NEWS: Upcoming Price increases for Polynesian and Aulani?

[DVC Mike]

From *******:

Reliable sources are reporting upcoming price increases for both Aulani and the Polynesian.

EFFECTIVE: May 4, 2016 for new buyers and June 1, 2016 for current members

Both will be increasing from $168/point to $171/point.

https://*******.com/price-increases-polynesian-aulani/


http://i235.************************************************************* DVC Mike - *******.com

 

[_auroraborealis_]

...because they weren't already ridiculous enough?!

 

[jerseyduke]

Because they can!

And people will pay it.

While I totally understand the argument against financing, when I bought my VGF contract, at 150 per point, I financed a portion of it. (It was not through Disney, and it was at a reasonable interest rate).

I will have it payed off this July. 150 points, total of about 1,000$ of interest paid.

150 points, and 150 per point = 22,500 + 1000 interest, 23,500.

If I were to buy VGF today:
150 points 180 per point = 27,000$
even 167$ at the poly = 25,000$

So, if I had taken the "save and wait til you can pay cash" route (which really is the smarter financial option), it would have actually costed me more to wait to buy!
(And to top it off, the interest I paid went to a family member, not the mouse! So my financing netted a family member 1,000$. Waiting would have netted the mouse 3,000 - and that just should not be!)

The above is not a justification for financing, it is meant as an anecdote to illustrate the crazy rise in the direct price per point

 

[DisDadDVC]

Because they can!

And people will pay it.

While I totally understand the argument against financing, when I bought my VGF contract, at 150 per point, I financed a portion of it. (It was not through Disney, and it was at a reasonable interest rate).

I will have it payed off this July. 150 points, total of about 1,000$ of interest paid.

150 points, and 150 per point = 22,500 + 1000 interest, 23,500.

If I were to buy VGF today:
150 points 180 per point = 27,000$
even 167$ at the poly = 25,000$

So, if I had taken the "save and wait til you can pay cash" route (which really is the smarter financial option), it would have actually costed me more to wait to buy!
(And to top it off, the interest I paid went to a family member, not the mouse! So my financing netted a family member 1,000$. Waiting would have netted the mouse 3,000 - and that just should not be!)

The above is not a justification for financing, it is meant as an anecdote to illustrate the crazy rise in the direct price per point

When the price per point goes up at a higher rate than Disney's usurious lending rates, you know there is a problem.

 

[jerseyduke]

When the price per point goes up at a higher rate than Disney's usurious lending rates, you know there is a problem.

Well, I did not finance through Disney, but I just did a quick check, and if I had, and I had paid 14.99%, paying it off in 3 years still would have been less out of pocket than waiting. RIDICULOUS!

Again, not saying financing is the smart move....just using my situation to show the crazy price increases.

I do not see how that can continue to go on....but who knows

 

[suebeelin]

I can't believe ppl pay will that much per point.

Crazy.

 

[pangyal]

Can I just say that I am extremely tired overall of hearing the words "Disney" and "increase" in the same sentence in pretty much every single sub forum and topic on this whole board? It's so disheartening. Please make them stop and let us breathe before they go yet again to the next level of clawing at our money. Sorry, soapbox rant over. Guess they aren't selling enough to remain at the increased cost they just brought in what, three months ago?

 

[MinnieB]

If this is true, it seems odd to provide purchase incentives (in the form of bonus points) on a resort at the same time as one is raising the price. Then again, I suppose the whole concept of mark up and then have a sale isn't a new one....

 

[DisDadDVC]

If this is true, it seems odd to provide purchase incentives (in the form of bonus points) on a resort at the same time as one is raising the price. Then again, I suppose the whole concept of mark up and then have a sale isn't a new one....

Trying to increase demand by pretending there is demand.

 

[Popouri DVC]

This is silliness.... But you bettah believe people will pay it!

 

[McCrae]

Can I just say that I am extremely tired overall of hearing the words "Disney" and "increase" in the same sentence in pretty much every single sub forum and topic on this whole board? It's so disheartening. Please make them stop and let us breathe before they go yet again to the next level of clawing at our money. Sorry, soapbox rant over. Guess they aren't selling enough to remain at the increased cost they just brought in what, three months ago?

If you have already bought DVC why is this an issue? I think it's good news. The resale value of my points has been and will continue to increase and it's a sign that DVC remains popular with new potential buyers.

 

[pangyal]

If you have already bought DVC why is this an issue? I think it's good news. The resale value of my points has been and will continue to increase and it's a sign that DVC remains popular with new potential buyers.

It's an issue because it's a continuing theme of corporate greed that has now branched out, in the past month, to include food prices, ticket prices, package prices, dining plan prices, and rumours of resort fees, all while cutting the CMs' hours, popular character meets, shows, and more. They are trying to squeeze guests from every angle due to their issues in Shanghai and trying to continue to appease shareholders. Whether we have bought DVC or not doesn't change the big picture. Your points will not be as valuable in the resale market if it becomes overly expensive to stay there and people look for other vacation ideas.

