VGF1 Resale Prices

[DKZB]

I agree, but from what little Inknow they cant raise the point per night on the same cat without lowering somewhere else. But they can make a new cat, and set whatever poiny total they want. This could be studio light, but almost be same points as reg studios.

Does any one know how this works? Can they add 2mm new points and then change the entire point structure meaning making 1br and 2br more expensive and making NEW studios a little less?

 

[Sandisw]

Does any one know how this works? Can they add 2mm new points and then change the entire point structure meaning making 1br and 2br more expensive and making NEW studios a little less?

There are two different schools of thoughts in that. Some say yes and some say no. They did it with SSR when the treehouses were added.

Once they are added and it’s the same condo association, and it’s one points chart, I think the total chart just has to balance.

Since it’s going for sale and opening on 2022, the 2023 charts coming out in the next month or so should give us an idea of what will happen as it should include those rooms.

 

[DaveNan]

Does any one know how this works? Can they add 2mm new points and then change the entire point structure meaning making 1br and 2br more expensive and making NEW studios a little less?

This one is open for debate..... Disney has done a couple of things over the years around this. So it is "kinda maybe"
1. The added the THV to SSR at the "same" point chart as 2BR in SSR. The later they upped the ppn at THV and lowered the ppn for SSR 2BR. Some folks felt like they bought to stay in the THV when they added points and then were wronged when the ppn went up.
2. They did the great lock off premium of 2020 scam. Since most 1BR are not dedicated, raising the ppn of 1BR does not impact the total points to book all the nights. While Disney backed off this increase, they still claim they had the right to, they just reversed the decision due to "poor communication" to the members.

In the end, while this change may impact your ppn or availability of 1BR and 2BR, if the overall points to stay in the deeded/declared villa does not change, Disney believes they are within the POS.

 

[DKZB]

This one is open for debate..... Disney has done a couple of things over the years around this. So it is "kinda maybe"
1. The added the THV to SSR at the "same" point chart as 2BR in SSR. The later they upped the ppn at THV and lowered the ppn for SSR 2BR. Some folks felt like they bought to stay in the THV when they added points and then were wronged when the ppn went up.
2. They did the great lock off premium of 2020 scam. Since most 1BR are not dedicated, raising the ppn of 1BR does not impact the total points to book all the nights. While Disney backed off this increase, they still claim they had the right to, they just reversed the decision due to "poor communication" to the members.

In the end, while this change may impact your ppn or availability of 1BR and 2BR, if the overall points to stay in the deeded/declared villa does not change, Disney believes they are within the POS.

I think there is a real possibility that 1br and 2 br become more expensive. With only 147 rooms (pre-renovation) either the larger rooms will get MUCH harder to book at 11months or they will get more expensive. I think that has to factor in to any decision to buy VGF1 resale before we know these new point charts.

 

[DaveNan]

I think there is a real possibility that 1br and 2 br become more expensive. With only 147 rooms (pre-renovation) either the larger rooms will get MUCH harder to book at 11months or they will get more expensive. I think that has to factor in to any decision to buy VGF1 resale before we know these new point charts.

The sad reality is the points charts could not change with the first release. And they in 3-5 years they could do a point reallocation (as they could do every year) and lower dedicated studio ppn and do an increase of dedicated 2BR to balance demand, particularly if 2BR get difficult to book. As long as the overall points do not change for declared villa types, they will say the change is in the interest of the owners.

 

[DaveNan]

The sad reality is the points charts could not change with the first release. And they in 3-5 years they could do a point reallocation (as they could do every year) and lower dedicated studio ppn and do an increase of dedicated 2BR to balance demand, particularly if 2BR get difficult to book. As long as the overall points do not change for declared villa types, they will say the change is in the interest of the owners.

To add..... This is exactly what they did with the THV at SSR. Since the availability shift is totally predictable/expected as it was at THV, the concern you have is totally founded. Unfortunately, the initial point charts will not be the "final" indicator. If your concerns become a reality at a future date if point charts are every adjusted, it will take numerous owners calling and making noise how this is not in their interests and against the POS. Both of which are open to legal debate and interpretation....

