The VGF 2 pricing thread

[AvidDisReader]

What I was trying to share, more as a point to consider, is that, for younger families who are frequently struggling to make mortgage payments on first homes, etc., leaving a legacy with a high MF (ie a contract for 200 points vs 100 points) means they may feel they need to sell it off to lower monthly/annual expenses - defeating entirely the point of buying it as a legacy. EVERY family is different, I was just sharing how more is not "always" better in a Legacy situation.

Not trying to be rude, but there is no risk in leaving DVC points as a legacy to heirs. Unlike other Time Shares, DVC has value and the heirs could just sell them--and for a nice piece of change. My wife and I have already had discussion with our three adult children regarding this fact. So if no one wants them/the financial burden, they are all aware that there is a secondary market and the points can be sold.

 

[CarolynFH]

Not trying to be rude, but there is no risk in leaving DVC points as a legacy to heirs. Unlike other Time Shares, DVC has value and the heirs could just sell them--and for a nice piece of change. My wife and I have already had discussion with our three adult children regarding this fact. So if no one wants them/the financial burden, they are all aware that there is a secondary market and the points can be sold.

Yes, that's the case today. No guarantees that it will be true in the future.

 

[hcortesis]

Yes, that's the case today. No guarantees that it will be true in the future.

But if you receive them for free, it's pretty difficult not to come out ahead.

 

[Sandisw]

No one can force heirs to accept any unwanted bequest, including a timeshare contract. Could be a reason not to add kids as owners unless (like Sandi’s kids) they truly want to be owners and accept responsibilities for MFs.

And to add, MFs will be paid for 10 years after we are gone! So, it was a no brainer for them!

 

[BWV Dreamin]

No one can force heirs to accept any unwanted bequest, including a timeshare contract. Could be a reason not to add kids as owners unless (like Sandi’s kids) they truly want to be owners and accept responsibilities for MFs.

We have our contracts titled in a Living Revocable Trust. Upon our death the heirs can keep them or sell them. They are not forced to take ownership.

 

[Ssplashhmtn]

What I was trying to share, more as a point to consider, is that, for younger families who are frequently struggling to make mortgage payments on first homes, etc., leaving a legacy with a high MF (ie a contract for 200 points vs 100 points) means they may feel they need to sell it off to lower monthly/annual expenses - defeating entirely the point of buying it as a legacy. EVERY family is different, I was just sharing how more is not "always" better in a Legacy situation. So over-or-under 150 points can push someone to direct or resale prices also.

That’s a really good point to consider. More isn’t always better. That is another compelling reason (which I had not considered) for having multiple small contracts, rather than one large contract. Heirs can then sell off half (for example) on the resale market if the dues burden is too much.

 

[pirate33]

We have our contracts titled in a Living Revocable Trust. Upon our death the heirs can keep them or sell them. They are not forced to take ownership.

Right. Even for one of the toxic non-DVC timeshares, the heirs are not obligated to accept them or any other obligation/debt. They can simply decline. But with DVC, unless there is a monumental change, there would be no reason for them to decline. They can either enjoy the contract or sell it.

 

[hhisc16]

$255Per Vacation Point
The Villas at Disney's Grand Floridian Resort & Spa

Back onto the Add On Tool.

 

[BWV Dreamin]

$255Per Vacation Point
The Villas at Disney's Grand Floridian Resort & Spa

Back onto the Add On Tool...

Where in the DVC member website? Wow!!

 

[hhisc16]

Where in the DVC member website? Wow!!

The Add on Tool is where I found it available this morning.

 

[hhisc16]

255x150 pts=$38,250 for a new DVC member at VGF!

 

[BWV Dreamin]

255x150 pts=$38,250 for a new DVC member at VGF!

Hahahahaha well I was right! They are not gonna leave money on the table. And you can bet they will increase this ppp sometime after sales open. Just the opening price. We will see some kind of incentives early on. Have to say “ I told ya so!”

 

[TinkB278]

$255Per Vacation Point
The Villas at Disney's Grand Floridian Resort & Spa

Back onto the Add On Tool...

Does this mean vgf2 will be on sale soon? I was pretty set on adding on here but I guess not anymore at $255/ pt.

 

[hhisc16]

Does this mean vgf2 will be on sale soon? I was pretty set on adding on here but I guess not anymore at $255/ pt.

Who knows anymore...
But I did see the 255 add on price tool at VGF.

 

[kdm31091]

That price is just really hard to justify IMO especially with the high point chart. The points cost a lot and don’t go far.

 

[Epcot Forever Forever]

$255Per Vacation Point
The Villas at Disney's Grand Floridian Resort & Spa

Back onto the Add On Tool.

ok but can you actually buy it? The site has been so buggy this week I frankly believe nothing unless someone completes a sale.

 

[hhisc16]

ok but can you actually buy it? The site has been so buggy this week I frankly believe nothing unless someone completes a sale.

Maybe someone on here can call their DVC guide and ask...

 

[nuhusky123]

The page specifically lists gfv as limited availability. So they are in effect selling to gfv1 a sold out resort.

still wager price for gfv2 aligns to riv

 

[BWV Dreamin]

The page specifically lists gfv as limited availability. So they are in effect selling to gfv1 a sold out resort.

still wager price for gfv2 aligns to riv

Doesn’t make sense to offer the original VGF at 255/pt but the new VGF2 at a lower price? They are not going to sell points at different prices when they are all a part of the same association.

 

[nuhusky123]

I know you want gfv to be priced high to protect your investment. I don’t think Disney sells squat at $255 and I also see this price for a sold out resort.

law of supply and demand all but requires dvc to adjust the price down unless they are cool sitting on 2,000,000 points for five years