Late spring 2025 incentives (April 29-July 14)

[Sandisw]

Where you'll see some serious savings on RIV is if you can talk yourself into 200 points and also take advantage of MB.
$235/pt base
$24/pt incentive (on 200-249 pts; only jumps to $26 at 250 points)
$211 pp x 200 pts = $42,200
Subtract $1,000 AP Discount
Subtract $500 D23
Subtract $4,000 MB
Total cost (before closing costs) = $36,700; divided by 200 = $183.5 per point

Doing the same number of points at Poly with same incentives, by way of comparison, will only get you down to $196.5 per point.

(Edit: These numbers are based on Current Member Discounts)

This is what I walked away from on the DCL Dream in May.

It is a great deal for sure!!

 

[Sandisw]

Why?

Why does everyone insist on coming up with these absolute insane, outrageously complicated scenarios that MIGHT be possible if you squint and stretch the limits of what the legal documents say when there's absolutely no reason for them to do so?

No, Disney is not going to sell contracts where a single resort has a floating expiration date at T+50 from when someone buys because that's stupid, end of story. I don't care if it's technically legal, it's stupid. Even if they could, they don't want to.

Honestly these questions are akin to asking "can Disney paint the Tree of Life neon purple?" and people analyzing Animal Kingdom building permits saying "yeah there's nothing legally preventing them from doing that" and then half a dozen YouTubers making videos about the "credible rumor" that Disney is going to paint the Tree of Life neon purple.

This whole conspiracy mindset pervaded the discussion of VGF2, PVB2, and especially CFW and every single time the conspiracy theorists were proven wrong and the resorts launched with the exact same 11-and-7-month windows with 50 year from on-sale expiration dates as every resort that came before. The legal structure underpinning the associations has not changed how the membership actually looks and feels in the hands of the members, outside of RIV+ resale restrictions.

cc @maui22

Have you been told by DVC that they will not be adding any new projects and selling them under the trust model?

Because I have been told that using this model has been discussed for years.

Someone asked IF they can make different RTU plans using the trust model with different dates. The answer is yes, they can.

Stupid or not, some people are curious about options that the trust model gives DVC that the leasehold model may not.

I know you believe they will never add any other project to it. That’s fine…you get to believe that.

But, some of us believe that the trust will be used in the future and absent an offical statement from DVC it wont happen, then our beliefs are just as valid.

And, VGF2 and PVB tower did not sell with new 50 year contracts because DVC added them to the existing associations.

 

[maui22]

Did you not see the articles with them showing the old cabins been driven on I4 after Disney sold them for $50k?
They got to fully depreciate them off the books, sell the units and have new ones to rent and sell for DVC. Certainly I win in my eyes.

As you said though. They needed to replace them.
I fail to see how DVC for CFW resulted in the sale. They would have received this money replacing them with non-DVC, or using the land for a lodge or other option. Disney sells old stuff being replaced or
removed all the time.

BPK was because they would have too many active resorts at one time imo. That sale was summer of 2023 with it being sold out in October 2023. CFW started sales in February 2024 followed a little later with PVB starting in October 2024.

Curious what the exact number is for too many? Disney had RIV, VGF, VDH, and AUL in active sales.
Selling out BPK left them with 3. As you point out CFW sales started Feb 2024. Back to 4. PVB started October 2025, putting it at 5.

When I read @wdrl June 2023 direct sales data.
https://dvcnews.com/dvc-program-men...in-strong-grand-floridian-surges-in-june-2023

However, since Grand Floridian has averaged only 56,381 points over the last 12 months, it may take another year before it reaches that stage.

That put it well on pace to sell out before PVB started sales October 2024 regardless of the summer promotion. In addition, there is data showing when a resort gets close to selling out sales pickup. FOMO, so it likely (not guaranteed) would have encountered a pickup selling out in the March-April window without what people refer to as the fire sale.

Did they rush to sell before CFW? My understanding of your argument is Disney doesn’t care much about CFW sales, so why rush VGF with the fire sale?

Leads me back to Peltz group. Nothing wrong with him pushing Disney to make more money near term. Happens all the time.

Losing shareholders doesn’t really matter. Shares exchange hands every day the market is open. Some may own more than others but the total outstanding stock will continue to be the same number of shares unless Disney issues more shares or performs a buyback.

