe" it could be possible, but he didn't seem to be the one to want to do it. I was contacted by a Rep two years ago when I first contacted DVC and was interested solely in GFV but they weren't for sale at all and they only offered PVB or BRV. Should I reach out to that rep, she at least sent me the full info. But, she never contacted me after Big Pine Key was announced and began selling..

Just contact him back and say you are really interested and you understand he might need to get manager approval but an Oct UY is what you need and hope he will go to bat to get it for you.

He’ll make it happen.

 

[Unclelude]

...to me seems like they don't want to give out 2022 points ... I agree with the push back.

 

[Sandisw]

...to me seems like they don't want to give out 2022 points ... I agree with the push back.

That would apply though to more than just February

But it’s always like this. When I was buying RIV, they were pushing the Dec UY to many.

 

[Unclelude]

That would apply though to more than just February

But it’s always like this. When I was buying RIV, they were pushing the Dec UY to many.

Yeah, they always seem to be pushing a UY don't they ...

Just out of curiosity, were they pushing December UY when it first opened ( so no previous year points)??

I guess a December would be the hardest to spend the year the resort expires ... hehe, why not try to maximize even 50 years from now... can't fault them ( I guess we can just borrow and have a 'blow out' stay ...expire year - 1)

Lastly, does anyone have a spreadsheet breaking down the analysis of cost for VGF for the life of contract vs staying cash in different rooms types at the resort.

Sorry, I don't have a spreadsheet like you mention, however I have made spreadsheets... I had kept track first couple years worth of stays... vs rack rate vs actual (cash room promos at booking) vs rental...

Generally speaking, I found if you want to "feel good" about it compare to rack rates ... actual $ and rental take a while to 'pay off' ... esp rental.

I think it's hard to quantify too far in future. In my mind my *hope* is rack rate inflation outpaces MF inflation.

All that being said, lately I found it enjoyable to divorce the $$ from the stay... even the post analysis - the investment was in good times with family and friends that I otherwise probably would not do. ( I mention all this because your story sounds familiar to me, and probably many others ... it took me about 2 years to pull the trigger, lots of fun analysis etc... personally don't regret spending the $$, 3 yrs later or so, I hardly think about the initial outlay anymore )

Good Luck!

 

[PolyRob]

Having been lurking on purchasing DVC for 2 years and finally called back after reading about incentives at VGF on Facebook groups. I submitted a request for info online and when I got a call from a rep the incentives per point were I think in the high $170s, not the $150 I had read bouncing around. Also, I requested an Oct use year and was told they’re only selling Feb. I asked if they would send me an email breaking down the discussed offer but never received anything.

So then I see an October 50 point resale contract at Vero Beach and wonder if I’m better off buying something tiny like that in my preferred use year and adding on directly two contracts of 75 points each at VGF and then using the other 50 to add and additional night or two or at a different resort at 7 months for a split stay etc

Lastly, does anyone have a spreadsheet breaking down the analysis of cost for VGF for the life of contract vs staying cash in different rooms types at the resort.

Thanks for any info!

Say you want a week 1 favorite week standard view resort studio topped off to 150 points and I doubt DVC will want to sell you a February UY

In all seriousness just push back for the 2, 75 point contracts in Oct or say you don't want the points. I am sure it will be done no problem. I recently reached out to my guide about adding more and while I don't have a comparison spreadsheet, this is the pricing sheet DVC is distributing for VGF. It explains the cost: https://dvcexplorer.com/fin/m/GrandFloridian_Member_Welcome.pdf

"Magical Beginnings" isn't included, but that's the $22 buy back per point if you purchase 150+ points. That isn't taken off the initial price. You pay for it, then you are sent a check for the buy back after closing. It would work extremely well with an Oct UY since you are forfeiting 2022 points (only 3 months left in the UY) with your full allotment coming 10/1/23. I have a feeling this is why it isn't the preferred sale choice.

