Cybertruck sells for $244,000 at Manheim wholesale auction!

[Outdoors]

I have a new idea. If Tesla knows (for example, with this truck) that the Cybertruck has been flipped, if the new owner asks for service (and we know that the early Cybertrucks are experiencing some growing pains) Tesla could simply refuse to service a flipped truck. That might render it a very expensive paper weight. I'd prefer for Tesla to enforce its rule against flipping, but this kind of solution would make me happy.

Tesla did say they would go to some lengths to prevent a transaction. Not sure how one could do that in any state. The title is the ownership document. If Tesla is not co owner they can't legally prevent transfer. They could try to prevent such transfer via the current owner. Recourse ends at DMV title transfer for new owner.

If Tesla took action against the next person, or in this case Porsche Orlando. Good luck.

Edit add to original idea: There is no commerce clause here. This is contract law 101. No one forced anyone to enter into the contract. It is Tesla's conditions to sale. There aren't five henchmen in black jackets forcing you to continue through the entire process of purchasing this item.

You could go into the open market and try to purchase one without such conditions. It would likely cost more.

It is completely enforceable. So one can stand on a mountain top, or a high horse. Fight it. Be that person. I would say that fight if one decided to fight would end with a tail between legs moment.

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[Mattkalin]

All you have to do is notify Tesla that you are interested in selling they have the first option. They are going to tell you no, and then you will have permission to sell it.

This is exactly my plan… Take delivery in March and enjoy it for the summer then when I get used/bored with it. Ask Tesla to sell and Hopefully make my money back with a slight margin. Have fun all summer with the Hottest car on the planet then get paid to do it!

 

[Bamaboy007]

This is exactly my plan… Take delivery in March and enjoy it for the summer then when I get used/bored with it. Ask Tesla to sell and Hopefully make my money back with a slight margin. Have fun all summer with the Hottest car on the planet then get paid to do it!

The main thing for you will be getting rid of it before the regular versions come out because once they stop selling the foundation version the value on them will plummet

 

[Mattkalin]

The main thing for you will be getting rid of it before the regular versions come out because once they stop selling the foundation version the value on them will plummet

While I somewhat agree with your theory… The truth is that the waiting list is years long. I think any and all cybertrucks will hold there value until you are able to go from new order to delivery in 6 months or less.

 

[Bamaboy007]

While I somewhat agree with your theory… The truth is that the waiting list is years long. I think any and all cybertrucks will hold there value until you are able to go from new order to delivery in 6 months or less.

Yeah, that is very true and the foundation series does have value for those things because technically we don’t know yet a finite pricing on all the items that do help quantify the $20,000 adder it’s not like it’s strictly a $20,000 markup. We are getting stuff for that money.

 

[Cyber Man]

While I somewhat agree with your theory… The truth is that the waiting list is years long. I think any and all cybertrucks will hold there value until you are able to go from new order to delivery in 6 months or less.

100% agree! Initially I was thinking like everyone else - FS resale will plummet as soon as they stop making it. As you said, prices will drop only when anybody can buy CT within 5-6 months of ordering. I think we are still 6 years away from that happening! .

Now my concern is the opposite - what if CT prices go up after FS?

 

[REM]

English please ?

*says same thing, but with a powdery wig on*

 

[Bartman]

All you have to do is notify Tesla that you are interested in selling they have the first option. They are going to tell you no, and then you will have permission to sell it.

Not so simple....they will delay their response and make you wait..... delay, delay delay......

 

[Outdoors]

Now my concern is the opposite - what if CT prices go up after FS?

I see the option on the info screen of cybertruck: Trailer hitch. Not saying it is an option, but it does show as present. Take that for what you want to make from it.

Other thoughts not many:

Seating heat/cool
Screen in back
Tires/wheels
Interior trim to be more spartan.

Then the last one:

Demand lever. The FS could just be hey. Thanks for coming in early. Specs might improve slightly, but price never went down. Might help the FS owners a bit. The want factor might be kicking in at that point as seen more often.

 

[CyberTruckeeTheOne]

Can you at least attempt to be coherent, if you are trying to make a point here?

