VGF1 resale now or wait for VGF2?

[DVCsloth]

Clearly it will have a positive impact on studio availability, but to an extent hurt 1BR availability. I will say (as someone who is a fan of 1BR) that the biggest reason we have never stayed at VGF is the high point requirement for those 1BR. Often times at 7 months we basically have to decide between a 1BR at BWV, spending 100 points more to get a 1BR at VGF, or just get a VGF studio. My point being that hopefully for you the vast majority of these new buyers are buying points for studio use and the jump in points needed for a 1BR keep them away from those rooms.

My other home is CCV, we like to split between there and VGF. Usually start out the week in a studio at CCV and move to a 1BR at VGF. May end up doing it in reverse. Both of these resorts can be difficult to get a studio during busy DVC times. Glad I have points at both and not just VGF!

 

[Bobby2443]

I own 800 points at VGF and if I was looking to buy more I would be hunting for a stripped contract at a better price now, unless you want the direct from Disney perks. The US is more back to normal but other countries still aren’t traveling like they used to, but once they are I think demand for Disney will only continue to increase and prices will go up. Nobody has a crystal ball but if you see a good price on a stripped contract now I would take it.

 

[davidl81]

I own 800 points at VGF and if I was looking to buy more I would be hunting for a stripped contract at a better price now, unless you want the direct from Disney perks. The US is more back to normal but other countries still aren’t traveling like they used to, but once they are I think demand for Disney will only continue to increase and prices will go up. Nobody has a crystal ball but if you see a good price on a stripped contract now I would take it.

It seems like stripped contracts are really never cheap enough to offset the value in the points that are lost. For whatever reason the market still values those contracts pretty close to what loaded contracts are which makes no sense to me.

 

[Paul Stupin]

I own 800 points at VGF and if I was looking to buy more I would be hunting for a stripped contract at a better price now, unless you want the direct from Disney perks. The US is more back to normal but other countries still aren’t traveling like they used to, but once they are I think demand for Disney will only continue to increase and prices will go up. Nobody has a crystal ball but if you see a good price on a stripped contract now I would take it.

The problem is, I don’t think there’s a good price on any resale VGF contract out there! The inventory is very low, and prices are heading over $200 pp. There’s a possibility that direct, unrestricted points for VGF2, when they go on sale, won’t cost much more, and could potentially cost less. And of course that would be without the extended time frame and hassle of buying resale.

 

[kandlsutton]

The problem is, I don’t think there’s a good price on any resale VGF contract out there! The inventory is very low, and prices are heading over $200 pp. There’s a possibility that direct, unrestricted points for VGF2, when they go on sale, won’t cost much more, and could potentially cost less. And of course that would be without the extended time frame and hassle of buying resale.

I would not buy VGF1 resale at over $200pp now. At that price point, it’s better to wait and see what price VGF2 comes in at and what incentives, if any, are offered. I am only looking for a small add-on and doubt there would be incentives for less than 150 points, so I did offer on a small 55 point contract at $175. Some risk if VGF does come in around RIV price point, but still gain some savings over direct. My RIV contract gives me direct benefits and I’m not in a hurry for the points, so can wait out the resale process.

 

[Paul Stupin]

I would not buy VGF1 resale at over $200pp now. At that price point, it’s better to wait and see what price VGF2 comes in at and what incentives, if any, are offered. I am only looking for a small add-on and doubt there would be incentives for less than 150 points, so I did offer on a small 55 point contract at $175. Some risk if VGF does come in around RIV price point, but still gain some savings over direct. My RIV contract gives me direct benefits and I’m not in a hurry for the points, so can wait out the resale process.

For that price the 55 pointer was a good buy. Did you get the contract?

 

[kandlsutton]

For that price the 55 pointer was a good buy. Did you get the contract?

Yes, assuming Disney doesn’t take it in ROFR!

 

[Bobby2443]

I hear what you guys are saying. The market has changed in the last couple months because in February I bought a stripped contract at $165, now I see a couple similar contracts going in the $180’s … but even then I think buying in the $180’s now is a good value compared to what buying direct will cost.