 

[NVDISFamily]

If you really want to push the chips into the middle of the table.... most guides will also offer to give you an exception for the 2022 use year points and allow you to bank them outside of the typical window to make the deal even better. Be careful that you don't get too used to having those extra points, many a buyer has been tempted by staying in the larger rooms and then you need more points

 

[Jayunit09]

If you really want to push the chips into the middle of the table.... most guides will also offer to give you an exception for the 2022 use year points and allow you to bank them outside of the typical window to make the deal even better. Be careful that you don't get too used to having those extra points, many a buyer has been tempted by staying in the larger rooms and then you need more points

We bought last year as new members direct and used the extra 2021 points and stayed 2 nights the last days of our trip at VGF in a standard 2BR i was lucky to get at 7 months.

Ya, you are right. No going back haha

 

[CarolMN]

...to me seems like they don't want to give out 2022 points ... I agree with the push back.

I also agree with trying again, but keep in mind that they may not have current use year points left for some use years, especially when you get closer to the desired use year. They don't hold points in inventory hoping someone will want to buy them. They offer the rooms they represent to the general public for cash. If they run out of points, those who want to buy late in the use year must wait until the new use year begins. My theory is that is why manager approval is required. Someone must manage the inventory as the supply gets tight.

Good luck @PinkPixel.

 

[Sandisw]

Yeah, they always seem to be pushing a UY don't they ...

Just out of curiosity, were they pushing December UY when it first opened ( so no previous year points)??

I guess a December would be the hardest to spend the year the resort expires ... hehe, why not try to maximize even 50 years from now... can't fault them ( I guess we can just borrow and have a 'blow out' stay ...expire year - 1)



Sorry, I don't have a spreadsheet like you mention, however I have made spreadsheets... I had kept track first couple years worth of stays... vs rack rate vs actual (cash room promos at booking) vs rental...

Generally speaking, I found if you want to "feel good" about it compare to rack rates ... actual $ and rental take a while to 'pay off' ... esp rental.

I think it's hard to quantify too far in future. In my mind my *hope* is rack rate inflation outpaces MF inflation.

All that being said, lately I found it enjoyable to divorce the $$ from the stay... even the post analysis - the investment was in good times with family and friends that I otherwise probably would not do. ( I mention all this because your story sounds familiar to me, and probably many others ... it took me about 2 years to pull the trigger, lots of fun analysis etc... personally don't regret spending the $$, 3 yrs later or so, I hardly think about the initial outlay anymore )

Good Luck!

We did buy the first year it opened and the first set of points was 2019 points. But, they had no issue in giving me an Aug UY when I told them it was the one I wanted to have the points associated to because my adult kids were going on the contract.

 

[PinkPixel]

If you really want to push the chips into the middle of the table.... most guides will also offer to give you an exception for the 2022 use year points and allow you to bank them outside of the typical window to make the deal even better. Be careful that you don't get too used to having those extra points, many a buyer has been tempted by staying in the larger rooms and then you need more points

Interesting thank you.

 

[PinkPixel]

Say you want a week 1 favorite week standard view resort studio topped off to 150 points and I doubt DVC will want to sell you a February UY

In all seriousness just push back for the 2, 75 point contracts in Oct or say you don't want the points. I am sure it will be done no problem. I recently reached out to my guide about adding more and while I don't have a comparison spreadsheet, this is the pricing sheet DVC is distributing for VGF. It explains the cost: https://dvcexplorer.com/fin/m/GrandFloridian_Member_Welcome.pdf

"Magical Beginnings" isn't included, but that's the $22 buy back per point if you purchase 150+ points. That isn't taken off the initial price. You pay for it, then you are sent a check for the buy back after closing. It would work extremely well with an Oct UY since you are forfeiting 2022 points (only 3 months left in the UY) with your full allotment coming 10/1/23. I have a feeling this is why it isn't the preferred sale choice.

