The VGF 2 pricing thread

[Paul Stupin]

Couple reasons from my perspective

big draw of vgf was location and walkable to mk. Poly2 is close enough to vgf1 to be considered a sister building. Location now a wash

big draw of vgf was the better mix of rooms over poly which pretty much just had studios as the water bungalow required millionaire owners

poly2 will be brand new, vgf isn’t

vgf2 will be on sale for a few years and until sold out resale prices have to be below direct

vgf resale points cannot be priced above vgf direct or poly2 direct

. For the reasons stated above as a new buyer will you buy pol2 or vgf resale. Either way resale prices will be directly controled by both gfv2 and then eventually poly2 direct pricing

If VGF is sold out by then, it’ll be the most economical choice by far. It’s also kind of an apples to oranges thing I think.

 

[iluvthsgam]

If you are a member already with a blue card from buying points long ago, and considering the VGF2 points are the same association as VGF1, is there any reason to buy direct? If you can get a resale contract at better or lower rates now? Or guess to wait to see if resale goes lower? Either way, if I can find a resale which is lower price there is no reason to go direct, right?

 

[stwaldman]

If you are a member already with a blue card from buying points long ago, and considering the VGF2 points are the same association as VGF1, is there any reason to buy direct? If you can get a resale contract at better or lower rates now? Or guess to wait to see if resale goes lower? Either way, if I can find a resale which is lower price there is no reason to go direct, right?

the only reason would be having all of your points be "unrestricted" rather than a mix of restricted and unrestricted. How much value you place on that is entirely personal and based on your usage/travel plans

 

[Sandisw]

If you are a member already with a blue card from buying points long ago, and considering the VGF2 points are the same association as VGF1, is there any reason to buy direct? If you can get a resale contract at better or lower rates now? Or guess to wait to see if resale goes lower? Either way, if I can find a resale which is lower price there is no reason to go direct, right?

Thetwo different things. The blue card and use of points.

Blue card only gets you membership extras. It does not impact where the points can be used.

Resale points are restricted from use at RIV and future resorts, which could include the new Poly building.

So, if you don’t care about using these new points anywhere but the L14 resorts, resale makes sense.

If you want the option to use them, along with the ones you own, for RIV and future, then direct makes sense.

I didn’t like restricted points so I sold because we do enjoy RIV and want the option for the future.

 

[iluvthsgam]

@Sandisw and @stwaldman - many thanks! Both excellent points and something I did not remember to consider. So essentially it matters for just Riviera and (possibly/likely) future resorts, including Poly2.

 

[DKZB]

Today will be 6 days since I requested new docs. I’ve received several reminders to sign the old incorrect ones but no new docs!

Finally got my revised docs yesterday (7 days after I requested them)...They corrected one issue and made another mistake. Back to the drawing board!

 

[DKZB]

@Sandisw and @stwaldman - many thanks! Both excellent points and something I did not remember to consider. So essentially it matters for just Riviera and (possibly/likely) future resorts, including Poly2.

MAYBE Poly 2 and LIKELY Disney Land Tower.

Speculation on Poly 2 is that it may be the same condo association (Like VGF and VGF2). If that is the case, there probably won't be restrictions on resale points.

 

[iluvthsgam]

the only reason would be having all of your points be "unrestricted" rather than a mix of restricted and unrestricted. How much value you place on that is entirely personal and based on your usage/travel plans

Also, this only matters for me, right? Because if I sell the points (whether I buy points direct or resale) then the new owner is considered resale and the restrictions will apply to them no matter what, yes?

 

[Sandisw]

MAYBE Poly 2 and LIKELY Disney Land Tower.

Speculation on Poly 2 is that it may be the same condo association (Like VGF and VGF2). If that is the case, there probably won't be restrictions on resale points.

Very true, but those considering resale may be better off assuming the worst and deciding based on that.

Of course, DVC vague announcement is stirring things up just like they wanted! Lol

 

[Sandisw]

Also, this only matters for me, right? Because if I sell the points (whether I buy points direct or resale) then the new owner is considered resale and the restrictions will apply to them no matter what, yes?

The resale points bought now would be restricted to L14 for your use. If you go to sell them, the new buyer will be under whatever restrictions are in place at that time.

Right now, we know for sure you can’t use them at RIV and any future resorts.

What we don’t know for sure is how DVD will define DLT and the new Poly tower. We assume DLT will be considered new and restricted to resale contracts bought since 2019.

