The VGF 2 pricing thread

[sethschroeder]

I do get this but what happened still matched what DVD has always done....they start a new property at the same rate as the current property.....the difference is they never had a property that go back into active sales so much later than it was sold out....

Of course, anyone who saw resale value as a big piece of the puzzle may be worried, but it still doesn't mean they devalued the product from a price point., IMO. It just means that they priced direct at the rate they need to to sell the points and that they don't use resale to set their pricing....they set it based on their own goals.

Eh can talk about what happened all we want. In the end VGF did lose value already and we will see if other resorts are impacted by this as well.

DVC can do whatever they want though in the end just a new wrinkle for people to be mindful of when buying and thinking about only holding for a "shorter" period of time 5/10/15 years.

 

[RebelScum]

Eh can talk about what happened all we want. In the end VGF did lose value already and we will see if other resorts are impacted by this as well.

DVC can do whatever they want though in the end just a new wrinkle for people to be mindful of when buying and thinking about only holding for a "shorter" period of time 5/10/15 years.

Classic demand and supply dynamics at play. Lots more supply just came to market and will be there until GFV2 sells out. Once sold out, and we revert to having more buyers than sellers, at current prices, the price will move back up. We just don't know where that equilibrium will be until it happens.

 

[DKZB]

Still waiting on a call back from the guide but I wanted to poll all of you. My VGF UY is December. Since I won't get my points until December 2022, I will only pay 1 month of 2022 dues correct?

 

[SleeplessInTO]

I also bought 200 and our points are also loaded already. When I spoke to the guide this morning (9:45), she did indicate that we would be getting the luggage.

I need to read the documents properly tonight, but based upon a quick skim, it looks like the luggage set is actually part of my contract documents.

 

[davidl81]

Classic demand and supply dynamics at play. Lots more supply just came to market and will be there until GFV2 sells out. Once sold out, and we revert to having more buyers than sellers, at current prices, the price will move back up. We just don't know where that equilibrium will be until it happens.

And really the only reason VGF is “losing” value is because resale prices were already so high compared to the rest of DVC. If they convert two floors of Jambo and offer them at $179pp after incentives that will not effect resale prices. BCV is the one where if they built rooms at YC then it would hurt BCV resale, but that would be a matter of getting more years than the 2042 resorts.

 

[ChipNdale8887]

Correct but you had this exact resort at $255 a few months ago, they did a massive decrease in the price, and they put on fairly aggressive incentives as well. At 300 points you are down to $179/point which is down where RIV started at $165.50/point for 300 points. $207 for VGF and $188 for RIV at base price as well.

Disney essentially is pricing direct VGF at resale pricing over the past few months. So if they are going to do that with VGF people could see this occurring at a variety of other resorts as well.

Its pretty straightforward why some might be nervous if they own at a resort that has cash rooms that would be easy to flip in to these resort studios.

Not necessarily. Your forgetting there were incentives on top of the base price of $188 for Riv. We bought RIV and the incentives brought it down to $148 per point. (we bought 300 points with a $12,000 off incentive, we got 150 at RIV and 150 at CCV and $6000 off of 150 points at each back in August 2020)

 

[The Jackal]

Anybody else get an email about getting the luggage for first 500 promo?

Yes, luggage if 125 points or higher.

 

[davidl81]

Correct but you had this exact resort at $255 a few months ago, they did a massive decrease in the price, and they put on fairly aggressive incentives as well. At 300 points you are down to $179/point which is down where RIV started at $165.50/point for 300 points. $207 for VGF and $188 for RIV at base price as well.

Disney essentially is pricing direct VGF at resale pricing over the past few months. So if they are going to do that with VGF people could see this occurring at a variety of other resorts as well.

Its pretty straightforward why some might be nervous if they own at a resort that has cash rooms that would be easy to flip in to these resort studios.

Disney is not using resale prices to base their direct sale pricing. They are simply doing what they have done for the past 20 years and opened a new resort at the same price as the current active resort. If they build more rooms at Poly for instance they will price them at whatever active sales pricing is. Same thing if they made some Contemporary rooms into a BLT2. It gets trickier with the 2042 resorts because I can’t see them converting BC rooms and selling them into the same association with the 2042 expiration date.

