The VGF 2 pricing thread

[MurphyL]

Anyone know if you can use Disney Gift Cards to pay for a portion of the DVC purchase?

 

[Sandisw]

If they wanted to impose resale restrictions, why wouldn't they have turned them on at Aulani or with any of the sold out resorts they've been ROFRing and reselling?

I don’t think they will, and the fact they left the add on at 25 points leads me to believe they would not attempt to rock the boat.

But, if they wanted to try, this would be the place to start because it’s a new addition to the resort.

IMO, I think the plan is to have the two resorts priced close so they can gather data about RIV sales and whether they need to change tactics.

While it did sell well prior to the pandemic, and it is starting to rebound a bit, they may have decided they need to try something else to boost sale vs. waiting it out.

What would be sweet Is if they decide to lift the restrictions because this goes well. While they don’t bother me at all, it would be a great change!

 

[nuhusky123]

What would make me more excited is DVC convincing DW to bring back the Sorcerer pass. I need annual passes to go with all these damn trips we’re taking.

100% right there with you. If I buy gfv I now have enough points for two weeks and dang it I need an ap

to the luggage yes this is way better than some crummy backpack but come on they could have done so much better

 

[stwaldman]

I’ve been thinking about the luggage gift and it’s a little big farcical. Does dvc think that junk is going to be what convinces someone to buy 125 points instead of something less?

for me $ is king and the idea of well I could spend an extra $5k and get some junky luggage so sure that sounds like a great deal. Please dvc here is $5k extra now give me some bags you spent $0.30 making

That's the point of the promotion though, cash is king to them too, but a few bucks of promotional goodies makes everybody whole and might make a buyer or two feeling special (and the rest will sell it on eBay).

 

[Sandisw]

What would make me more excited is DVC convincing DW to bring back the Sorcerer pass. I need annual passes to go with all these damn trips we’re taking.

That would be great news too! Just don’t get the criticism

 

[DVCsloth]

Makes me feel good that I bought in at RIV for $155/point

I am interested to see how this threat unfolds tomorrow when price is announced.

Awesome price!

 

[jacec]

100% right there with you. If I buy gfv I now have enough points for two weeks and dang it I need an ap

to the luggage yes this is way better than some crummy backpack but come on they could have done so much better

On our trip in Feb DD & DD bought APs to Universal and hired a nanny for the kids to just enjoy the pool.

 

[nuhusky123]

On our trip in Feb DD & DD bought APs to Universal and hired a nanny for the kids to just enjoy the pool.

Oh I’ve got the universal ap too, if only Disney can get their act together.

im not much of a universal fan to be honest, although the new park looks really interesting when complete

 

[CaptainAmerica]

But, if they wanted to try, this would be the place to start because it’s a new addition to the resort.

It doesn't make sense. Put yourself 10 years from now, when the resort is sold out (again) but they're still selling the points they've acquired through ROFR. There's zero chance they're going to have their guides selling two different classes of VGF points based on whatever unit the deed is tied to.

 

[sethschroeder]

though it seems RIV was especially impacted

I wouldn't say that it's been running like 65% of points sold and past resorts typically were at 70-75%.

So some impact but the larger impact is Covid. I think it will take until June/July before the balance normalizes of VGF vs RIV purchases since there is a backlog of buyers.

While 0% is nice for 6 months, you can get WAAAYYY more value by opening few credit cards and using those to purchase your points.

People talk about CC churn all the time.

I will just say you can spread out the purchase over 3 months, then add on 6 months of 0%, and you get 2% back on the Disney Visa Premium card which can be used on DVC fees or tickets or food.

As far as 100k points you would have to equate that to actual dollars to figure out what the value is and if its worth the hoops and if you even will be approved for that large of a credit line.

 

[Sandisw]

It doesn't make sense. Put yourself 10 years from now, when the resort is sold out (again) but they're still selling the points they've acquired through ROFR. There's zero chance they're going to have their guides selling two different classes of VGF points based on whatever unit the deed is tied to.

Sorry, I meant they would try the entire resort, not just the new building. Remember, they can change terms of the POS without owner approval unless it’s a material change.

