The VGF 2 pricing thread

[Sandisw]

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.

I will only do 50 if it’s $220s. Out for sure at $255. Up to 125 if low $200s

Pixie dust price for me would be $204 for 125…thinking $214 base with $10/off for March for current owners starting at 125.

 

[Bjaiken77]

I will only do 50 if it’s $220s. Out for sure at $255. Up to 125 if low $200s

Pixie dust price for me would be $204 for 125…thinking $214 base with $10/off for March for current owners starting at 125.

Well, that would be amazing. I would like some more direct points, so I may do 75 at $225. I’ve always said the higher price points aren’t as big of a deal when buying direct and a low number of points. If it’s $204 for 125 they can take my money. I may buy more.

 

[RamblinWreck]

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

Am I wrong, or is buying a DVC contract actually a hedge against inflation?

Buying a timeshare is a bet that prices will rise significantly over time. If they don't, the NPV of your initial purchase is in the red.

 

[stwaldman]

Am I wrong, or is buying a DVC contract actually a hedge against inflation?

Buying a timeshare is a bet that prices will rise significantly over time. If they don't, the NPV of your initial purchase is in the red.

I may be putting words in their mouth, but I read this post as "inflation would create other issues that would restrict my personal budget for DVC" but long term yeah your comment is correct (assuming price increases to resorts outpace price increases in dues sufficiently).

 

[RamblinWreck]

I may be putting words in their mouth, but I read this post as "inflation would create other issues that would restrict my personal budget for DVC" but long term yeah your comment is correct (assuming price increases to resorts outpace price increases in dues sufficiently).

I guess that makes sense, but if you are sweating a few thousand dollars one way or another on a purchase right now because of some uncertainty (not to downplay the severity of the uncertainty here) in the markets, then you may not have enough financial flexibility for a frivolous purchase like a timeshare to make sense in the first place.

I say this as a very risk-averse person though. Generally speaking, even people who have financed DVC contracts so far have come out pretty well in the long run. I still wouldn't do it myself.

 

[stwaldman]

I guess that makes sense, but if you are sweating a few thousand dollars one way or another on a purchase right now because of some uncertainty (not to downplay the severity of the uncertainty here) in the markets, then you may not have enough financial flexibility for a frivolous purchase like a timeshare to make sense in the first place.

I say this as a very risk-averse person though. Generally speaking, even people who have financed DVC contracts so far have come out pretty well in the long run. I still wouldn't do it myself.

Half agree - i think its been beaten to death on these boards that with annual price increases and short term incentives, there are instances where it makes sense to purchase a few months or years earlier than somebody would prefer, because it is entirely plausible that the VGF price for initial pricing might be $20-30pp higher than it will be 18 months from now after incentives (if they exist) expire, plus the now seemingly annual minimum price increase.

Every financial decision is personal, but the difference between pricing at $207 vs. $230pp is almost $5,000 on a 200 point contract. That's not an immaterial amount to push someone over their budget if they were at the top range at $207pp.

Edit: lower, not higher is what i meant...

 

[Bjaiken77]

If it comes out at $255 or higher, I just saved myself a lot of money. I’m hoping it’s low, and if it is, I look at it as an opportunity that may not come around again. It isn’t that great of an opportunity if the price is high.

 

[HIRyeDVC]

Man. 3/3 could not come soon enough so that this debate can finally be put to rest.

 

[SusieQ93]

If it comes out at $255 or higher, I just saved myself a lot of money. I’m hoping it’s low, and if it is, I look at it as an opportunity that may not come around again. It isn’t that great of an opportunity if the price is high.

Totally agree! No big rush to buy or anything at $255 pp. at that price, plenty Of other options. Or just not. I also do not think VGF is $48 pp nicer than RIV. RIV doesn’t have as good of location IMO (I think it’s subjective depending on what you want). But RIV is brand new and extremely nice. I think every bit as nice if not nicer than VGF. And most DVC buyers I believe are new owners. At the minimum purchase of 150 pts, that’s $7200 more than RIV. I just can’t see it.

