Maverick Resale Restriction by Dealer

[JBryant]

I could see it partially. It could have been used to stop what has happened a lot. People who could afford 5 or 6, ordering them (possibly even dealer's relatives ordering to sell back to them), then going immediately to sell it for a hefty profit with 40-50 miles on it. If this were the case, it needed to be done from the get go and not now.

As far as the dealer trying to line their pockets, I have a major problem with that, and the other part is to force the buyer to walk away, then do a large ADM for themselves. That way, they profit either way.

Wjat happens when six months after purchase, the wife has twins and suddenly the Maverick is not big enough and has to be replaced with something bigger? Like the other poster, unless it is done across the board, I thing there is a legal problem.

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[MaverickMom]

I heard of no resale for 6 months if you are using the A/Z , D, or X plan. Both you and the sponsor of the pin if other than yourself can get "hand slapped".

 

[inthecabin]

Hey draw up a form saying if you walk then they pay you what they sell over MSRP. Ask them to sign if they don’t then sign their worthless documents and take delivery..

 

[RogueCheddar]

did a 3 year old write that date at the top?

 

[2020 GT500]

My friend picked up his '23 rolled over '22 Maverick today and was told he must sign a Resale Restrictions Form to get the truck he ordered. I didn't when I picked up my '22. Has anyone else experienced the same this year?

The restriction is he can't sell for a year, and if he does and gets over MSRP he must give that extra $$ back to the dealer. And he must give 30 days notice to the dealer if he decides to sell before the year is up, and the dealer has first right of refusal to purchase it.

I've heard of a similar restriction on popular vehicles, but not on the Maverick until now. I've attached a redacted copy of the document he had to sign.

Honestly, just buy the Maverick. chances are you will not sell it in less than a year anyway and even if you did they will not know about it.

 

[gte105u]

If they really wanted to it could be enforceable. But I doubt they would.

 

[Buyerfind]

My friend picked up his '23 rolled over '22 Maverick today and was told he must sign a Resale Restrictions Form to get the truck he ordered. I didn't when I picked up my '22. Has anyone else experienced the same this year?

The restriction is he can't sell for a year, and if he does and gets over MSRP he must give that extra $$ back to the dealer. And he must give 30 days notice to the dealer if he decides to sell before the year is up, and the dealer has first right of refusal to purchase it.

I've heard of a similar restriction on popular vehicles, but not on the Maverick until now. I've attached a redacted copy of the document he had to sign.

Is the dealer going to make half of the monthly payment for a year too?

 

[Tailender]

Sign it and let them get first crack at if you sell. Of course you'd want 10k over what you pay and when they say no, you're free to sell it to anyone.

 

[Johnkn]

And at the bottom of the first paragraph, where it states “Customer” have your friend write “Haywood Jablowme”

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[commadorebob]

I don't know about giving the difference back. They can certainly blacklist you from future sales. Many companies use that one to combat scalping.

 

[JP4AZ]

Sounds like a giant crock of S#%t to me. How could that be enforceable? Are they (The Dealer) going to participate in the loss, and pay you half of that balance If the economy took a dump and you were forced to sell? The only thing I can think of is a prepayment penalty on a Ford Loan? After you purchase the vehicle, The dealer has no say in what you do with it.

 

[gte105u]

Sounds like a giant crock of S#%t to me. How could that be enforceable? Are they (The Dealer) going to participate in the loss, and pay you half of that balance If the economy took a dump and you were forced to sell? The only thing I can think of is a prepayment penalty on a Ford Loan? After you purchase the vehicle, The dealer has no say in what you do with it.

If you sign this they potentially do have a say. It's a part of the sales contract. They could enforce it by suing. I imagine it's more about scare tactic than real action. Doubt any dealer is going to go after you for $2k from a flip. But that doesn't invalidate the agreement automatically.

 

[B. Maverick]

I'm a California lawyer, though this is not my area of practice. I do not believe this would be enforceable in California, which has fairly strong consumer protection laws. In addition, there is already a contract. They can't modify the contract by threatening you. The defense would be duress. It's basically abusive BS. Sign it and screw 'em. You're buying the truck, not the dealership.

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