The VGF 2 pricing thread

[Dis Runner]

Just spoke to my guide and picked up 300 points at VGF2! Was expecting the Riviera price range but did not expect the great incentives, super stoked!

 

[Wedgeout]

Did you watch that show? Pretty sure I said $225 and had some sound logic behind that thought process... Thanks for watching though!!

Yes! Love the show. Should be an awesome one coming from this event.

 

[nuhusky123]

Did you watch that show? Pretty sure I said $225 and had some sound logic behind that thought process... Thanks for watching though!!

You were the most logical of the bunch Hands down, no contest there

The $260 numbers won’t age well. Arguments about dlt and how sold out prices were $255 and therefore gfv2 can’t be lower

 

[Redheadprincess]

If they were desperate for cash, they wouldn't be ROFRing Beach Club and elsewhere left and right.

They have been for the last 2 months. Buying almost 50% of BCV, BWV and OKW.

 

[gisele2]

Can someone tell us the poor Canadian member what the prices are ? I cannot see any direct prices from my province.

 

[SleeplessInTO]

They have been for the last 2 months. Buying almost 50% of BCV, BWV and OKW.

I wonder if these will be the new fire sale properties. Shame the incentives at 300 points are so good for VGF2, I won’t have any funds left to buy these even at good prices. Oh well.

 

[SleeplessInTO]

Can someone tell us the poor Canadian member what the prices are ? I cannot see any direct prices from my province.

https://dvcexplorer.com/fin/m/GrandFloridian_Member_DeveloperCredit.pdf

 

[Matty B13]

I'm waiting on a VGF contract to pass ROFR right now at $185/point..... kinda hoping they take it.

 

[RamblinWreck]

Anyone buying VGF resale over the past few months was not making a great decision unless they got a great deal IMO. There was always at least a 50% chance VGF would be priced on par with RIV.

I agree. I sold my resale VGF contract for $205 pp late last year.

I could buy back the same thing for $2 more now and actually be able to combine it with my RIV points.

Obviously that’s not factoring in the costs of selling, and closing costs for buying the new one. But I’d still easily make that trade.

The question is, does my wife agree or does she think we have enough?

 

[Sandisw]

Here and there, and for a period of time, sure. But it can't be "the way forward." They still have a cash business where they're able to rent the vast majority of these rooms at huge nightly rates to people who are never in a million years going to buy DVC. They can nibble at the edges to get through a weird few years, but "gobble up all of the cash inventory" isn't viable long-term.

I don't mean that the hotel conversions has to mean hotel rooms and only resort studios or they take all of the hotel.

I just mean they will take existing properties and rooms (not all) and make them DVC without having to develop an entire new property.

So, instead of BCV being it at BC, some of that hotel becomes DVC as well and it rebalances the resort between cash and DVC.

 

[Ruttangel]

I think we need to watch Grand Floridian closely over the next year... This is a huge sales tactic and will bring historic numbers to DVC Direct Sales, but they will not undercut the value of their product like this for long. Current incentives expire March 30th... let's see what the price is after that date. I think we will see a gradual increase. This is the honeymoon stage.

You have to remember this was a very cheap cost refit. Selling at $207 will still get a massive profit. I can't see the price changing until the second set of incentives end on 1st June. Those resale listings look insane right now across all brokers.

 

[Sandisw]

I guess this means that we should have an opening date soon? Shall we start speculating on when it will be?

I can envision long waits for MS on 3/14 when everyone tries to book a fall stay in one of the 100 studios that have been declared.

When we were discussing things the other day, my guide seemed to indicate that earlier summer, prior to my July 20th trip, was more likely than not.

Someone posted they read end of June...I will ask today when I get my call!

 

[DisneyMom_3]

Just spoke to my guide and picked up 300 points at VGF2! Was expecting the Riviera price range but did not expect the great incentives, super stoked!

Are there any resale restrictions?

 

[DeeBee3]

I've been on this thread for quite a while, but still curious - if you already own direct, and you are not in love with VGF, is resale still a good deal? I do check out the listings but it's unfamiliar to me.

 

[Bjaiken77]

How much extra does it cost to split a contract? Let’s say I want 200 points. What do I have to do to get 2 contracts at 100 and the promo price associated with 200?

 

[nlenguyen]

Did you watch that show? Pretty sure I said $225 and had some sound logic behind that thought process... Thanks for watching though!!

I am just so surprised to have priced it the same as riveria. That gives some hope for Disneyland Tower

 

[princesscinderella]

I'm waiting on a VGF contract to pass ROFR right now at $185/point..... kinda hoping they take it.

Might be worth canceling and losing your deposit if you don’t already own direct points.

 

[nlenguyen]

I'm waiting on a VGF contract to pass ROFR right now at $185/point..... kinda hoping they take it.

I’m sure they won’t take it with them currently selling it

 

[Marionnette]

How much extra does it cost to split a contract? Let’s say I want 200 points. What do I have to do to get 2 contracts at 100 and the promo price associated with 200?

You pay the document prep and closing costs for two deeds but the incentives would be at the 200-point level as long as both are the same UY.

 

[Epcot Forever Forever]

Any volunteers to come kick me in the shins every 15-20 minutes today to stop me from buying Aulani?

I would love to.