There is one good underlying result of people not following through with their FE reservations. There won't be 7000 made. The more people drop out, the more exclusive the car gets. Unless Ford took more than 7000 reservations and there are still a bunch of us waiting to get whacked out their FE, Ford upping the quantity made again, or they will sell them to dealers after all the reservations are fulfilled. I bet it's option 3.The Navy Pier Interior will probably be the only thing that might stop me from buying a FE. I'm sure there are alot of folks like yourself that reserved a FE that will be switching to another model. But as much hype as the new bronco has received, I don't think Ford is going to have a problem moving out all 7000 FE units.
Agree, pretty sure they'll be sold to dealers. One of the dealers I talked to said they already have a waiting list on the FE's. I'm thinking any unclaimed FE reservation will be going to a dealer that already has a buyer for it. Really hoping Ford will give interior options on the FE. It would be crying shame to see that Blue interior on First Editions.There is one good underlying result of people not following through with their FE reservations. There won't be 7000 made. The more people drop out, the more exclusive the car gets. Unless Ford took more than 7000 reservations and there are still a bunch of us waiting to get whacked out their FE, Ford upping the quantity made again, or they will sell them to dealers after all the reservations are fulfilled. I bet it's option 3.
One way to handle this is for the bidder and seller to co-register the car at time of purchase. A reservation can’t be transferred, but there is nothing in the rules about a co-ownership at time of purchase as Spouses are expected to be co-registered owners at time of purchase. In addition, the bidder remains the original owner when the seller signs off of the title when received. This needs to be a cash purchase in order to make this work.I didn't read the comments past the first couple, but Im not sure why anyone thinks this is crazy.
I personally know someone who traded his reservation to buy a new Ford GT to his friend, a Porsche dealer, for a brand new Porsche 911.
This is just smaller figures. First Editions will be selling at Mecum auctions (and many others) all over the country for at least 10k-15k over what MSRP is for a while after the deliveries start.
So its not crazy for someone to buy that place in line nor is it crazy for the seller to think his reservation to buy something has some $$$ value.
Just a matter of agreeing on the dollar value.
Happens all the time with new, specialty vehicles being produced in very small numbers, Ferraris, Porsches, etc....
If the reservation cant be transferred, winning bidder just pays the full amount of car plus premium to reservation holder, he buys it, then transfers the car to the bidder. Multiple different ways to work that out. Minor details.
People underestimate how many really rich car nuts there are in this country.
Your definition of morally bankrupt makes me wonder what you do for a living man? Really hoping for a volunteer teacher at a inner city school during the day and working at a soup kitchen at night.Can you do it? Of course.
Will somebody value it enough to pay a premium? No doubt.
Are you morally bankrupt if you try to make money off someone just because you sat around in July on a Tuesday night in your BVDs and clicked buttons on the internet for the sole purpose of acquiring reservations for multiple FE vehicles you have zero intention of buying? Most likely.
Good point. I’m going to try thatThis! His dealer is probably very happy to let somebody else come in and buy his FE just to get the profit on it rather than him simply cancelling the reservation and the dealer missing out on the sale. He might even be kicking back some of that to the dealer.
I'm considering doing the same thing on my FE reservation except I'm giving it to a friend rather than selling it. I'm just trying to figure out which dealer I'm going to use to do this, and hopefully they can give me a deal on my base reservation in return for me letting them sell a $65k FE to somebody. I would imagine if you have an extra FE reservation there would be plenty of dealers willing to give you a deal on your other reservation if you let them take the FE into inventory and sell it for $10k over MSRP.
It's capitalism so don't hate the player.
I highly doubt Ford is going to doing anything if a Bronco reservation is sold or a 2021 Bronco is flipped. It's not like It's a GT Supercar that they hand select the buyer. I'm pretty sure in the first few months of release we'll see some new Broncos crossing the block at a few high end auctions and see a bunch bought and sold on ebay. This happens all the time on a new releases, limited editions, special editions and vehicles that are hard to get . Like it or not, agree or disagree this is a common practice in the car world. Some folks actually make a living flipping cars. There’s even books out on how to flip cars for profit.Ford could shut this down if they wanted. Really how many FE reservations were made to Bison Motor Company on 7/13/20? They should delete the reservation and refund his $100 for being shady.