True shares change hands every day (when markets are open). Price to earnings plays a roll in pricing. Plenty of people point out DVC execs don’t care about 10 years from now. They will likely be retired or move onto other divisions or companies.

 

[eticketplease]

As you said though. They needed to replace them.
I fail to see how DVC for CFW resulted in the sale. They would have received this money replacing them with non-DVC, or using the land for a lodge or other option. Disney sells old stuff being replaced or
removed all the time.

I never said putting DVC in resulted in them selling the cabins.
Yes they were going to sell them regardless and replace them.
It just so happens that they can pass on some of the costs associated with the property to new owners.
If they had just replaced them Disney would be footing the bill 100% instead they are only responsible for upkeep of the 99.999902% (Joking estimate) based CFW sales.
It is really all about accounting and what can be claimed here and depreciated on what balance sheet but I do believe this is a win for Disney even if they are not selling. They can continue to rent them like they were originally set up for but they also are able to use the DVD marketing budget. Now that budget might be for sales but a lot of people may want to rent a cabin first before considering purchasing which goes straight into Disney's pocket.

 

[eticketplease]

Curious what the exact number is for too many? Disney had RIV, VGF, VDH, and AUL in active sales.
Selling out BPK left them with 3. As you point out CFW sales started Feb 2024. Back to 4. PVB started October 2025, putting it at 5.

When I read @wdrl June 2023 direct sales data.
https://dvcnews.com/dvc-program-men...in-strong-grand-floridian-surges-in-june-2023
That put it well on pace to sell out before PVB started sales October 2024 regardless of the summer promotion. In addition, there is data showing when a resort gets close to selling out sales pickup. FOMO, so it likely (not guaranteed) would have encountered a pickup selling out in the March-April window without what people refer to as the fire sale.

Did they rush to sell before CFW? My understanding of your argument is Disney doesn’t care much about CFW sales, so why rush VGF with the fire sale?

I don't know how many is too many to be honest.
I just remember from watching the DVC show Derek stating time and time again that they don't like to have too many choices.
As you listed above they 4 properties for sale. They generally like to keep it to 3 or under it seems.

They announced the cabins in April of 2023 and sales began in February 2024.
So based on the data you provided that would have put them at 5 active resorts.
Those numbers of course are projected numbers who knows if they would have continued once the PVB tower was announced in May 2024.
Whether they continued at that pace nobody knows but if they didn't sell out VGF by the time PVB started new sales they would have been 6 active properties.

So yes I don't think they are in too much of a hurry to sell the cabins as they continue to rent them just fine but it seems like the VGF sale was really about eliminating at least 1 choice from when trying to sell DVC.

 

[eticketplease]

Leads me back to Peltz group. Nothing wrong with him pushing Disney to make more money near term. Happens all the time.

We see this stuff happen all of the time like what is happening with SW.
Sometimes it works out for them sometimes it doesn't.
In the end he cashed out and is not part of the board luckily.

 

[eticketplease]

Price to earnings plays a roll in pricing.

Yes it does but so does being able to depreciate the assets 100% and then being able to resell them like they did with the $50K cabins.

 

[WinterSolider]

Have you been told by DVC that they will not be adding any new projects and selling them under the trust model?

The question is not whether future projects will be under the trust model, the question is whether the "trust model" is meaningfully different from the owner's perspective.

Maybe other resorts will be sold under the trust model, I don't really care and that's not the piece I've commented on. Whether a new resort is sold as a trust or not isn't going to change how membership works. You're still going to have a single home resort that you can book at 11 months, and access to the other DVC resorts regardless of their legal structure at 7 months. Nobody is going to have weird hybrid-access to multiple home resorts, and there's no reason to believe that Lakeshore and Fort Wilderness are going to be merged into a home resort, and there's no reason to believe that owners at a single resort are going to have floating expiration dates depending on when they buy in.

 

[Sandisw]

The question is not whether future projects will be under the trust model, the question is whether the "trust model" is meaningfully different from the owner's perspective.

