The VGF 2 pricing thread

[CarolynFH]

No, they will put back my borrowed points to their original UY. I will use my 2021 VGF points to replace the RIV and SSR points I borrowed and those will be returned to my Dec 2022 UY

It is a benefit when you add on and have new points. I confirmed this was still the practice the other day as well.

Thanks - I had not heard of that benefit of buying direct. Very nice!

 

[DonMacGregor]

For the new rooms, dues should be prorated from the date they open.

I doubt there will be 2021 points because the rooms did not exist as DVC in 2021.

That's what I've been wondering. How do they give you (for example) 150 2021 points, which represent your .XXXX% ownership in brand new, freshly minted VGF2 Unit XYZ, when Unit XYZ didn't even exist in 2021?

I mean, hypothetically, if DLT were to start selling in January 2023, then every single direct buyer asking for any UY after January would still be in their 2022 UY and entitled to 2022 points. Disney would, in effect, already have almost an entire year (or potentially hundreds of thousands) of banked points to deal with, right?

 

[CarolynFH]

For the new rooms, dues should be prorated from the date they open.

I doubt there will be 2021 points because the rooms did not exist as DVC in 2021.

Thanks for the further clarification. I was concentrating on the issue of calendar year vs. UY for dues.

 

[Sandisw]

That's what I've been wondering. How do they give you 150 2021 points, which represent your .XXXX% ownership in Unit XYZ, when Unit XYZ didn't even exist in 2021.

I mean, hypothetically, if DLT were to start selling in February 2023, then every single direct buyer asking for any UY after February would still be in their 2022 UY and entitled to 2022 points. Disney would, in effect already have an entire year (or hundreds of thousands) of banked points to deal with, right?

The points are based on UY so you are getting them for that and the new rooms will open during many UYs.

But also remember the points deeded to the new building won’t be eligible for use until the rooms open so that is how it doesn’t overload the system.

And I forgot about the dues. You won’t pay them until the opening date unless you are deeded to the current building.

I guess we will see come Thursday if they leave any UYs out. From my conversation with my guide, who knows my UY is December it certainly sounded like I’m getting them because the majority of my 2021 UY is in 2022 when the resort opens since I want them for July.

These are also part of the same association so the resort does exist..just not the new rooms.

 

[Marionnette]

The points are based on UY so you are getting them for that and the new rooms will open during many UYs.

But also remember the points deeded to the new building won’t be eligible for use until the rooms open so that is how it doesn’t overload the system.

And I forgot about the dues. You won’t pay them until the opening date unless you are deeded to the current building.

I guess we will see come Thursday if they leave any UYs out. From my conversation with my guide, who knows my UY is December it certainly sounded like I’m getting them because the majority of my 2021 UY is in 20222 when the resort opens.

So if I'm understanding this correctly, if VGF2 opens in let's say August 2022, then only September, October and December UYs would get 2021 points and all others would only get 2022 points?

 

[DonMacGregor]

The points are based on UY so you are getting them for that and the new rooms will open during many UYs.

But also remember the points deeded to the new building won’t be eligible for use until the rooms open so that is how it doesn’t overload the system.

And I forgot about the dues. You won’t pay them until the opening date unless you are deeded to the current building.

I guess we will see come Thursday if they leave any UYs out. From my conversation with my guide, who knows my UY is December it certainly sounded like I’m getting them because the majority of my 2021 UY is in 20222 when the resort opens.

Right, I was using a brand new resort and a January opening as an extreme example. Many are speculating that DLT sales will begin sometime at the end of this year. That tower won't be ready then and there won't be any declared rooms when sales begin, so none of the points will be eligible for use, regardless of UY.

 

[Sandisw]

So if I'm understanding this correctly, if VGF2 opens in let's say August 2022, then only September, October and December UYs would get 2021 points and all others would only get 2022 points?

I don’t know for sure but I think because the current resort exists and these rooms are the same association as the current resort it would not sense to me that 2021 points won’t be given. I have wondered about April but everything else.

I got the sense this will open earlier than later in summer too, like July so really, not sure why everyone wouldn’t get current UY points.

 

[DonMacGregor]

Right, I was using a brand new resort and a January opening as an extreme example. Many are speculating that DLT sales will begin sometime at the end of this year. That tower won't be ready then and there won't be any declared rooms when sales begin, so none of the points will be eligible for use, regardless of UY.

I still don't see how they can give you 2021 points for a unit that didn't exist in 2021.