Most would argue, and I agree that would have to count as one, but that would be the only way DVD could attempt it.

That is why I said I don’t think they would because it would cause a huge issue.

 

[lowlight]

I’m calling it now- it will be a new condo association, resale restrictions, 270 per point, and the special gift for the first 500 buyers is a semi nude painting of Chapek in his tighty whities on a black sofa.

 

[nuhusky123]

I’m calling it now- it will be a new condo association, resale restrictions, 270 per point, and the special gift for the first 500 buyers is a semi nude painting of Chapek in his tighty whities on a black sofa.

Deal, I’ll only buy though if chapek signs the painting

 

[sethschroeder]

Sorry, I meant they would try the entire resort, not just the new building. Remember, they can change terms of the POS without owner approval unless it’s a material change.

Most would argue, and I agree that would have to count as one, but that would be the only way DVD could attempt it.

That is why I said I don’t think they would because it would cause a huge issue.

Ya they could make it that if you bought when it was O14 then you can sell it as O14 but if you buy once VGF 2.0 goes on sale it's restricted. When they buy points back it goes restricted doesn't matter which unit it came from.

Not saying they will but they wouldnt look to have two sets of rules.

It would be harder to argue it has a impact on contract value as well if someone did want to sue over.

We will see tomorrow if Disney pulls a fast one.

 

[tidefan]

Sorry, I meant they would try the entire resort, not just the new building. Remember, they can change terms of the POS without owner approval unless it’s a material change.

Most would argue, and I agree that would have to count as one, but that would be the only way DVD could attempt it.

That is why I said I don’t think they would because it would cause a huge issue.

But wouldn't changing resale restrictions 6 years down the road after purchase represent a large material change to those that own? I sure would consider it a material change...

 

[Sandisw]

For anyone about to buy VGF2 I'd head over to the budget board and check out the "we love credit cards" thread. While 0% is nice for 6 months, you can get WAAAYYY more value by opening few credit cards and using those to purchase your points. For instance several cards right now have 100k+ bonus offers. When I bought BLT direct in 2009 I ended up with a companion pass along with 70k UA points. Instead of giving DVC a check I used a couple credit cards and then paid it off that month. For people going big points-wise, the Capital1 Spark business card has a spend $50,000 in 3 months and get $3k statement credit.

This advice comes with the standard disclaimer not to open credit cards if you can't afford to. But if you are buying VGF2 I am assuming you can.

Thanks for sharing. I really don’t want another card but I also have a reason to have the 7 to 8 months free before I pay it all.

So, for me, that’s the best deal! I’ll still get my 1% back…don’t carry the premier card.

 

[sethschroeder]

But wouldn't changing resale restrictions 6 years down the road after purchase represent a large material change to those that own? I sure would consider it a material change...

If you can still resell your points as O14 it doesn't change much from today for you personally.

It's not far off from RIV being restricted in the system from your points which almost a larger deal when you sell your contract.

 

[Sandisw]

But wouldn't changing resale restrictions 6 years down the road after purchase represent a large material change to those that own? I sure would consider it a material change...

I would too but just sharing the only way I see they could attempt it because not everyone even knows that language exists.

They’d have to say it’s not material because the documents are filled with don’t buy for resale value, etc. etc. and force people to fight them.

But, honestly, I don’t think they are that crazy to try.

ETA. If I am not mistaken, the new POS and membership agreements were filed and I think it would have been there.

 

[Sandisw]

We are down to 12 or 13 hours my friends!

 

[tidefan]

I would too but just sharing the only way I see they could attempt it because not everyone even knows that language exists.

They’d have to say it’s not material because the documents are filled with don’t buy for resale value, etc. etc. and force people to fight them.

But, honestly, I don’t think they are that crazy to try.

ETA. If I am not mistaken, the new POS and membership agreements were filed and I think it would have been there.

I think they'd be opening a pandora's box if they did that.

If you can still resell your points as O14 it doesn't change much from today for you personally.

It's not far off from RIV being restricted in the system from your points which almost a larger deal when you sell your contract.

But would it affect their resale value?