The VGF 2 pricing thread

[Sandisw]

I think they'd be opening a pandora's box if they did that.



But would it affect their resale value?

I am going to add that when you look up the definition of material change, adding resale restrictions would certainly seem to fit.

 

[Wedgeout]

Tomorrow the whole new 100+ page Shocker thread and finding out who bought first as the Ribbon Cutter!

 

[Skicks35]

For anyone about to buy VGF2 I'd head over to the budget board and check out the "we love credit cards" thread. While 0% is nice for 6 months, you can get WAAAYYY more value by opening few credit cards and using those to purchase your points. For instance several cards right now have 100k+ bonus offers. When I bought BLT direct in 2009 I ended up with a companion pass along with 70k UA points. Instead of giving DVC a check I used a couple credit cards and then paid it off that month. For people going big points-wise, the Capital1 Spark business card has a spend $50,000 in 3 months and get $3k statement credit.

This advice comes with the standard disclaimer not to open credit cards if you can't afford to. But if you are buying VGF2 I am assuming you can.

FYI - for anyone that regularly flies on Southwest: I believe each one of the Chase rapid rewards Visas (at least the ones with annual fees) are currently offering a 30k rapid rewards sign up bonus PLUS a complimentary companion pass good through 2/28/23 with $5k in purchases in the first 3 months. I signed up for mine on Feb 13, put a large medical procedure purchase on it on Feb 23, and the companion pass was linked to my account today! The $5k limit would certainly hit with any addition to VGF2.

 

[jacec]

Tomorrow the whole new 100+ page Shocker thread and finding out who bought first as the Ribbon Cutter!

I’ll be our ribbon cutter , will post right after I finalize the purchase.

 

[SusieQ93]

Thanks for sharing. I really don’t want another card but I also have a reason to have the 7 to 8 months free before I pay it all.

So, for me, that’s the best deal! I’ll still get my 1% back…don’t carry the premier card.

You can spread your DVC purchase over 3 months without financing? I plan to use Disney visa too.

 

[dfan_welcomehomeall_19]

Anyone know if you can use Disney Gift Cards to pay for a portion of the DVC purchase?

You can’t use gift cards or Disney reward dollars from Disney Visa card

 

[Sandisw]

You can spread your DVC purchase over 3 months without financing? I plan to use Disney visa too.

Yes, they have allowed people to spread out the payment to the card over 90 days. I have heard some guides give buyers a hard time and some will only do 30...I want the 60 days and mentioned that to my guide yesterday, and he didn't say he couldn't do it, but let's see what happens.

My plan is to put down the 10% down payment, and then ask for $8K in 30 days, and the balance in another 30 days after that! This all assumes I end up with the 125 I really want if the pixie dust price comes through for me...well, it comes in under $210! Feeling really good it will be close!!!

IF that happens, I am not paying the bulk of it off until October/November which is exactly when I want it to come due!!!

 

[SusieQ93]

Yes, they have allowed people to spread out the payment to the card over 90 days. I have heard some guides give buyers a hard time and some will only do 30...I want the 60 days and mentioned that to my guide yesterday, and he didn't say he couldn't do it, but let's see what happens.

My plan is to put down the 10% down payment, and then ask for $8K in 30 days, and the balance in another 30 days after that! This all assumes I end up with the 125 I really want if the pixie dust price comes through for me...well, it comes in under $210! Feeling really good it will be close!!!

IF that happens, I am not paying the bulk of it off until October/November which is exactly when I want it to come due!!!

Thanks for explaining! Yes, if it’s interest free why not take advantage (unless you didn’t want it on your credit report for a home or car purchase or something), but otherwise why not take the time?

 

[HIRyeDVC]

If they wanted to impose resale restrictions, why wouldn't they have turned them on at Aulani or with any of the sold out resorts they've been ROFRing and reselling?

I’m not saying it’s probable, but it’s possible and not difficult for Disney to do. VGF2 is a separate building. VGF1 contracts would fall under O14 without restrictions except for Riviera. VGF2 contracts that start selling tomorrow will be restricted for the next resale buyer. It will probably cause some headaches. But it would also help to maintain VGF1 resale contract value while VGF2 contracts will have similar value to Riviera. Again, I’m only speculating the possibility. So much will be revealed in 12 hours!!!

 

[sethschroeder]

But would it affect their resale value?

I think it would long term if people saw more people stuck there taking up rooms but I think initially it was have little impact to such a point it would be hard to argue any impact except in theory 15-20 years from now.

Thing with DVC is they already have done things that impact resale value at VGF:
Removal of blue card when you resell
Increase room total of only studios
Removal of access to future resorts

I would suspect those changes likely impact value for historical owners more than moving forward direct buyers have restricted points.

