The Poly2 Pricing Thread

[Sandisw]

That is a really interesting point and question.

Given that a point translates to a fractional percentage of ownership in a specific unit, I wouldn't think that the "ownership" percentage reflected in the points could be transferred from one declared unit to another. If my understanding of that is accurate, then I wouldn't think that DVC could reduce the number of points associated with a bungalow and redistribute those points to another type of unit as it changes the underlying "ownership". It makes sense that the required points for room use can change within the calendar year because that is neutral to the overall number of "ownership" points by unit.

But maybe I am all wrong in this thinking? It's early and I've only had one cup of coffee.

The points represent that fractional ownership and that is why they can’t ever sell more points or add points to units for sale because it would change that.

Where it gets muddy…IMO…is adjusting for use across the resort. For example, February 29th adds more points to the unit for that year for stays, but it hasn’t changed someones ownership percentage because those points were not additional ones sold.

Many here do believe points need to be neutral even for use and not just for sale. But, DVC did adjust with treehouses so to some degree they felt they could. It has never been challenged though so no clear answer if it crossed lines.

Honestly, though, I would not expect shifting of points like this at Poly, even if it becomes one association.

 

[KimMcGowan]

Interesting… Doesn’t the press release say, “Disney's Polynesian Villas & Bungalows currently has 380 Disney Vacation Club villas”? Currently, as in the number will be changing.

 

[jppeek]

Interesting… Doesn’t the press release say, “Disney's Polynesian Villas & Bungalows currently has 380 Disney Vacation Club villas”? Currently, as in the number will be changing.

So I am very much hoping it’s part of the original so I may be grasping at straws a bit lol, but for me “currently has” as you pointed out would mean that number was gonna change. I would think if it wasn’t they would have said something like “the original Polynesian has” I also took the below

“the proposed vacation ownership property would complement the existing resort and evoke the spirit of the Pacific Islands.”

By definition I take that to mean complete the existing resort. The poly always had a giant hole with no real (at least reasonable) multi room options, and by many was considered a partial DVC property and this is their way of changing that. If it was going to be separate it doesn’t really complement (complete) the original.

I feel like the press release leans heavily towards being part of the original and that is their current plan. Unfortunately I also think they intentionally left themselves the ability to change that plan, by not saying definitively! (Grrrr lol)

 

[Sandisw]

Interesting… Doesn’t the press release say, “Disney's Polynesian Villas & Bungalows currently has 380 Disney Vacation Club villas”? Currently, as in the number will be changing.

Yes. But that doesn’t mean the new villas will add to it. I simply read that as the Poly resorts currently has this for DVC. The new tower will add more DVC options, not that they are going to be added to PVB.

Could they have meany that? Sure. But then why did the title not say coming to PVB? It specially said the Poly Village Resort.

They did when adding VGF. Specifically announced adding to the Villas. That could be just as strong a confirmation it’s not going to become rolled into PVB

So, we are all left to speculate because you can really find each aspect and make a case for either. As I said, I think there is more there that leads to it to being its own but it’s no more if a guess.

 

[Sandisw]

So I am very much hoping it’s part of the original so I may be grasping at straws a bit lol, but for me “currently has” as you pointed out would mean that number was gonna change. I would think if it wasn’t they would have said something like “the original Polynesian has” I also took the below

“the proposed vacation ownership property would complement the existing resort and evoke the spirit of the Pacific Islands.”

By definition I take that to mean complete the existing resort. The poly always had a giant hole with no real (at least reasonable) multi room options, and by many was considered a partial DVC property and this is their way of changing that. If it was going to be separate it doesn’t really complement (complete) the original.

I feel like the press release leans heavily towards being part of the original and that is their current plan. Unfortunately I also think they intentionally left themselves the ability to change that plan, by not saying definitively! (Grrrr lol)

Resort though can also be the entire complex that is the Poly…cash and DVC.

Plus they called it a proposed vacation ownership property..not the new building or new villas?

