{"id":758,"date":"2023-11-14T18:56:23","date_gmt":"2023-11-14T18:56:23","guid":{"rendered":"https:\/\/www.autobuyersmarket.com\/news\/?p=758"},"modified":"2025-05-05T10:25:10","modified_gmt":"2025-05-05T10:25:10","slug":"cybertruck-owners-banned-from-sale-during-first-year-of-ownership-or-face-50k-lawsuit","status":"publish","type":"post","link":"https:\/\/www.autobuyersmarket.com\/news\/2023\/11\/14\/cybertruck-owners-banned-from-sale-during-first-year-of-ownership-or-face-50k-lawsuit\/","title":{"rendered":"Cybertruck Owners Banned from Sale for First Year of Ownership or Face $50K Suit"},"content":{"rendered":"\n
\"Cybertruck
Tesla’s long-awaited battery operated Cybertruck, seen here at the Petersen Automotive Museum in Los Angeles, California. Dec 26, 2022 File photo: JWCohen, ShutterStock.com, licensed.<\/figcaption><\/figure>\n\n\n\n

AUSTIN, TX – Early adopters of Tesla ‘s highly-anticipated \u2013 and long-gestating \u2013 Cybertruck electric-powered pickup will finally get a chance to get behind the wheel of one on November 30, albeit with a slight caveat: they will be forbidden by the automaker to resell their vehicle for the first year they own it, under penalty of a potential $50,000 lawsuit<\/a>. <\/p>\n\n\n\n

Under its Motor Vehicle Order Agreement, Tesla recently included a new section entitled “For Cybertruck Only” featuring a number of draconian new rules governing the unusually designed stainless steel EV, including possible legal ramifications if buyers try to sell it too soon after taking possession.<\/p>\n\n\n\n

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You agree that you will not sell or otherwise attempt to sell the Vehicle within the first year following your Vehicle’s delivery date,” the agreement says. “Tesla may seek injunctive relief to prevent the transfer of title of the Vehicle or demand liquidated damages from you in the amount of $50,000 or the value received as consideration for the sale or transfer, whichever is greater. Tesla may also refuse to sell you any future vehicles.\u201d <\/em><\/p>\n<\/blockquote>\n\n\n\n

However, under extraordinary circumstances Tesla is willing to offer an out for those who need to part with their Cybertruck. If there is a good enough reason, the company noted it may be willing to buy back the EV pickup truck from the customer for the original price paid with $0.25 subtracted for every mile driven, in addition to other fees covering \u201creasonable wear and tear\u201d and whatever it costs to restore the vehicle to \u201cTesla’s Used Vehicle Cosmetic and Mechanical Standards.” <\/p>\n\n\n\n

In this situation, if Tesla ultimately decides not to purchase the vehicle back from the customer for whatever reason, they may instead allow them to sell it to someone else.\u00a0<\/p>\n\n\n\n

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The Cybertruck makes me feel like I\u2019m living in the future, but in the present pic.twitter.com\/QA2xa23tTT<\/a><\/p>— Tesla World (@TESLAWORLDOFCAR) November 14, 2023<\/a><\/blockquote>