Ford Dealer Requiring Resale Right-of-First-Refusal From New Bronco Raptor Buyer

[ROCKO]

This is bs and to anyone being ok with this agreement you are what’s wrong with America.

Sponsored

 

[Bird Dog Off Road]

I think a 1 year deal is fair as long as they aren't selling it over MSRP in today's market. Dealerships get a lot of grief for ADMs, but then see buyers flipping them for large amounts which equals lost revenue. So I think this is a good thing for most in the long run. Keeps flippers in check and allows more people to buy a Bronco at a more affordable price.

You can't be against this and against ADMs. Can't have it both ways.

 

[swamp2]

This is a dealer thing and not Ford directly.

Exactly.

If this gets me/someone a vehicle I/they want for no ADM, which it seems it does, I'm all for it.

 

[Laminar]

Exactly, so where is the lose in this equation.

If you decide after 3 months or 6 months or whatever that you don't like it and you want to sell it and it's still worth $20k more than you paid, you're committed to selling it back to the dealership at MSRP so they can make the $20k instead of you.

 

[swamp2]

You can be against this and against ADMs. Can't have it both ways.

Can't??

 

[zrockin]

I am fine with what the dealer is doing for the most part, but would negotiate a time limit to the right of first refusal. Say 1 year maybe. If we could agree on the length of time for the right of first refusal, I would sign and save the $20k. If the guy who posted the info doesn't, he was probably gonna flip it anyways.

Ford has this type of agreement with purchasers of the Ford GT, but it's for at least a 2 year period. There was a lawsuit a few years back with an auction house over this.

 

[Stache12]

Right to/right of first refusal is simple to work around.
Nowhere does it state they dictate the selling price if/when you decide to resell.
If they want it, make it at a price that either suits you, or they will refuse.

Two can play the ADM game.

They simply state they will offer what you paid less taxes/fees.
If you want more than that, you are not obligated to sell it to them for less than your asking price.
Looks like they are implicitly refusing to pay more than what you bought it for less taxes/fees, so the letter itself is an out.

lol exactly what I was thinking, offer them first dibs at a ridiculous price. Then tell them to kick rocks.

 

[bajabronco57]

This place is full of barracks lawyers.

 

[302bronc]

BRAVO TO SEWELL...........If the Dealer is willing to sell you a vehicle for 20K below what the market demands... why should the Buyer be able to turn around and sell the vehicle and capture that 20K for themselves? I don't understand why it requires so much thought.............sign the form or pay the 20K.....................either way, something will happen that has never happened to you before...............this time next month you will have ZERO dollars in negative equity..........weather you pay 85 or 105.

 

[Bird Dog Off Road]

Can't??

Thanks for catching that.

 

[omi205]

I didnt have to sign anything like this. I can flip mine tomorrow if I wanted. But I love big blue. Picked it up from the dealer 3 weeks ago.

 

[wade65]

I saw the same thing when I was on the list to buy a Lightning. The only thing they need to add is a timeframe. If this helps keep the flippers away I am ok with it.

 

[josh1121]

Bought my WT from Sewell, after 925 days. They honored the 2021 pricing, without even having to discuss it. They are a pretty stand up organization from my perspective. We all know the market value, they are choosing this over gouging us with an ADM, I say good on them. I would not accept an open ended agreement, but let’s be honest, after year this used raptor won’t be worth more than he’s buying it for anyway.

 

[userdude]

Inter-party contracts generally have few limits (like signing yourself into slavery isn't allowed... generally), so you can freely sign away your right to sell your vehicle to who you bought it from, or even someone else, and you'd have to prove to a judge there was something wrong with the contract formation and not the contract stipulations (for instance, they literally held a gun to your head, and there's witnesses). In Texas at least, a handshake is an unbreakable contract.

Strong due process aside, I think generally in the hot seller's market some stipulations to cool it off are better than hell-you-say style "free markets". I would never (willingly) sign away all my rights to sell it in the future, and would try to have a lawyer at least review it first (if I was dead-set).

On the Chevy Corvette side, denying the next owner rights to a warranty is bizarre. I guess another way to go would be a (secret) credit-like score where all dealers refused to sell to you if you flipped it (software can be made that figures this out) and they could slow-walk any sales to those people to deter irrational second-party sales. Then you'd have straw buyers...

In other words, pick your poison. Generally most of it's legal unless you got well-connected lawyers and a budget to wear the dealer down.

On the other hand, STOP PAYING STUPID PRICES FOR STUFF.

 

[FatRat250]

A year ago I bought my Badlands SAS at sticker and no more. I wasn’t required to sign anything, nor would I have, even though I have no intention of selling it anytime soon. (I kept my last jeep 10 years). Some dealers like mine - Koch 33 Ford in Easton PA - do the right thing by their customers. I guess this one, and based on the comments, many others, do not.
I don’t know if the enforceability of this or not. I’m guessing probably not so much. But who needs the headache. I would find another dealer. Besides what happens if you get this Bronco and decide that you want to upgrade or change the color or even I don’t like it after a month or two. I wouldn’t want to be restricted in my ability to buy and sell. This is America dammit - get your feet off my freedom.

Sponsored