Maybe other resorts will be sold under the trust model, I don't really care and that's not the piece I've commented on. Whether a new resort is sold as a trust or not isn't going to change how membership works. You're still going to have a single home resort that you can book at 11 months, and access to the other DVC resorts regardless of their legal structure at 7 months. Nobody is going to have weird hybrid-access to multiple home resorts, and there's no reason to believe that Lakeshore and Fort Wilderness are going to be merged into a home resort, and there's no reason to believe that owners at a single resort are going to have floating expiration dates depending on when they buy in.

But none of us know that you will have a single home resort or that DVC might not sell RTU plans with different dates and different units.

The current DVC trust documents that CFW is part of allows them to combine component sites into one RTU plan and then reallocate points across all units within the same plan.

So, until it never happens, the trust does allow for things that the current leasehold condo POS documents do not.

Right now, CFW functions the same. And it’s possible that future projects, if they go into the trust, will also function the same.

But, the possibility definitely exists that they won’t and if DVD decides doing things under the trust like I mention above is better for them, they now have a way to do it.

Some of us simply won’t be surprised if they decide to put LSL and CFW under the same RTU plan inside the trust.

And until DVD officially takes it off the table, it’s still a possibility.

 

[Patmcpsu]

Curious what the exact number is for too many? Disney had RIV, VGF, VDH, and AUL in active sales.
Selling out BPK left them with 3. As you point out CFW sales started Feb 2024. Back to 4. PVB started October 2025, putting it at 5.

This logic, combined with the current deals for Riviera, would suggest that Riviera will keep getting aggressive pricing. They need it to sell out before LSL goes on sale. How early does a new resort go on sale before it opens?

 

[Sandisw]

This logic, combined with the current deals for Riviera, would suggest that Riviera will keep getting aggressive pricing. They need it to sell out before LSL goes on sale. How early does a new resort go on sale before it opens?

The last few, PVB tower, BPK, CFW, and VDH all went on sale around 3 to 4 months before opening. RIV opened sales around April 2019 and opened in December 2019.

So, based on that, I would expect LSL to open in the same 3 to 4 months prior as that seems the new timeline. If they want RIV sold out by then, that gives them at least 18 months...which, based on current sales, it should do that, even if they don't "fire sale" it with deeper incentives.

 

[maui22]

This logic, combined with the current deals for Riviera, would suggest that Riviera will keep getting aggressive pricing. They need it to sell out before LSL goes on sale. How early does a new resort go on sale before it opens?

Thing is, I'm not convinced Disney is concerned with how many resorts they have for sale.

I absolutely used to think that. Afterall, guides during 2009-2012 used to say two resorts at the same time is all they wanted. Anything more and customers eyes glazed over.

In hindsight, Disney approved the following resorts/additions all opening in 2009 (AKV Kidani, SSR THV, BLT, and VGC). Because of how long work takes, they definitely planned on all four.

If they didn't like that, why repeat it in the 2020s?
I can discard Riviera (highly likely it would have sold out years ago without the pandemic). Only options were Aulani and Riviera, so Riviera would have months of really good sales that were missed. Even after knowing Riviera was going to last significantly longer they built VGF/BPK, CFW, PVB Island Tower, and are working on LSL.

Personal opinion, I think what guides told me in the 2009-2012 window was strictly their opinion.

 

[Brian Noble]

guides during 2009-2012 used to say two resorts at the same time is all they wanted. Anything more and customers eyes glazed over.

There is no obligation to explain or highlight every resort in a sales pitch. If the guide is able to suss out the vibe of the prospect in the initial "sizing you up" conversation, it should be possible to feature the one or two resorts most likely to resonate.

 

[VGCgroupie]

There is no obligation to explain or highlight every resort in a sales pitch. If the guide is able to suss out the vibe of the prospect in the initial "sizing you up" conversation, it should be possible to feature the one or two resorts most likely to resonate.

I contacted my guide original for OKW fire sale so he didnt mention VDH to me at all. He only mentioned SSR and RIV. He was genuinely surprised when I mentioned VDH and sounded perplexed ha!

 

[ClaraOswald]

I have never really followed incentives much at all.

Can someone tell me when they will come out with the next round of incentives? Do they typically last around 2-2 and a half months?

If we visit VDH in December and like the looks of them...what round of incentives would we look to buy? Do they have one in the beginning of a calendar year or no?

