The VGF 2 pricing thread

[davidl81]

I know this is a hypothetical, but that hasn’t stopped us from guessing before. Do you think it’s possible VGF drops below $200/pp with incentives? I know that likely means Riviera gets some good incentives too, but that doesn’t seem outside the realm of possibility.

I honestly think it is more likely than not that pre-sale offers will get below $200pp at a certain purchase volume level.

 

[nuhusky123]

I know this is a hypothetical, but that hasn’t stopped us from guessing before. Do you think it’s possible VGF drops below $200/pp with incentives? I know that likely means Riviera gets some good incentives too, but that doesn’t seem outside the realm of possibility.

I don’t see why not. I’m personally hoping for some pretty darn good dvc member incentives for the first 30 days

my guide was all excited and something about the call made me feel optimistic about the price given I was clear what the price has to be for me to buy in

 

[Kaufeegurl]

We have decided to purchase *if prices are in line (or slightly higher) with RIV* and not the former sold out price. We own at BCV and SSR, August UY. We are planning on purchasing 2 contracts, which we have never done before. I think it's better to have 2 smaller contracts than one larger one.

1. Will we be able to purchase August UY in March? And if we can't, with different UY, do all your contracts show up in the same DVC account umbrella or will you have a separate login?

2. We want (2) 150 point contracts. Will we be able to use the 300 points together for one booking (as if you have one 300 point contract)?

3. What happens to booking capability for us if we add adult DD to one contract with us, and adult DS with us on the second contract? Assuming yes to #2 above, would we still be able to book 300 points together if the deed titles differ as long as we are on both deeds? I know each child will only be able to see and manage the contract with their deeded name.

Help oh wise veterans!

 

[dfan_welcomehomeall_19]

I like to add on another 30-35 points at VGF. Wondering everyone’s thoughts on minimums…since part of existing condo assoc you think it will be 25 min like most resorts or 50 like RIV? I don’t think the condo assoc status would impact but curious your thoughts. Thanks!

 

[RoseGold]

What happens to booking capability for us if we add adult DD to one contract with us, and adult DS with us on the second contract? Assuming yes to #2 above, would we still be able to book 300 points together if the deed titles differ as long as we are on both deeds? I know each child will only be able to see and manage the contract with their deeded name.

You can't just "add" people to a contract. You are buying joint real estate with another adult. There are a lot of reasons not to do this. Divorce, bankruptcy, lawsuits, I can keep going. I would never do this with an adult I was not married to.

If you hold title as different people or configurations of people they are different membership numbers. There have been some stories of DVC correcting Mickey Mouse and Mickey A. Mouse. But Mickey Mouse and Goofy will always be a different member number than Mickey and Minnie. Different member numbers are like different people as far as DVC is concerned.

The other option is to buy as something like an LLC or trust. Lots of people do this as part of their estate planning. If this is part of your estate plan, maybe smart to get local legal advice and do this right from the jump.

 

[Bjaiken77]

That’s why I’m so curious about the price and incentives. If it’s just a good base price with low incentives, we’ll buy what we need. If it has good incentives, we might spend more than we are comfortable with and just eat soup and bread the rest of the year.

That’s why I need to know. I need to know if I should be stocking up on Spaghetti-Os or not.

 

[RoseGold]

I like to add on another 30-35 points at VGF. Wondering everyone’s thoughts on minimums…since part of existing condo assoc you think it will be 25 min like most resorts or 50 like RIV?

The VGF chart is higher than RIV. 25 points doesn't get you anywhere. IMO, it has to be at least 50, maybe more.

 

[Sandisw]

Yep. But I do think it’s weird they put it to max at $55k. I literally just watched the long promotional video to enter the sweepstakes last night and it showed 4,000 pts as the max. 55k/207 = 265. So I don’t really get what the $55k represents. Even Grand Californian direct for 150 pts is $46,500.

It says the typical purchase ranges...to me, that means the average size contract that people are buying...they put the minimum, but that 265 may be more the average of what people who are new end up purchasing...

At least that is how I view it....

 

[dfan_welcomehomeall_19]

The VGF chart is higher than RIV. 25 points doesn't get you anywhere. IMO, it has to be at least 50, maybe more.

Thanks for the insight. Sorry should have clarified…It’s an add on to 100 VGF existing contract. That’s why I only want another night or 2 in a studio.

 

[Sandisw]

I know this is a hypothetical, but that hasn’t stopped us from guessing before. Do you think it’s possible VGF drops below $200/pp with incentives? I know that likely means Riviera gets some good incentives too, but that doesn’t seem outside the realm of possibility.

Yes, I do. They are doing it with BLT and to do that, an MK area resort, leads me to believe the initial sales for VGF will allow for something similar, even if it is a short term sale.

 

[Sandisw]

Thanks for the insight. Sorry should have clarified…It’s an add on to 100 VGF existing contract. That’s why I only want another night or 2 in a studio.

I think they will make it 50 like RIV and CCV. I see this is as the new way forward for them with sales.

 

[dfan_welcomehomeall_19]

I think they will make it 50 like RIV and CCV. I see this is as the new way forward for them with sales.

I agree and that is what I’m afraid of! PP will dictate if I add on or not. Probably not comfortable at 255 * 50 if thats what it ends up being but the other side is it’s always better to have more than less and could always rent out unused pts I guess

 

[Kaufeegurl]

You can't just "add" people to a contract. You are buying joint real estate with another adult. There are a lot of reasons not to do this. Divorce, bankruptcy, lawsuits, I can keep going. I would never do this with an adult I was not married to.

