The VGF 2 pricing thread

[Sandisw]

Not to change the subject (I realize I’m probably on the wrong thread), but with these new points I’m buying tomorrow (tied it back in ), what would you do?
I didn’t have enough points for our last two nights in a GV at VGF and it’s no longer available, so would you book 2 - 2 bedrooms (waitlisting the GV)? Or, try to get RIV GV at 7 months? It will be my extended family’s first trip, so I don’t want to overwhelm them with switching resorts, but the GV at RIV..

RIV GV!

 

[rubybutt]

I hope Rosegold didn't have a heart attack.

 

[HIRyeDVC]

RIV GV!

You are so excited! you really should get some sleep before you start spending all that money in a few hours

 

[WestCoastDVC]

Anyone know when the refurbishments will be done and if purchasing now, for what date can one start making reservations?

 

[KAT4DISNEY]

Anyone know when the refurbishments will be done and if purchasing now, for what date can one start making reservations?

I saw somewhere opening in late June. Details on making reservations I haven't seen if it's even known yet.

 

[DonMacGregor]

It will effect VGF resale, but nothing else really.

Exactly, but it's yet another rampant speculation that will be interesting to watch the backpedaling on too.

 

[Sandisw]

Exactly, but it's yet another rampant speculation that will be interesting to watch the backpedaling on too.

Unless you have more aggressive buyers and antsy sellers at BLT and Poly and we see a slight dip there temporarily?

 

[HIRyeDVC]

Unless you have more aggressive buyers and antsy sellers at BLT and Poly and we see a slight dip there temporarily?

Hasn’t BLT and Poly resale dipped already the past few months before any of this VGF2 hoopla?

 

[Sandisw]

Hasn’t BLT and Poly resale dipped already the past few months before any of this VGF2 hoopla?

Not really. I was thinking back into the 140s

 

[Ruttangel]

DVCRM has a new VGF listing for 50 points at $220pp, they don't seem concerned about this being over-priced. They also have 30% of VGF listings sitting over 30 days and 70% of listings are at $195 and over.
Let's see if these reduce at all next week.

Heh @pkrieger2287, there’s a DVC show for you. How does resale market react to these pricings.?
DVCRM have a 200pt listing at $201 but direct is $186, I appreciate its member only so far but it will be $190 for new members on 31st March. Unsustainable for VGF listings But also what impact on other resorts?

 

[Cyberc1978]

If will for sure impact VGF resale pricing. Questions is how much? Maybe I can pick up some cheap SAP points

Also will it impact BLT and Poly too and if so how much?

 

[Duckbug.Ducktales]

True!
Riviera is absolutely beautiful, but you can’t see Cinderella Castle from there (you see Caribbean Beach instead).
I would love the rooms at RIV in the VGF building. I was really hoping this would happen with the recent refurbishment.

From the VGF rooms, Cinderella's castle looks quite small and distant, if you can see it. Still charming, but from the standard view rooms and some preferred at RVA, you can see Spaceship Earth and it's beautiful now all lit up at night. Really special and fewer points.

 

[Nabas]

I think anyone buying since the sales date was announced probably should have waited, but honestly, buyers knew it was possibly to be more too.

People who recently bought smaller resale contracts below $207pp still come out ahead, especially if they included 2020 points.

 

[Nabas]

150-to-160 point resale contracts currently are averaging $195 per point.

For comparison, the $10 discount brings todays direct price for existing members to $197 per point.

100-point VGF resale contracts currently are averaging $199 per point.

For comparison, the direct price for a 100-point contract for an existing member is $207 per point.

Keeping in mind that new buyers have a 150-point minimum requirement and discounts are being reduced on March 31, resale prices are still cheaper, but only just.

This should ripple through resale prices.

It will be fun to see where resale prices are next week!

 

[Duckbug.Ducktales]

This is all so exciting, lol. Now we speculate and wait about the impact to the resale market. VGF2 just keeps on giving, lol

Looking forward to the DLT discussions when that draws near. DVD, just take my money already!

 

[KAT4DISNEY]

VGF resale prices really only jumped with 2 things happening - 1st the overall increase in the resale market that pretty much every resort saw in the past 10-12 months and 2nd - all direct VGF sales stopping. 15 months ago I purchased 100 pts for $152/pt so it's not as if it spent a long time around the $200/pt mark. A little more than a year before that I had a seller come back to me after declining an offer I made of $155/pt. There have always been a few outliers here and there of course. And in the meantime those who did purchase resale have had more time with it and depending on what they received most likely an extra year or two of points, maybe 3 with certain UY's and banked/expiring points which could potentially equate to $20-$22 for every point on the rental market. And certainly a savings if they were used by the owner for a trip given the lack of discounts and often lack of Disney rooms during the past year and a half.

Keeping things in perspective the fact that a timeshare could sell 8 years later for the same as it did initially, is an easy rental and also gives owners the location when they stay at WDW there shouldn't be anything to be all that sad about no matter when someone purchased VGF resale or direct. All assuming DVC made sense for them to start with.

 

[Samita]

Anyone know when the refurbishments will be done and if purchasing now, for what date can one start making reservations?

3/14 for owners at GF and 5/13 for all members

 

[RoseGold]

OMG CHEAP is not a good thing IMO. If DVC is willing to fling points this low, they need cash. I wouldn't be surprised to see a flip of a failed beach resort or some bungalows now. RIP everyone's point value. DVC kept going up and up and up because DVC held value, even Aulani. If Disney is trying to undercut owners with cheap points, resale has no chance.

Just another example of DVC hosing existing members. We should know by now, the mouse always wins.

Heck, I bet even Pete regrets buying Aulani in the fire sale with pricing this low.

 

[nuhusky123]

Let the “I told you so“ begin! On a side note, this bodes really well for DLT pricing. So excited!!

Oh I told ya so

 

[nuhusky123]

OMG CHEAP is not a good thing IMO. If DVC is willing to fling points this low, they need cash. I wouldn't be surprised to see a flip of a failed beach resort or some bungalows now. RIP everyone's point value. DVC kept going up and up and up because DVC held value, even Aulani. If Disney is trying to undercut owners with cheap points, resale has no chance.

Just another example of DVC hosing existing members. We should know by now, the mouse always wins.

Heck, I bet even Pete regrets buying Aulani in the fire sale with pricing this low.

goes to show the dvc show folks should take an Economics Class, their $260 and above predictions. they were not even close to reality