The Blue Oval intends to impose a restriction to sell the 2022 Ford F-150 Lightning during the first year of ownership.
The 2022 Ford F-150 Lightning will not be allowed to sell for 1 year after its purchase, Ford Authority informs. In such a way the automaker wants to prevent the early selling of the model for profit. Ford did the same with the 2nd-gen Ford GT at one time: the model came with a 2-year no-sale provision.
Lately, the company has expressed concern about the way dealers are setting markups and forcing customers to make additional deposits or payments when ordering an F-150 Lightning.
The model is in high demand (around 200K reservations). A 2022 F-150 Lightning will be limitedly available – not for every reservation holder. Therefore, those who want to cash in will inevitably appear.
Thus, the Ford F-150 Lightning buyers will be offered to sign an agreement at the time of purchase. By putting his/her signature on that document, a purchaser agrees not to sell, offer to sell, or otherwise transfer any ownership interest in the vehicle prior to the first anniversary of the document’s date.
According to the provision, “the seller may seek injunctive relief to prevent the transfer of the title of the vehicle or demand payment from the purchaser of all value received as consideration for the sale or transfer.”
Let’s recall that US customers may qualify for federal ($7,500), state and utility tax incentives for owning a Ford F-150 Lightning. The estimated scheduled maintenance costs for the electric pickup are 40 plus percent less than the average scheduled maintenance costs for a gasoline-powered F-150 over 8 years/100,000 miles. The base price is $39,974.