If you hold title as different people or configurations of people they are different membership numbers. There have been some stories of DVC correcting Mickey Mouse and Mickey A. Mouse. But Mickey Mouse and Goofy will always be a different member number than Mickey and Minnie. Different member numbers are like different people as far as DVC is concerned.

The other option is to buy as something like an LLC or trust. Lots of people do this as part of their estate planning. If this is part of your estate plan, maybe smart to get local legal advice and do this right from the jump.

Thank you for your input! We are not 'adding' people to a contract - we are *choosing* to title a DVC purchase that fits our present and future needs. You may choose not to do it, but there are a variety of reasons others may. We are well aware of the legal ramifications of contract ownership beyond ourselves. We are also well-versed in estate planning and trusts. Those opinions were not part of my questions. My questions related to UY and how 2 differently titled contracts for the same resort can affect booking capability.

 

[tjkraz]

Yep. But I do think it’s weird they put it to max at $55k. I literally just watched the long promotional video to enter the sweepstakes last night and it showed 4,000 pts as the max. 55k/207 = 265. So I don’t really get what the $55k represents. Even Grand Californian direct for 150 pts is $46,500.

265 points is very close to the average DVC point ownership level. (It's actually right around 275.)

 

[SusieQ93]

265 points is very close to the average DVC point ownership level. (It's actually right around 275.)

Makes sense! I missed the wording of “typical” contract.

 

[RamblinWreck]

That was the point I was trying to make, but I didn’t articulate it well. They at least converted (as in tore down and redid) units in previous hotel takeover expansions, now they’ve gone the extra mile of “what if we don’t even need to tear it down and add a kitchenette, just a new coat of paint?”. I think VGF2 IS what’s next and it saddens me. I think as owners we should have a say.

I think there is a market for DVC that more closely resembles traditional hotel rooms.

If this were 5-10 years ago, I would have even preferred it. Now that I have little kids, I need something more.

But as they get a little bigger, the idea of connecting hotel rooms actually sounds pretty good.

 

[Marionnette]

Thank you for your input! We are not 'adding' people to a contract - we are *choosing* to title a DVC purchase that fits our present and future needs. You may choose not to do it, but there are a variety of reasons others may. We are well aware of the legal ramifications of contract ownership beyond ourselves. We are also well-versed in estate planning and trusts. Those opinions were not part of my questions. My questions related to UY and how 2 differently titled contracts for the same resort can affect booking capability.

Two differently titled contracts will have 2 different memberships. As such, the only way to combine points in order to make a reservation is to call Member Services and transfer points from Membership A to Membership B. There is no way to do this online.

 

[CarolMN]

My questions related to UY and how 2 differently titled contracts for the same resort can affect booking capability.

You will have two different memberships. To combine points for the same vacation, you will need to book some nights with Contract 1 and the rest with Contract 2 and have MS link them, or you will have to transfer points from one membership to the other. That will require a call to MS. AFAIK, using transferred points during the priority booking period requires a call to MS. (I assume he points are for the same resort and if not, of course, you cannot use non-home resort points to book a hoe resort during the prioirty period.

The only way to combine points from two contracts to pay for the same night is to do it with transferred points.

FWIW, I would not do this UNLESS you use the contracts separately and seldom, if ever, for the same vacation. In addition to the booking issues, Members will multiple memberships (as opposed to one membership with a Master & add-on contract both purchased directly), report far more problems with the website. (That's not fair/right, but it is, what it is, right now) With current MS hold times and the plethora of new CMs, it's just not worth it. But that's JMHO. YMMV.

 

[DonMacGregor]

Thank you for your input! We are not 'adding' people to a contract - we are *choosing* to title a DVC purchase that fits our present and future needs. You may choose not to do it, but there are a variety of reasons others may. We are well aware of the legal ramifications of contract ownership beyond ourselves. We are also well-versed in estate planning and trusts. Those opinions were not part of my questions. My questions related to UY and how 2 differently titled contracts for the same resort can affect booking capability.

Sometimes you get the answer you're looking for, other times you get the "answer" someone wants to give.

 

[HickoryDickory]

Thank you for your input! We are not 'adding' people to a contract - we are *choosing* to title a DVC purchase that fits our present and future needs. You may choose not to do it, but there are a variety of reasons others may. We are well aware of the legal ramifications of contract ownership beyond ourselves. We are also well-versed in estate planning and trusts. Those opinions were not part of my questions. My questions related to UY and how 2 differently titled contracts for the same resort can affect booking capability.

Even if the same resort and UY, if the contracts are titled differently (as it would be in your case with different owners listed) it's considered an entirely separate membership with different membership numbers and booking screens. So you would have 3 different membership numbers; The first number associated with your two current contracts, the second for VGF with DD, and a third for VGF with DS. Each of your kids would only have one membership number, the one associated with the contract in which they are listed as an owner.

You will be able to add the additional membership numbers to your current account, but you need to toggle back and forth between the three different memberships, or even just between the two VGF memberships. You won't be able to pool the points between any 2 or 3 of the memberships at either 11 or 7 months like you currently can with your BCV and SSR at 7 months. You'll have to get creative with using the memberships separately. A few ways this can be done is you could alternate years you're using each VGF contract with banking/borrowing to have 300 points on one contract for easier booking, transfer points between 2 of your memberships, or book half your stay with one contract and book the second half with the other contract.