 

[ottosmom]

Thanks to all who provided input. I decided to pull the trigger on a resale 150pt for $177/point. I think it’s a good buy. The only thing I’m struggling with is not having access to future resorts and Riviera with these points. And...it’s a different use year than my other contracts. Thinking the different use year will give me some added flexibility, given that I will most likely use these VGF points to travel in the fall.

 

[PsycProfPlum]

Thanks to all who provided input. I decided to pull the trigger on a resale 150pt for $177/point. I think it’s a good buy. The only thing I’m struggling with is not having access to future resorts and Riviera with these points. And...it’s a different use year than my other contracts. Thinking the different use year will give me some added flexibility, given that I will most likely use these VGF points to travel in the fall.

We decided to go ahead and make an offer now too on a 100 point contract at the same price you paid. We already have a blue card from a previous direct purchase, otherwise we would have waited. We also have other contracts that we can use for RIV and other future resorts, so that didn't factor in for us either. We weren't sure if the market would move up or down for resale VGF after the new expansion, but figured it is unlikely to be for sale at less than it is now buying VGF direct.

 

[Jelly563]

Its fun to speculate that if your $175 VGF contract is taken.... then, VGF2 price per point will be set above the last known amount of $255. If it gets thru, then maybe they will setting the price at a more reasonable amount.... makes sense ?

 

[we"reofftoneverland]

VGF2 will be at least $250 per point. I would buy now. Last fall I would have given you a different answer. But I now think it’s all up up up (inflation) for real estate. If you find vgf1 resale for $180, grab it. I’ve seen a few lately.

 

[Paul Stupin]

VGF2 will be at least $250 per point. I would buy now. Last fall I would have given you a different answer. But I now think it’s all up up up (inflation) for real estate. If you find vgf1 resale for $180, grab it. I’ve seen a few lately.

Why would it be priced so much higher than Riviera?

 

[BigDaddyLaBouff]

Curious what others are thinking. I WANT more points. I don’t NEED more points (yet) but I will in 3-5 years when bigger accommodations are needed for extended family visits. Direct and resale prices continue to rise. So buy now or wait and see?

Prices will only keep rising. Buy now and rent the extra points you dont need for the next two years. Then you will have the contract in place at a lower purchase price when needing extra points. But, if you don't have the excess cash now, definitely wait... dont buy now on credit.

 

[DianaMB333]

VGF2 would work as Kidani/Jambo? Meaning that you get to choose the building of the studios?
(Just curious because the new ones might solve the thin walls reviews of the current ones)

 

[Nabas]

VGF2 would work as Kidani/Jambo? Meaning that you get to choose the building of the studios?
(Just curious because the new ones might solve the thin walls reviews of the current ones)

Nothing has been announced.

One theory that several have suggested is that VGF1/VGF2 will work like Jambo/Kidani.

My guess is Disney will be tearing down to studs, which will give them an opportunity to address the sound proofing issue.

 

[Paul Stupin]

Curious what you guys might advise. Was planning on buying 300 VGF2 points direct when sales start, hoping that the purchase price will be around $225, but with incentives maybe $201-$210. Don’t need the points right away and am happy to wait. That said, I might be able to purchase a 200 point loaded contract for around $175 right now. In that case, I’d probably wind up buying 100 points direct several months from now for more money since the incentives will be less for a smaller point contract.

I like the idea of having 300 direct with no restrictions. But is the 200 pointer for $175 enough of a deal to jump on it anyway and then settle for less direct points down the line? I’m honestly not sure. It’s a bit less than the going resale rate now, but with the incentives on 300 points possibly lowering the direct price to $210, I’d be saving only about 7k. And then paying more for the 100 direct. Granted, $7,000 is nothing to scoff at, but in the grand scheme of things I’m not sure it’s worth it for restricted points.

Also, the resale price for VGF could potentially dip below $175 next year when direct sales start. But it’s not a bad deal now, when some resale contracts are being listed for over $200.

