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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 stretch611 on Monday January 10, @11:15PM (1 child)

    by stretch611 (6199) Subscriber Badge on Monday January 10, @11:15PM (#1211642)

    What's the penalty to seller for non-compliance with the contract?

    Just cancel the warranty.

    It might be somewhat legal to do as well... Imagine just giving a 90 day parts only warranty for each sale. Then give a perk to the first owner a 5 years/60,000 miles warranty that is not transferable. Believe me doing that will likely make up for all the money the dealer is not making and seriously dent the ability to "scalp" the pickup. Car repairs can be quite expensive, especially on high end models; not having a warranty on a new car will stop many people from even considering it.

    For the record, I have something similar on my car... It had a 5 year/50,000 mile warranty that was transferable to latter owners... But, as a perk to buy dealer stock my car has a lifetime powertrain warranty from the manufacturer that is not transferable to later owners. Knowing how expensive engine/transmission problems can be I found this to be quite a valuable perk. (I have owned it now for 12 years and the powertrain warranty is still in effect.)

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  • (Score: 2) by MostCynical on Tuesday January 11, @03:57AM

    by MostCynical (2589) on Tuesday January 11, @03:57AM (#1211697) Journal

    non-transferable vehicle warranties are not legal in some countries.. there is an expectation that the vehicle be fit-for-purpose for a reasonable amount of time (barring accidents and incompetence), regardless of the number of owners..

    it is one of the reasons hire car companies sell a few months before warranty runs out..

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