Poly1 v (?) Poly 2

[Nursemanit]

Don't go hating on Riviera because it isn't your cup of tea now lol. Some of use don't enjoy the charm of 1/4 mile walks or internal buses to get to our rooms lol.

The boutique-ness of it is the main selling point.

I don't like the bus period - hence avoiding RR. I would not stay in that midwestern apartment building they call SS either.

 

[Paul Stupin]

The worst reason to purchase DVC is " what will happen in 40-50 years" first of all, no one knows. Worry about the next 5-10 years.

Second, Only purchase at a resort you love. If that resort is not VGF or RR then don't purchase direct.

Right now, direct VGF is the only one that will not instantly depreciate 28%-38%. Some of the DVC direct prices like BLT are $100 a point more than resale value. Get an Excel spreadsheet ( pre-made ones are available) and do some cold impartial math. If your purchase does not save you money in less than 10 years - skip it. BLT direct on a 10-year timeframe is 3975(e) + 1062(m) which is over 5k for a week in an LV studio. The cash price is 4,750. So using a mid-priced week at BLT you will not save a dime buying direct for the first 10 years.

Now resale 2400(e) + 1062(m) so 3500 for a week - is a good deal. That's $1,500 per week vs rack rates. or 15k in the first 10 years. Now does that occasional use of the TOTW lounge sound like something you would pay an extra $1500 for each trip? Because that is the only thing you lose if you purchase BLT resale and like the BLT. Don't let Disney distract you with "lounges" that are not guaranteed.

And don't worry about dining and merch "discounts" since the Disney Visa gets you similar discounts. The same for AP - they are not worth it for a 1 week's vacation.

And don't have FOMO over unbuilt magical resorts, first of all, they can end up like Reflexions and never happen. But more realistically, they will be like RR, a built-to-price, Marriott-style, box-like tower hotel, that lacks the charm of the original quality themed resorts.

Even if you like the new resort, if you buy resale you can sell it, historically speaking, without taking that 35% loss and buy the new resort so you are not closing your options.

Good points, but a few things to keep in mind. Direct gives you a lot more than TOTW lounge access. Resale buyers always skoff at the direct DVC perks and huff and puff that’s such trivialities aren’t worth it. To some, they are, so get over it. But buying direct also gives you the ability to book at Riviera, and probably Poly2 and VDH as well. And that’s just in the next few years. I don’t think it’s wild speculation to expect similar DVC expansions and towers popping up elsewhere, probably in the Epcot area. And that’s not 40-50 years away, it’s within a 10 year time frame. And in 20 years resale buyers will be shut out completely from the Epcot area as well. Resale buyers need to be aware and consider this, don’t you think?

I‘m sorry you don’t care for Riviera, but I think I’d rather stay there, and VDH, and Poly2 than I would an ever diminishing collection of aging resorts. Understated, contemporary theming can be nice as well. I own at VGF, Copper Creek, and Aulani, with a mix of mostly resale but also some direct, and I love all the resorts, but I also value that I can use my direct points for whatever new construction DVC will offer down the line.

 

[kdm31091]

I think the only reason CCV is separate from BRV is the huge difference in length of contract. Other than that, additions have been the same association. I think this is what will happen with Poly2.

 

[DVCsloth]

I think the only reason CCV is separate from BRV is the huge difference in length of contract. Other than that, additions have been the same association. I think this is what will happen with Poly2.

Could be, I doubt it though. Wouldn't make a lot of sense for Disney to spend a ton of money on brand new construction and then try to justify selling when there are already millions of points that can book at 11 months. I wouldn't even consider adding on there if it was the same association.

 

[Sandisw]

I think the only reason CCV is separate from BRV is the huge difference in length of contract. Other than that, additions have been the same association. I think this is what will happen with Poly2.

The only addition was VGF and that was a unique.

Poly tower can expire with PVB and still be new.

It comes down to restrictions and whether that goal is abandoned. The fact they didn’t announce it immediately like they did for VGF means something. And that something means it’s not a sure thing one way or the other.

 

[kdm31091]

The only addition was VGF and that was a unique.

Poly tower can expire with PVB and still be new.

