GF direct over Riviera direct is a no brainer

[beamreach]

People have not been paying that much on resale for VGF. Most are much lower….$160s these days. Sellers asking more than that are not getting it.

I stay at both, and can say RIV exceeds in all areas for us. But buying direct will always see a reduction until sold out.

Where do you get your data? Can you cite a source, or is it just intuition?

Based on reported data DVC Resale Market linked below, the VGF high over the past year was 198 with most months in 190s and a few in 180s 170s. There were no months in 160s and if you take the average it's nearly 190 over the past year. It's important to give proper information to folks, if a family has to sell rapid an emergency, they stand to take massive losses at RIV vs VGF.

https://www.dvcresalemarket.com/blog/dvc-resale-average-sales-prices-for-june-2022/

 

[Hoppy-tn]

Totally agree with you. It's inexplicable how someone would choose RIV over VGF. In every category, VGF is more desirable (location, food, shopping, activities, pools, lobby, spa, etc). RIV is fine enough, and the only true European aspect is that tiny lobby lol. It's also easy to book at 7 months (we don't go for Tower or Studio anyway which sometimes are unavailable). Nevermind the financial piece...sure, RIV definitely cheaper than VGF with incentives, but the resale restrictions at the moment of closing buyers are under water (if financed, it's even worse, will have to bring money to close a sale). RIV 140s! VGF 190-200s still resale. RIV will be selling for a long time lol...soon DVC will be actively selling 4 resorts at once: Aulani, VCF, RIV, and new Disneyland Tower. Woot woot maybe that means more incentives on RIV (which will further devalue any resale), and force me to add on there

Put the beer down, you have had enough to drink

 

[beamreach]

Setting aside the inane commentary on the Riviera, I am somewhat confused by your post. Why on earth would you even contemplate purchasing points at a resort you dislike this much? I bet that you're really a secret Riviera aficionado who's just afraid to publicly embrace the Riviera, aren't you? Come on now, admit it' You'll feel better for having come clean.

I don't hate it! I like it. But I also own BCV so I have EPCOT/HS covered. I especially like the Grand Villa.

 

[Zach197]

Just bought 200 Riviera points direct!!! So pumped

 

[BeachClub2014]

Where do you get your data? Can you cite a source, or is it just intuition?

Based on reported data DVC Resale Market linked below, the VGF high over the past year was 198 with most months in 190s and a few in 180s 170s. There were no months in 160s and if you take the average it's nearly 190 over the past year. It's important to give proper information to folks, if a family has to sell rapid an emergency, they stand to take massive losses at RIV vs VGF.

https://www.dvcresalemarket.com/blog/dvc-resale-average-sales-prices-for-june-2022/

Funny, I was going to ask you a similar question. What data or evidence can you cite to draw any conclusions on the impact resale restrictions have on the current resale price for the Riviera?

 

[BeachClub2014]

Just bought 200 Riviera points direct!!! So pumped

Congrats! It's an amazing resort.

 

[beamreach]

Funny, I was going to ask you a similar question. What data or evidence can you cite to draw any conclusions on the impact resale restrictions have on the current resale price for the Riviera?

Looks at current resale prices on that same link for RIV...140s over past year

 

[Zach197]

Congrats! It's an amazing resort.

I know it. I mean it’s no poly but it’s the next best thing!

 

[BeachClub2014]

Looks at current resale prices on that same link for RIV...140s over past year

You should search some of the many threads here that illustrates how the current resale prices for the Riviera are actually holding up quite well. Lots of great information to be found here.

Having said that, there is nothing other than opinion to suggest that resale restrictions have somehow dragged down resale prices. To your point while chiding Sandi, it is important to give people proper information.

 

[BeachClub2014]

I know it. I mean it’s no poly but it’s the next best thing!

Both are nice. I can't wait for the new Poly tower to be built. I will take a serious look at that.

 

[Zach197]

Both are nice. I can't wait for the new Poly tower to be built. I will take a serious look at that.

Absolutely!!! I can’t wait too

 

[beamreach]

You should search some of the many threads here that illustrates how the current resale prices for the Riviera are actually holding up quite well. Lots of great information to be found here.

