The VGF 2 pricing thread

[RoseGold]

If I'm being honest, it's probably not just the price, but all the bad press about Disney these past few days is starting to get to me too. Disney has always been our happy place, our escape from the "real world" and now it's become yet another divisive topic for people to argue about

I agree the math (before today) was excellent, but I can't get behind a lot of the recent decisions. Holding DVC feels too risky to me to buy direct. And I seriously considered selling and buying developer VGF points.

I think even the new incentives are very good mathematically, but that's with a lot of assumptions with the way Disney and DVC hold value. I'm not sure those are as true as they once were.

 

[Sandisw]

Definitely another consideration. Why does this have to be so hard...

I think this is going to be a good match up for new buyers to decide.

IMO, it’s still about where you want to be. I will add that SV rooms at RIV will be harder to get as a non owner so if you want to stay you need to consider the charts for PV as those are more likely at 7 months.

 

[Chuck96]

I'm a bit frustrated myself, having recently committed (mentally) to finally buying in at DVC. I was vacillating between 150 and 175 points. With the recent bad press (which will only worsen for a while), and the fiscal uncertainty, I am wavering a bit.

That said, it's a long term proposition. Disney will eventually have another renaissance (artistically and in terms of customer experience) - it is in their DNA. I just have to accept that may be a few years (and years) away. I'm 96% certain I will still purchase 150 points at VGF, because if I'm truly going to join DVC, now is the best time in terms of value proposition with VGF2. Even with these mediocre incentives for new members.

 

[sndral]

IMO if you are not receiving at least a 20% - 30% discount on a large contract, then I would go direct.
One of the best things about going direct is splitting the contract into smaller contracts. If you are looking for 300 points, you could do 3 100 point contracts and you can pick your UY.
…

People keep recommending that new direct buyers split their contracts like this - but I thought w/ the 150 minimum a non member must buy at least one 150 point contract - am I understanding the current rules correctly?
That said 2X 150 makes sense if you don’t mind doubling the closing costs & want an exit/downsizing strategy.
Have there been any reports about which use years they are offering? I know in the recent past new buyers have sometimes had to push to get a use year that was different than what was offered.

 

[Sandisw]

People keep recommending that new direct buyers split their contracts like this - but I thought w/ the 150 minimum a non member must buy at least one 150 point contract - am I understanding the current rules correctly?
That said 2X 150 makes sense if you don’t mind doubling the closing costs & want an exit/downsizing strategy.
Have there been any reports about which use years they are offering? I know in the recent past new buyers have sometimes had to push to get a use year that was different than what was offered.

New buyers must have one at 150. The rest can then be split as low as 50.

 

[Dyefrog]

I'm a bit frustrated myself, having recently committed (mentally) to finally buying in at DVC. I was vacillating between 150 and 175 points. With the recent bad press (which will only worsen for a while), and the fiscal uncertainty, I am wavering a bit.

That said, it's a long term proposition. Disney will eventually have another renaissance (artistically and in terms of customer experience) - it is in their DNA. I just have to accept that may be a few years (and years) away. I'm 96% certain I will still purchase 150 points at VGF, because if I'm truly going to join DVC, now is the best time in terms of value proposition with VGF2. Even with these mediocre incentives for new members.

I'm in a similar dilemma. Was hoping to get new member incentives that brought the pp cost to the mid $190's for 200 points. Where I ended up, using my $500 dream in forward credit (thank you to you know who), it works out to $200.50pp. Bumps my budget about $1,800 more for the blue card.
There's so much subjective reasoning between justifying the blue card premium and of course, the unknowns down the road concerning perks. What keeps pulling at the FOMO for me is that the minimum points for blue card IMO will continue to rise. It could stay flat for years but inflation being what it is, I'm betting it goes up before it goes down. I'm fairly certain years from now, that $6k-$8k premium over a comparable resale for the blue card will be forgotten. And when you factor in all the conveniences buying direct, there's a value to that, just how much depends on each individual.
Once I have the blue card (one contract will be 150 points and the other 50), that qualifying contract will never be sold until the family wants out. All future addonitis contracts most likely would be resale for me.

 

[Cyberc1978]

I guess I will be doing that for sure. I thought the micro was all that was missing.

Toaster is a big deal for me.

As long as they will bring it when you ask for it it’s no problem. However the cooler is another animal. If It can’t hold my milk cold then it’s an issue.

I guess I can’t ask for a fridge

 

[Cyberc1978]

Is it just the title insurance that reduces the closing costs on direct? Any idea how much that is?

I got 50 points contracts and the closing without title insurance was $91 on each.

 

[KAT4DISNEY]

It will be interesting to see if the room amenities evolve over time. Certainly they can fit a microwave and a toaster somewhere. I guess we'll find out when it opens and they start getting regular feedback.

There is a gigantic space just across from the bathroom. You know - where the kitchenettes normally go. Instead they put a credenza type table there with a little seat underneath that you can pull out. Since there's no other table like studios normally have I imagine that was the purpose although it's more like a makeup table if you recall those only without the mirrors. Plenty well sized for microwave, toaster and coffee pot and fridge underneath vs the little cubby they are building in.