 

[sethschroeder]

Not necessarily. Your forgetting there were incentives on top of the base price of $188 for Riv. We bought RIV and the incentives brought it down to $148 per point. (we bought 300 points with a $12,000 off incentive, we got 150 at RIV and 150 at CCV and $6000 off of 150 points at each back in August 2020)

1) I was talking about the price it was launch at: $188 with incentives for 300 brought it down to $165.50
2) In August 2020 you would have bought RIV at $155 not at $150/point when you bought 300 points total

I bought in on that promo back in August 2020 as well.

 

[sethschroeder]

Disney is not using resale prices to base their direct sale pricing.

Thats fine did I say they were? Some are nervous on how this will impact the value of their DVC contracts on the resale market. I can see why when VGF is selling at $179 for 300 points.

I was simply pointing out a dramatic price shift on the VGF offering from DVC and why some people will now be nervous or frustrated with the pricing structure. This essentially wiped off $15-$30+ per point on resale VGF overnight.

DVC can do what they want but just calling it how I see it.

 

[lopo]

Anyone know what the US military discount for new points at The Villas at Disney’s Grand Floridian Resort & Spa is?

 

[Dyefrog]

.

Sales open to non-members on March 31 but the current incentives only last until March 30.

According to DVCNews.com, incentives will change to the following on March 31.
Grand Floridian Add-On Discounts Effective March 31

125-149 points: $5 off per point
150-174 points: $6 off
175-199 points: $9 off
200-249 points: $17 off
250-299 points: $18 off
300-499 points: $24 off
500-999 points: $26 off
1000+ points: $28 off

I thought I read upstream that the $207pp base price may also revert back to some higher number after 3/31/22. Have you heard anything on that front or will they keep the base price the same so that all 3 current for sale resorts are the same to simplify things and then just use incentives to spot stimulate?

 

[sethschroeder]

Anyone know what the US military discount for new points at The Villas at Disney’s Grand Floridian Resort & Spa is?

This post had a link to it.

https://www.disboards.com/threads/the-vgf-2-pricing-thread.3838921/page-143#post-63815058

Direct link:
https://dvcexplorer.com/fin/wm/GrandFloridian_Member_MilitaryDiscount_TravelSet.pdf

 

[ninafeliz]

Still waiting on a call back from the guide but I wanted to poll all of you. My VGF UY is December. Since I won't get my points until December 2022, I will only pay 1 month of 2022 dues correct?

Yes. We have a Dec use year, and my guide was very clear that we would pay prorated dues this calendar year, which would only be December.

 

[Sandisw]

Eh can talk about what happened all we want. In the end VGF did lose value already and we will see if other resorts are impacted by this as well.

DVC can do whatever they want though in the end just a new wrinkle for people to be mindful of when buying and thinking about only holding for a "shorter" period of time 5/10/15 years.

Very true for those who do have short term goals.

But given the historic policy of DVD to price new resorts at the same price as other active resorts, this should not have been a big surprise it would happen.

 

[RamblinWreck]

My CM confirmed there is a military discount available.
https://dvcexplorer.com/fin/wm/GrandFloridian_Member_MilitaryDiscount_TravelSet.pdf

Does this stack with other incentives?

 

[BWV Dreamin]

Can you put the entire contract amount on the Disney Visa?

Yes if you have the credit limit.

 

[eticketplease]

Can anyone confirm how the charge appears on a CC? I need to let my CC company know about a forthcoming big purchase

The card I used was from Chase not sure if that matters..

DVC ESCROW PAYMENT
FL 34747
(800) 800-9800

Description: DVC ESCROW PAYMENT
Also known as: DVC ESCROW PAYMENT
Merchant type: Timeshares
Method: In person
Card number: (...XXXX)
Category: Travel

I did the transaction over the phone but it stated in person

 

[DVChris]

Does this stack with other incentives?

I think I misunderstood your question. Yes, you get the extra military incentive on top of the current incentives. My link to the pricing chart shows the all inclusive price for military. Thank you for your service!

 

[hbg1]

Thanks for sharing that it falls into the travel category, you just made my day
Now to figure out which card makes the most sense to use.

Also wanted to say thanks for all of the valuable information that everyone has been posting today.
I lurk here a lot but had some great interactions with folks while buying a PVB resale last year (got in at $149) and it’s great to have such a helpful and knowledgeable group here.
Going to sleep on it tonight but thinking I’ll be adding on 200 tomorrow (150/50 per another earlier user)
Already have my blue card with an AKV add on from 2006 but having that flexibility of the 50 point contract is great.