4 ms·
So are other new automakers: > The change confirms newer manufacturers like Tesla, Rivian and Lucid are authorized to hold a franchise dealer license for direc
by judge2020 3y ago
So are other new automakers:
> The change confirms newer manufacturers like Tesla, Rivian and Lucid are authorized to hold a franchise dealer license for direct sales of EVs if they are not otherwise prohibited under federal law. That carve-out apparently does not extend to traditional manufacturers such as GM, Ford, Honda and Toyota, all of which now make battery-powered cars.
It's basically a protection racket for existing dealerships for traditional automakers, to ensure they don't get any bright ideas to avoid ~~middleman~~ dealership markups by directly selling the vehicles.
- 111111IIIIIII 3y agoIf I'm not mistaken, the Ford Lightning EV pickup truck has only been available through direct sales online ordering.
- judge2020 3y agoThat and the 2024 Mustang, but it's online reservation-based; the dealerships are still ultimately the ones buying the cars and reselling them to the end-user. I've heard stories of $20k or more markups even for reservation holders, since they know they'll be able to sell it if the original buyer walks away.
- 111111IIIIIII 3y ago[flagged]
- jaywalk 3y agoYou're mistaken. It still has to go through a dealership even though it's ordered online.
- cmgbhm 3y agohttps://www.kbb.com/car-news/ford-warns-dealers-buyers-to-avoid-f-150-lightning-markups/ https://www.kbb.com/car-news/ford-warns-dealers-buyers-to-av... Dealers are in the loop