 

[DVCPAT]

You can figure out something like RIV based on what has been declared vs total at the resort.

But for others, no. That is not make public.

I didn’t think the data was public information. In turn, points are never “scarce” with resale and Disney able to buy back contracts at will. VGF2 will be promoted and sold as the flagship resort.

 

[BWV Dreamin]

I agree, but from what little Inknow they cant raise the point per night on the same cat without lowering somewhere else. But they can make a new cat, and set whatever poiny total they want. This could be studio light, but almost be same points as reg studios.

Well they could change the charts based on “view”. Theme park view, lake view, standard. I don’t see the same “ standard” or “lake”views points chart being the same for both the new studios and the original.

 

[Lorana]

1. The added the THV to SSR at the "same" point chart as 2BR in SSR. The later they upped the ppn at THV and lowered the ppn for SSR 2BR. Some folks felt like they bought to stay in the THV when they added points and then were wronged when the ppn went up.

Doesn’t the total number of points for a Villa type need to remain the same (except for normal calendar shifts)? If so how could they increase THV to lower 2BRs?

 

[Sandisw]

Doesn’t the total number of points for a Villa type need to remain the same (except for normal calendar shifts)? If so how could they increase THV to lower 2BRs?

They can’t sell more points than declare by unit. However, the contract is not specific in this regard since units can compose more than one room type.

The point charts simply reflects the total at the resort. There is even a max allocation chart for each resort that would remove all seasons if the wanted to get there.

Now, there are some who do question whether it is allowed. I believe it is within bounds but to be fair have not done an in-depth study of it all in relation to FL timeshare law.

 

[DKZB]

There will be so many studios that they won’t be that hard at 7 months and so few big rooms you will need to own and book right at 11 months because of 2 million new points. Do think that will decrease or increase the general desirability to own at VGF?

Right now, no ROFR is needed at VGF1 because it has its own market price. What about after these new studios?

 

[Sandisw]

There will be so many studios that they won’t be that hard at 7 months and so few big rooms you will need to own and book right at 11 months because of 2 million new points. Do think that will decrease or increase the general desirability to own at VGF?

Right now, no ROFR is needed at VGF1 because it has its own market price. What about after these new studios?

I think it’s going to make getting a studio at 7 months so much easier. And these are resort studios so two beds, with the couch not facing the TV and currently just a beverage cooler with no microwave. Not all will want them.

So, I think owning there will not be needed to the degree it has been for that size room. But, as you say, if you want a chance at 1 or 2 bedrooms? You best own points there!

 

[RoseGold]

The charts will make all the difference. If VGF2 is priced like BLT theme park, it will easy to get because it’s so expensive. That puts even more pressure on the cheaper VGF1 studios and makes them (and the lockoffs and the 1br) even harder to book, not an outcome I like at all.

 

[Sandisw]

The charts will make all the difference. If VGF2 is priced like BLT theme park, it will easy to get because it’s so expensive. That puts even more pressure on the cheaper VGF1 studios and makes them (and the lockoffs and the 1br) even harder to book, not an outcome I like at all.

It will be interesting to see if they delay the release of 2023 charts until January so they can include these new rooms and then announce price and sales starting date at the same time

 

[DVCsloth]

The more I think about it the more convinced I am that Disney should have made this a separate condo association. Hoping they do the right thing IMO and charge fewer points for the VGF2 Studios. I guess this will make the Studios easier to book in December though, but once it's sold out this may change.

 

[Sandisw]

The more I think about it the more convinced I am that Disney should have made this a separate condo association. Hoping they do the right thing IMO and charge fewer points for the VGF2 Studios. I guess this will make the Studios easier to book in December though, but once it's sold out this may change.

I do think many current VGF owners wish that too. And, just because it was announced that way, I wonder if it can be changed?

Have not kept up with what was legally filed. But we plan on adding on 75 points there direct next year for every other year Dec trip. And we will be hoping for 2 bedrooms for the 3 Niigata but if need be will take the new studios.

