The VGF 2 pricing thread

[wnielsen1]

All that is left is the screaming and crying. And signing and payment. Spoke with my DVC rep, and I'm about to join the cult. Appreciate the advice and insight in the thread. Nothing is done until it's done (money gone, points in, first stay booked), of course. But the promise has been made.

Welcome home (soon) and start socking money away for the inevitable add-ons.

 

[KTownRaider]

There is a gigantic space just across from the bathroom. You know - where the kitchenettes normally go. Instead they put a credenza type table there with a little seat underneath that you can pull out.

Missed opportunity for DVC room tour guides to feature that doorway 'credenza type table' as a 'kitchenette-staging surface' since that is essentially what it'll become when guests (like our esteemed moderator) start requesting a microwave, and/or toaster, and/or coffee pot...

Congrats to all members who got in before the opening incentives expired yesterday!

 

[OnThisMagicNight]

All that is left is the screaming and crying. And signing and payment. Spoke with my DVC rep, and I'm about to join the cult. Appreciate the advice and insight in the thread. Nothing is done until it's done (money gone, points in, first stay booked), of course. But the promise has been made.

Congrats and Welcome Home! I'll probably still move forward also but we decided to take a few days and think it over now.

 

[Docwheeze]

Wow! This is the best board for novices to learn about the DVC! Thanks to all of you for your help. Just bought two contracts at VGF for 200, split 150 and 50 per your suggestions. Offered Feb UY. Not crazy about the reduced incentives for new members but now part of the club. We have a 4 y/o son and figure this will be ideal for him to be close to MK and ride the monorail. Plan to add-on at some point for an Epcot centric resort. Any suggestions? Thanks again.

 

[Sandisw]

Wow! This is the best board for novices to learn about the DVC! Thanks to all of you for your help. Just bought two contracts at VGF for 200, split 150 and 50 per your suggestions. Offered Feb UY. Not crazy about the reduced incentives for new members but now part of the club. We have a 4 y/o son and figure this will be ideal for him to be close to MK and ride the monorail. Plan to add-on at some point for an Epcot centric resort. Any suggestions? Thanks again.

I love RIV so IMO owning that and VGF gives you both without having to choose one of the 2042 resorts.

 

[Cyberc1978]

I'm curious why your closing cost is so much lower than what I was quoted. My agent quoted $487.20 each for a 150 point and a 50 point contract. Total closing costs for both were $974.40. He was baffled why they were both the same so I'm waiting to see the paperwork before I sign anything.
Edit: agent just called with corrected numbers and it's $829.50 closing costs for both. I'd be curious what others are being quoted as some did the same breakdown. I also opted out of title insurance.

The closing was $91 but on top there was the document fee of $250.

 

[Cyberc1978]

Recently? I think mine was like 250?

That was the document fee I had that too on top of the closing.

It was last week

 

[Dyefrog]

The closing was $91 but on top there was the document fee of $250.

Now it makes perfect sense. My 150 point sans title insurance was $487.20 and if I add in the $341 for the 50 point contract you quoted, that gets me to my total of $829ish for 200 total points split into 2 contracts.

On a somewhat related topic as there are others here like me that are new to DVC, I asked about how many guests a member can invite for Moonlight Magic. I have 4 people on the deed, myself and 3 of my children as I will not always be there when they are so I wanted to make sure that they had blue card privileges. The maximum amount of guests is 4 per contract, not member. So if we have a large gathering, only a total of 4 can go as long as at least one of us on the deed goes. I also heard that you can only go once per year but my guide couldn't verify.

 

[CarolynFH]

I also heard that you can only go once per year but my guide couldn't verify.

You can go once per park each year, so this year a given member could go to Epcot, DHS and AK once each.

 

[Sandisw]

Now it makes perfect sense. My 150 point sans title insurance was $487.20 and if I add in the $341 for the 50 point contract you quoted, that gets me to my total of $829ish for 200 total points split into 2 contracts.

On a somewhat related topic as there are others here like me that are new to DVC, I asked about how many guests a member can invite for Moonlight Magic. I have 4 people on the deed, myself and 3 of my children as I will not always be there when they are so I wanted to make sure that they had blue card privileges. The maximum amount of guests is 4 per contract, not member. So if we have a large gathering, only a total of 4 can go as long as at least one of us on the deed goes. I also heard that you can only go once per year but my guide couldn't verify.

If you have a reservation for a room that has more guests you can get it for them too. So, if you had a 2 bedroom with 8, you’d get 8 as long as everyone is on the reservation within the timeline that is required.

 

[HappyDisneyWife]

They told me know, but please let us know if it works!

It was a hard no (to buy RIV in combo with VGF, even using only the lesser discount). In order to qualify for incentives, they must be the same offer on each property. Sad, but expected.

