Yeah for the people in question (buying ferraris/teslas) that blacklisting part might be deterrence enough. Still, even in that real estate covenant construction you mention, that ‘something’ they stipulate cannot be unlawful I think.
Comment on Tesla will sue you for $50,000 if you try to resell your Cybertruck in the first year
Exusia@lemmy.world 1 year agoFor Ferrari, if you break their stipulations, they put you on a blacklist and won’t sell you another ever again. I imagine it comes with some other stigmas from the community too. But much like real estate covenants if you agree to something in a contract, and then break it, you’re subject to civil action. In a Covenant, the contract holders are permitted to buy back your house and evict you.
jwt@programming.dev 1 year ago
Raxiel@lemmy.world 1 year ago
If they simply forbade resale, it would be an unenforceable term. The obligation on them to buy it back (at an agreed price) in order to enforce the term likely makes it legal.
fubo@lemmy.world 1 year ago
If I recall correctly, Ferrari being assholes is why Lamborghini isn’t just a tractor brand.
GenesisJones@lemmy.world 1 year ago
That is correct
gian@lemmy.grys.it 1 year ago
Even at the time of the quarrels con Ferrari, Lamborghini was already producing both tractors, air conditioners and boilers.