This announcement is doing exactly what it was intended..letting people know it’s coming without letting people know how it fits in with the DVC system.

 

[DVChris]

I wonder why they used the word “proposed” for Ploy2? VGF2’s announcement did not use this word and it seems to me like a ploy to take attention (and sales) off VGF2.

 

[Sandisw]

I wonder why they used the word “proposed” for Ploy2? VGF2’s announcement did not use this word and it seems to me like a ploy to take attention (and sales) off VGF2.

I think that word allows it to not happen if things change like they did for Reflections.

It also helps for new buyers to not buy assuming it’s a done deal as it’s only been proposed.

 

[DVChris]

I think that word allows it to not happen if things change like they did for Reflections.

It also helps for new buyers to not buy assuming it’s a done deal as it’s only been proposed.

Good points, sounds like a lawyer inserted that word for CYA.
We still haven’t heard of any permits being filed for Poly2 so I’m in the camp that they announced Poly2 to slow down sales of GF2… and it worked because I read many comments here and on FB of folks changing their mind on GF2 and waiting for Poly2.

 

[wnielsen1]

We can sit here and try to take apart the Poly2 press release for months (and we will). But, what they could have said, and did not, is that it will be part of the existing association. They did this for VGF - they said it in plain English right away. So, either Poly2 will not be part of the existing association, or (more likely) they have not finalized it one way or the other yet.

 

[BrianR]

So the construction building plans are filed at the County office right? So in theory once they're filed you can determine if it's the same or new based on the number of possible studios the new building has. Here's hoping some of the Poly superfan groups / sites get a hold of it and post it.

 

[KVacc]

I wonder why they used the word “proposed” for Ploy2? VGF2’s announcement did not use this word and it seems to me like a ploy to take attention (and sales) off VGF2.

I think that word allows it to not happen if things change like they did for Reflections.

It also helps for new buyers to not buy assuming it’s a done deal as it’s only been proposed.

When we talked to our guide last week when we were considering buying VGF2, and then we brought up well maybe will just wait for poly 2 to come out and see what that offer is, his response was we don’t even know that that is really going to be built, it’s just listed as a project that could happen. So I know he was trying to make a sale now, I don’t think they were trying to take any thing away from VGF2 to being sold because the guides were still pushing it.

 

[KimMcGowan]

When the GF expansion was announced I was excited for the current GF owners, thinking it would help them out with availability. So I am a little surprised/disappointed in the number of people actively rooting for a new association just to freeze out us current Poly owners. I know, I know - we bought knowing what we were getting (and I am still happy we did). Just surprised is all.

 

[Docwheeze]

When the GF expansion was announced I was excited for the current GF owners, thinking it would help them out with availability. So I am a little surprised/disappointed in the number of people actively rooting for a new association just to freeze out us current Poly owners. I know, I know - we bought knowing what we were getting (and I am still happy we did). Just surprised is all.

Agree! "Welcome Home" means ALL members are truly welcome!

 

[DVCSunDevil]

When the GF expansion was announced I was excited for the current GF owners, thinking it would help them out with availability. So I am a little surprised/disappointed in the number of people actively rooting for a new association just to freeze out us current Poly owners. I know, I know - we bought knowing what we were getting (and I am still happy we did). Just surprised is all.

It’s not personal. From the comments I have read, there are both current poly owners and prospective Poly2 owners that are “rooting” for Poly2 to be it’s own association. The prospective Poly2 owners don’t want to be competing with the current Poly owners at 11 months. Seems reasonable. And the current poly owners have concerns regarding MFs. Again, seems reasonable. Everyone is going to “root” for what is in his/her best interest.

If I am a current poly owner but I want to stay in one and two bedrooms, I’m going to be rooting for them to be rolled into the same association. However, if I’m a current Poly owner and I don’t care about larger rooms but I’m more concerned about maintenance fees, then I’m going to be rooting against it being rolled into the same association. Neither side has anything against the other side, it’s just what they would prefer.