 

[Sandisw]

Right, I was using a brand new resort and a January opening as an extreme example. Many are speculating that DLT sales will begin sometime at the end of this year. That tower won't be ready then and there won't be any declared rooms when sales begin, so none of the points will be eligible for use, regardless of UY.

But that is a new resort. This is not so I think it could make a difference.

I think they can because the units will exist in the 2021 UY for many so not sure why they would not exist.

Now, maybe April and June could be at risk?

 

[DonMacGregor]

I don’t know for sure but I think because the current resort exists and these rooms are the same association as the current resort it would not sense to me that 2021 points won’t be given.

Right, but regardless of the fact that the association already exists, the deed of ownership is specific to a unit that does not exist (yet). Our points are representative of our specific ownership in that specific unit.

You're entitled to a certain number of points which represent your ownership in a specific Unit. If there is no unit, then there is no percentage of ownership.

NOTE: I do understand the difference between a calendar year for purposes of date of construction/conversion, and a UY.

 

[Sandisw]

Right, but regardless of the fact that the association already exists, the deed of ownership is specific to a unit that does not exist (yet). Our points are representative of our specific ownership in that specific unit.

You're entitles to a certain number of points which represent your ownership in a Unit. If there is no unit, then there is no percentage of ownership.

Correct. But they gave March 2019 UY points to someone for RIV when that resort did not open until Dec 2019. Yes, same calendar year, but those points couldn’t be used until Dec so they had points for 9 months before opening.

Same with when I got August 2019 points when the resort didn’t open until months later.

I guess we will see! The other possibility is that the first set of sales will be deeded to the current building for those UYs until the rooms open?

But say they open in July 2022…why would someone with a Sept UY not get 2021 points? It’s the current UY and the rooms are open.

 

[DonMacGregor]

Correct. But they gave March 2019 UY points to someone for RIV when that resort did not open until Dec 2019. Yes, same calendar year, but those points couldn’t be used until Dec so they had points for 9 months before opening.

Same with when I got August 2019 points when the resort didn’t open until months later.

I guess we will see!

So if DLT opens the last week of November 2023 and you walk into the sales office on November 30 and tell them you want a December UY, they will give you full 2022 points representing your ownership in a unit that didn't even exist for 90+% of 2023 and not at all in 2022?

As you said, I guess we'll see.

 

[Bjaiken77]

What do you guys think of the price ends up being $225-235ish? Is that still a buy for you? It’s lower than the $255 but higher than the other resorts at $207.

 

[kdm31091]

CCV is $225 and in the MK area, but not on the monorail loop. So I really cannot see how they'd price VGF below $225 (at a base price, at least). It wouldn't make a lot of sense.

 

[nuhusky123]

CCV is $225 and in the MK area, but not on the monorail loop. So I really cannot see how they'd price VGF below $225 (at a base price, at least). It wouldn't make a lot of sense.

Sold out resort vs 2,000,000 new points. law of supply and demand

 

[Bjaiken77]

There are all kinds of arguments you can make for a wide variety of price points. It’ll be interesting to see which one wins out. $225-235 is a little steep for me. I’m not super comfortable at that price.

 

[Sandisw]

So if DLT opens the last week of November 2023 and you walk into the sales office on November 30 and tell them you want a December UY, they will give you full 2022 points representing your ownership in a unit that didn't even exist for 90+% of 2023 and not at all in 2022?

I believe so, yes…unless they decide that the first year to receive points for December was 2023 UY…they did do that with Feb UY for RIV. They announced those would start with 2020.

But, as I said, those with a March UY get a full set of 2019 points for use at RIV when the resort was only open for 2 weeks in 2019.

 

[nuhusky123]

What do you guys think of the price ends up being $225-235ish? Is that still a buy for you? It’s lower than the $255 but higher than the other resorts at $207.

given Inflation is about to go nuts, harder buy at that price and swan reserve may get my $

 

[Sandisw]

What do you guys think of the price ends up being $225-235ish? Is that still a buy for you? It’s lower than the $255 but higher than the other resorts at $207.

I think it will be close to RIV because I’m positive my talks with my guide would have been different.

Plus, if it was going to be the $255 like before why would there be a need to not have leaked that with the notion of incentives to come.

Lets put it this way, if I am wrong, and it’s not close to RIV, I will be in total shock at this point.

 

[Bjaiken77]

I think it will be close to RIV because I’m positive my talks with my guide would have been different.

Plus, if it was going to be the $255 like before why would there be a need to not have leaked that with the notion of incentives to come.

Yeah, that’s why I posed it that way. At $207-215 I’m for sure in. For $255 or higher I’m for sure out. It’s that middle price point that bugs me.