The VGF 2 pricing thread

[Sandisw]

I'm a little confused on this math.

I thought all points are at a discounted rate once you meet the published criteria.

If someone was purchasing 175-199 points Price Per Point is $205
200-249 would be $203
250-299 Points be $201
300-499 points come in at $199 a point.

Is this wrong?

No. But the notion is that if you are buying one 150 anyway, if you apply the difference in total between the two, it’s like getting the extra 25 for a lower price because your applying the discount only to those.

It’s just another way of looking at it. Think of it as a buy 150, get another 25 at a discount. End result is is still $205 when applying to all.

 

[OnThisMagicNight]

I'm very disappointed in the new member incentives. We've been waiting since they first announced the VGF expansion and I had everything ready to go to purchase direct today, but now I'm having 2nd thoughts and wondering if I should attempt making some offers on resale instead. We want 300-325 points. If I'm being honest, it's probably not just the price, but all the bad press about Disney these past few days is starting to get to me too. Disney has always been our happy place, our escape from the "real world" and now it's become yet another divisive topic for people to argue about - I'm worried about that attitude spilling into the parks. Hopefully that worry is unfounded but I can't get it out of my head either way.

What would you offer resale for a contract in the 250-300+ points range?

 

[MiraclesTakeTime]

No one is able to purchase only 25 points for this resort. They may have in the past but I believe the minimum add-on was raised to 50.

As far as getting the points at a discount, as soon as you become a member you would qualify.

So if you purchased a small point contract at any resort on the resale market and it passed ROFR then you would become a member and be eligible for member pricing.

This could possibly be a better option. Does anyone know what add-on price is for members?

 

[Sandisw]

This could possibly be a better option. Does anyone know what add-on price is for members?

Incentives start at 125 points…currently $4 off…minimum when a member is 50 points which is full price at $207

200 is $12 off. But these go only until June. Buying and closing on resale by then would be difficult.

 

[eticketplease]

Incentives start at 125 points…currently $4 off…minimum when a member is 50 points which is full price at $207

200 is $12 off. But these go only until June. Buying and closing on resale by then would be difficult.

I agree it would be difficult but they will most likely offer more incentives after this.

However you never know if the incentive will be better and if does turn out to be better if they will raise the price per point so that they are still making their $$.

 

[Sandisw]

I agree it would be difficult but they will most likely offer more incentives after this.

However you never know if the incentive will be better and if does turn out to be better if they will raise the price per point so that they are still making their $$.

Most often, incentives don’t get better for a resort over time. I think best case would be they keep them the same.

I would be shocked to see base price rise. It’s never happened thst fast and I don’t see this being an exception.

But, no matter what, once a member, your incentives will be better than whatever is being offered at the time for new members, assuming you add on at a level for them.

if resale points work for you, then it’s a good plan.

 

[lorie13]

I'm very disappointed in the new member incentives. We've been waiting since they first announced the VGF expansion and I had everything ready to go to purchase direct today, but now I'm having 2nd thoughts and wondering if I should attempt making some offers on resale instead. We want 300-325 points. If I'm being honest, it's probably not just the price, but all the bad press about Disney these past few days is starting to get to me too. Disney has always been our happy place, our escape from the "real world" and now it's become yet another divisive topic for people to argue about - I'm worried about that attitude spilling into the parks. Hopefully that worry is unfounded but I can't get it out of my head either way.

What would you offer resale for a contract in the 250-300+ points range?

IMO if you are not receiving at least a 20% - 30% discount on a large contract, then I would go direct.
One of the best things about going direct is splitting the contract into smaller contracts. If you are looking for 300 points, you could do 3 100 point contracts and you can pick your UY.

Two other items to consider is that closing costs are higher on resale than direct (on direct you can ask for no title insurance if you want for more of a savings), direct purchase dues for 2022 on VGF will be prorated after the resort opens or once your UY starts. Most resale contracts if they come with 2022 points want you to reimburse them for this year.
Many resale contracts are stripped, no points until 2023, direct you will receive 2022 points.

You definitely have time to shop around as the new pricing is good until June 1st. Good Luck.

 

[hglenn]

IMO if you are not receiving at least a 20% - 30% discount on a large contract, then I would go direct.
One of the best things about going direct is splitting the contract into smaller contracts. If you are looking for 300 points, you could do 3 100 point contracts and you can pick your UY.

Two other items to consider is that closing costs are higher on resale than direct (on direct you can ask for no title insurance if you want for more of a savings), direct purchase dues for 2022 on VGF will be prorated after the resort opens or once your UY starts. Most resale contracts if they come with 2022 points want you to reimburse them for this year.
Many resale contracts are stripped, no points until 2023, direct you will receive 2022 points.

You definitely have time to shop around as the new pricing is good until June 1st. Good Luck

Is it just the title insurance that reduces the closing costs on direct? Any idea how much that is?

 

[MiraclesTakeTime]

Incentives start at 125 points…currently $4 off…minimum when a member is 50 points which is full price at $207

200 is $12 off. But these go only until June. Buying and closing on resale by then would be difficult. I was just comparing RIV and VGF2 discounts for buying direct.

That is true. Doing some calculations, if I compare incentives at RIV and VGF on 200 points, it is only $1400.00 difference and GF has a lower MF.

