Tesla will sue you for $50,000 if you try to resell your Cybertruck in the first year::Tesla may agree to buy the truck back at the original price minus “$0.25/mile driven” and any damages and repairs.
I suppose only US buyers can be gutted that way
Nope, depending how you write the contract, you can do it even in EU, although probably you must write it as the now quite common offers in which you pay something for the first X years as if it was rented and then you can pay the rest or give back the car. Basically a rent with an option to buy the car at the end of the rent at a previously agreed price.
This way you obviously cannot resell the car before the X years passed since it is not legally yours.Yea, you are describing leasing, which is a totally different thing.
If you would try these shenanigans in a regular contract, your company would be a) sued to the ground b) don’t sell one car…
Yea, you are describing leasing, which is a totally different thing.
Legally speaking, no. Leasing and this type of contract (called “long term rent”) are differents things here were I live even if the end result looks very similar.
If you would try these shenanigans in a regular contract, your company would be a) sued to the ground b) don’t sell one car…
a) not sure about that.
b) I would not bet on that.
