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.
Tesla is making it harder and harder to dare buy an electric vehicle.
You can buy one, just don’t buy a Tesla
All the cool kids buying Leafs.
Hey look, freedom!
Freedom for scalpers! Yay!
This is, surprisingly, not that unusual for vehicles in high demand. It’s to prevent flipping.
GM does it on certain vehicles as well:
(the C8 Corvette Z06, GMC Hummer EV, and Cadillac Escalade-V if you want to know without clicking the link.)
Same with Ford F150 Lighting when it came out. Not sure if it still stands.
I’m no fan of flipping/scalping but the choice of the degradation of ownership is much worse. If they really own the car then they aught to be able to resell it.
Prediction; this will extend beyond just high end cars.
Like with other manufacturers with similar limitations, the limitation for resale is only for the first year. It literally is just to try and prevent people buying and flipping the car for a profit. If you don’t like the vehicle you can sell it back to Tesla outside the normal return window. Or wait a year and sell it to someone else.
The reduction in ownership rights is worse than scalpers. Not sure why you assume this is pure benevolence instead of companies making more money via their control of property you paid for.
The reduction in ownership rights is worse than scalpers.
I suppose it depends: would you like to at least have the item or be able to buy it only at a 3x price, if ever ?
Other high brand cars have even more stringent clauses (like, you cannot repaint the car in a certain color to not ridicule the brand). People are even perpetually banned from buying from the brand in some cases.Not sure why you assume this is pure benevolence instead of companies making more money via their control of property you paid for.
It is not benevolence, it is a try to solve a real problem that they think it could arise.
I think it is not in anyone’s best interests to lessen their ownerships rights to maybe save money. Their choice is also bad for me in that it shows companies they can to it too and could become the norm.
If a manufacture has a good reason to not sell to someone that would be fine but it is none of their business what colour I paint my car, or who I can resell it too.
If they wanted to solve the problem they could make more cars to meet demand (without the needless use of microchips, if that is still the bottleneck).
I think it is not in anyone’s best interests to lessen their ownerships rights to maybe save money. Their choice is also bad for me in that it shows companies they can to it too and could become the norm.
While yours are valid concerns, that type of restriction works only on specific items. I don’t see a car manufacturer pull the same stunt on a mass production car (or any other mass production item for the matter) because the problem this try to solve does not exist in the first place, maybe Tesla just think (true or false that it can be or based on the data they have) that the Cybertruck will be some sort of “status symbol” which would attract scalpers or the like of them.
In the end this is a battle Musk cannot win: he will be damned if he do (to ban resell in the first year) and he will be damned if he don’t (and thus allowing scalpers). He can only choose why he will be damned so he choose a way that maybe is more friendly (or less enemy from your point of view) to the consumer.
If a manufacture has a good reason to not sell to someone that would be fine but it is none of their business what colour I paint my car, or who I can resell it too.
I can agree with you, but the fact that the manufacturer put these restrictions and people still buy their cars means that maybe it does not really matter to the buyers since having the car is much more important that being able to repaint it pink, in their view.
People often choose what isn’t in their best interests but that doesn’t invalidate the criticism. I am unsure if this should/could simple be illegal but I will argue social stigma should be applied to people who don’t care about themselves or others.
My concern is companies will do it anyway for their own gain, regardless of if it was actually a cure to the issue of scalping, because users will let them.
Musk’s has enough variety of questionable choices but I’ll damn him here for needlessly making low supply, the cause of scalping in the first place.
Only for the first year is bs. I bought an object, I own it and I decide when to put it on sale for whatever reason I want, because you know, I own it.
If Tesla doesn’t like that they can stop selling vehicles to the public. Or they can come up with something creative like renting them, or only selling one of this trucks to someone who has proven to be a fan boy and have already brought 1 or 2 Tesla’s before
Or… Get this… You can just not buy the fucking car if you don’t like the terms. You’re not forced to buy a Cybertruck at launch.
Once production increases I’m sure this restriction will be removed just like most other vehicle resale restrictions from other manufacturers. Not all though, Ferrari has limitations even on things like paint color and wraps, Deadmau5 completely got rid of his wrapped Purrari because of that bullshit once Ferrari started trying to enforce it.
But none of you people will be in comments talking about the resale restrictions being removed once production is ramped, just complaining now about hypotheticals for a vehicle you never intend on purchasing to begin with because you either don’t like Tesla or Musk specifically.
