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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."
(Score: 4, Informative) by VLM on Monday January 10 2022, @11:22PM (6 children)
A manufacturer of ham radio kits in Swiss land or maybe its Turkey, was bragging on his support forum last month that due to "the global chip shortage" he bought a two years supply of atmel parts rather than doing JIT. Totally wiped out the supply in his country of that specific chip. All gone, all in his garage now.
The thing about this is it locks up his capital to the level of "a new truck" for two years. So I get cheaper spectrum analyzer because he can't bid for it because he locked up his money. He can't release new products with the soon to be released STM32 products for 2023 model year because all his money and warehouse space is full of ArduinoShit from 2021. He might be successfully hoarding today, but tomorrow is a great day to be his competitor.
The other problem with hoarding is a Pi 4 or a atmel part from 2021 is not going to magically become a pi 7 or whatever in 2024 by the time it gets used. So the competitors of hoarders always have the better product. If some moron bought two years worth of 2022 F-150s, why would I pay full price for a used 2022 F-150 in 2024 when he's trying to unload them? Screw that I'll buy a brand new 2024 Toyota its two years newer and "better" He can't unload his hoard.
Hoards of gold and silver work for market manipulation. Hoards of rapidly depreciating cars trucks and chips, not so much.
Anyone want a limited edition 74LS00 or a LM741 chip? F no you say? OK then hoarding them wouldn't have worked out so well.
(Score: 2) by krishnoid on Tuesday January 11 2022, @02:18AM
Aye, technology truly be an evergreen, fickle mistress.
It's all in how you market it [smbc-comics.com].
(Score: 0) by Anonymous Coward on Tuesday January 11 2022, @03:55AM (4 children)
> A manufacturer of ham radio kits in Swiss land or maybe its Turkey
I think I can guess who...
But his entire market is Bourgeois Westerners, who have priority over everyone else for every resource on the planet (including the planet).
(Score: 1) by khallow on Tuesday January 11 2022, @05:49AM (3 children)
Everyone else would need those chips for what? At some point, surely that narrative gets old to you.
(Score: 0) by Anonymous Coward on Tuesday January 11 2022, @01:08PM (2 children)
You should re-read the part in the previous message about how a whole country's electronics nerds were screwed-over by single guy selling a trinket to Burgerlandians.
(Score: 1) by khallow on Tuesday January 11 2022, @01:47PM
(Score: 2) by VLM on Tuesday January 11 2022, @09:11PM
Whoa now its 2010 era ArduinoShit for older products using older chips, its not that big of a deal.
But yeah he did F over an entire country and bragged about it on his support forum. Nobody in that whole country can get cutting edge 2010 ArduinoShit.