How low will Disney let Poly go?

[Sandisw]

I think your situation is different in that you already have the ability to book there. A 25 point contract for someone who doesn't have the ability to use at future resorts would only be good for one night at most at Riviera or any future resorts. Even at 50 points, you're looking at a weekend stay at most. Plus you'd be halfway to the membership benefits. So you might as well go to the full 100 points; especially when considering that the 25 or 50 pt contract will hav roughly $700 in closing costs attached.

Again, for you it's different because you already have all of that and need the bit for get the rest of the week. Non-eligible points don't help you with that. But for everyone else..PVB prices = $235/pt. At 50 points, that's $11,750. vs resale market, that's 94 points @ $125/pt for the same cost.



They'll tell you that, but you can buy a 25 point contract. 100 points is the current blue card membership minimum.

They will not let a new buyer purchase 25 points, even at sold out resorts,

I have heard they will let those go as low as 50, but not for CCV. In terms of RiV, it is 100 point minimum for new buyers, regardless,

 

[Yinn]

They will not let a new buyer purchase 25 points, even at sold out resorts,

I have heard they will let those go as low as 50, but not for CCV. In terms of RiV, it is 100 point minimum for new buyers, regardless,

My DVC CM initially told me 100 point was the minimum when he was selling us Riv. After going back and forth and letting him know I wasn't interested in Riviera, I asked him directly how small of a contract I could get. He indicated he could sell me a 25 point contract if that's what I wanted; which I took him up on at AKL. I ended up changing it to 75 points to get the blue card, but he didn't have a problem with selling me the 25 - and this was before my PVB contract closed so I was a new buyer. I don't know if it's changed since then, this was as of Q3 2019.

 

[Zurezo]

Reading all this and thinking about "How low will Disney let anything go" is the question. I have gotten very lucky before with my OKW contract (300 points @ $61/pt) which I bought 6 months ago... super lucky it went though. I am in the middle of a VGC purchase right now that I just bought and waiting on ROFR from them (250 points @ $170/pt). The April buy backs will be interesting

 

[Sandisw]

My DVC CM initially told me 100 point was the minimum when he was selling us Riv. After going back and forth and letting him know I wasn't interested in Riviera, I asked him directly how small of a contract I could get. He indicated he could sell me a 25 point contract if that's what I wanted; which I took him up on at AKL. I ended up changing it to 75 points to get the blue card, but he didn't have a problem with selling me the 25 - and this was before my PVB contract closed so I was a new buyer. I don't know if it's changed since then, this was as of Q3 2019.

Things must have changed. Did he know you were in the process of closing on a resale contract?

I wonder if that played a role?

 

[4luv2cdisney]

I'm not sure small contracts still command the premium that they use to, due to the new resale restrictions. If your only in the market for say 25 to 50 points, why not pay the direct price and then have 40-50 years of the ability to make reservations at all resorts, not just the original 14.

I'm debating this question right now, because we have contracts that can book at all resorts and only need about 30 to 50 more points in either contract to get to the amount we need for 2 bedrooms every other year. So for an extra $1000 or $2000 over the next 46 years (+/- $50/year) I can book anywhere. DVC made it a much more difficult decision on small contract with the resort restrictions.

Agree. Tacking on a small amount of points that won't work the same as my others will be a hassle down the line.

I especially think this is true for SSR. It's a "cheap" option direct and many many people own there to try to trade out at 7 months. People will strip down a small contract and expect $20+ more pp than a larger contract. No thanks.

 

[Yinn]

Things must have changed. Did he know you were in the process of closing on a resale contract?

I wonder if that played a role?

I never told him directly about my resale, but I did ask him a bunch of questions about direct vs resale during the presentation.
I can only share my experience, I can't speak to the hard rules or how they may have changed since then. So YMMV.

 

[ChipNdale8887]

Things must have changed. Did he know you were in the process of closing on a resale contract?

I wonder if that played a role?

My agent in January was going to sell us 50 or 75 points at Riviera when we asked if we could but 50-75 points this year then 50 to 75 points next year. This was as a new member.

 

[DisMomKY]

I just saw a VGF reduced to 149 per point but they borrowed the 2021 points into 2020 and only had like 60 2020 points you could bank for next year. So I’m not sure how I feel about it. I have doubts we will be able to vacation by next March

 

[ChipNdale8887]

I just saw a VGF reduced to 149 per point but they borrowed the 2021 points into 2020 and only had like 60 2020 points you could bank for next year. So I’m not sure how I feel about it. I have doubts we will be able to vacation by next March

I'd just look for a $155-165 point VGF contract u like and offer $149.

 

[Yinn]

I just saw a VGF reduced to 149 per point but they borrowed the 2021 points into 2020 and only had like 60 2020 points you could bank for next year. So I’m not sure how I feel about it. I have doubts we will be able to vacation by next March

I think you’re referring to the one on dvcbyresale.com

201 points available now (68 banked from '19, 42 from '20, 91 borrowed from '21) Then, 9 points coming on 4.1.21.

