Guide says "VGF just sold out"

[take36]

I would love to own at both of those places, but we’re already up > 500 points this year so you’ll have to convince my husband.

Wait...you bought 500 pts this year or you have a total of 500 pts?

 

[HyperspaceMountainPilot]

Wait...you bought 500 pts this year or you have a total of 500 pts?

Yes.
We bought 200 direct with loaded incentives on a cruise. Then 125 VGF resale, then 101 BCV resale, then 150 VGF direct because the price was too good to turn down. 576 to be precise.

 

[HyperspaceMountainPilot]

Yes.
We bought 200 direct with loaded incentives on a cruise. Then 125 VGF resale, then 101 BCV resale, then 150 VGF direct because the price was too good to turn down. 576 to be precise.

Honestly, because we spread them out from Jan to Oct (and won’t finish paying Disney’s 30/60/90 spread until Dec) I’m just now doing the multiplication by our approximate average per point acquisition cost…the good news is that I figured out where all our money went.

I think we will probably sell our VGF resale in a year or two…but I’m also incredibly tempted to pick up PVB now and will if they go down much further.

 

[thelionqueen]

If they flipped a BC/YC building.. the amount of money they could charge..

Just take my money…nuff said

 

[DVC4]

For those interested, there is a wait list post announcement of selling out, and some waitlist are coming through.

 

[HyperspaceMountainPilot]

For those interested, there is a wait list post announcement of selling out, and some waitlist are coming through.

Does this explain the ROFR activity? Seems like a nice margin for Disney on the flip.

 

[DVC4]

Perhaps but I recall those prices of around 140 that were ROFR’d. I suspect as inventory comes through with ROFR, stabilization of the price with increased direct price over time as discussed.

 

[HyperspaceMountainPilot]

Perhaps but I recall those prices of around 140 that were ROFR’d. I suspect as inventory comes through with ROFR, stabilization of the price with increased direct price over time as discussed.

Yeah, my point was that as long as Disney has a waitlist of people happy to pay them over 200pt for VGF, it makes sense for them to keep ROFRing anything below $160…if the waitlist is people actually willing to pay $230, that ROFR price goes higher.

 

[LittleBitGoofy]

Well guess who found some extra points to sell us after all of that... Not sure if it was a sales tactic or what was going on, but our Guide called a few days after saying there were zero points available. Had to do a rewrite but got it worked out for another 40 pts.

Definitely had me doing some side eye but got the pts and now we're done with direct for the foreseeable time.

Update: Well, it wasn't a tactic. I was suspicious at first but my Guide was being truthful and her quick action to let me know got us our pts before VGF vanished. Phew!

 

[AstroBlasters]

Yeah, my point was that as long as Disney has a waitlist of people happy to pay them over 200pt for VGF, it makes sense for them to keep ROFRing anything below $160…if the waitlist is people actually willing to pay $230, that ROFR price goes higher.

True, but you would think they would ROFR VGC when it was going for $225-$240 earlier this year when they could sell it direct for $310pp….

 

[HyperspaceMountainPilot]

True, but you would think they would ROFR VGC when it was going for $225-$240 earlier this year when they could sell it direct for $310pp….

Yes, absolutely…but I also can see how they have more confidence they can sell a bit more VGF around $200/pt than that they can move much VGC at $300/pt?

Also, saying they have no VGC to sell has to at least marginally help them move VDH inventory, I think?

 

[KAT4DISNEY]

Well guess who found some extra points to sell us after all of that... Not sure if it was a crummy sales tactic or what was going on, but our Guide called a few days after saying there were zero points available. Had to do a rewrite but got it worked out for another 40 pts.

Definitely had me doing some side eye but got the pts and now we're done with direct for the foreseeable time.

What can happen is they need to review where they stand with available points in a single unit and also on contracts that have been sent but not yet signed. Eventually they call about those contracts but they tend to give approx a month before contacting people.

 

[AstroBlasters]

Yes, absolutely…but I also can see how they have more confidence they can sell a bit more VGF around $200/pt than that they can move much VGC at $300/pt?

Also, saying they have no VGC to sell has to at least marginally help them move VDH inventory, I think?

I can think of a lot of current owners who would add 50 points at $310pp, especially post refurb.

With regards to new sales, I think the reasoning would be to have a “step up” and a “step down” product price wise:

“We have Grand Cal, but it is $310pp whereas Disneyland Hotel is only $230pp with some incentives or you could go Aulani for $210pp but with some really nice incentives….”

 

[TinkAgainU]

Rather random question - if I own for example, 200 points at Boardwalk (resale) and add 50 points at Boardwalk (direct) - they require the same Use Year as an Add-On... If I go to sell later, am I selling a 250 point contract or can I sell the 200, and retain the 50? Not doing that, but curious how those "Add-On" points are handled.

 

[Sandisw]

Rather random question - if I own for example, 200 points at Boardwalk (resale) and add 50 points at Boardwalk (direct) - they require the same Use Year as an Add-On... If I go to sell later, am I selling a 250 point contract or can I sell the 200, and retain the 50? Not doing that, but curious how those "Add-On" points are handled.

When you add on, it’s to the membership, not the contract. Contracts can’t be changed as they are a deeded interest.

So, you are buying a new 50 point contract, and can later sell one or the other.

 

[kneely58]

Rather random question - if I own for example, 200 points at Boardwalk (resale) and add 50 points at Boardwalk (direct) - they require the same Use Year as an Add-On... If I go to sell later, am I selling a 250 point contract or can I sell the 200, and retain the 50? Not doing that, but curious how those "Add-On" points are handled.

Each contract would need to be sold individually. You can keep either of the 200 or the 50 pointers and just sell the other if you wish.

 

[LittleBitGoofy]

Just saw it pointed out in a FB group that VGF isn't even listed on the DVC site anymore (not even in the Add-On section where all the other resorts are still). Poof! I guess our Guide wasn't doing a head-fake with us, so that's good.

 

[grahf1234]

Just saw it pointed out in a FB group that VGF isn't even listed on the DVC site anymore (not even in the Add-On section where all the other resorts are still). Poof! I guess our Guide wasn't doing a head-fake with us, so that's good.

Feels unfair to actually succumb to FOMO during summer sales and buy 200, only to feel like I still somehow missed out...
This sold out stuff and the VGF ROFRing are definitely not helping

 

[PolyRob]

Feels unfair to actually succumb to FOMO during summer sales and buy 200, only to feel like I still somehow missed out...
This sold out stuff and the VGF ROFRing are definitely not helping

I calculate every resale contract listed in my UY and can't find something more enticing than VGF this summer direct! The minimal dues increase just makes it sting even more!

 

[TinkAgainU]

Feels unfair to actually succumb to FOMO during summer sales and buy 200, only to feel like I still somehow missed out...
This sold out stuff and the VGF ROFRing are definitely not helping

Never ever forget Disney is master of two things: Magical feelings (positive) and FOMO Marketing (negative). As long and you watch for both you'll be fine