Ford is going to try what Rolex won't...

[Guppydriver]

Check out the "No Sale Provision" in the memo Ford just sent out regarding their new EV pickup. I find this fascinating. I don't know how in the world this could be close to legally enforceable, but at least Ford is trying to do something before things get ridiculous.

Thoughts? This approach could shake things up in the watch world.

[rambo99]

car is a necessity, not like rolex which is a luxury item.

[TswaneNguni]

Fancy cars are not necessities ,basic cars are .

[2loaded]

Originally Posted by rambo99

car is a necessity, not like rolex which is a luxury item.

Automobiles are not a necessity, nor is it a right but a privilege to drive.

[dannyp]

Originally Posted by 2loaded

Automobiles are not a necessity, nor is it a right but a privilege to drive.

That’s simply not true I’m today’s world. Many people can’t do their jobs with public transportation alone.

Driving “privileges” are a different matter, as it is one of public safety.

[swiss_seth]

Originally Posted by 2loaded

Automobiles are not a necessity, nor is it a right but a privilege to drive.

dumb

[malba2366]

How could they possibly enforce this with watches…vehicles have to be registered so there are records. The best bet for Rolex is to instruct the ADs to hold the warranty cards for a year or two.

[OrangeSport]

Originally Posted by malba2366

How could they possibly enforce this with watches…vehicles have to be registered so there are records. The best bet for Rolex is to instruct the ADs to hold the warranty cards for a year or two.

Apparently they did but have stopped as some insurance companies had issues with it.. (coming from a re-seller who could now get BNIB watches more quickly)

[LouG]

Originally Posted by malba2366

.....The best bet for Rolex is to instruct the ADs to hold the warranty cards for a year or two.

I find this interesting. If Rolex were to hold onto the warranty card for a period of time post-purchase, would it reduce the market value? I honestly don't know how much a grey-market buyer values the warrantly. Similarly, if Ford were to merely state that their 3/36 factory is not transferrable, would that affect the secondary market ?

I for one would never spend money on a new vehicle without a factory warranty. Ford could simply let buyers do what they want with their newly purchased vehicle, yet state the factory warranty is not transferrable for a certain period of time.

[eugenetsang]

This wasn't Ford's first attempt in invoking the non resell contractual clause with potential buyers of their vehicles. The Ford GT was one of their most recent vehicles where buyers had to sign a contract that states the buyer agrees not to resell their car for the first 2 years of ownership.

If I remember correctly, Ford sorta lost the case. But still can go after future flippers. To prevent resales of the GT

[Guppydriver]

Again, as the OP, I'm not suggesting Rolex could or even should do this..

I just think it's a bold move by the manufacturer to preserve the integrity of the product line.

I personally think a new 80K EV pickup is just as much of a hot luxury item as a Rolex is. They got 200,000 deposits before the first one was ever built.

I also think having to sign some sort of provision like this could deter the amateur, casual flipper from trying to pick up an in demand ss model to immediately flip. The big guns though....of course not.

I just thought it was interesting, that's all

[Laszlo]

I had purchased a hard to get vehicle end of summer and they asked me to sign documents prior to sale that I would not export, flip etc… Had no issues signing it because I find that type of behavior demeaning and lowly. People who flip an AD purchased Rolex watch for a few thousand bucks are bottom feeders.

[rambo99]

Originally Posted by Laszlo

I had purchased a hard to get vehicle end of summer and they asked me to sign documents prior to sale that I would not export, flip etc… Had no issues signing it because I find that type of behavior demeaning and lowly. People who flip an AD purchased Rolex watch for a few thousand bucks are bottom feeders.

you do sound like a super rich, but i like it.

[RJRJRJ]

They've done this before with the newest Ford GT, and famously suing John Cena. The contact is in all likelihood unenforceable, but you can bet they'll never sell you any hot stuff again.

[Henrimontgomery]

You know there is a print screen function with windows ? Try snipping tool.

[Cigars&Watches]

Originally Posted by Henrimontgomery

You know there is a print screen function with windows ? Try snipping tool.

Lol

[Harry-57]

Have Ford run out of headed paper?

[Jpccarguy]

I believe Ferrari had a similar arrangement in the past with certain rare models. It was something like, you can't sell it in the first year or two, or you sell it back to the dealer. Now, I don't live in that socio-economic realm, but I'll bet there are TRF-er's who know the details.

