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Ford Is Letting Dealers Decide if F-150 Lightning Owners Can Resell Their Trucks

3036 Views 8 Replies 7 Participants Last post by fyrdude, 11 mo ago

Super Duty

Discussion Starter · 11 mo ago

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Ford is going to be leaving it up to dealers to decide whether or not they let owners resell their Lightnings.

https://jalopnik.com/ford-is-letting-dealers-decide-if-f-150-lightning-owner-1849089131

Trucks are already showing up for resale, often with low miles. There’s one that’s currently on Cars & Bids, and a few more have shown up on Facebook “wholesale” groups. Dealers had to have foreseen this (or are already seeing it) and don’t like it. So they contacted Ford for more control.

A Ford rep confirmed to Carscoops that the company will let dealers decide on how to approach the resell situation: “Dealers requested language from us last year about having the ability to have customers hold on to their vehicle for one year from purchase. It is up to dealers to work through local state laws should they decide to implement something between the dealer and the customer.”

What this all means is that dealers are greedy. Most people cry “capitalism!” as if that makes things OK, but it’s all just sugar-coated greed. Dealers want to be the ones to get all the profit from you before anyone else. This also shows that not all dealers are implementing this policy. This all could get pretty messy with potential owners, though, as one F-150 Lightning owner/reservation holder put it: “To be clear I do not have plans to sell but after spending 80,000 dollars on a truck to be threatened with legal action if I decide to sell is BS.”

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RDale

· #8 · 11 mo ago

Super Duty said:
View attachment 3003

Ford is going to be leaving it up to dealers to decide whether or not they let owners resell their Lightnings.

https://jalopnik.com/ford-is-letting-dealers-decide-if-f-150-lightning-owner-1849089131

Trucks are already showing up for resale, often with low miles. There’s one that’s currently on Cars & Bids, and a few more have shown up on Facebook “wholesale” groups. Dealers had to have foreseen this (or are already seeing it) and don’t like it. So they contacted Ford for more control.

A Ford rep confirmed to Carscoops that the company will let dealers decide on how to approach the resell situation: “Dealers requested language from us last year about having the ability to have customers hold on to their vehicle for one year from purchase. It is up to dealers to work through local state laws should they decide to implement something between the dealer and the customer.”

What this all means is that dealers are greedy. Most people cry “capitalism!” as if that makes things OK, but it’s all just sugar-coated greed. Dealers want to be the ones to get all the profit from you before anyone else. This also shows that not all dealers are implementing this policy. This all could get pretty messy with potential owners, though, as one F-150 Lightning owner/reservation holder put it: “To be clear I do not have plans to sell but after spending 80,000 dollars on a truck to be threatened with legal action if I decide to sell is BS.”

Some more details about the wording of this no sale policy.

Ford F-150 Lightning buyers face a no-resale agreement - Autoblog

Another day, another story of dealers looking for ways to gouge as much money as possible out of Ford F-150 Lightning customers. Markups and price change sh

www.autoblog.com

Ford’s communication with dealers offered language to create the policy: “Purchaser hereby agrees that it will not sell, offer to sell, or otherwise transfer any 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 the title of the Vehicle or demand payment from Purchase of all value received as consideration for the sale or transfer.”

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Ford F-150 Lightning buyers face a no-resale agreement - Autoblog

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