Problem is, the more manufacturers pull this kind of shit the more it becomes normal. At some point your entry level yaris has some kind of stupid rules like this and maybe it spills over other industries too. Again, how about we stick to my property is my property and I decide what to do with it, the way it should be.
It’s to prevent flipping scalping
Somehow I get this weird feeling that the cybertruck will flip all on its own. ;)
Shame though. Would absolutely love to see a guy with a garage full of these things because he couldn’t find enough crypto bros to gouge.
GM wasn’t harsh enough IMHO. They should have black listed people who immediately flipped base C8s for significantly more than MSRP. Base C8s (not Z51) going for over 100k, with miles on them, was fucking ridiculous.
I’ll say it now: car dealers are useless dinosaurs and there is no point to having them anymore. I don’t need a dealer to tell me what options I want on my car. I can select those on a webpage after I’ve reviewed the available options. I need a place to take my car for service if it’s a factory failure / warranty work. I can do the rest myself or pay another focused professional to do the work.
I really like your second paragraph!
Real estate and Ticketmaster: “Fuck yeah, flip that shit and inflate our markets to insanity!”
Auto industry: “Fuck you, we do the inflating around here. Pay me!”
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This is odd for us but Ferrari has similar contracts.
People may remember how Deadmau5 had to give up on his “Purrari”. He was threatened with a lawsuit by Ferrari who was unhappy with his Nyan cat livery and colors. And this is not a one-off, Ferrari won’t let you paint it in non-Ferrari colors and I believe they have restrictions on who you resell it to.
Deadmau5 replaced the car with a Japanese sports car that was happy for the marketing opportunity.
I thought deamau5 git a couple McLarens after that.
How can that shit conceivably hold up in court? What’s mine is mine.
I bet someone determined could fight it but it would cost, and take time, and good luck getting your expensive, maintenance-heavy car serviced during and after the whole ordeal.
Louis Rossmann has entered the chat
Oh yeah, I’m by no means advocating to get a Ferrari. 🤣
Those cars are garbage.
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.
That vehicle looks like its trying too hard to be futuristic.
It’s like an extremely high resolution… Of what it would have looked like in a PS1 game. This looks like this is an asset from like Deus Ex on PlayStation.
Even cars in psx games looked like normal cars. This is like that one snes 3d racing game.
It’s not cool enough to be S.T.U.N. Runner. It’s more along the lines of Atari’s 1980 vector hit, Battlezone, which was later edited into a training sim for the US Army’s Bradley Fighting Vehicle.
There wasn’t a SNES version of S.T.U.N. Runner, but hot damn that game was sick
Would look right at home in the original Starfox game.
It would be a really cool truck, and I think the looks wouldn’t be so bad, if it actually lived up to the promises.
Can’t look like trash, especially ironically, unless everything else is 200%. Same reason fashion models can dress up in trash but regular people can’t.
Can I set up an LLC and use that company to buy the car? Then, collapse the LLC, and sell the car at a giant markup to whoever’s dumb enough to buy it
I recently saw my first Tesla Semi and also Tesla Truck in the wild. The semi was pretty cool but the truck looked like a toy or a prop and was smaller than I expected.
is this even legal ?
Presumably, as a term of delivery, you’ll sign an agreement not to sell with 50K USD as the liquidated damages. So, yeah probably.
Hopefully it gets challenged.
Implying they produce enough to sell any at all, anyone is dumb enough to buy one, anyone if dumb enough to buy it off another dummy who bought one.
This is just Tesla stirring up a story, and trying to make it seem like anyone wants one of these monstrosities, and that they can make them.
What is this, a dog rescue?
I wonder how many people signed up for the intent of flipping and will now back out. 🤞
Jokes on them. I’d never buy one of these hilariously abhorrent piles of shit.
I used to think Teslas were cool. Now I just see the specter of Elon. Regardless, these look like a test for suckers.
I honestly would rather have a cyber truck than a generic F150. Fuck Musk though, so I’ll pass.
There’s a reason Ford sells so many F150s.
They’re great trucks.
They sell based on name recognition and history. Their father, grandfather, and great grandfather all bought a Ford so they will too. They have tens of decades of repair shops with experience, cheap third party parts replacements, and because many people just keep buying the same thing without ever doing any comparison or thinking about it.
This is great: I was so frustrated by lack of availability for XBox, from all the scalpers. Same with tickets to pretty much everything. Same with Raspberry Pi. Look at how the eEVs like the Hummer and Lightning were hurt by both dealers and scalpers making vehicles hard to get and excessively priced