First off, this more properly falls under contract law, not under commercial law. It involves a purchase/sale agreement. Tesla makes it's clear that they are the retailer of their products to end user and they sell the products using a Purchase and Sale Agreement, AKA a contract.- Commercial law recognizes the right of a seller to attach conditions to a sale. Only if the buyer had no choice but to buy the product would those conditions be ruled improper. Contract law recognizes the right of consenting adults to enter into agreements, often they are far more complex than the simple "no re-sale" clause.

To claim that conditions cannot be placed on the sale of an item that extend beyond the date of sale is easy to disprove. So you are making zero sense here. You have to remember that Tesla owns the items they are selling, and can sell them with conditions attached. If this violated basic principles of "commercial law 101", then why do you think so many automakers (including Ford and GM) have "no-resale" clauses on their most special models?

You have been schooled on this before and yet you keep repeating the same nonsense. The "no-resale" clause is 100% legal and enforceable. That said, there are always ways around clauses like this (if the seller is willing to endure a lifetime blacklist by Tesla), but your average Joe isn't equipped to take on those kinds of risks. Thus the clause serves it's intended purpose of stopping every Tom, Dick and Jane from scalping Cybertrucks for some extra cash.

And the $244K is kind of meaningless in terms of "actual market value". Yes, that was the market value of that truck at that point in time. But that price would quickly drop if there 50 or 60 people putting their brand new Cybertrucks in the auction (or on the open market). In other words, the truck is only worth so much because Tesla's "no-resale" clause has been very effective at putting the lid on unrestrained scalping.

Tesla had a lot of forsight and wisdom when they put the "no-resale" clause in the purchase agreement.

For your complaint of the lack of coherence on my post, yoi seem to understand it enough to respond to it.

Yeah, just too many words with your penchant for argument and verbosity, but read on.court decisions are already out there established in supercars cases. My own son-in-law was able to flip his Lambo Aventador and two Ferraris by ignoring these provisions.

The only relief Tesla have is to blacklist the seller for which with that many other EV out their and with that kind of money he can just tell them, goodbye and you can go to hell!

Tesla can still sue but their own lawyers already know court precedents is not in their favor.

 

[Sjohnson20]

Who knows, market value is all demand driven. So we only can talk about the true market value as we speak now.

Tesla might bump the base price for another 20K without any add-on.

I'm wondering if that happens. The prices on the web site aren't final.

 

[intimidator]

More than double the price…..they will be selling beast around $90k by the end of the year.

IDK
If there are reservation holders like us still waiting for their CTs, I wouldn't count on the price coming way down over the next 9 months.

We will see. It will depend on how many Tesla can build...

 

[MInnesooooooota]

OK, here some the mass listings....

Now I wish I would have ordered my FS. I could use an extra 100K as inflation is hitting me hard.

 

[HaulingAss]

For your complaint of the lack of coherence on my post, yoi seem to understand it enough to respond to it.

Yeah, just too many words with your penchant for argument and verbosity, but read on.court decisions are already out there established in supercars cases. My own son-in-law was able to flip his Lambo Aventador and two Ferraris by ignoring these provisions.

The only relief Tesla have is to blacklist the seller for which with that many other EV out their and with that kind of money he can just tell them, goodbye and you can go to hell!

Tesla can still sue but their own lawyers already know court precedents is not in their favor.

You have failed to cite a single relevant court case supporting your claims, yet you keep claiming these court rulings exist. It's pretty hard to take you seriously when you refuse to provide a shred of evidence supporting your rather odd claims. I cannot prove that these court cases don't exist, because I cannot prove a negative. Therefore, it's up to you to actually cite these court precedents that you feel are relevant.

I will take you seriously if you can cite one case that has similar facts.

 

[LDRHAWKE]

One thing is for sure, it is great advertising and will not hurt the market value of the CT.

Also, I don’t agree with the theory that CT’s will be selling for 60 to 70 G by the end of the year. Tesla will be lucky to get production up to 200,000 in a year on one production line. . It would take a couple of years to build another production line. Based on simple supply and demand the CT will have a demand that exceeds supply for the next three or four years at least, and maybe longer.

This whole debate proves that.

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