I've offered to have dealers keep my Rolex warranty/papers/box as a good faith gesture that I'm not going to flip. Ask me how many references I've been able to acquire with that offer!

[GrantD]

Originally Posted by Jpccarguy

I believe Ferrari had a similar arrangement in the past with certain rare models. It was something like, you can't sell it in the first year or two, or you sell it back to the dealer. Now, I don't live in that socio-economic realm, but I'll bet there are TRF-er's who know the details.

I've offered to have dealers keep my Rolex warranty/papers/box as a good faith gesture that I'm not going to flip. Ask me how many references I've been able to acquire with that offer!

A friend has a similar situation with Porsche, he gets the latest models, keeps the mileage low and trades back for a newer model with cash every 2 years. The dealer then sells on to buyers at a premium.

[Token74]

Originally Posted by GrantD

A friend has a similar situation with Porsche, he gets the latest models, keeps the mileage low and trades back for a newer model with cash every 2 years. The dealer then sells on to buyers at a premium.

The very best way to keep all parties happy.


Sent from my iPhone using Tapatalk

[samuel019]

Originally Posted by Guppydriver

Check out the "No Sale Provision" in the memo Ford just sent out regarding their new EV pickup. I find this fascinating. I don't know how in the world this could be close to legally enforceable, but at least Ford is trying to do something before things get ridiculous.

Thoughts? This approach could shake things up in the watch world.

Had 15 plus years as a Director reading FMCD/RouteOne posts. Love it. Great memories

But as to the question. Good for FMC. I see nothing wrong with FMC making customers hold on to vehicles such as this for at least a year. No different then when purchasing thru a/d/z plan if I recall. If sold prior than a year dealer could have to repay back the a/d/z plan commissions. Which depending on the vehicle is thousands. Plus if you add Lincoln and commitment money etc. Again if I remember correctly. Been a few years

Originally Posted by Harry-57

Have Ford run out of headed paper?

Its a screen shot Harry

[Harry-57]

Originally Posted by samuel019

Its a screen shot Harry

I guess that explains the lack of branding. Or anything else that supports its authenticity. Even the .ico graphic is generic. Stealthy.

[brandrea]

Originally Posted by Harry-57

I guess that explains the lack of branding. Or anything else that supports its authenticity. Even the .ico graphic is generic. Stealthy.

Kind of where my mind goes as well

[paxjedi]

I put a deposit for two TESLA CYBERTRUCKS.
Got an email confirmation.

I will flip one for double the price.
The second one I will keep but will flip it for double if the demand is high.

[JSCP]

The whole thing is totally out of control, Watches, cars, Birkin…. It’s your watch and you should do what you want to. However, there are professional flippers and those the AD’s can tell.

Real collectors sell their new watches when they get tired of them, or don’t wear as much as they thought they would, or to get a newer model, or need fast cash for emergency, etc. if there’s a lot of profit because hype to have a popular
model, and now hype to just have a Rolex

[GradyPhilpott]

Originally Posted by JSCP

Real collectors sell their new watches when they get tired of them...

I don't consider that to be collecting, much less "real" collecting.

[Kevin of Larchmont]

Originally Posted by JSCP

Real collectors sell their new watches when they get tired of them,

This sounds exactly like the opposite of collecting.

[Mystro]

Meh,…it’s a Ford and I am not a fan of the company at all for many many reasons.

[Onzeroad]

First post.

It's not only Ford. I bought a 2019 RangeRoverSport for my wife a couple of years ago. The dealer wanted me to sign a document saying that I won't flip the vehicle within a year. Since it was never my intention, I was offended and said I wouldn't sign. And as I was paying cash, they either take my word or I walk. They reneged and sold me the vehicle without my signing.

The vehicle goes well with my Explorer I.

And we still have the vehicle almost 3 years later.....

[Kevin of Larchmont]

Originally Posted by Onzeroad

First post.

It's not only Ford. I bought a 2019 RangeRoverSport for my wife a couple of years ago. The dealer wanted me to sign a document saying that I won't flip the vehicle within a year. Since it was never my intention, I was offended and said I wouldn't sign. And as I was paying cash, they either take my word or I walk. They reneged and sold me the vehicle without my signing.

The vehicle goes well with my Explorer I.

And we still have the vehicle almost 3 years later.....

Welcome to the forum.