Please limit immediate resale.

[61scout80]

Please consider limiting resale for preorders like other manufacturers have previously. This will let the real enthusiasts get them and limit profiteering.

Nearly every other anticipated vehicle ends up on sites like Bring A Trailer or Cars and Bids immediately after release. People buy them with no intention other than to sell immediately to someone who is willing to pay more to have it now.


Scout Motors could lead the way to something great here. Maybe a system where every 10th early production vehicle is offered outside of the reservations with caveats. Someone who is willing to buy from an action site would be just as willing to pay Scout's MSRP plus a very large tax deductible donation to an OHV group such as The Blue Ribbon Collation or other reputable non-profit.

 

[MountainDad]

Sorry, no. If you buy it, it's yours, especially if you pay cash up front. There won't be dealer markups because there won't be any dealers.

If someone is going to flip one for 1.5x the purchase price and someone else is stupid enough to pay it, then well, fools and their money something something.

This is a property rights issue. People can't demand right-to-repair and then also demand Scout Motors somehow lock owners in to ownership for some period of time.

 

[Thi31]

Sorry, no. If you buy it, it's yours, especially if you pay cash up front. There won't be dealer markups because there won't be any dealers.

If someone is going to flip one for 1.5x the purchase price and someone else is stupid enough to pay it, then well, fools and their money something something.

This is a property rights issue. People can't demand right-to-repair and then also demand Scout Motors somehow lock owners in to ownership for some period of time.

Full agree here. I hate flipping as much as anyone, but if you buy something, you own it and at that point the manufacturer has no right to tell you what you can/can't do with it.

 

[R1TVT]

I agree that once its yours, its yours... You can't expect Scout to enforce anything after the sale.

Another very important consideration for buyers is the tax credit - It MUST be applied to the original purchase. This helps limit flipping, which in my mind is a good thing. The tax credit should be used with the intent that the original buyer is actually using their EV. If the intent is to flip it to someone else (after the initial purchaser took the tax credit), then the new buyer gets no tax credit, even if the truck is brand-new and flipped.

From the IRS:

You may qualify for a credit up to $7,500 under Internal Revenue Code Section 30D if you buy a new, qualified plug-in EV or fuel cell electric vehicle (FCV). The Inflation Reduction Act of 2022 changed the rules for this credit for vehicles purchased from 2023 to 2032.

The credit is available to individuals and their businesses.

To qualify, you must:

• Buy it for your own use, not for resale
• Use it primarily in the U.S.

In addition, your modified adjusted gross income (AGI) may not exceed:

• $300,000 for married couples filing jointly or a surviving spouse
• $225,000 for heads of households
• $150,000 for all other filers

Limiting the transfer of pre-orders to another party is smart though, and should be easily managed. Simply put, you either need to stay put in line with your info, or you just give up your spot & reservation if you don't want it. Pretty simple!

 

[J Alynn]

So begs the question. I have two reservations right now. One for me and the second in case my daughter wants one. How does the tax credit work I. That situation. Anybody know? Maybe I should convert the second one out

 

[nolen]

So begs the question. I have two reservations right now. One for me and the second in case my daughter wants one. How does the tax credit work I. That situation. Anybody know? Maybe I should convert the second one out

You should be able to claim both. It is per car not per filer as far as I can tell.

 

[J Alynn]

You should be able to claim both. It is per car not per filer as far as I can tell.

Thanks. Was gonna look up later. Also asked Jamie directly to see if he knows for sure

 

[Chuckles]

There is precedent. The Ford GT had a no-resale for 2 years after the purchase clause in the sales agreement. They took John Cena to court over it (they settled. Cena paid Ford who donated it to charity). However, that was a limited-production supercar and buyers were vetted.