DanCali
DIS Veteran
- Joined
- Mar 9, 2023
- Messages
- 1,127
Another factor now: I've seen some RIV resale contracts being offered for very close to $100pp. The lowest asking price today is $106pp. So even if you don't fully understand the restrictions, you can see the difference in the "driving the car off the lot" price drop between RIV and Poly pretty easily. The lowest Poly resale asking today is $154pp. So in terms of market value, your value decreases significantly more with a direct RIV purchase.
Not only this, but even though both resorts each have about 5 million points sold overall, and Riviera owners have a much shorter holding period on average simply due to it being a new resort, there are only 30 PVB resale listings vs about 50 RIV resale listings (and that's despite the disparity in pricing you mention and the longer contract life of Riviera).
Moreover, about 2/3 of the Riviera resales have been posted for 45+ days while less than 25% of Poly resales are in that situation. There seems to be a strong appetite for resale PVB since the DVD price increase (a week ago there were 40+ PVB resale listings, now just about 30), but less so for Riviera. This perhaps suggests Riviera resale prices may have more downside risk from here.
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