 

[SleeplessInTO]

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!

So, everything but the kitchen(ette) sink?

 

[M:SpilotISTC12]

Going to probably add 85 points direct in the next day or so. Do I need title insurance if I'm buying direct? Seems a bit silly to get it if I'm getting right from DVC. Any reason to get it?

 

[tidefan]

Going to probably add 85 points direct in the next day or so. Do I need title insurance if I'm buying direct? Seems a bit silly to get it if I'm getting right from DVC. Any reason to get it?

Ah, the good ole days when closing costs were eaten by DVC. We didn’t have to worry about things like this…

To answer your question, though, not sure why you’d need it direct from DVC…

 

[Cyberc1978]

Going to probably add 85 points direct in the next day or so. Do I need title insurance if I'm buying direct? Seems a bit silly to get it if I'm getting right from DVC. Any reason to get it?

I didn’t get the title insurance. For a 50 points contract I paid $91 in closing costs plus the dreadful document fee of $250.

 

[M:SpilotISTC12]

I didn’t get the title insurance. For a 50 points contract I paid $91 in closing costs plus the dreadful document fee of $250.

Wow only $91!? For 85 points they are telling me it's $333 for closing and $250 doc fee.

 

[DKZB]

Wow only $91!? For 85 points they are telling me it's $333 for closing and $250 doc fee.

I can't imagine it is $333 + Doc Fee without title insurance

Here are the prices I just paid on VGF2 Closing
50 point contracts were $91.30 + Doc Fee
75 point contract was $127.70 + Doc Fee
125 point contract was $199.80 + Doc Fee

 

[DKZB]

First, let me say, it stinks that New Members are looking at much higher prices to buy into VGF2. If I were a new member, I would probably be pissed.

That said, I had a small concern that the LOW initial price would have a meaningful long term impact in resale prices. Before this offer, I owned 700+ points all resale with 220 at VGF. I didn't want to own Aulani, I wouldn't buy into the RIV resale restrictions and Sold Out prices were crazy. With the initial VGF2 incentives, i couldn't pass up the opportunity to buy 300 direct points for $179/point. It seems that may others thought that way also.

Now that the incentives have been reduced, ESPECIALLY for new members, I think we are likely to see resale prices return to the $170s and $180s which is good long term for all owners. Cynically, I am sort of happy they reduced the incentives as much as they did even though I feel terrible for New Members who were waiting to buy.

 

[plenihan07]

First, let me say, it stinks that New Members are looking at much higher prices to buy into VGF2. If I were a new member, I would probably be pissed.

That said, I had a small concern that the LOW initial price would have a meaningful long term impact in resale prices. Before this offer, I owned 700+ points all resale with 220 at VGF. I didn't want to own Aulani, I wouldn't buy into the RIV resale restrictions and Sold Out prices were crazy. With the initial VGF2 incentives, i couldn't pass up the opportunity to buy 300 direct points for $179/point. It seems that may others thought that way also.

Now that the incentives have been reduced, ESPECIALLY for new members, I think we are likely to see resale prices return to the $170s and $180s which is good long term for all owners. Cynically, I am sort of happy they reduced the incentives as much as they did even though I feel terrible for New Members who were waiting to buy.

As a new member who had been waiting to buy in, I can say it’s disappointing that the incentives were lower than expected, but it seems to be in line with the RIV pricing difference. For members, looks like both RIV and VGF are now $8-$9 cheaper at least at the 200/250 point prices. I believe the incentives were cut for Members (which I assume then flowed to non-Members) based on what had been previously published. Instead of $17 off at 200, it’s only $12 for members for example.

That being said we happily signed up yesterday for 250 at VGF, after having been considering for about 2.5 years. We couldn’t be more excited, especially with our first kid on the way.

 

[hglenn]

First, let me say, it stinks that New Members are looking at much higher prices to buy into VGF2. If I were a new member, I would probably be pissed.

That said, I had a small concern that the LOW initial price would have a meaningful long term impact in resale prices. Before this offer, I owned 700+ points all resale with 220 at VGF. I didn't want to own Aulani, I wouldn't buy into the RIV resale restrictions and Sold Out prices were crazy. With the initial VGF2 incentives, i couldn't pass up the opportunity to buy 300 direct points for $179/point. It seems that may others thought that way also.

Now that the incentives have been reduced, ESPECIALLY for new members, I think we are likely to see resale prices return to the $170s and $180s which is good long term for all owners. Cynically, I am sort of happy they reduced the incentives as much as they did even though I feel terrible for New Members who were waiting to buy.

As a new member who had hopes of buying into VGF2, I agree with you. At the end of the day, though, the way Disney controls resale is what keeps the value in the program - which is a huge differentiator in this program over other time shares and, for me, what makes it even appealing at all.....