 

[BruinEd03]

You can’t use gift cards or Disney reward dollars from Disney Visa card

Not for the purchase price, but you can pay for the annual dues (that are immediately due) online using Disney GC. This was true at least as of 2020.

 

[Sandisw]

Not for the purchase price, but you can pay for the annual dues (that are immediately due) online using Disney GC. This was true at least as of 2020.

You can pay dues with GC and reward dollars! I just did that this week!

 

[rubybutt]

Yes, they have allowed people to spread out the payment to the card over 90 days. I have heard some guides give buyers a hard time and some will only do 30...I want the 60 days and mentioned that to my guide yesterday, and he didn't say he couldn't do it, but let's see what happens.

My plan is to put down the 10% down payment, and then ask for $8K in 30 days, and the balance in another 30 days after that! This all assumes I end up with the 125 I really want if the pixie dust price comes through for me...well, it comes in under $210! Feeling really good it will be close!!!

IF that happens, I am not paying the bulk of it off until October/November which is exactly when I want it to come due!!!

How many are you going to buy if it is 180?

 

[Sandisw]

How many are you going to buy if it is 180?

Do not tempt me!! But, if it is that???I would up to 150 for sure!!!

 

[BeachClub2014]

Holy smokes! I step away for a few hours and come back to the thread and have six new pages of reading to catch up on. Don't you people have jobs, or family, or eat? LOL

 

[dfan_welcomehomeall_19]

You can pay dues with GC and reward dollars! I just did that this week!

Sorry should have clarified! Yes I’ve done the same I buy gift cards at 4%-6% discount at a warehouse club for dues. I was referring only towards purchase

 

[ninafeliz]

Yes, they have allowed people to spread out the payment to the card over 90 days. I have heard some guides give buyers a hard time and some will only do 30...I want the 60 days and mentioned that to my guide yesterday, and he didn't say he couldn't do it, but let's see what happens.

My plan is to put down the 10% down payment, and then ask for $8K in 30 days, and the balance in another 30 days after that! This all assumes I end up with the 125 I really want if the pixie dust price comes through for me...well, it comes in under $210! Feeling really good it will be close!!!

IF that happens, I am not paying the bulk of it off until October/November which is exactly when I want it to come due!!!

I’m don’t remember all of the details, it was 2 years ago, but I’m pretty sure our guide said he had to put the total amount onto our Disney visa within 30 days. So he put 1/4 of what remained after our initial payment at the time we bought on every 7 days. We then paid off what we wanted to in that time period between the 7 day increments, and then let the amount that we wanted to carry with the 0% interest ride until we paid it off at 5 months. I will also add that letting a large amount carry over on my cc at 0% interest made our credit score take a decent hit. I can’t remember what we let sit for 5 months- I’m thinking in the range of $20,000? Luckily our credit scores were good enough that they stayed good, but it was a noticeable drop that did recover after we paid it.

 

[Sandisw]

I’m don’t remember all of the details, it was 2 years ago, but I’m pretty sure our guide said he had to put the total amount onto our Disney visa within 30 days. So he put 1/4 of what remained after our initial payment at the time we bought on every 7 days. We then paid off what we wanted to in that time period between the 7 day increments, and then let the amount that we wanted to carry with the 0% interest ride until we paid it off at 5 months. I will also add that letting a large amount carry over on my cc at 0% interest made our credit score take a decent hit. I can’t remember what we let sit for 5 months- I’m thinking in the range of $20,000? Luckily our credit scores were good enough that they stayed good, but it was a noticeable drop that did recover after we paid it.

I have two Disney Visas so I will most likely put part on one, and part on the other to keep each of them lower but still take advantage of whatever free time I get!

 

[SusieQ93]

I’m don’t remember all of the details, it was 2 years ago, but I’m pretty sure our guide said he had to put the total amount onto our Disney visa within 30 days. So he put 1/4 of what remained after our initial payment at the time we bought on every 7 days. We then paid off what we wanted to in that time period between the 7 day increments, and then let the amount that we wanted to carry with the 0% interest ride until we paid it off at 5 months. I will also add that letting a large amount carry over on my cc at 0% interest made our credit score take a decent hit. I can’t remember what we let sit for 5 months- I’m thinking in the range of $20,000? Luckily our credit scores were good enough that they stayed good, but it was a noticeable drop that did recover after we paid it.

Yeah, if you want to finance anything in the near future it’s a bad idea. But your score should recover as soon as your zero balance is reported to the credit agencies at the end of your billing cycle. Obviously not a good idea either if you are maxing out your only card or something. Credit is a tricky business. All about monitoring ratios, keeping balances low, etc. but yeah, if you’re carrying a 20k balance for several months you’re going to have a temporary hit no matter what.

 

[jbreen2010]

Anyone know if you can use Disney Gift Cards to pay for a portion of the DVC purchase?

you cannot use gift cards