 

[DVCsloth]

I do think many current VGF owners wish that too. And, just because it was announced that way, I wonder if it can be changed?

Have not kept up with what was legally filed. But we plan on adding on 75 points there direct next year for every other year Dec trip. And we will be hoping for 2 bedrooms for the 3 Niigata but if need be will take the new studios.

We really love VGF and early December was our favorite. We added on at CCV so we like to alternate between the 2 resorts. We started going in September because the Studios were getting taken before 11 months and I didn't want to walk so we started doing 1BR and ended up doing mostly 1BR trips between the 2 resorts. Never had any issue with a 1BR as long as we book it close or right at 11 months. Now we are hoping that this doesn't become an issue. Good luck with your add on plan, we would like to do a small add on but will wait and see.

 

[Paul Stupin]

Everyone seems to be anticipating all these negative outcomes, assuming one and two bedrooms will be harder to book, as well as some studios, etc. etc. I don’t think the sky will be falling at all. We found it difficult to book one bedrooms at seven months, so we bought there, and now book at 11 months. We always get what we want, and I’m assuming that will continue. Fingers crossed the point chart for one bedrooms won’t get any higher, since it’s already in the upper stratosphere.

And it certainly seems like it won’t be too hard to get a studio! Another DVC building might even add a bit more shine to the whole resort too.

I wouldn’t buy any resale right now. I think those prices are due for a downward readjustment when VGF2 prices are announced, especially taking into account incentives for purchases for a higher number of points, which might be lower than some of the resale asking prices now.

 

[davidl81]

Everyone seems to be anticipating all these negative outcomes, assuming one and two bedrooms will be harder to book, as well as some studios, etc. etc. I don’t think the sky will be falling at all. We found it difficult to book one bedrooms at seven months, so we bought there, and now book at 11 months. We always get what we want, and I’m assuming that will continue. Fingers crossed the point chart for one bedrooms won’t get any higher, since it’s already in the upper stratosphere.

And it certainly seems like it won’t be too hard to get a studio! Another DVC building might even add a bit more shine to the whole resort too.

I wouldn’t buy any resale right now. I think those prices are due for a downward readjustment when VGF2 prices are announced, especially taking into account incentives for purchases for a higher number of points, which might be lower than some of the resale asking prices now.

While I think the “sky is falling” is a little over board on this board (and frankly it’s almost always overboard on any post lol), this will make 1-2BRs harder to book at VGF since by the fact that they are adding a significant amount of points to the system, but only adding studios. The only way 1-2BRs don’t get harder to book is if every single new point sold is just used for studios, which will not be the case. Ultimately the point chart for the 1-2BRs at VGF will still keep the demand down and you will still be able to book those within the 11 month window, but I doubt there will be much open at 7 months etc.
As for points needed for the new studios I think they will be virtually identical to the current studios. Most likely two room categories that match up with the current lake/standard view point charts. Very similar to Jambo and Kadani. Maybe they throw some club level rooms to VGF2, but that’s just a wild guess.

 

[nuhusky123]

While I think the “sky is falling” is a little over board on this board (and frankly it’s almost always overboard on any post lol), this will make 1-2BRs harder to book at VGF since by the fact that they are adding a significant amount of points to the system, but only adding studios. The only way 1-2BRs don’t get harder to book is if every single new point sold is just used for studios, which will not be the case. Ultimately the point chart for the 1-2BRs at VGF will still keep the demand down and you will still be able to book those within the 11 month window, but I doubt there will be much open at 7 months etc.
As for points needed for the new studios I think they will be virtually identical to the current studios. Most likely two room categories that match up with the current lake/standard view point charts. Very similar to Jambo and Kadani. Maybe they throw some club level rooms to VGF2, but that’s just a wild guess.

I think you are spot on

1 beds and above will be impossible at 7 months

points for new studios will be based on view. There will be 3 views
- standard
-lake
- magic kingdom

I’d expect standard to be slightly lower than current standard deluxe by exactly 1 point

lake view also 1 point less than studio deluxe lake view

magic kingdom view at least 1 point more Than deluxe lake view

my prediction