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posted by martyb on Monday January 10, @08:14PM   Printer-friendly
from the catch-me-if-you-can dept.

Ford dealers can ban F-150 Lightning customers from reselling trucks to discourage scalpers:

Ford is cracking down on anyone with mercenary intentions when it comes to buying an F-150 Lightning next year. In an effort to stop customers from quickly flipping their electric pickup truck for a hefty profit, Ford delivered a notice to dealerships issuing a new clause for soon-to-be owners. The note was posted on the F-150 Gen 14 forum on Friday. Should a dealer opt in, customers will be required to sign a "No-Sale" provision, banning them from reselling the truck within one year of ownership. The key here is, it's not required, Ford told Roadshow.

"Such a requirement is between a dealer and their customer," a spokesperson said. "It is up to the dealer to decide to use it and to consult with local laws in the state they operate should they choose to do so."

The clause reads, "Purchaser hereby agrees that it will not sell, offer to sell or otherwise transfer ownership interest in the Vehicle prior to the first anniversary of the date hereof. Purchaser further agrees that Seller may seek injunctive relief to prevent the transfer of title of the Vehicle or demand payment from Purchaser of all value received as consideration for the sale or transfer."

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  • (Score: 2) by loonycyborg on Monday January 10, @10:00PM (2 children)

    by loonycyborg (6905) on Monday January 10, @10:00PM (#1211621)

    Their service is the ability to trade money for time, you pay more but you don't have to be quick about getting it. If you're fine with waiting you can also just wait them out, if they make wrong choice about what to buy they'll have to sell it even cheaper than original price. Scalping issue is solely about either bleeding edge stuff for overpaying early adopters or or things of very temporary utility like concert tickets. In any case scalpers will end up losing money if demand isn't high enough.

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  • (Score: 0) by Anonymous Coward on Tuesday January 11, @04:20AM (1 child)

    by Anonymous Coward on Tuesday January 11, @04:20AM (#1211702)

    What's a reasonable amount of time to wait? I've been waiting about 2 years now for a PS5 to be close to the MSRP. Nintendo OLED Switches? Graphics cards?

    • (Score: 1) by khallow on Tuesday January 11, @03:36PM

      by khallow (3766) Subscriber Badge on Tuesday January 11, @03:36PM (#1211782) Journal
      Actually, two years sounds good. You're probably just noob searching in the wrong places. Noobs getting exploited by bad search strategies is a different problem than scalping.