Can’t sell for 6 months per ford credit

[BrrL357]

So I have an issue. My new 23 azure gray Braptor showed up yesterday. I now have 2 bronco raptors. A 22 and a 23. I had the azure Braptor on order and I bought a 22 cactus raptor I purchased to tide me over till my order showed up. I’m good friends with a dealer and we thought this would work perfect but it hasn’t. I was going to drive the 22 for awhile until my 23 showed up. My 23 showed up earlier than expected and now ford motor credit is saying I can’t sell the 22 for 6 months from date of purchase which will be may 14. So now instead of selling this one and moving the equity from the 22 to the 23 they said I can’t sell the 22 yet or they will not finance my business or personal vehicles anymore. So I have to pay two payments for a month till I can sell the 22 in may. Anyone interested in it? It’s got 2300 miles. That’s my rant. Hopefully everyone is rocking their braptors today!

 

[JMCBraptor]

For some reason... not to be rude I dont think most people here are going to feel bad for you. You have 2 trucks and worried about your third? Most of us are still waiting on what we ordered. Doesn't seem like its something to complain about... Pretty cool that you have 2 Hopefully you get them in the dirt!!!

 

[Frisky]

So I have an issue. My new 23 azure gray Braptor showed up yesterday. I now have 2 bronco raptors. A 22 and a 23. I had the azure Braptor on order and I bought a 22 cactus raptor I purchased to tide me over till my order showed up. I’m good friends with a dealer and we thought this would work perfect but it hasn’t. I was going to drive the 22 for awhile until my 23 showed up. My 23 showed up earlier than expected and now ford motor credit is saying I can’t sell the 22 for 6 months from date of purchase which will be may 14. So now instead of selling this one and moving the equity from the 22 to the 23 they said I can’t sell the 22 yet or they will not finance my business or personal vehicles anymore. So I have to pay two payments for a month till I can sell the 22 in may. Anyone interested in it? It’s got 2300 miles. That’s my rant. Hopefully everyone is rocking their braptors today!

I believe you can't sell to the public but the dealer can buy them back.

 

[ChiliPepper]

I would have thought the way to structure the deal would have been to use the MY22 as a trade-in on the MY23. Ford Credit is closed out on the MY22. Financing on the balance of the MY23 is your choice. You drive away with a new MY23. Dealer has a MY22 to sell as needed. Win-Win! Seems pretty simple.

Unless . . . you are underwater on the deal because of an ADM. Or the dealer won't take the trade-in (which is hard to imagine). Or because you are trying to make money on the MY22.

 

[GPS Raptor]

Refinance at a bank, may not be timely for you.

 

[BrrL357]

I would have thought the way to structure the deal would have been to use the MY22 as a trade-in on the MY23. Ford Credit is closed out on the MY22. Financing on the balance of the MY23 is your choice. You drive away with a new MY23. Dealer has a MY22 to sell as needed. Win-Win! Seems pretty simple.

Unless . . . you are underwater on the deal because of an ADM. Or the dealer won't take the trade-in (which is hard to imagine). Or because you are trying to make money on the MY22.

Believe me that’s what should have happened. I have lots of equity in the vehicle actually so I’m not upside down at all. Big down payment. This is straight from Ford motor credit. I can’t imagine the dealer would not take the 22 in on a trade either but this is what happened. The dealer will buy it from me after may 1 they said. Some new rule ford put in place. The dealer could just be stupid maybe I don’t know. Seemed fishy to me that’s why I said something on here about it. I asked multiple dealers locally and they said the same thing which is stupid and not what I expected.

 

[Odonnks]

As mentioned above, this seems a bit fishy. Review the documentation for the purchase of the MY22 to see if there is a sale clause. If Ford credit won’t do the deal look elsewhere.

 

[Broncosaurus Rex]

So I have an issue. My new 23 azure gray Braptor showed up yesterday. I now have 2 bronco raptors. A 22 and a 23. I had the azure Braptor on order and I bought a 22 cactus raptor I purchased to tide me over till my order showed up. I’m good friends with a dealer and we thought this would work perfect but it hasn’t. I was going to drive the 22 for awhile until my 23 showed up. My 23 showed up earlier than expected and now ford motor credit is saying I can’t sell the 22 for 6 months from date of purchase which will be may 14. So now instead of selling this one and moving the equity from the 22 to the 23 they said I can’t sell the 22 yet or they will not finance my business or personal vehicles anymore. So I have to pay two payments for a month till I can sell the 22 in may. Anyone interested in it? It’s got 2300 miles. That’s my rant. Hopefully everyone is rocking their braptors today!

Interested. Let me know what you’re asking and send me some info

 

[ChiliPepper]

This might be part of the problem . . .
https://fordauthority.com/2023/03/ford-dealers-could-get-penalized-for-selling-to-flippers/

"The idea here is to sell these special, high-demand vehicles to customers that will actually keep and drive them, it seems, though additional details regarding this policy are currently unclear. If nothing else, it’s seemingly a step in the right direction, though it remains to be seen if it prevents dealers from placing massive markups on vehicles – or buyers from flipping them for a profit."