 

[Sandisw]

When the GF expansion was announced I was excited for the current GF owners, thinking it would help them out with availability. So I am a little surprised/disappointed in the number of people actively rooting for a new association just to freeze out us current Poly owners. I know, I know - we bought knowing what we were getting (and I am still happy we did). Just surprised is all.

I admit my vote is purely selfish. I won’t buy if it is the same but will if it is a new one.

I am not a huge fan of the current Poly but love the tower idea and the larger rooms.

So, a new one means less competition at 11 months for owners there and if it comes with the resale restrictions, it blocks out even more owners.

 

[redboat45]

When the GF expansion was announced I was excited for the current GF owners, thinking it would help them out with availability. So I am a little surprised/disappointed in the number of people actively rooting for a new association just to freeze out us current Poly owners. I know, I know - we bought knowing what we were getting (and I am still happy we did). Just surprised is all.

I just want a longer expiration date if I'm going to pay direct prices.

 

[ajsanford]

I admit my vote is purely selfish. I won’t buy if it is the same but will if it is a new one.

I am not a huge fan of the current Poly but love the tower idea and the larger rooms.

So, a new one means less competition at 11 months for owners there and if it comes with the resale restrictions, it blocks out even more owners.

I agree with you- I think it will be a new association (and it is also kind of a selfish desire). Also, currently RIV is the only resort with those resale restrictions, and that was not the intention. The intention was that all new resorts would have these restrictions. I feel that like that died for a time with Reflections, but if DVC wants to stick with this, then I think this expansion will be the time they do it! I also think the resale restrictions wouldn't hurt this project as much as it did RIV since people are already in love with poly....

 

[DVCSunDevil]

I agree with you- I think it will be a new association (and it is also kind of a selfish desire). Also, currently RIV is the only resort with those resale restrictions, and that was not the intention. The intention was that all new resorts would have these restrictions. I feel that like that died for a time with Reflections, but if DVC wants to stick with this, then I think this expansion will be the time they do it! I also think the resale restrictions wouldn't hurt this project as much as it did RIV since people are already in love with poly....

That is a good point that was discussed earlier. If DVC is serious about resale restrictions then they should make Poly2 a new association that carries those restrictions. Otherwise, why did Riviera direct owners buy direct if all DVC is going to do is open new locations (VGF2, Poly2) that don't carry resale restrictions? I can see why they didn't at VGF2 because that was essentially a conversion of a building that was already built. But Poly2 is going to be entirely new construction. If DVC doesn't make it a new association, then they should eliminate the Riviera resale restrictions.

 

[DVCsloth]

Hopefully they add a mix of rooms. I won't be adding on though, I intend to either add to my CCV or add on at RIV. If they do add 1BR's I will be stalking at 7 months.

 

[Red Dog Run]

Not a good time to buy or sell Pol.

Agree! "Welcome Home" means ALL members are truly welcome!

When the GF expansion was announced I was excited for the current GF owners, thinking it would help them out with availability. So I am a little surprised/disappointed in the number of people actively rooting for a new association just to freeze out us current Poly owners. I know, I know - we bought knowing what we were getting (and I am still happy we did). Just surprised is all.

Not rooting for it to be new at all! Just think it will be. Resale allows us all to have a way out if things change and we "have" to unload for whatever reason. I have 10 contracts: 7 resale/3 direct. I'd love to have no restrictions, which is why I did not by Riveria just in case I had difficulty selling for a specific use year. Disney NEEDS resale. Makes the product seem more valuable for convience of walking away. Think, though, restrictions drive direct sales, so it will be direct purchase only. I won't buy unless it is part of the same association. I fully believe it will be new to make this the new normal. Then, maybe people like me will reconsider Riveria if we also step into a new Poly assoc. Just a thought. We won't know until Disney execs have read the DIS boards and gotten enough information from these types of posts to make decisions. Why pay for analysts when these posts tell a truer tale than what their coders could have predicted.