It comes down to restrictions and whether that goal is abandoned. The fact they didn’t announce it immediately like they did for VGF means something. And that something means it’s not a sure thing one way or the other.

What do you mean? There have been several additions over the years. AKV shared a contract. Saratoga treehouses share a contract. My point is the only time it has been a new contract is the BRV situation which means technically it’s more likely they go the same contract route at least in my view. I could be wrong and I understand the argument for a new association. I’m just saying I think there’s a good chance it’s the same. There are 3 precedents for the same contract situation and only 1 for not.

 

[Sandisw]

What do you mean? There have been several additions over the years. AKV shared a contract. Saratoga treehouses share a contract. My point is the only time it has been a new contract is the BRV situation which means technically it’s more likely they go the same contract route at least in my view. I could be wrong and I understand the argument for a new association. I’m just saying I think there’s a good chance it’s the same. There are 3 precedents for the same contract situation and only 1 for not.

All those were before restrictions. IMO that is a big difference in this discussion.

When those were added there was no difference between resale and direct for where to use points.

That is why this is different because when those things were added they didn’t need to make a new association.

Once RIV came on the scene, the product changed. So all decisions from this point forward are going to take that into consideration.

That is why I said VGF is the only one that has happened since 2019 and the changes DVD made to differentiate between resale and direct.

What would be a reason not to announce it as the same if they weren’t at least considering it to be a new resort? They were not shy with VGF.

Every announcement and info so far can be interpreted whichever way one wants.

But, as of today, DVDs long term plan seems to be resale restrictions so until they come out with something that says otherwise? I’d say it’s more likely than not Poly tower is a new resort and not part of PVB.

 

[Nursemanit]

Could be, I doubt it though. Wouldn't make a lot of sense for Disney to spend a ton of money on brand new construction and then try to justify selling when there are already millions of points that can book at 11 months. I wouldn't even consider adding on there if it was the same association.

There is a consistent amount of points per room - if you bought RR now there would already be millions of points that could book at 11 months. What are you talking about ?

 

[DVCsloth]

There is a consistent amount of points per room - if you bought RR now there would already be millions of points that could book at 11 months. What are you talking about ?

Talking about Poly2, if it is the same association.

 

[Nursemanit]

Talking about Poly2, if it is the same association.

No, I know what resort you are referring to. I was questioning your bizarre reasoning that having millions of points already purchased would affect your decision to purchase? there are over 2 million RR points sold and so would it be a bad decision to buy RR?

When they add rooms they add points in proportion so it will not really affect availability

 

[Sandisw]

No, I know what resort you are referring to. I was questioning your bizarre reasoning that having millions of points already purchased would affect your decision to purchase? there are over 2 million RR points sold and so would it be a bad decision to buy RR?

When they add rooms they add points in proportion so it will not really affect availability

Some of us are referring to whether the current 4 million points from PVB will have the same 11 month booking as Poly tower.

For example, same association, assume Poly tower is 2.5 million points, you have 6.5 million points eligible for Poly tower at 11 months.

If PVB had all room sizes, it would not be as big as an issue..but PVB is studios..and bungalows so many of those original owners could want the larger rooms.

Not the same as RIV since those millions of points match a resort with all room sizes.

Different association then only 2.5 million points get the 11 month advantage for those rooms..the points sold for the actual rooms. PVB points would have booking at 7 months only..and if it has restrictions, PVB points bought since 2019 won’t even have rights there at all.

So, if Poly tower is its own association some of us will buy it. We will not if we have to complete for the Poly tower rooms with PVB owners.

I don’t like the current DVC situation at PVB but the tower set up is my type of resort..like RIV..so will be willing to buy it as long as I am not completing with PVB owners.

Actually, it’s why some current VGF owners are worried that 2 million points sold against studios could make getting the small number of larger units more difficult since new buyers now are not all buying for studios.

My 300 points are for booking the larger units much of the time.

 

[Nursemanit]

Some of us are referring to whether the current 4 million points from PVB will have the same 11 month booking as Poly tower.

For example, same association, assume Poly tower is 2.5 million points, you have 6.5 million points eligible for Poly tower at 11 months.

If PVB had all room sizes, it would not be as big as an issue..but PVB is studios..and bungalows so many of those original owners could want the larger rooms.

