November 2022 Direct sales.

[Cfabar1]

Maybe the verdict is in, but folks here don’t want to believe it because “restrictions are bad.”

I don’t think we will know what that really means for about 10 years… The restrictions don’t impact the original owners, more the resale owners. The fact that Riviera points are holding up pretty well in resale for right now, seems to indicate that the new DVC2 experience is just fine though.

 

[RoseGold]

I don’t think we will know what that really means for about 10 years… The restrictions don’t impact the original owners, more the resale owners. The fact that Riviera points are holding up pretty well in resale for right now, seems to indicate that the new DVC2 experience is just fine though.

I agree. The brand hasn't been hit enough. That will happen when enough people lose their shirts, which is happening now.

Resale restrictions are designed to burn customers, which hasn't been a thing for DVC before, generally speaking.

 

[Cfabar1]

I agree. The brand hasn't been hit enough. That will happen when enough people lose their shirts, which is happening now.

Resale restrictions are designed to burn customers, which hasn't been a thing for DVC before, generally speaking.

Yes that’s true, but I wonder who will get the last laugh…. Make the values plummet far enough and the only justifiable way to buy will be resale! Blue card benefits aren’t really all that valuable. Only unknown is post 2042 resorts really.

 

[pianomanzano]

Yes that’s true, but I wonder who will get the last laugh…. Make the values plummet far enough and the only justifiable way to buy will be resale! Blue card benefits aren’t really all that valuable. Only unknown is post 2042 resorts really.

The answer is Disney. Disney will always get the last laugh.

 

[DVCsloth]

I agree. The brand hasn't been hit enough. That will happen when enough people lose their shirts, which is happening now.

Resale restrictions are designed to burn customers, which hasn't been a thing for DVC before, generally speaking.

Not sure Disney is out to burn their customers? I think they are just trying to find ways to make selling direct easier for them.
When we first bought VGF in December 2014, direct was $165 and resale was around $140s They only had the Disney cruise and Concierge restrictions which most people said were not a good value to use your points on. So, they are just trying to find ways to justify direct sales IMO not really trying to burn anyone.

 

[tom1944]

Not sure Disney is out to burn their customers? I think they are just trying to find ways to make selling direct easier for them.
When we first bought VGF in December 2014, direct was $165 and resale was around $140s They only had the Disney cruise and Concierge restrictions which most people said were not a good value to use your points on. So, they are just trying to find ways to justify direct sales IMO not really trying to burn anyone.

As a new potential buyer I find the restrictions make it more unlikely I will buy direct. Especially with a new contract going out 50 years. They essentially reduced the potential resale market for me on a product they want top dollar for.

It might work after 2042 when there are not so many other resorts you can stay with resale points

If I was to purchase Riviera it would be a small resale contract only

 

[DVCsloth]

As a new potential buyer I find the restrictions make it more unlikely I will buy direct. Especially with a new contract going out 50 years. They essentially reduced the potential resale market for me on a product they want top dollar for.

It might work after 2042 when there are not so many other resorts you can stay with resale points

If I was to purchase Riviera it would be a small resale contract only

I think Riviera would be a great contract to buy resale, I don't think I would do it if it were my only contract though, because you can only use your resale points there.

 

[Nabas]

As a new potential buyer I find the restrictions make it more unlikely I will buy direct. Especially with a new contract going out 50 years. They essentially reduced the potential resale market for me on a product they want top dollar for.

Imagine a car manufacturer saying, “We’re going to do what we can to reduce the value of your purchase if you try to sell it.”

 

[tom1944]

Imagine a car manufacturer saying, “We’re going to do what we can to reduce the value of your purchase if you try to sell it.”

That was my first thought

I might buy the car from the original buyer but only at a real discount and with expectation that I would drive the car until it died.

Riviera’s problem is that is out to 2070

 

[BeachClub2014]

Imagine a car manufacturer saying, “We’re going to do what we can to reduce the value of your purchase if you try to sell it.”

I may have missed where DVC had said something similar. I believe the talking point for DVC would be more along the lines of: "Buy directly from us and you'll receive a superior product."

 

[hglenn]

Imagine a car manufacturer saying, “We’re going to do what we can to reduce the value of your purchase if you try to sell it.”

This. And there are plenty of other TS products out there with this same play.... and people cannot give them away....

 

[tom1944]

I may have missed where DVC had said something similar. I believe the talking point for DVC would be more along the lines of: "Buy directly from us and you'll receive a superior product."

And have to keep it the entire length of the contract because if you decide you no longer want it the value has been diminished

 

[BeachClub2014]

This. And there are plenty of other TS products out there with this same play.... and people cannot give them away....

If anyone is giving away DVC contracts, I will take them.

 

[BeachClub2014]

And have to keep it the entire length of the contract because if you decide you no longer want it the value has been diminished

That may be true at some point, but that hasn't yet been the case.

 

[hglenn]

If anyone is giving away DVC contracts, I will take them.

LOL! For sure!!! Don't get me wrong, as long as there are parks, DVC will have value... no doubt. But I think the analogy with the car here is just that the restrictions basically turn the resale product into something different. Like @RoseGold said above, it'll probably be about 10-15 years before Disney really determines if this DVC2 model is going to pay off for them.... The hard thing is the transition period - those that know what DVC once was and the new DVC members who just know what it is today....

 

[BeachClub2014]

LOL! For sure!!! Don't get me wrong, as long as there are parks, DVC will have value... no doubt. But I think the analogy with the car here is just that the restrictions basically turn the resale product into something different. Like @RoseGold said above, it'll probably be about 10-15 years before Disney really determines if this DVC2 model is going to pay off for them.... The hard thing is the transition period - those that know what DVC once was and the new DVC members who just know what it is today....

I get it, and it will be interesting to see what DVC looks like in 15 years. Especially with 2042 being on the immediate horizon. The entire resale landscape will look a lot different then.

 

[hglenn]

I get it, and it will be interesting to see what DVC looks like in 15 years. Especially with 2042 being on the immediate horizon. The entire resale landscape will look a lot different then.

No doubt about that... And I cringe to think about what the point charts will look like for BCV and BWV for what's to come there....

 

[BeachClub2014]

No doubt about that... And I cringe to think about what the point charts will look like for BCV and BWV for what's to come there....

Exactly. I think it's easy to predict that the next iterations of Boardwalk and Beach Club will come at a premium.

 

[DVCsloth]

No doubt about that... And I cringe to think about what the point charts will look like for BCV and BWV for what's to come there....

Disney could go about it 2 ways, either decent point chart and higher buy in or the other way around. They still need to keep it somewhat affordable or there will be little value in it. I think it will be lower buy in with higher point chart to lessen the initial shock.

 

[eticketplease]

I just don’t think anyone expected, including me, to see VGF have sales this low. It is a wonderful resort and has lower fees.

The dues is my reason to buy there.

My SO on the other hand would rather buy RIV even with the restrictions as we have a better chance of grabbing a 1-2 bedroom there since none were added to VGF