The Poly2 Pricing Thread

[EM Lawrence]

If Poly 2 is the same association as Poly 1, I will be first in line to buy points. I'm a current resale Poly 1 owner, and I would love to have 1 BR and 2 BR options at our beloved Poly. But if it is a new association with resale restrictions, I am most likely just going to buy more Poly 1 resale, or better yet, be content with the points I already have. I hate the resale restrictions and think they will devalue the entire DVC product long term.

 

[Lumee23]

Not sure why, but today's interpretation has me nervous about the Poly tower point charts.

I am nervous about them regardless of what way the association question falls. I think point charts will be relatively high even if it is in the same association since Poly1 is already high and it certainly won't be cheaper. They may try to keep the studio points (if applicable) in line with Poly1 but I think they will take advantage of the other room types not having a comparable alternative at Poly1 and price how they would have if it was a separate association.

I also think Poly2 studios will be close to Poly1 studios even if they are different associations unless there is some sort of significant difference between the two. I would guess the new studios would be smaller than the original since the current ones are so large. That may help justify keeping the points similar.

That being said do people expect Poly2 to exceed the VGF point charts being that VGF is the flagship resort?

Obviously a complete guess on the starting point value but I was thinking it would fall somewhere between Riviera and VGF:
Duo - 11 (S), 13 (TP)
Studio - 15 (S), 20 (TP)
1 Bed - 30 (S), 40 (TP)
2 Bed - 42 (S), 52 (TP)
GV - 106

I doubt I am anywhere close but its fun to speculate while I not so patiently wait for more info

 

[Sandisw]

I just wonder if it's a new association with an elaborate pool area (somehow) will Disney restrict it to Poly 2 owners? But I don't know what has been said about a new pool and such.

There are a few ways they can decide to deal with the new pool. It can be a common element of the tower, which is funded only by owners and restricted, like BLT. I dont see this as the likely option.

They can declare it as a common element but open it with a reciprocal agreement with the hotel and PVB so that all pools at the resort are shared with all guests. IMO, I think this is what we will see, especially since there are long houses that are part of the hotel right there.

All the current pools at Poly are owned by the hotel so PVB owners have right to use and why they pay a share of operational costs.

 

[Minniemoo15]

I am nervous about them regardless of what way the association question falls. I think point charts will be relatively high even if it is in the same association since Poly1 is already high and it certainly won't be cheaper. They may try to keep the studio points (if applicable) in line with Poly1 but I think they will take advantage of the other room types not having a comparable alternative at Poly1 and price how they would have if it was a separate association.

I also think Poly2 studios will be close to Poly1 studios even if they are different associations unless there is some sort of significant difference between the two. I would guess the new studios would be smaller than the original since the current ones are so large. That may help justify keeping the points similar.

That being said do people expect Poly2 to exceed the VGF point charts being that VGF is the flagship resort?

Obviously a complete guess on the starting point value but I was thinking it would fall somewhere between Riviera and VGF:
Duo - 11 (S), 13 (TP)
Studio - 15 (S), 20 (TP)
1 Bed - 30 (S), 40 (TP)
2 Bed - 42 (S), 52 (TP)
GV - 106

I doubt I am anywhere close but its fun to speculate while I not so patiently wait for more info

Poly1 already exceeds GFV in some seasons. The week we go, it is 181 points at PVB and 172 points at GFV. So that seal has already been broken. I think the sky is the limit with PVB 2..

 

[Frugal Fairy Tales]

Poly1 already exceeds GFV in some seasons. The week we go, it is 181 points at PVB and 172 points at GFV. So that seal has already been broken. I think the sky is the limit with PVB 2..

Yep!

 

[Lumee23]

Wow I didn’t realize there was that kind of fluctuation and Poly was at times more expensive than VGF already. That is definitely not a good sign for reasonable point charts.

I was so excited for VDH and Disney managed to squash that. I am trying to be optimistic about Poly2 still but it is a very cautious optimism. Some floor plans and some more renditions would help

 

[Frugal Fairy Tales]

Poly tower point charts will be the highest yet.

 

[RoseGold]

Not sure why, but today's interpretation has me nervous about the Poly tower point charts.

LOL, that's not new. You should have been nervous about those point charts from the announcement. I expect them to break VGF, and I expect a sharp increase for 1BR, like at RIV.

 

[HyperspaceMountainPilot]

Poly tower point charts will be the highest yet.

This seems right to me. It has the “tower” (less walking) appeal that many like, plus it’s on the monorail, plus the fun theming, presumably it’s got access to the other fun poly hotel feature pools, bars, beach, and it’s on the monorail/boat loop to MK. Doesn’t Poly also sell well as a hotel?

Ok, now I’m talking myself into buying resale Poly points here… because I think Poly 2 will be extremely expensive and Poly 1 will get a lift once people see who much Poly2 costs.

 

[Royal Consort]

Poly tower point charts will be the highest yet.

The TPV/lake views will be spectacular! They will be point monoliths. I added on to my existing VGF contract this week because I can't sink that much more $$ into DVC!!

 

[HyperspaceMountainPilot]

The TPV/lake views will be spectacular! They will be point monoliths. I added on to my existing VGF contract this week because I can't sink that much more $$ into DVC!!

