The VGF 2 pricing thread

[ninafeliz]

I think those stats were from the original sale. But my guide said he sold more contracts yesterday than all of February. So it was a very brisk day!!

She said over 250 deeds sold yesterday, though, that’s what I found interesting to know.

 

[Sandisw]

Let’s be honest, “crunching numbers” just means “making them show that this is a good financial idea even if it isn’t” haha. You should have just told your guide “sold!”.

Financial decision would have been to do nothing!

That may or may not have been my answer already and I may or may not have already contacted the broker.

 

[sethschroeder]

Sounds like Disney was smart to pause VGF sales to help push all that pent up demand in to a nice kickstart for the new rollout. Have to think a number of people ended up with more points than they originally planned as well.

 

[krysib]

How did you find out how many sales there were yesterday? I love random stats like that!

I called in yesterday to purchase and have not yet received my contract/docusign. I called for a status update this morning and my guide told me I was one of 250 pending contracts backlogged from yesterday. So while I don't know total number from yesterday, I do know its higher than 250!

 

[MinBz]

Researching my own question, and it looks like with VGF1 opened in 2013, its first month of sales were:
-689 deeds recorded
-totaling 85,994 points
-all purchases the first month from existing DVC members

*So yes, in the first day of VGF2 with deed sales over 250 it looks to be a popular add-on choice.

How many total points does VGF2 have? I’m curious how fast it will take to sell out. What prior resort sold the fastest and will this beat it?

 

[DonMacGregor]

I think those stats were from the original sale. But my guide said he sold more contracts yesterday than all of February. So it was a very brisk day!!

I have a feeling it's all hands on deck and the ripple effect is moving out through other teams at DVC. I called this morning after getting no love via chat, asking to get some points loaded from a resale contract that showed up on my account on Sunday, and was basically told they would show "eventually".

 

[Wedgeout]

Sounds like this new points idea is going very very well. This is just the current members. They may get no rest for months.

 

[Sandisw]

I called in yesterday to purchase and have not yet received my contract/docusign. I called for a status update this morning and my guide told me I was one of 250 pending contracts backlogged from yesterday. So while I don't know total number from yesterday, I do know its higher than 250!

I was told this morning that there is a backlog as well, at least 200 at the time I discussed options.

 

[ninafeliz]

I’m wondering if all of these sales are abnormal, or if it’s common when a new resort goes on sale? This frenzy seems unusual to me, but I haven’t been a member through other new properties so I don’t know. Is this selling faster or does it just feel
like it to those of us following online?

 

[Sandisw]

Sounds like Disney was smart to pause VGF sales to help push all that pent up demand in to a nice kickstart for the new rollout. Have to think a number of people ended up with more points than they originally planned as well.

I completely agree. My original plan was 80 for every other year in December for a few nights to split with my RIV nights. Then I said maybe 100...then the prices came out and boom...it was 150 at 12:20 am yesterday!!!!! LOL

 

[tidefan]

I’m wondering if all of these sales are abnormal, or if it’s common when a new resort goes on sale? This frenzy seems unusual to me, but I haven’t been a member through other new properties so I don’t know. Is this selling faster or does it just feel
like it to those of us following online?

Last time I remember something like this was when VGF1 went on sale. There was like a 2 week period where existing members got a $10 discount ($145 vs $155) per point.

 

[krysib]

How many total points does VGF2 have? I’m curious how fast it will take to sell out. What prior resort sold the fastest and will this beat it?

Not sure-but that line of questioning is right up my alley!

Another forum member estimated the total points of VGF2 at 1,779,844 points (+71% to VGF). Not sure how accurate or not that is.....

I can't seem to find stats on points per month by resort, but I did find that VGF1 highest month was its second full month (makes sense as non-members could start purchasing) and it sold 226,439 points across 1,642 deeds.

For comparison-when Poly opened to DVC, its highest month was 6 months into sales in June 2015 and sold 107,067 points across 853 deeds.