The new Poly tower is a mystery and it could go either way. So, as I said, IMO, assume it will be new and restricted from use with the new points.

This way, if it ends up in the same association as the current Poly, resale points will be eligible there!

 

[iluvthsgam]

The resale points bought now would be restricted to L14 for your use. If you go to sell them, the new buyer will be under whatever restrictions are in place at that time.

Right now, we know for sure you can’t use them at RIV and any future resorts.

What we don’t know for sure is how DVD will define DLT and the new Poly tower. We assume DLT will be considered new and restricted to resale contracts bought since 2019.

The new Poly tower is a mystery and it could go either way. So, as I said, IMO, assume it will be new and restricted from use with the new points.

This way, if it ends up in the same association as the current Poly, resale points will be eligible there!

Thanks! Just for clarity. Assuming in 2 years no changes are made to resale restrictions, if I go to sell a direct contract I bought versus a resale contract I bought - the person I sell to is in the same boat. It doesn't matter whether I am selling to them a direct contract or resale contract. Yes?

 

[Sandisw]

Thanks! Just for clarity. Assuming in 2 years no changes are made to resale restrictions, if I go to sell a direct contract I bought versus a resale contract I bought - the person I sell to is in the same boat. It doesn't matter whether I am selling to them a direct contract or resale contract. Yes?

Correct! Any contract bought resale, no matter how the current owner acquired it, will carry whatever restrictions are in place at that time?

So, my direct RIV and resale RIV would both sell with the exact same restrictions, only good at RIV, even though for me, I get to use the direct at all.

 

[KAT4DISNEY]

@Sandisw and @stwaldman - many thanks! Both excellent points and something I did not remember to consider. So essentially it matters for just Riviera and (possibly/likely) future resorts, including Poly2.

My bet is the new building at Poly will roll into the existing association so it won't have the distinction.
DLH maybe - depending on if they decide to continue down the path they selected with Riviera.

 

[redboat45]

Are the new studios the same points as the current studios?

 

[Nabas]

Are the new studios the same points as the current studios?

Yes, with the caveat that in addition to having standard and lake view rooms (like VGF1), the new building includes a “theme park view” category of room, which is more points per night than a lake view room.

 

[Royal Consort]

What we don’t know for sure is how DVD will define DLT and the new Poly tower. We assume DLT will be considered new and restricted to resale contracts bought since 2019.

The new Poly tower is a mystery and it could go either way. So, as I said, IMO, assume it will be new and restricted from use with the new points.

I find it ridiculous that DVC is having a bet either way on restrictions. It blows my mind they are selling two completely different products simultaneously. They need to sort this out but I am not convinced they even know what they're doing. They're going to have to make a concrete decision soon. The flip flopping inconsistency belies bureaucratic chaos.

 

[Sandisw]

I find it ridiculous that DVC is having a bet either way on restrictions. It blows my mind they are selling two completely different products simultaneously. They need to sort this out but I am not convinced they even know what they're doing. They're going to have to make a concrete decision soon. The flip flopping inconsistency belies bureaucratic chaos.

I do agree they may need to give an answer soon. I am not sure that I see any flip flopping because the VGF was a quick turn around that made sense to keep the same.

I am not saying this won’t be the same but based on what appeared to be their long game prior to the pandemic, this being new would seem to get that plan back on track.

But they definitely wanted to cause chaos by not clearly defining it yesterday..whether because they have not yet decided or want the option to change it if they have.

 

[Paul Stupin]

I do agree they may need to give an answer soon. I am not sure that I see any flip flopping because the VGF was a quick turn around that made sense to keep the same.

I am not saying this won’t be the same but based on what appeared to be their long game prior to the pandemic, this being new would seem to get that plan back on track.

But they definitely wanted to cause chaos by not clearly defining it yesterday..whether because they have not yet decided or want the option to change it if they have.

I think they'll stay on track with the resale restrictions, especially on big fancy new construction. Why wouldn't they? (Rhetorical question!)

 

[DKZB]

I think they'll stay on track with the resale restrictions, especially on big fancy new construction. Why wouldn't they? (Rhetorical question!)

Only reason is if they think Riviera isn't selling well because of it!

 

[Paul Stupin]

Only reason is if they think Riviera isn't selling well because of it!

Of course there are different points of view on this, but I truly don’t think the restrictions are a factor in Riviera sales.