JLR first 12 months, Cannot sell new car unless to JLR?

[mackay45]

Dan_1981 said:

knitware said:

RUSSELLM said:

OP… Was the JLR product purchased under the employee discount scheme ?

I know that carries the 12 month rule. Something to do with having to pay BIK, if you start buying and flipping them.

Hi, no discount at all, I'm just a walk in, well, I placed a deposit online.

That form annoyed me, if I own something, anything, I can do as I wish with it, sell, keep, give it away to whomever.

It annoyed me further as if you look on LR approved used they have Defenders on huge markups.

And as I understand it... you still can do any of those things.

The penalty of doing it is that the dealer can refuse to sell you another one.

Agree, this is a bit of a non-story really. You can do what you want with the car, it's yours after all. They just want a slice of the action so if you choose to flip the car, they want that sale too. If you sell within 12 months but not through them (and they find out) then you're off the Christmas card list.

[imagineifyeswill]

I don't know about all Land Rover models but the new Defender is in short supply and year old ones are selling on the used market for up to 20,000 more than they cost new.

Back in the seventies when there was a two year waiting list for a Rolls Royce, Rolls did the same it was legally written in to the buyers contract that if they wanted to sell within two years it had to be offered back to Rolls Royce, and they did take cases to court and win

[GetCarter]

And on this subject, a mate of mine runs a car company (no names, but yes, him) and not only does he write into the contract that they can't flip, but he REFUSES to sell to those he even suspects are buying to sell or hoard and sell down the line.

It gets him into all sorts of arguments and even legal battles, but they are his cars, who he sells to, and with what conditions are surely up to him, not anyone else. If they don't like the conditions they can...

I would quote him here, but I guess you'll guess.

[Trif]

knitware said:

Failure to comply with this request could result in Marshall Jaguar Land Rover refusing future vehicle sales to you'.

Ooo... I'm so scared. I'll just give my money to the many other JLR competitors...

[swisstoni]

GetCarter said:

swisstoni said:

Seems like the sound of pips squeeking.

How dare they try to introduce ‘manners’ on people who have bought something outright in good faith?

Yea but... just for a second, imagine you are in their situation. Selling new cars that will immediately be worth more, so anyone with a bunch of money will buy a shed load, and your business will go down the toilet.

I get the indignation, but these people are only trying to keep their biz alive. (OK and maximise profits)... as I say, what would YOU do? Be nice and lose loads of money?

I’m not happy if people lose jobs.

But they are traders. Usually they have control of the situation and don’t shed any tears when people lose out massively to depreciation. Now they are having to deal with appreciation.

Circumstances change.

[CoolHands]

GetCarter said:

, but they are his cars, who he sells to, and with what conditions are surely up to him, not anyone else. If they don't like the conditions they can...

That’s nice. But when the customer buys it, it is their car, just as it was his. Yet it’s not up to them (as it was for him) to do with what they like?

Perhaps you can see the double standards at play.

[GetCarter]

CoolHands said:

GetCarter said:

, but they are his cars, who he sells to, and with what conditions are surely up to him, not anyone else. If they don't like the conditions they can...

That’s nice. But when the customer buys it, it is their car, just as it was his. Yet it’s not up to them (as it was for him) to do with what they like?

Perhaps you can see the double standards at play.

Indeed, I get that, but if I sell you my music and say you can't use it to promote the Tory Party, then if you do, you are in breach of contract. If you have a problem with that, buy someone else's music ... (or car). Nobody is making you buy anything.

[Julian Thompson]

The ex Mrs Thompson recently took delivery of a new LR Evoque, having been "lucky" enough to get her order in at the start of the year. The dealers are clearly ringing round clients tempting them with £££ to get the cars back into stock. In her case it has worked, and she is taking the (amazing!) profit and buying a cheaper car for now. She didn't report any clause in her contract, however, so maybe specific groups only.

[CoolHands]

So how long before JLR just raise their list prices?

[carl_w]

GetCarter said:

As above. I have a RR on order and had to sign not to sell in the first three months. This is because new car waiting/delivery times are so long that my car, when it arrives, will be worth more than I'm paying for it.

So what is the penalty if you sell some goods that you own within the first three months?

[av185]

gottans said:

That is the kind of stunt Porsche would pull, sounds like pretentions of grandure and a guarantee of getting seriously shafted if you need to get rid of the vehicle within the 12 months.

Porsche UK and the OPC do not tie you into a contract saying you cannot sell or flip a halo car or Porsche GT limited run within a specified period for a profit. It is an internet myth. Some UK Ferrari dealers do though.

But if you sell the car (Porsche) outside the dealer network at a profit ££ generally within the first 2 years you will be blacklisted and won't get another Porsche GT allocation and rightly so.