Not the same as RIV since those millions of points match a resort with all room sizes.

Different association then only 2.5 million points get the 11 month advantage for those rooms..the points sold for the actual rooms. PVB points would have booking at 7 months only..and if it has restrictions, PVB points bought since 2019 won’t even have rights there at all.

So, if Poly tower is its own association some of us will buy it. We will not if we have to complete for the Poly tower rooms with PVB owners.

I don’t like the current DVC situation at PVB but the tower set up is my type of resort..like RIV..so will be willing to buy it as long as I am not completing with PVB owners.

Actually, it’s why some current VGF owners are worried that 2 million points sold against studios could make getting the small number of larger units more difficult since new buyers now are not all buying for studios.

My 300 points are for booking the larger units much of the time.

But there are lots of people like me who don't cook on vacation and would never rent a 1 BR. We were drawn to PVB since they have big studios. DVC adding a ton of 1/2/3/ BR units will not affect us. You like towers so in your mind you think we are all just waiting to compete with you. In reality, If I wanted a mid-rise generic box like they are installing I would have bought at Wyndham or Mariott timeshares. I want the classic Disney resort.

 

[Sandisw]

But there are lots of people like me who don't cook on vacation and would never rent a 1 BR. We were drawn to PVB since they have big studios. DVC adding a ton of 1/2/3/ BR units will not affect us. You like towers so in your mind you think we are all just waiting to compete with you. In reality, If I wanted a mid-rise generic box like they are installing I would have bought at Wyndham or Mariott timeshares. I want the classic Disney resort.

First, there is no need to constantly be dismissive to people who do like that type of resort. DVC offers plenty of options and you have your favorites and respect that others have their favorites.

Second, I don’t cook on vacation either…other than bagels for breakfast and heating leftovers and I do 1 bedrooms even for solo trips. Its not the kitchen, it’s the space and the washer/dryer that I like.

The point is there will be PVB owners who will enjoy having more of those options and some of us don’t want to own a resort that has us competing with them or own there with the imbalance Of being a very studio heavy resort.

To be fair, I did buy VGF with all those studios added even though that isn’t my plan..but, I like the resort enough and location of BPK to risk it for the one night each trip we stay before heading to RIV.

To own..there, we simply want it to be its own association...personally believe it will…and if it is will buy there..if not, it’s worth the risk to compete at 7 months.

But, to be part of the same association guarantees more competition for those rooms and not worth it to actually own it. Plenty of posts already from current PVB owners who want it to be the same so they can indeed book it.

DVD will have to weigh all their options and make the decision based on what they think will sell the best and more importantly, whether they will abandon the restrictions model.

If VDH comes out with them…west coast or not.…it means it still a goal for them…if they don’t, then its a good sign that they could be changing it up and we might even see them removed from RIV…which they have the legal right to do.

 

[Nursemanit]

First, there is no need to constantly be dismissive to people who do like that type of resort. DVC offers plenty of options and you have your favorites and respect that others have their favorites.

Second, I don’t cook on vacation either…other than bagels for breakfast and heating leftovers and I do 1 bedrooms even for solo trips. Its not the kitchen, it’s the space and the washer/dryer that I like.

The point is there will be PVB owners who will enjoy having more of those options and some of us don’t want to own a resort that has us competing with them or own there with the imbalance Of being a very studio heavy resort.

To be fair, I did buy VGF with all those studios added even though that isn’t my plan..but, I like the resort enough and location of BPK to risk it for the one night each trip we stay before heading to RIV.

To own..there, we simply want it to be its own association...personally believe it will…and if it is will buy there..if not, it’s worth the risk to compete at 7 months.

But, to be part of the same association guarantees more competition for those rooms and not worth it to actually own it. Plenty of posts already from current PVB owners who want it to be the same so they can indeed book it.

DVD will have to weigh all their options and make the decision based on what they think will sell the best and more importantly, whether they will abandon the restrictions model.

If VDH comes out with them…west coast or not.…it means it still a goal for them…if they don’t, then its a good sign that they could be changing it up and we might even see them removed from RIV…which they have the legal right to do.

