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Title    Ford Dealers Can Ban F-150 Lightning Customers from Reselling Trucks to Discourage Scalpers
Date    Monday January 10, @08:14PM
Author    martyb
Topic   
from the catch-me-if-you-can dept.
https://soylentnews.org/article.pl?sid=22/01/10/0244259

upstart writes:

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."


Original Submission

Links

  1. "upstart" - https://soylentnews.org/~upstart/
  2. "Ford dealers can ban F-150 Lightning customers from reselling trucks to discourage scalpers" - https://www.cnet.com/roadshow/news/ford-f-150-lightning-customers-reselling-trucks-scalpers/
  3. "F-150 Lightning" - https://www.cnet.com/roadshow/news/ford-f150-lightning-msrp-revealed-build-and-price-configurator-live/
  4. "F-150 Gen 14 forum" - https://www.f150gen14.com/forum/threads/%E2%9A%A0%EF%B8%8F-ford-warns-dealers-against-additional-deposit-reservation-requirements-for-lightning-orders-supports-no-resale-provisions-in-purchase-contracts.7961/
  5. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=53247

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printed from SoylentNews, Ford Dealers Can Ban F-150 Lightning Customers from Reselling Trucks to Discourage Scalpers on 2022-05-25 03:02:57