 

[tx911]

I have never really followed incentives much at all.

Can someone tell me when they will come out with the next round of incentives? Do they typically last around 2-2 and a half months?

If we visit VDH in December and like the looks of them...what round of incentives would we look to buy? Do they have one in the beginning of a calendar year or no?

If you look on the DVC website on the "points add on tool" it will say the prices are good through whatever date.

For example right now it says through July 14 I believe. So you know the new prices/incentives will be out next day.

ETA: You have to plug in how many points you want, and then next to where it gives the current incentive discount, it will say "offer good through" whatever date.

 

[atthebeachclub]

If you look on the DVC website on the "points add on tool" it will say the prices are good through whatever date.

For example right now it says through July 14 I believe. So you know the new prices/incentives will be out next day.

ETA: You have to plug in how many points you want, and then next to where it gives the current incentive discount, it will say "offer good through" whatever date.

But this doesn’t include other incentives like the current temporary Annual Pass or D23 discount, I believe. You have to look here for links or ask your Guide to keep up with those!

 

[tx911]

But this doesn’t include other incentives like the current temporary Annual Pass or D23 discount, I believe. You have to look here for links or ask your Guide to keep up with those!

True. But good to know the date when the next incentives drop.
They really should make it easier to see ALL of the current discounts.

 

[atthebeachclub]

True. But good to know the date when the next incentives drop.
They really should make it easier to see ALL of the current discounts.

I agree! It’s like you have to know somebody already. They already know I have an AP; it should automatically show up as a discount.

 

[Disneydad14]

Some of the incentive charts are beginning to be updated. Looks like they are effective April 29th, running through July 14th for this round. We'll see if any additional discounts come out, but on a per point basis, this is what I'm seeing:

Existing Members:
Poly - https://dvcexplorer.com/fin/m/Polynesian_Member_DeveloperCredit.pdf
Riviera - https://dvcexplorer.com/fin/m/Riviera_Member_DeveloperCredit.pdf
Cabins at Fort Wilderness - https://dvcexplorer.com/fin/m/fortcabins_Member_DeveloperCredit.pdf
VDH - https://dvcexplorer.com/fin/m/VillasatDisneyland_Member_DeveloperCredit.pdf
Aulani - https://dvcexplorer.com/fin/m/aulani_Member_DeveloperCredit.pdf
Saratoga Springs - https://dvcexplorer.com/fin/m/SaratogaSprings_Member_DeveloperCredit.pdf

New Members:
Riviera - https://dvcexplorer.com/fin/g/Riviera_Prospect_DeveloperCredit.pdf
Poly - https://dvcexplorer.com/fin/g/Polynesian_Prospect_DeveloperCredit.pdf
Cabins at Fort Wilderness - https://dvcexplorer.com/fin/g/fortcabins_Prospect_DeveloperCredit.pdf
VDH - https://dvcexplorer.com/fin/g/VillasatDisneyland_Prospect_DeveloperCredit.pdf
Aulani - https://dvcexplorer.com/fin/g/aulani_Prospect_DeveloperCredit.pdf

Article summarizing the above incentives: https://dvcfan.com/news/spring-2025-dvc-direct-sales-incentives/

Article on the new financing options: https://dvcfan.com/purchasing-dvc/dvc-introduces-15-year-financing-heres-why-it-makes-sense/

EDIT 5/10/25
New Incentives have rolled out for Annual Passholders. Thank you to @byurick and @atthebeachclub for sharing the links:
Riviera (Existing Member): https://dvcexplorer.com/fin/cm/Riviera_Member_SpecialOffer_WDWAnnualPass.pdf
Polynesian (Existing Member) https://dvcexplorer.com/fin/cm/Polynesian_Member_SpecialOffer_WDWAnnualPass.pdf

Riviera (New Member): https://dvcexplorer.com/fin/c/Riviera_Prospect_SpecialOffer_WDWAnnualPass.pdf
Polynesian (New Member): https://dvcexplorer.com/fin/c/Polynesian_Prospect_SpecialOffer_WDWAnnualPass.pdf
Cabins (New Member): https://dvcexplorer.com/fin/c/fortcabins_Prospect_SpecialOffer_WDWAnnualPass.pdf

Do resale owners count as existing ?