 

[RamblinWreck]

Half agree - i think its been beaten to death on these boards that with annual price increases and short term incentives, there are instances where it makes sense to purchase a few months or years earlier than somebody would prefer, because it is entirely plausible that the VGF price for initial pricing might be $20-30pp higher than it will be 18 months from now after incentives (if they exist) expire, plus the now seemingly annual minimum price increase.

Every financial decision is personal, but the difference between pricing at $207 vs. $230pp is almost $5,000 on a 200 point contract. That's not an immaterial amount to push someone over their budget if they were at the top range at $207pp.

Edit: lower, not higher is what i meant...

Oh I agree.

I just don't think that the threat of impending inflation or other economic woes should make you rethink the $5,000 difference, if you are already planning on shelling out $40,000. If anything, it should be making you rethink the $40,000!

 

[RamblinWreck]

Man. 3/3 could not come soon enough so that this debate can finally be put to rest.

I'm already trying to brainstorm what to argue about next!

 

[stwaldman]

Oh I agree.

I just don't think that the threat of impending inflation or other economic woes should make you rethink the $5,000 difference, if you are already planning on shelling out $40,000. If anything, it should be making you rethink the $40,000!

we need to start a board for #DVCnihilism

 

[SusieQ93]

I'm already trying to brainstorm what to argue about next!

I’ve become quite entertained by this board. Never really was active on the boards before. But this has become my hobby as I rock my infant son to sleep or when he gets me up in the middle of the night but refuses to sleep anywhere but on me in a rocking chair and when I’m especially tired, I say to myself “grand Floridian, grand Floridian, grand Floridian,” I’m pretty sure the only reason my husband has agreed to finally purchase DVC is because of how exhaustingly hard being a new mom is. I’m going to need to find something new to preoccupy my middle of the night musings when the world is quiet and a little bit lonely.

 

[HIRyeDVC]

I'm already trying to brainstorm what to argue about next!

Definitely a DLT pricing thread. I can and cannot wait at the same time!

 

[BWV Dreamin]

Totally agree! No big rush to buy or anything at $255 pp. at that price, plenty Of other options. Or just not. I also do not think VGF is $48 pp nicer than RIV. RIV doesn’t have as good of location IMO (I think it’s subjective depending on what you want). But RIV is brand new and extremely nice. I think every bit as nice if not nicer than VGF. And most DVC buyers I believe are new owners. At the minimum purchase of 150 pts, that’s $7200 more than RIV. I just can’t see it.

But RIV has those restrictions. That right there may be a $48 difference.

 

[SusieQ93]

But RIV has those restrictions. That right there may be a $48 difference.

That’s true. I forget about the restrictions. They don’t matter quite so much to me only because I don’t envision myself selling (but who of us can predict the future, I sure can’t!). But I know they really bother some people. Although are new buyers savvy enough to understand that? I’m kind of surprised by some posts I see on FB where people have bought resale and had zero clue about the restrictions or that they wouldn’t be able to use their resale pts at Riviera. And I’m positive their resale reps would’ve told them. Sometimes I’m just surprised by what owners seem to not know - as someone who obsessively researches purchases.

 

[UrsulaWantsYourSoul]

On the DVC Show episode today they quoted the percentages from the poll. But it closed July 26, 2021. If it were still open, how much do you think percentages would have changed? My response would have shifted slightly.

 

[SleeplessInTO]

After we get pricing for VGF2, I’d love to speculate which resort Disney will offer steep incentives for next. Have fallen a little in love with OKW and would love to buy those at $40 off per point. I know, I know, I’m dreaming.

 

[Bjaiken77]

I’d love for them to drop those resale restrictions at RIV. I bought enough points that I was comfortable with on a resort that has resale restrictions. Without resale restrictions, I’d just buy more points there if VGF is high priced. I love RIV.

 

[nuhusky123]

Main concern I have about inflation because I do agree buying gfv is a hedge is that the economy takes a hit, dvc sales decrease and we actually see a price decrease of dvc

say inflation in the us gets so bad the fed has to increase interest rates to 10%. Dvc likely has to decrease prices not increase them

im still in the no way am I buying at $255 but I’ve got a nagging feeling could prices go down if the economy hits a speed bump and Russia goes to the next level