961
Tesla will sue you for $50,000 if you try to resell your Cybertruck in the first year
(www.businessinsider.com)
this post was submitted on 12 Nov 2023
961 points (96.1% liked)
Technology
59207 readers
3599 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I suppose only US buyers can be gutted that way
Nope, depending how you write the contract, you can do it even in EU, although probably you must write it as the now quite common offers in which you pay something for the first X years as if it was rented and then you can pay the rest or give back the car. Basically a rent with an option to buy the car at the end of the rent at a previously agreed price.
This way you obviously cannot resell the car before the X years passed since it is not legally yours.
Yea, you are describing leasing, which is a totally different thing.
If you would try these shenanigans in a regular contract, your company would be a) sued to the ground b) don't sell one car...
Legally speaking, no. Leasing and this type of contract (called "long term rent") are differents things here were I live even if the end result looks very similar.
a) not sure about that.
b) I would not bet on that.