I don't think it is being dismissive to point out that towers are basically generic and are a lower cost to build. You could place RR outside of Disney property and it would struggle to command $300 / night. While AK or BW could be anywhere and command more $. Disney is going cheap with the towers - they seem to have lost the ability to innovate and create unique resorts.

 

[Sandisw]

I don't think it is being dismissive to point out that towers are basically generic and are a lower cost to build. You could place RR outside of Disney property and it would struggle to command $300 / night. While AK or BW could be anywhere and command more $. Disney is going cheap with the towers - they seem to have lost the ability to innovate and create unique resorts.

As I said, plenty of us like these type of resorts..we like the subtle touches of what they represent.

Many of us see them as unique and creative. Some of us don’t want or need over the top theming like an AKV.

RIV is a beautiful and relaxing resort. After being in the thick of Disney all day at the parks, some of us enjoy going back to a resort that takes us back out of the hectic Disney day but still being close to it all.

I think the new Poly tower will add to the ambience to Poly and give those who want to stay there a choice, especially for those who don’t want the studios or like the current set up.

But, your initial question or comment was trying to understand the “bizarre” thinking of why some won’t buy if they add it to the same association of PVB.

Having 6 million points competing for rooms vs about 2.5 million points competing for rooms is a big deal, when then 4 million points are tied to rooms you don’t really care to stay at.

 

[CarolMN]

Having 6 million points competing for rooms vs about 2.5 million points competing for rooms is a big deal, when then 4 million points are tied to rooms you don’t really care to stay at.

I'm not convinced that is going to be much of an issue. It doesn't look like it is at the VGF, due to the point chart foe the later villas. I expect the chart for the new Poly vllas will be higher than that for the existing studios. The new tower will have a large number of theme park /fireworks views, which I anticipate will cost a lot more than the current studios do. I think the large majority of PVB contracts are on the smaller size, and most of those members prefer to stretch their points and stay longer.

It's going to come down to the point charts.

 

[Nursemanit]

The bizarre refers to people who think that 1 Br buyers are competing with anyone other than 1 br buyers.

I like a washer / dryer but for the $1800 extra a 1br costs I can have the hotel laundry wash / dry clean and fold my clothes for me

 

[Sandisw]

I'm not convinced that is going to be much of an issue. It doesn't look like it is at the VGF, due to the point chart foe the later villas. I expect the chart for the new Poly vllas will be higher than that for the existing studios. The new tower will have a large number of theme park /fireworks views, which I anticipate will cost a lot more than the current studios do. I think the large majority of PVB contracts are on the smaller size, and most of those members prefer to stretch their points and stay longer.

It's going to come down to the point charts.

And it may not, but the discussion was referring to some of us not wanting to own there if it’s tied to PVB.

Way too early to tell what level of impact the new points at VGF will have on VGF1 rooms. Until all those points are in the system, we won’t know.

 

[Sandisw]

The bizarre refers to people who think that 1 Br buyers are competing with anyone other than 1 br buyers.

I like a washer / dryer but for the $1800 extra a 1br costs I can have the hotel laundry wash / dry clean and fold my clothes for me

Poly studios are some of the easiest to get at 7 months. Why? Because owners are transferring out to stay at other resorts, and that includes booking larger units elsewhere.

It may not only be 1 bedrooms but 2 bedrooms as well. So, it’s not bizarre at all that people want the resort to be it’s own resort and not tied to PVB.

Again, DVC offers plenty of options for all different types of owners. You are happy with studios and don’t see a need for larger units. But, plenty of owners do and find the points being spent on those larger units worth it.

 

[wnielsen1]

Poly studios are some of the easiest to get at 7 months. Why? Because owners are transferring out to stay at other resorts, and that includes booking larger units elsewhere.

It may not only be 1 bedrooms but 2 bedrooms as well. So, it’s not bizarre at all that people want the resort to be it’s own resort and not tied to PVB.

Again, DVC offers plenty of options for all different types of owners. You are happy with studios and don’t see a need for larger units. But, plenty of owners do and find the points being spent on those larger units worth it.

I'm with you, Sandi. It makes the new tower unappealing to me even though we wouldn't know what the impact will be. I would just buy PVB resale if they put it in the same association.