Edited to add: This is deeds recorded which is a lagging indicator of when a member might have signed the contract (good call out @sethschroeder)

 

[sethschroeder]

Not sure-but that line of questioning is right up my alley!

Another forum member estimated the total points of VGF2 at 1,779,844 points (+71% to VGF). Not sure how accurate or not that is.....

I can't seem to find stats on points per month by resort, but I did find that VGF1 highest month was its second month (makes sense as non-members could start purchasing) and it sold 226,439 points across 1,642 deeds.

Some of those numbers are "off" because of how deeds are recorded. So while members could purchase in May and non-members in June you had a huge spike in sales in July when a large number of deeds were recorded regarding that 2 month period.

Still a really good month but something to keep in mind.

VGF2 is a little different though since normally new resorts go on sale in the middle of the month from what I saw in the past but this one went on sale to start the month.

 

[macman123]

So you don’t get 2021 points.

i am Aug UY and would pay dues from June opening for 2 months whilst not having those points

RIV you would get 2021 points. Yes I get restrictions but that only applies when you sell…..

I also don’t get luggage as from the Uk. It’s just paying 2 months of dues when you can’t use points ……

 

[Sandisw]

So you don’t get 2021 points.

i am Aug UY and would pay dues from June opening for 2 months whilst not having those points

RIV you would get 2021 points. Yes I get restrictions but that only applies when you sell…..

I also don’t get luggage as from the Uk. It’s just paying 2 months of dues when you can’t use points ……

That is not correct. You pay dues from resort opening or when you get your first set of points, whichever is later. So, for an Aug UY, you will pay 5 months of dues, not 6 1/2 months.

 

[macman123]

That is not correct. You pay dues from resort opening or when you get your first set of points, whichever is later. So, for an Aug UY, you will pay 5 months of dues, not 6 1/2 months.

Ah. I had specifically asked my guide that and he confirmed by text. I said so I paid dues for June and July but don’t get points until August. He said yes ……..

 

[CarolMN]

I called in yesterday lunch time and have not yet received any paperwork. When I asked this morning on status I was told there was a backlog of 250 contracts from yesterday that they will be working through today.

Hoping to get it today!

Thanks for posting this. I didn't talk to my guide until about 8 PM Eastern last night. He thought I'd have the docs to sign sometime today. But now I won't worry if I don't see them until sometime on Monday. I'm OK with that as long as the points show up before 3/14. I want to book a few night in a resort studio to begin our annual Holiday trip in early December.

Ah. I had specifically asked my guide that and he confirmed by text. I said so I paid dues for June and July but don’t get points until August. He said yes ……..

My guide said the same thing - I pay dues as of resort opening even though I don't get 2021 points. I also have an August use year. I did push back a bit, but he said he was sure. I know that conflicts with what some others have said, so it will be interesting to see what actually happens. 2022 dues weren't included in the initial package, and IIRC, those won't show up until sometime after VGF2 opens.

In the overall scheme of things, it won't matter too much to me, either way.

 

[MISCdisney21]

Think I was on phone around 10AM locking in my deal. Guide did say I was in first 500 to get the luggage but there was a backlog and not to expect documents until this evening if they get to it today.

 

[lowlight]

My guide very specifically said "and the good news is, you only pay dues from your use year, not resort opening" in response to my dismay that 2021 UY points weren't included. It was a "yeah that sucks, but this is good" part of it. I hope I didn't get bad news, my guide has been there almost 20 years so I believe him.

 

[ninafeliz]

T

My guide very specifically said "and the good news is, you only pay dues from your use year, not resort opening" in response to my dismay that 2021 UY points weren't included. It was a "yeah that sucks, but this is good" part of it. I hope I didn't get bad news, my guide has been there almost 20 years so I believe him.

That’s what my guide said. No points, but also prorated dues so I’ll only pay 1 month this year with a December UY. I would have rather paid the dues and had the points, but since I don’t get a choice it doesn’t matter what I would rather get.