If that’s the case, use the 91 borrowed points to make a reservation. Under the current rules a reservation cancellation allows for points to be moved back to their original use year, which would be 2021.

The contract would then be:
68 banked/due to expire April 2021. 42 now and bankable into 2021, and 100 for 2021.

You can even request that to be done as a part of the offer. And you’ll most likely be able to get that contract for $140/pt.

 

[ChipNdale8887]

I think you’re referring to the one on dvcbyresale.com

201 points available now (68 banked from '19, 42 from '20, 91 borrowed from '21) Then, 9 points coming on 4.1.21.

If that’s the case, use the 91 borrowed points to make a reservation. Under the current rules a reservation cancellation allows for points to be moved back to their original use year, which would be 2021.

The contract would then be:
68 banked/due to expire April 2021. 42 now and bankable into 2021, and 100 for 2021.

You can even request that to be done as a part of the offer. And you’ll most likely be able to get that contract for $140/pt.

Just wondering, what would you think is the lowest you could try to get CCV or PVB right now?

Say 100 point contracts June Use Years, 0/19 and 0/20 and 100/21

 

[DisMomKY]

I think you’re referring to the one on dvcbyresale.com

201 points available now (68 banked from '19, 42 from '20, 91 borrowed from '21) Then, 9 points coming on 4.1.21.

If that’s the case, use the 91 borrowed points to make a reservation. Under the current rules a reservation cancellation allows for points to be moved back to their original use year, which would be 2021.

The contract would then be:
68 banked/due to expire April 2021. 42 now and bankable into 2021, and 100 for 2021.

You can even request that to be done as a part of the offer. And you’ll most likely be able to get that contract for $140/pt.

Ooh that’s a good options

 

[DisMomKY]

Just wondering, what would you think is the lowest you could try to get CCV or PVB right now?

Say 100 point contracts June Use Years, 0/19 and 0/20 and 100/21

I had an owner counter 130 pp for CC but we declined because we didn’t think about the studios and 1 bedrooms not being able to sleep 5

 

[ChipNdale8887]

I had an owner counter 130 pp for CC but we declined because we didn’t think about the studios and 1 bedrooms not being able to sleep 5

Thats a good point!

 

[DisMomKY]

Thats a good point!

We are down between Poly (because I love the size of the studios and MK location), Grand Floridian (cause it’s the Grand Floridian!!), Boardwalk (my favorite dvc).

 

[ChipNdale8887]

We are down between Poly (because I love the size of the studios and MK location), Grand Floridian (cause it’s the Grand Floridian!!), Boardwalk (my favorite dvc).

If you only ever plan on staying at studios I'd pick Poly over VGF only because Poly's availability is much much easier than VGF. Boardwalk if you don't care about the expiration date, cheaper, points per night is lower for studios at least(we only book studios).

 

[ChipNdale8887]

I had an owner counter 130 pp for CC but we declined because we didn’t think about the studios and 1 bedrooms not being able to sleep 5

I'm having a hard time deciding on CCV vs PVB. $130 would be a great price that I think we'd be happy at but I'm not sure if now is the best time to buy or if we should wait some. I'd love to get PVB at $120 a point on a 100 point or 120 point contract for June.

 

[DisMomKY]

If you only ever plan on staying at studios I'd pick Poly over VGF only because Poly's availability is much much easier than VGF. Boardwalk if you don't care about the expiration date, cheaper, points per night is lower for studios at least(we only book studios).

I’ll tell you what, good old SSR keeps pulling me back with its low PPP and dues

 

[Yinn]

Just wondering, what would you think is the lowest you could try to get CCV or PVB right now?

Say 100 point contracts June Use Years, 0/19 and 0/20 and 100/21

I have a conflict of interest and can’t answer that...at least not directly. I’m currently sitting on the sidelines myself looking for underpriced June contracts to add. I can tell you I paid $128/pt for my current contract, and $120/pt was the most recent low price (according to ROFR threads) for a 450 pt contract.

I can tell you that I generally take $15/pt off for every year without points. So a 0/20-0/21 contract would be $30/pt less, a 0/20-100/21 contract would be $15/pt less, and a 100/20-100/21 contract would be "full price" to me. That's essentially considering it a rental year where there isn't any points.

 

[ChipNdale8887]

I have a conflict of interest and can’t answer that...at least not directly. I’m currently sitting on the sidelines myself looking for underpriced June contracts to add. I can tell you I paid $128/pt for my current contract, and $120/pt was the most recent low price (according to ROFR threads) for a 450 pt contract.

I can tell you that I generally take $15/pt off for every year without points. So a 0/20-0/21 contract would be $30/pt less, a 0/20-100/21 contract would be $15/pt less, and a 100/20-100/21 contract would be "full price" to me. That's essentially considering it a rental year where there isn't any points.

Ahh fair enough lol Just wondered your thoughts. I'm not too worried about any listings being swooped up. I've have opportunities to bid I just need something to make me jump. Heck we are even interested in BLT also maybe AKV too. The uncertainty is what makes it hard but thats also whats driving prices down with slower sales lol.