 

[RKS03]

Beverage coolers get to a temp in the 40's. Milk needs to be stored in the 30's.

That’s a bummer. How much extra could a regular mini fridge have cost?

 

[wnielsen1]

Because these are not hotel rooms?

Good one Sandi! You have a future career as a DVC guide if you want it. These are hotel rooms no matter how DVC markets them. In fact, the hotel rooms in the other GF buildings (except for VGF1) are going to look exactly the same as these "resort studios". I guess the only way to tell them apart is that housekeeping will only be cleaning the "resort studios" every 8 days.

 

[Sandisw]

That is true. Doing some calculations, if I compare incentives at RIV and VGF on 200 points, it is only $1400.00 difference and GF has a lower MF.

It does have 6 years less and a slightly higher points chart but for many it may not matter, especially if VGF is preferred over RIV.

 

[Sandisw]

Good one Sandi! You have a future career as a DVC guide if you want it. These are hotel rooms no matter how DVC markets them. In fact, the hotel rooms in the other GF buildings (except for VGF1) are going to look exactly the same as these "resort studios". I guess the only way to tell them apart is that housekeeping will only be cleaning the "resort studios" every 8 days.

You asked why I expected it and that is my answer. They are supposed to be a resort studio.

To me, the failure to put in the kitchenette was what made the big difference to being more as a hotel room..not that they didn’t have a toaster….

Another email has been sent…that is really a silly exclusion.

ETA: They are going to love me when I try it for one night in JUly..please send me a real coffee pot, a toaster, and a microwave!

 

[lorie13]

Is it just the title insurance that reduces the closing costs on direct? Any idea how much that is?

Just an example on a 100 point contract (we just did 2 100 point contracts). Direct without title insurance $413.40, with title insurance $502.43, from a resale brokers site $665.

 

[wnielsen1]

You asked why I expected it and that is my answer. They are supposed to be a resort studio.

To me, the failure to put in the kitchenette was what made the big difference to being more as a hotel room..not that they didn’t have a toaster….

Another email has been sent…that is really a silly exclusion.

It will be interesting to see if the room amenities evolve over time. Certainly they can fit a microwave and a toaster somewhere. I guess we'll find out when it opens and they start getting regular feedback.

 

[pianomanzano]

I'm very disappointed in the new member incentives. We've been waiting since they first announced the VGF expansion and I had everything ready to go to purchase direct today, but now I'm having 2nd thoughts and wondering if I should attempt making some offers on resale instead. We want 300-325 points. If I'm being honest, it's probably not just the price, but all the bad press about Disney these past few days is starting to get to me too. Disney has always been our happy place, our escape from the "real world" and now it's become yet another divisive topic for people to argue about - I'm worried about that attitude spilling into the parks. Hopefully that worry is unfounded but I can't get it out of my head either way.

What would you offer resale for a contract in the 250-300+ points range?

Most of the good "deals" in resale are most likely gone, since most sellers either went on board and lowered their listings (and got offers right away) or took their listings off the market when VGF2 started. There's only 5 or so listings across all the resale sites in that point range that have prices reflecting pre-VGF2. Doesn't hurt to try though! On the ROFR board, someone got a 200+ contract at $144pp and there were two recent passes at $158pp and $170pp for smaller contracts, so they're not taking any VGF right now. Good luck!

 

[Aela]

I was planning on buying VGF today, and now.. ugh…. I wish we could buy small on resale, but agree that it would be tight to close before the member deals expire.

 

[hglenn]

Incentives start at 125 points…currently $4 off…minimum when a member is 50 points which is full price at $207

200 is $12 off. But these go only until June. Buying and closing on resale by then would be difficult.

Sandi do you know the incentives for members for Riviera? I'm now thinking that might be a better option for us if we choose to go direct. And I think it would be a better fit for us than VGF.

 

[OnThisMagicNight]

IMO if you are not receiving at least a 20% - 30% discount on a large contract, then I would go direct.
One of the best things about going direct is splitting the contract into smaller contracts. If you are looking for 300 points, you could do 3 100 point contracts and you can pick your UY.

Two other items to consider is that closing costs are higher on resale than direct (on direct you can ask for no title insurance if you want for more of a savings), direct purchase dues for 2022 on VGF will be prorated after the resort opens or once your UY starts. Most resale contracts if they come with 2022 points want you to reimburse them for this year.
Many resale contracts are stripped, no points until 2023, direct you will receive 2022 points.

You definitely have time to shop around as the new pricing is good until June 1st. Good Luck.

Most of the good "deals" in resale are most likely gone, since most sellers either went on board and lowered their listings (and got offers right away) or took their listings off the market when VGF2 started. There's only 5 or so listings across all the resale sites in that point range that have prices reflecting pre-VGF2. Doesn't hurt to try though! On the ROFR board, someone got a 200+ contract at $144pp and there were two recent passes at $158pp and $170pp for smaller contracts, so they're not taking any VGF right now. Good luck!

Thank you both, lots to think about it.

By the way, haven't seen it mentioned here yet, but new members can't make a reservation with their new points until April 11th (and it has to be after the BPK opening date, regardless of where you're trying to reserve.)

 

[MiraclesTakeTime]

It does have 6 years less and a slightly higher points chart but for many it may not matter, especially if VGF is preferred over RIV.

Definitely another consideration. Why does this have to be so hard...