Instead of outfitting it like DVC they are just redecorating a hotel room and selling them as DVC.

Twice I was told if certain kitchenette amenities were deal breakers then just book the Deluxe studio. At that point the guide knew I owned DVC but did not know I already owned at VGF so that is what prospective buyers are being told.

 

[MickeyMice]

as a proud "i-don't-need-no-stinkin-blue-card" resale owner, i just bought 200 direct (split 150/50) yesterday. i waived title insurance, but paid the $250 doc fee 2x over. anyone know of any success haggling DVD down to one doc fee for this, or is paying it 2x standard?

bad deal for all the prospective first time direct buyers today. i'm not sure i understand the grand strategy here - the incentive for add-on was so good that i bought in when i really wasn't considering it, but now so disappointing for prospective new owners who otherwise were chomping at the bit.

 

[KAT4DISNEY]

That’s a bummer. How much extra could a regular mini fridge have cost?

I doubt it would have cost anymore actually.

 

[KAT4DISNEY]

as a proud "i-don't-need-no-stinkin-blue-card" resale owner, i just bought 200 direct (split 150/50) yesterday. i waived title insurance, but paid the $250 doc fee 2x over. anyone know of any success haggling DVD down to one doc fee for this, or is paying it 2x standard?

bad deal for all the prospective first time direct buyers today. i'm not sure i understand the grand strategy here - the incentive for add-on was so good that i bought in when i really wasn't considering it, but now so disappointing for prospective new owners who otherwise were chomping at the bit.

Doc fees you aren't going to get taken off.

 

[wnielsen1]

as a proud "i-don't-need-no-stinkin-blue-card" resale owner, i just bought 200 direct (split 150/50) yesterday. i waived title insurance, but paid the $250 doc fee 2x over. anyone know of any success haggling DVD down to one doc fee for this, or is paying it 2x standard?

bad deal for all the prospective first time direct buyers today. i'm not sure i understand the grand strategy here - the incentive for add-on was so good that i bought in when i really wasn't considering it, but now so disappointing for prospective new owners who otherwise were chomping at the bit.

Paying it is standard now. It wasn't always like that. When I bought CCV in 2017, I paid $100 for a doc fee on the 1st contract and $0 on the 2nd contract.

 

[RoseGold]

Twice I was told if certain kitchenette amenities were deal breakers then just book the Deluxe studio. At that point the guide knew I owned DVC but did not know I already owned at VGF so that is what prospective buyers are being told.

If you look at availability right now, that seems to be the case. VGF1 studios are wide open -- that's crazy! It looks like everyone booked in VGF2, like I did.

 

[wnielsen1]

There is a gigantic space just across from the bathroom. You know - where the kitchenettes normally go. Instead they put a credenza type table there with a little seat underneath that you can pull out. Since there's no other table like studios normally have I imagine that was the purpose although it's more like a makeup table if you recall those only without the mirrors. Plenty well sized for microwave, toaster and coffee pot and fridge underneath vs the little cubby they are building in.

Instead of outfitting it like DVC they are just redecorating a hotel room and selling them as DVC.

Twice I was told if certain kitchenette amenities were deal breakers then just book the Deluxe studio. At that point the guide knew I owned DVC but did not know I already owned at VGF so that is what prospective buyers are being told.

Thanks Kathy. I was going to tour VGF in July during a stay at the Poly, but I think I will just save the time.

 

[eticketplease]

I will add that SV rooms at RIV will be harder to get as a non owner so if you want to stay you need to consider the charts for PV as those are more likely at 7 months.

This is so true and one of the main reasons to own there.
Based on a week stay on 2023 chart, the point costs increase by a minimum of 22% for Studios, 18% for a 1 Bedroom and 14% for a 2 Bedroom.

 

[rick1zoo2]

So today we bought 200 points at VGF2 in person at the GF. And added some points to our AKL. Since we got the quote before the price increase was announced for AKL, they honored the old price. Two years ago we bought 117 points at AKL (was all they had), so now we are buying 33 to get to an even 150.

 

[poofyo101]

I got 50 points contracts and the closing without title insurance was $91 on each.

Recently? I think mine was like 250?

 

[Dyefrog]

I got 50 points contracts and the closing without title insurance was $91 on each.

I'm curious why your closing cost is so much lower than what I was quoted. My agent quoted $487.20 each for a 150 point and a 50 point contract. Total closing costs for both were $974.40. He was baffled why they were both the same so I'm waiting to see the paperwork before I sign anything.
Edit: agent just called with corrected numbers and it's $829.50 closing costs for both. I'd be curious what others are being quoted as some did the same breakdown. I also opted out of title insurance.

 

[Chuck96]

All that is left is the screaming and crying. And signing and payment. Spoke with my DVC rep, and I'm about to join the cult. Appreciate the advice and insight in the thread. Nothing is done until it's done (money gone, points in, first stay booked), of course. But the promise has been made.