Sponsored

No Resale Provision is Back

HaulingAss

Well-known member
Joined
Oct 3, 2020
Threads
28
Messages
10,299
Reaction score
20,708
Location
Western Washington, USA
Vehicles
Cybertruck DM, 2010 F-150, 2018 Performance Model 3, 2024 Performance Model 3
Country flag
Lack of app control is a significant impediment to such an agreement. It would also enable you to track their location, spy on them with sentry mode, etc.

And if you ever angered them, they could rat you out to Tesla.

The whole thing seems problematic
That's a good point. It's the scalper who is taking almost all of the risk. The person who might purchase from a scalper is not breaching any contracts or breaking the law, so their only fallout is the very minimal risk that the sale could be invalidated, if a court ruled the scalper didn't have the legal right to sell it, however unlikely that may be.

As an investor I'm not afraid to enter into risky investments, but only if the potential payout is big enough to create a good risk/reward ratio. The "no re-sellers" clause creates enough risk that it greatly reduces the number of people who will try to profitably scalp. Most people don't need that kind of inconvenience and uncertainty in their lives. Without that clause, it's close to a no-brainer to take delivery and flip it for more.

This is a big win for sincere people who reserved themselves a Cybertruck and want it ASAP and without paying exorbitant markups to overly opportunistic scalpers.
Sponsored

 

freakyguy666

Banned
Well-known member
Banned
Joined
Jul 25, 2023
Threads
0
Messages
130
Reaction score
88
Location
USA
Vehicles
Model 3 x2, CT x2; PowerWall x4
Country flag
The need to generate some plan to overtly avoid suspicion is, at it's core, the very problem here. This is NOT in good faith.



You're clearly assuming lots while dancing around fine print ?
Wrong on both counts. What is wrong with purchasing the vehicle with the intent to keep it and then decide they would prefer to sell it after 12 months?

The only assumption I’m making is that the terms of the agreement are adhered to. If you don’t like them that’s your issue not mine…

Are you trying to find a way to sell a reservation here or just trying to make a point?
I’ve made my point: selling your CT after 12 months is perfectly fine.
 

tmeyer3

Well-known member
First Name
Trevor
Joined
Jun 27, 2021
Threads
31
Messages
2,036
Reaction score
3,614
Location
CA
Website
www.meyerwine.com
Vehicles
Model 3, '73 GMC truck, Wrangler, Tractors
Occupation
Computer Scientist, Vintner
Country flag
Wrong on both counts. What is wrong with purchasing the vehicle with the intent to keep it and then decide they would prefer to sell it after 12 months?

The only assumption I’m making is that the terms of the agreement are adhered to. If you don’t like them that’s your issue not mine…


I’ve made my point: selling your CT after 12 months is perfectly fine.
I agree! It sounded like you were trying to find a way to seudo-sell in breach of terms or something. My bad if I read in to that wrong!
 

freakyguy666

Banned
Well-known member
Banned
Joined
Jul 25, 2023
Threads
0
Messages
130
Reaction score
88
Location
USA
Vehicles
Model 3 x2, CT x2; PowerWall x4
Country flag
I agree! It sounded like you were trying to find a way to seudo-sell in breach of terms or something. My bad if I read in to that wrong!
Nope. I wasn’t trying to do any of that.

But since you brought it up…

if you bought your CT with the intent to keep it & then you loaned it out to someone and then sold it after the 12 month requisite period, I would argue there is virtually no risk in doing so…..
 

HaulingAss

Well-known member
Joined
Oct 3, 2020
Threads
28
Messages
10,299
Reaction score
20,708
Location
Western Washington, USA
Vehicles
Cybertruck DM, 2010 F-150, 2018 Performance Model 3, 2024 Performance Model 3
Country flag
Nope. I wasn’t trying to do any of that.

But since you brought it up…

if you bought your CT with the intent to keep it & then you loaned it out to someone and then sold it after the 12 month requisite period, I would argue there is virtually no risk in doing so…..
That's not even flipping. People loan cars to friends and friends don't drag friends over the coals for a profit when they sell it.
 


freakyguy666

Banned
Well-known member
Banned
Joined
Jul 25, 2023
Threads
0
Messages
130
Reaction score
88
Location
USA
Vehicles
Model 3 x2, CT x2; PowerWall x4
Country flag
That's not even flipping. People loan cars to friends and friends don't drag friends over the coals for a profit when they sell it.
if you make a profit on an asset by purchasing it lower than what you sell, by definition it is flipping for profit. Better to do it after 1 year to minimize capital gains taxes. ?
 

cvalue13

Well-known member
Joined
Aug 17, 2022
Threads
74
Messages
7,153
Reaction score
13,769
Location
Austin, TX
Vehicles
F150L
Occupation
Fun-employed
Country flag
Your original post did not qualify which scalpers—it was scalpers in general.
seems you just have a weird idea of the meaning of the word “scalper”


As to my original point….you have still failed to demonstrate what would trigger tesla to investigate a sale that occurs 12 months after original purchase.
I have “failed to demonstrate” that, because it’s irrelevant

it’s irrelevant because it’s a 12mo ROFR period - so sales after 12mo are irrelevant
 

Coolbreeze704

Well-known member
First Name
Bruce
Joined
Nov 23, 2019
Threads
15
Messages
1,418
Reaction score
3,774
Location
Troutman,NC
Vehicles
2022 Model Y, 23 Lightning, CyberTruck (someday)
Occupation
GM Manufactured Homes
Country flag
People who breach the terms of agreements (contracts) they sign are, by definition, not honest people. Because by signing the agreement, they agree to abide by all the provisions.

The law does not look favorably upon people who breach contracts. What do you think it means to sign something you have no intention of honoring?
There we go, not only in crayon but you stayed in the lines!

To C's point we know there will be situations though with illness, loss of job, or death that will put family's or individuals in a bad spot. I have to believe that Tesla will handle those situations with due consideration.
 

SlegMD

Well-known member
Joined
Apr 24, 2023
Threads
1
Messages
1,615
Reaction score
2,984
Location
Arizona
Vehicles
Lexus
Occupation
Medical
Country flag
My, what an amusing conversation. We need a specific designation of terms for the word “scapler” so that this convo can either continue or end ?.
 

Coolbreeze704

Well-known member
First Name
Bruce
Joined
Nov 23, 2019
Threads
15
Messages
1,418
Reaction score
3,774
Location
Troutman,NC
Vehicles
2022 Model Y, 23 Lightning, CyberTruck (someday)
Occupation
GM Manufactured Homes
Country flag
My, what an amusing conversation. We need a specific designation of terms for the word “scapler” so that this convo can either continue or end ?.
Tesla Cybertruck No Resale Provision is Back 1702215065428



 


 








Top