Thank you so much! I would be a new member and asked about getting the 150 price applied to a contract split into 100 and 50 (100 is buy in minimum I guess, so not possible to do 75/75) and he said that would be a waste of money and not really an option either. He did not email, is there any reason why I can't contact a different Guide? Or is it like real estate agents and I'm considered "his" because he called me first? Thanks

 

[crvetter]

Thank you so much! I would be a new member and asked about getting the 150 price applied to a contract split into 100 and 50 (100 is buy in minimum I guess, so not possible to do 75/75) and he said that would be a waste of money and not really an option either. He did not email, is there any reason why I can't contact a different Guide? Or is it like real estate agents and I'm considered "his" because he called me first? Thanks

As a new member, correct you need to have one contract be at least 100 so your split would be 100/50. Second the incentives apply to the total points purchased at a time for a single resort. Your guide (pardon the french) sucks to be frank. I would probably be asking to work with his manager at this point, because it is pretty standard the stuff you are asking and shouldn't be getting any push back what so ever. You can request a new guide too, but I'd just politely ask to bring in his manager at this point.

You can split to 100/50 and qualify for the 150 point incentive. Disadvantage is you pay closing costs twice, advantage is you can sell a 50 point contract down the line for some reason at a somewhat higher cost per point than a larger contract. Just remember if you do sell to the 100 point contract you would lose the blue card (unless you have more direct points at that time).

 

[PolyRob]

Thank you so much! I would be a new member and asked about getting the 150 price applied to a contract split into 100 and 50 (100 is buy in minimum I guess, so not possible to do 75/75) and he said that would be a waste of money and not really an option either. He did not email, is there any reason why I can't contact a different Guide? Or is it like real estate agents and I'm considered "his" because he called me first? Thanks

Sorry, I forgot that 75 would be your 'master contract' and the minimum direct is 100 right now. The 100 and 50 split would still be beneficial to you if you ever wanted to sell some points off. You could always sell the 100, keep the 50, and never be told you need a minimum 100 point purchase (or whatever it is at the time) since you are already a member. The closing cost is minimal in the grand scheme of things.

I was fortunate with the original guide I was assigned. He "retired" over COVID and IDK who was assigned to me. I blindly reached out to another guide a friend said was easy to deal with and as soon as I spoke with him on the phone I got an email that my guide was switched. You can absolutely switch, but it could be from pan to the flame... possibly even worse? Getting "manager" approval or dealing with your guide's manager may be the best way to go for now if you get the Oct UY, 100/50 split, and whatever financing or payment plan you want. You can always pick a new one based on WOM and/or a visit to WDW.

As a new member, correct you need to have one contract be at least 100 so your split would be 100/50. Second the incentives apply to the total points purchased at a time for a single resort. Your guide (pardon the french) sucks to be frank. I would probably be asking to work with his manager at this point, because it is pretty standard the stuff you are asking and shouldn't be getting any push back what so ever. You can request a new guide too, but I'd just politely ask to bring in his manager at this point.

You can split to 100/50 and qualify for the 150 point incentive. Disadvantage is you pay closing costs twice, advantage is you can sell a 50 point contract down the line for some reason at a somewhat higher cost per point than a larger contract. Just remember if you do sell to the 100 point contract you would lose the blue card (unless you have more direct points at that time).

I believe even if the 50 points were sold membership extras would be lost. DVC is selling 100 minimum, but 150 direct is still required for membership extras as of 6/3/21.

"Important Information about Membership Extras:
Membership Extras, such as exchange options in the Disney Collection and options offered through hotel exchange, certain discounts, offers, and special events are incidental benefits. These incidental benefits are subject to change or termination without notice, may require the payment of a fee and cannot be combined with any other offers or promotions. Membership Extras are also subject to availability and block-out dates may apply, including high periods of demand such as Christmas and New Year’s Day. To receive any Membership Extras, purchasers must present a valid digital Disney Vacation Club Membership Card along with a corresponding valid photo ID. Effective June 3, 2021, to obtain a Disney Vacation Club Membership Card, Members must accumulate a total of at least 150 Vacation Points purchased directly from Disney Vacation Development, Inc. Exchange options in the Disney Collection and options offered through hotel exchange are not available for ownership interests not purchased directly from Disney Vacation Development, Inc. after March 21, 2011, and, effective April 4, 2016, Members who have not purchased an ownership interest directly from Disney Vacation Development, Inc. will not have access to Membership Extras."