[GetCarter]

carl_w said:

GetCarter said:

As above. I have a RR on order and had to sign not to sell in the first three months. This is because new car waiting/delivery times are so long that my car, when it arrives, will be worth more than I'm paying for it.

So what is the penalty if you sell some goods that you own within the first three months?

There is no penalty. You just can't do it. It's not officially yours until you own it, and if you sign the form that says you don't own it until 'X' months after you get it, the option of selling is not available.

Pretty simple really. If you don't like the T&Cs... walk away.

[Fady]

GetCarter said:

carl_w said:

GetCarter said:

As above. I have a RR on order and had to sign not to sell in the first three months. This is because new car waiting/delivery times are so long that my car, when it arrives, will be worth more than I'm paying for it.

So what is the penalty if you sell some goods that you own within the first three months?

There is no penalty. You just can't do it. It's not officially yours until you own it, and if you sign the form that says you don't own it until 'X' months after you get it, the option of selling is not available.

Pretty simple really. If you don't like the T&Cs... walk away.

Digressing ever so slightly (or even a lot) - I once bought a car from a company called Get Carter Cars. Salesman wasn't a big bloke and was in reasonable shape...

Nothing to add to the topic though - sorry!

[carl_w]

GetCarter said:

There is no penalty. You just can't do it. It's not officially yours until you own it, and if you sign the form that says you don't own it until 'X' months after you get it, the option of selling is not available.

Is this on some sort of personal contract hire or something and a condition of that?

I can't envisage any sort of cash sale or finance option where you don't own the car for the first 3 months.

[SAR0890]

Yeah we did the same when I was there, can’t remember if it was 6 months or 12 months then. Seem to remember it was only on FFRR, RR Sports and SV/SVR Products. We had to do a form of due diligence on the buyer to make sure they weren’t a trader or if they’d bought and flipped before.

LR keeps tabs on the used market and anything in that time frame they check the reg number against the supplying dealer, think there can be a sizeable fine for the dealer and customer gets put on the trader list meaning they’ll find it difficult for a dealer to sell them a car.

Similar at BMW now, if an M product under 6 months old is for sale at an independent trader BMW can fine the supplying dealer 10% of list price I believe.

[carl_w]

SAR0890 said:

Yeah we did the same when I was there, can’t remember if it was 6 months or 12 months then. Seem to remember it was only on FFRR, RR Sports and SV/SVR Products. We had to do a form of due diligence on the buyer to make sure they weren’t a trader or if they’d bought and flipped before.

LR keeps tabs on the used market and anything in that time frame they check the reg number against the supplying dealer, think there can be a sizeable fine for the dealer and customer gets put on the trader list meaning they’ll find it difficult for a dealer to sell them a car.

Similar at BMW now, if an M product under 6 months old is for sale at an independent trader BMW can fine the supplying dealer 10% of list price I believe.

That is the dealer's problem. What happens if I purchase an M and my circumstances change? Surely I can sell a car I own?

[SAR0890]

carl_w said:

SAR0890 said:

Yeah we did the same when I was there, can’t remember if it was 6 months or 12 months then. Seem to remember it was only on FFRR, RR Sports and SV/SVR Products. We had to do a form of due diligence on the buyer to make sure they weren’t a trader or if they’d bought and flipped before.

LR keeps tabs on the used market and anything in that time frame they check the reg number against the supplying dealer, think there can be a sizeable fine for the dealer and customer gets put on the trader list meaning they’ll find it difficult for a dealer to sell them a car.

Similar at BMW now, if an M product under 6 months old is for sale at an independent trader BMW can fine the supplying dealer 10% of list price I believe.

That is the dealer's problem. What happens if I purchase an M and my circumstances change? Surely I can sell a car I own?

Yeah you can, dealer can’t stop you selling but won’t be happy if they get notified from the manufacturer of it does happen.

Also, from a dealer point of view is it fair they get a fine for something out of their control? Or unknowingly sold a car to a trader pretending to be a private individual? I don’t think so…

We had an instance where a former footballer bought a FFRR and LR contacted us asking why it was for sale after only a few months, the guy was struggling financially and needed to sell. Think we put a case forward to LR but don’t think there was a fine in that instance.

[sir humphrey appleby]

A friend of mine bought a dealer demo Discovery last year. Apparently he has had the original dealer on the phone 3 or 4 times practically begging to buy it back. Seems they can’t get enough of them.

[Cold]

carl_w said:

That is the dealer's problem. What happens if I purchase an M and my circumstances change? Surely I can sell a car I own?

Of course you can. But in this instance why wouldn't you sell back to the supplying dealer? You'll get a competitive price and a quick hassle free sale.
Such easy, straightforward transactions are why WBAC are so popular.

[Mikebentley]

I believe the franchised dealers will offer substantially better than anyone else to get the stock which they can then sell for more than a random dealer. It’s a win win really for both parties. I’d sooner sell to a main dealer anyway.