I disagree that it means DVC is popular with new buyers. For them to have both increases and purchase bonuses offered for only Poly and Aulani, which are known to be trailing in sales, indicates that they are having more trouble selling these points than previously thought. Notice they didn't increase direct pricing for the other resorts.

 

[jerseyduke]

It's an issue because it's a continuing theme of corporate greed that has now branched out, in the past month, to include food prices, ticket prices, package prices, dining plan prices, and rumours of resort fees, all while cutting the CMs' hours, popular character meets, shows, and more. They are trying to squeeze guests from every angle due to their issues in Shanghai and trying to continue to appease shareholders. Whether we have bought DVC or not doesn't change the big picture. Your points will not be as valuable in the resale market if it becomes overly expensive to stay there and people look for other vacation ideas.

I disagree that it means DVC is popular with new buyers. For them to have both increases and purchase bonuses offered for only Poly and Aulani, which are known to be trailing in sales, indicates that they are having more trouble selling these points than previously thought. Notice they didn't increase direct pricing for the other resorts.

What issues are these?

 

[pangyal]

What issues are these?

http://www.disboards.com/threads/budget-cuts-at-walt-disney-world.3484299/

For your reading pleasure

 

[jerseyduke]

Thank You!

 

[crazyventures]

$168/point wasn't expensive enough? I'll take my resale BLT contract, thank you very much!

 

[McCrae]

It's an issue because it's a continuing theme of corporate greed that has now branched out, in the past month, to include food prices, ticket prices, package prices, dining plan prices, and rumours of resort fees, all while cutting the CMs' hours, popular character meets, shows, and more. They are trying to squeeze guests from every angle due to their issues in Shanghai and trying to continue to appease shareholders. Whether we have bought DVC or not doesn't change the big picture. Your points will not be as valuable in the resale market if it becomes overly expensive to stay there and people look for other vacation ideas.

I disagree that it means DVC is popular with new buyers. For them to have both increases and purchase bonuses offered for only Poly and Aulani, which are known to be trailing in sales, indicates that they are having more trouble selling these points than previously thought. Notice they didn't increase direct pricing for the other resorts.

I accept that for some people this maybe a problem, but it's not for the majority of people. Simple supply and demand confirm this is the case. Disney remains very popular and the resale market is booming.

Disney prices always go up and will continue to do so and DVC prices go up overtime regardless of price increases at the parks.

No reason to suggest the previous historical trend should change.

As an existing member I am delighted that prices are going up.... It confirms my initial investment was a good idea and if I want to I can sell at a large profit

 

[DisDadDVC]

It's an issue because it's a continuing theme of corporate greed that has now branched out, in the past month, to include food prices, ticket prices, package prices, dining plan prices, and rumours of resort fees, all while cutting the CMs' hours, popular character meets, shows, and more. They are trying to squeeze guests from every angle due to their issues in Shanghai and trying to continue to appease shareholders. Whether we have bought DVC or not doesn't change the big picture. Your points will not be as valuable in the resale market if it becomes overly expensive to stay there and people look for other vacation ideas.

I disagree that it means DVC is popular with new buyers. For them to have both increases and purchase bonuses offered for only Poly and Aulani, which are known to be trailing in sales, indicates that they are having more trouble selling these points than previously thought. Notice they didn't increase direct pricing for the other resorts.

I believe they just did a few weeks ago.

http://dvcnews.com/index.php/dvc-pr...1-dvc-to-increase-prices-for-sold-out-resorts

 

[jerseyduke]

Actually, historical trends may be changing.

When VGF was on sale to the general public in late may/early june it was 150 per point. It was raised in Feb of 2014 to 155, and in June 2014 to 165. That is a 5, then 10 dollar increase. In one year it was selling for 10% more than it was when it started.

When Poly went on sale in Jan 2015, it was 160. Now one year(plus) later it will be 171. That is both a smaller percentage rise, and a smaller actually dollar rise the VGF showed in one year. But VGF did go up faster than BLT.

I just noticed that the last 2 price increases were only 3$ per point, not the typical 5 or 10, so perhaps a ceiling is being reached???

 

[McCrae]

Actually, historical trends may be changing.

When VGF was on sale to the general public in late may/early june it was 150 per point. It was raised in Feb of 2014 to 155, and in June 2014 to 165. That is a 5, then 10 dollar increase. In one year it was selling for 10% more than it was when it started.

When Poly went on sale in Jan 2015, it was 160. Now one year(plus) later it will be 171. That is both a smaller percentage rise, and a smaller actually dollar rise the VGF showed in one year. But VGF did go up faster than BLT.

I just noticed that the last 2 price increases were only 3$ per point, not the typical 5 or 10, so perhaps a ceiling is being reached???

I wonder how much of this is to do with Poly specific issues.... The format they used was new for DVC and the lack of 1 or 2 BR's made the resort less attractive for some potential buyers.