How much did you add? Did you add direct or resale? I’m thinking if I add 25pts at a time (or less) my husband will not complain about it as much as the sudden hit of $20k when we buy in 100pt increments.

 

[hglenn]

If Poly2 is same association as 1, would it be possible to insert a ton of points into that total association that would result in the current studios being an even higher point amount? Or does the original point count have to remain for that original set of rooms in Poly1 and any new points from Poly2 would only be added for those new rooms?

 

[Sandisw]

If Poly2 is same association as 1, would it be possible to insert a ton of points into that total association that would result in the current studios being an even higher point amount? Or does the original point count have to remain for that original set of rooms in Poly1 and any new points from Poly2 would only be added for those new rooms?

There are two different schools of thoughts on that.

One is that the balancing can indeed be done at the whole resort and DVC had done that with the treehouses as those were declared units after the other buildings were declared

The other is that every unit..which can be multiple rooms..must still stay in balance.

Any additional units for the new tower can not be included in already declared units as that would unbalance things from a deed standpoint

However, I am not confident one way or the other. I tend to lean towards reallocating across an entire resort based on demand..but also have not found anything to say yes or no to either situation.

But, I just don’t see the scenario, especially with the language change in the POS , and VDH restrictions that leads me to same. I am back up to 99% on this being a new component site for DVC.

 

[hglenn]

And then there's this... LOL
https://dvcfan.com/2023/05/04/five-...nzxeGNfS2pEXrXBO1bm55SsjElfUOcet0M2j5-L8b0uMo

 

[Sandisw]

And then there's this... LOL
https://dvcfan.com/2023/05/04/five-...nzxeGNfS2pEXrXBO1bm55SsjElfUOcet0M2j5-L8b0uMo

Only comment on this is that ROFR at Poly has never been strong so tha lack of it last year is not unusual

If you go back to see how many Poly points have ever been taken prior to the announcement you’d see that it was negligible.

 

[BeachClub2014]

And then there's this... LOL
https://dvcfan.com/2023/05/04/five-...nzxeGNfS2pEXrXBO1bm55SsjElfUOcet0M2j5-L8b0uMo

I saw this, as well. The article certainly raises interesting thoughts. I've never really understood the argument being made in the first point about "saving" the Polynesian. At least from the developer's perspective. The Polynesian is technically sold out, so what inherent interest does DVC have in fixing the "problem?" DVC doesn't have a Polynesian problem if the resort is sold out. People who want additional room options at the Polynesian may have a Polynesian problem but not DVC. What am I missing?

 

[Roughians_satchel]

Only comment on this is that ROFR at Poly has never been strong so tha lack of it last year is not unusual

If you go back to see how many Poly points have ever been taken prior to the announcement you’d see that it was negligible.

Then how do you explain the steep drop in poly resale prices this past year if it's always been negligible?

 

[RoseGold]

The Polynesian is technically sold out, so what inherent interest does DVC have in fixing the "problem?" DVC doesn't have a Polynesian problem if the resort is sold out. People who want additional room options at the Polynesian may have a Polynesian problem but not DVC. What am I missing?

The problem is that they are currently advertising a giant building that may or may not happen, like Reflections. This is just lawyers covering the Mouse's behind. If you thought this was going to happen, that was all you. The lawyers told you it might never come.

 

[Sandisw]

Then how do you explain the steep drop in poly resale prices this past year if it's always been negligible?

Its the same reason that all contracts have dropped. SSR is down about $30 to $40/pts. BLT down about $30 as well. Current economic conditions? But, in 2020, I could have bought PVB for $130...I didn't want to go higher than $125 so turned it down...I also had an owner who went as low as $135/pt....

The big idea is that it has been 14 months since Poly tower was announced....and yet, they are going out of their way to make sure it is not associated with PVB, which includes now updating the POS to specifically not tie it to that resort.

Does that mean that 100% it won't? No. But, after 14 months to have made the language what they did in the POS is pretty big deal...the decision was deliberate.

Here is what else is glaring....they continue to sell contracts at PVB, and have offered in the past 14 months some incentives on them...when BPK was announced last year, the add on tool was pulled from the website and they would not sell anyone any points, even when they had them.

While the announcement for the FW cabins came out after this document was updated, it had to be known in February when this change took place to add the new tower language.....but yet, they didn't think to add it to the POS....why?

I think the point is that every thing that people are using as hints are just that...decisions that may or may not mean anything...I honestly don't think lack of ROFR, or ROFR, means a thing because same association or different, they don't need those points to sell because they will have millions at the new tower.

The updated POS is something that has actually happened, and in this case, they still referred to it as its own entity and not a part of PVB.

ETA: In March 2023, they sold over 10K worth of points at PVB...which is a pretty decent chunk...which is the exact opposite of what they did with VGF last year...

 

[maui22]

I really need to see more info on Poly2 to decide if I am going resale or new Poly2. We are studio people. I am ok with the years remaining on Poly1. However, buyers are holding on to their resale prices. Once the announcement is made ( that it will be a separate assoc), I look for Poly1 prices to drop. Many are just not budging on their price hedging it will all be part of the same association.

DW and I talked last night. We went from likely buying the tower to deciding unlikely. If anything, we will buy PVB resale. Not willing to deal with the likely highest point charts for WDW and painful loses if we resell in 20 years.