The VGF 2 pricing thread

[Paul Stupin]

I’m curious, when you bought into DVC, did you ask how many points remain in this resort?? I’ve bought a few contracts and that question never entered my mind.

I actually did have a rough idea for my 3 home resorts…CCV, VGF and Aulani. CCV I knew was close to selling out, VGF was sold out, and Aulani then like now was a ways away.

 

[Epcot Forever Forever]

Can you give one example of a timeshare developer selling new contract within 5% of the resale market?

For a while VGC was priced below the resale market. Resale is finally falling again on that though.

 

[TinkAgainU]

For a while VGC was priced below the resale market. Resale is finally falling again on that though.

Hard to imagine direct being cheaper than resale, unless the required direct points was so high it blew people off.

(p.s. I love your tagline lol)

 

[Paul Stupin]

It might be hard to imagine but I think it’s very possible. What a limited number of buyers are willing to pay for a limited number of available points is kind of insignificant in comparison to marketing two million available points to a far larger pool of buyers.
And the higher resale price would evaporate pretty quickly, especially for higher point contracts that could very well be more expensive than buying the same number of points direct with incentives.

Interesting how I’m reading fewer and fewer posts predicting VGF2 points will be priced unreasonably high.

 

[Epcot Forever Forever]

Hard to imagine direct being cheaper than resale, unless the required direct points was so high it blew people off.

(p.s. I love your tagline lol)

VGC resale pricing jumped ~$120 in about a year. Disney, who presumably needs to get 27 sign-offs on every price change (if they’re like anywhere I’ve ever worked), simply couldn’t keep up.

 

[davidl81]

Can you give one example of a timeshare developer selling new contract within 5% of the resale market?

I literally bought 300 AUL direct points from DVC a few weeks ago for the same price as the average resale there.

And as so many other people have mentioned resale inventory and direct inventory levels are totally different animals. At any given time there my be what 5,000-10,000 VGF points in total available for resale (and that number may be high), where DVC will need to sell 2M points. If DVC was to only sell 5-10k of VGF points a month it would be a huge failure.

 

[Vulnox]

I was going to ask how it could be possible for an available item on resale to match buying an available item direct, but the 150 point requirement makes a bit of sense. If you have a set budget and 100 points are it, then you would seek out the resale route. I guess it surprises me that there are that many people with a 149 or lower point requirement for their budget that would be fine paying such high prices. I wonder if part of it is that Disney is buying up so many in ROFR at a higher price and it is forcing higher bids and higher prices to try and bypass it which combined with the 150 point requirement is changing the market. Word gets out that Disney is ROFR at $150, so people are advised to post at $160, and so on.

It's fascinating whatever the driver is. It makes sense how a two year old F-150 can go for near MSRP when new F-150 inventories are scarce, because it's a scare commodity on the new market side but demand and need is high. But for something that is somewhat "virtual" like points (although with a cap of course, but I am not talking about resorts Disney won't sell direct right now).

 

[BWV Dreamin]

The 150 pt. minimum direct in and of itself makes buying VGF resale a winner, assuming you want less than 150 pts. However, if it’s going to be an add on that’s a different story. Really it just depends on what types of buyers there are.
I just perused the resale companies ( top 4) and there are not that many for sale under 100 pts, and only a few at 100-150. I just don’t Disney selling new points at resales prices. It’s not like VGF resales are not selling. Again, they are not going to leave money on the table.

 

[Paul Stupin]

The 150 pt. minimum direct in and of itself makes buying VGF resale a winner, assuming you want less than 150 pts. However, if it’s going to be an add on that’s a different story. Really it just depends on what types of buyers there are.
I just perused the resale companies ( top 4) and there are not that many for sale under 100 pts, and only a few at 100-150. I just don’t Disney selling new points at resales prices. It’s not like VGF resales are not selling. Again, they are not going to leave money on the table.

Current resale prices won’t factor into VGF2 pricing.

 

[BWV Dreamin]

Current resale prices won’t factor into VGF2 pricing.

You have no concrete data on that. DVC indirectly affects resale pricing with their direct pricing. Oh BTW, rumor has it another price increase in February. Yep, propping up that VGF new direct pricing alright.

 

[Epcot Forever Forever]

You have no concrete data on that. DVC indirectly affects resale pricing with their direct pricing. Oh BTW, rumor has it another price increase in February. Yep, propping up that VGF new direct pricing alright.

Not a rumor, it’s on the DVC Website

 

[BWV Dreamin]

Not a rumor, it’s on the DVC Website

Wow, thanks for the update. Get ready folks.

 

[nuhusky123]

Wow, thanks for the update. Get ready folks.

read up thread new price is $207. betting This will also be the gfv price and dvc will differentiate between their 3 active resorts using incentives

also likely gfv goes on sale in the March timeframe

 

[davidl81]

Wow, thanks for the update. Get ready folks.

Get ready for what? The price increase from $201 to $207 is one of their normal annual price increases. I still fully expect VGF to list at that same $207 price and then Disney will adjust incentives as they see fit.

 

[Paul Stupin]

Get ready for what? The price increase from $201 to $207 is one of their normal annual price increases. I still fully expect VGF to list at that same $207 price and then Disney will adjust incentives as they see fit.

Agreed.

 

[Paul Stupin]

You have no concrete data on that. DVC indirectly affects resale pricing with their direct pricing. Oh BTW, rumor has it another price increase in February. Yep, propping up that VGF new direct pricing alright.

Agreed that DVC indirectly affects resale pricing. So when the VGF2 prices are finally announced in the $207 range, probably less with incentives, resale prices for larger point contracts will go down.

 

[nuhusky123]

It’s interesting how a % of this forum want gfv pricing to be high. I can only guess because they own and want the value of their ownership to increase or at least maintain buy in value

i admit I want pricing to be as low as possible but objectively the data is pointing to $207

 

[Paul Stupin]

It’s interesting how a % of this forum want gfv pricing to be high. I can only guess because they own and want the value of their ownership to increase or at least maintain buy in value

i admit I want pricing to be as low as possible but objectively the data is pointing to $207

And maybe lower with incentives.

 

[RoseGold]

I was just in the parks and almost all of the DVC kiosks are staffed up. Obviously, they think they can sell something. The recent BW/Aulani fire sale was confusing to me, I've never had reverse sticker shock for Disney! DVC is confusing me with their pricing strategy, but I still say VGF will be high.

No new project has been announced. To me, that means VGF is in no hurry to sell through. If they sell through VGF, they'll have nothing new to show off, and they'll be stuck again with their old friends Aulani and RIV. They don't need an army of timeshare salesmen to sell undervalued product.

 

[Paul Stupin]

I was just in the parks and almost all of the DVC kiosks are staffed up. Obviously, they think they can sell something. The recent BW/Aulani fire sale was confusing to me, I've never had reverse sticker shock for Disney! DVC is confusing me with their pricing strategy, but I still say VGF will be high.

No new project has been announced. To me, that means VGF is in no hurry to sell through. If they sell through VGF, they'll have nothing new to show off, and they'll be stuck again with their old friends Aulani and RIV. They don't need an army of timeshare salesmen to sell undervalued product.

Undervalued product? Huh? They’ve established a going rate, and if they don’t stay in its general vicinity, they won’t sell it.