3 ms·
Is the seller allowed to set the price they want for that first refusal?
by adhesive_wombat 3y ago
Is the seller allowed to set the price they want for that first refusal?
- gamblor956 3y agoThey have the right to refuse the price the original buyer has an offer from a third party purchaser. I.e., if I buy Model Z from Tesla, and then arrange to sell it to Sally for $200k (meaning that is the price Sally agrees to pay), Tesla has the right to swoop in and match the $200k and buy it instead.
- adhesive_wombat 3y agoInteresting. That doesn't seem to be the contract Tesla is using: they depreciate it by milage at 25 cents a mile and also deduct the cost of the refurbishment. Would that then be unenforceable?