So, what do you guys think? Any thoughts and opinions would be much appreciated! Is the $175 pp contract a good enough deal? And if you don’t think it is, what price per point for VGF would make you consider buying right now vs. waiting for direct?

 

[kandlsutton]

We were in a similar dilemma and opted to bid on a small contract at $175. Still waiting on ROFR. We are only looking for a small contract though and assumed any incentives would be minimal. Since you are looking at 300pts, I would probably wait and see what the direct pricing and I would expect decent incentives.

But, you don’t have a lot to lose if you bid now and Disney may take it anyway. The flexibility to book anywhere with direct points is the biggest thing you would give up with resale.

With the spike in resale prices the last few months, $175 is the lowest I’ve seen listed recently. $195+ and I’d wait…

 

[Nabas]

Curious what you guys might advise. Was planning on buying 300 VGF2 points direct when sales start, hoping that the purchase price will be around $225, but with incentives maybe $201-$210. Don’t need the points right away and am happy to wait. That said, I might be able to purchase a 200 point loaded contract for around $175 right now. In that case, I’d probably wind up buying 100 points direct several months from now for more money since the incentives will be less for a smaller point contract.

I like the idea of having 300 direct with no restrictions. But is the 200 pointer for $175 enough of a deal to jump on it anyway and then settle for less direct points down the line? I’m honestly not sure. It’s a bit less than the going resale rate now, but with the incentives on 300 points possibly lowering the direct price to $210, I’d be saving only about 7k. And then paying more for the 100 direct. Granted, $7,000 is nothing to scoff at, but in the grand scheme of things I’m not sure it’s worth it for restricted points.

Also, the resale price for VGF could potentially dip below $175 next year when direct sales start. But it’s not a bad deal now, when some resale contracts are being listed for over $200.

So, what do you guys think? Any thoughts and opinions would be much appreciated! Is the $175 pp contract a good enough deal? And if you don’t think it is, what price per point for VGF would make you consider buying right now vs. waiting for direct?

Generalizing a bit, there are two camps on this thread. Those who think VGF2 will open at $255pp or higher, and those who think VGF2 will open $210-$235pp.

Either way, buying at $175pp is significantly less.

So the question is, what are you really sacrificing by buying resale?

Do you already have a Blue Card?

Do you plan to use these points to book at RIV or other future DVC resorts?

 

[Sandisw]

Curious what you guys might advise. Was planning on buying 300 VGF2 points direct when sales start, hoping that the purchase price will be around $225, but with incentives maybe $201-$210. Don’t need the points right away and am happy to wait. That said, I might be able to purchase a 200 point loaded contract for around $175 right now. In that case, I’d probably wind up buying 100 points direct several months from now for more money since the incentives will be less for a smaller point contract.

I like the idea of having 300 direct with no restrictions. But is the 200 pointer for $175 enough of a deal to jump on it anyway and then settle for less direct points down the line? I’m honestly not sure. It’s a bit less than the going resale rate now, but with the incentives on 300 points possibly lowering the direct price to $210, I’d be saving only about 7k. And then paying more for the 100 direct. Granted, $7,000 is nothing to scoff at, but in the grand scheme of things I’m not sure it’s worth it for restricted points.

Also, the resale price for VGF could potentially dip below $175 next year when direct sales start. But it’s not a bad deal now, when some resale contracts are being listed for over $200.

So, what do you guys think? Any thoughts and opinions would be much appreciated! Is the $175 pp contract a good enough deal? And if you don’t think it is, what price per point for VGF would make you consider buying right now vs. waiting for direct?

This is a tough one if you want the option to have all unrestricted points. But, if RIV is not your cup of tea or already have enough points to stay there when you think you want, then I’d go with the savings if VGF is where you want to own.

I think we will see prices for VGF in the $220s but that is with incentives. If you go with this deal, and still plan to add the 100 direct, you still have some unrestricted points.

I didn’t like having points I couldn’t use for RIV which is why I sold. But I have 675 that can be used all over which is why I did the RIV resale because I will have no trouble using those 125 yearly at the resort so it was worth saving the $6K for them.