Having said that, there is nothing other than opinion to suggest that resale restrictions have somehow dragged down resale prices. To your point while chiding Sandi, it is important to give people proper information.

Threads/opinions aren't data. Look at the data. Or ignore the data and cite your opinions/threads. Good luck.

 

[BeachClub2014]

Threads/opinions aren't data. Look at the data. Or ignore the data and cite your opinions/threads. Good luck.

Exactly. Couldn't agree with you more. I'll keep standing by until anyone can cite any evidence to show either a causation or correlation between resale restrictions and current resale market prices. A whole lot of opinions, but not much proof.

 

[TraderStitch]

Again, looking at DVC as a financial engine for an investment... which you are doing, is a fools game. Once the cash rate surpasses your buy-in, you are in the green. (Most people that's 6 - 7 stays) So what if it doesn't sell for what you paid for it. If you are looking at resale as a way for to cover the cost when you don't want it anymore, you shouldn't be buying DVC.

 

[Sandisw]

Where do you get your data? Can you cite a source, or is it just intuition?

Based on reported data DVC Resale Market linked below, the VGF high over the past year was 198 with most months in 190s and a few in 180s 170s. There were no months in 160s and if you take the average it's nearly 190 over the past year. It's important to give proper information to folks, if a family has to sell rapid an emergency, they stand to take massive losses at RIV vs VGF.

https://www.dvcresalemarket.com/blog/dvc-resale-average-sales-prices-for-june-2022/

People here on the ROFR thread who have passed and offering those numbers currently are indeed paying in the $160s

Since VGF went direct, it’s dropped in price and not going that high but your right, I should have said $160s to $170s… but definitely not commanding the $190s any more.

Lots of listings in the $170s which means deals can made for the $160s.

Personally I don’t think people should avoid a resort they love because one is worried about resale value.

If someone has an emergency and needs to sell, chances are one will take a loss regardless if a quick sale is required.

 

[Sandisw]

Exactly. Couldn't agree with you more. I'll keep standing by until anyone can cite any evidence to show either a causation or correlation between resale restrictions and current resale market prices. A whole lot of opinions, but not much proof.

Exactly. When a new resort is in active sales, the loss is typically 30% until it is at a sold out price.

RIV is there, just like most have been. VGF is back on sale so it did have an established resale already, which had helpEd the difference stay low, but it’s dropped since sakes began in March and contracts are sitting longer.

But, it’s selling for more than resorts that can be used everywhere…and not far off Poly…

 

[Brob2132]

Again, looking at DVC as a financial engine for an investment... which you are doing, is a fools game. Once the cash rate surpasses your buy-in, you are in the green. (Most people that's 6 - 7 stays) So what if it doesn't sell for what you paid for it. If you are looking at resale as a way for to cover the cost when you don't want it anymore, you shouldn't be buying DVC.

This. If you’re really hellbent on trying to predict the resale value in the future, open an ETF or money market account. The fact that the timeshare holds any value is remarkable and a testimonial to the product.

 

[Jimmy Mouse]

Buying Riviera over GFV direct is a foolish decision. There are too many advantages in buying GFV over Riviera.
No resale restrictions which means that if you have to sell at some point GFV will probably be twice the value of Riviera.
GFV dues are about $1.30 per point less.
Rooms are comparable / almost identical.
Views are much better at GFV.
GFV is walking distance to a park and a valuable Monorail resort.
Dining options and Shopping options far overtake Riviera.
You can always use your Direct points to stay at Riviera if you want.

Can anyone come up with a reason to buy Riviera over GFV ? Please dont say its on the skyliner .

I have stayed at the Riviera and its nice . But Im not giving DVC any money to condone the ridiculous and unnecessary restrictions they have put on that resort. If they are successful with selling out that resort quickly then whats to stop them from doing this to every resort in the future. It just devalues the whole product to current owners.

I hope it takes them 20 years to sell that resort out !

I guess I made a foolish decision.

 

[Marionnette]

I guess I made a foolish decision.

Foolish mortal! Bwah-ha-ha! :hmghost:

 

[Sandisw]

I guess I made a foolish decision.

You me, and the thousands of other who have bought the Over 2.5 million points!

Just left there, after having done the one night at VGF and still best decision I made for us!