Brando
Active Member
I really wonder what would happen IF we just let people freely do what ever they wanted to do ??? The chaos would be fun to watch.
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This is exactly the kind of case I joked about when Rivian decided not to increase the price for reservation holders.Just wonder how they’d enforce it. Talked to a new rivian owner this weekend. Had it about 3 months and is getting pressured by his family to sell it for $40k more than he paid. Don’t know if he’d really be able to get that.
Just wonder how they’d enforce it. Talked to a new rivian owner this weekend. Had it about 3 months and is getting pressured by his family to sell it for $40k more than he paid. Don’t know if he’d really be able to get that.
What post sale policies does Tesla have in place? I have an F150 order that should deliver mid-July and my sales contract has nothing in regarding the prohibition of resale.Maybe something else they are learning from Tesla.
The easiest way not to feel ripped off is not to buy if you feel you are getting ripped off.I think the core issue is not capitalism but that people don’t like a system that is not fair and above board. They also don’t like being ripped off, either in reality or in perception.
Rivian controls the costs. If they can't make a profit, they go bankrupt. Even Elon (talking with Silicon Valley Tesla Club) has pointed out that Rivian headed for Bankruptcy UNLESS they figure out how to actually make a profit. [cut current costs down]
It depends on how Tesla construes your short-term sale. This is your Tesla contract:What post sale policies does Tesla have in place? I have an F150 order that should deliver mid-July and my sales contract has nothing in regarding the prohibition of resale.
Tesla's provision only allows them to cancel your order, but Tesla has no recourse after you take delivery and the transaction is over. Ford however seems to want to have a clause that allows them to sue you if you try to sell the car within a year (similar to what they have already done in the past with the GT as pointed out upthread). I agree it's most likely on the final document when you take delivery (doesn't necessarily have to be on "order" agreement early on, which in some cases may not actually be binding; I've seen stories of people who lost their spots for MachE thinking they signed an order agreement, when it's not).It depends on how Tesla construes your short-term sale. This is your Tesla contract:
No Resellers; Discontinuation; Cancellation. Tesla and its affiliates sell cars directly to end-consumers, and we may unilaterally cancel any order that we believe has been made with a view toward resale of the Vehicle or that has otherwise been made in bad faith, and we’ll keep your Order Fee, Order Deposit and Transportation Fee.
Note the "we believe ..." part. As pointed out in these forums, Tesla has banned people from making future orders for selling their cars shortly after purchase.
Regarding how Ford plans on doing this, I don't think anyone knows. It may come in the delivery documents you sign at time of pickup.
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This is exactly the kind of case I joked about when Rivian decided not to increase the price for reservation holders.
That the market dictated the price of the vehicle, and if you can't afford a $100K truck then you can't afford it.
If you pay $75K for the truck you can count on your spouse figuring out its actually worth $100K+.
So all Rivian really did was gifted reservation holders with unrealized gains once they got the vehicle off a $1K reservation that was never meant to be an investment. Haha
Disclaimer: I'm a reservation holder who has no spouse, but I do have a part of me wondering if I should sell because $25K+ is a lot of money. I haven't taken delivery, but I should within 6 months.
I do expect profits to normalize a bit, but its still going to be pretty hefty.
Just wonder how they’d enforce it. Talked to a new rivian owner this weekend. Had it about 3 months and is getting pressured by his family to sell it for $40k more than he paid. Don’t know if he’d really be able to get that.
If you read the forums you will see that Tesla treats this vary seriously. People have been banned from purchasing future Tesla vehicles. Of course that is different than what Ford is doing, but in someways a potentially permanent ban may be worse. We won't know until we see what Ford's penalty for selling a vehicle is.Tesla's provision only allows them to cancel your order, but Tesla has no recourse after you take delivery and the transaction is over. Ford however seems to want to have a clause that allows them to sue you if you try to sell the car within a year (similar to what they have already done in the past with the GT as pointed out upthread). I agree it's most likely on the final document when you take delivery (doesn't necessarily have to be on "order" agreement early on, which in some cases may not actually be binding; I've seen stories of people who lost their spots for MachE thinking they signed an order agreement, when it's not).
Yes a TPMS recall shows a complete lack of quality and engineering.Ford issues safety compliance recall on F-150 Lightning, citing issue with tire pressure increasing risk of crash
Ford Motor Company has just issued its first safety recall on its all-electric F-150 Lightning pickup. According to the American...electrek.co
aha ouch that didnt take long.
I don't much care for scalpers either, but how do they stay in business?