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#4590546 - 12/01/17 02:00 AM John Cena sued by Ford for selling the '17 GT...
NoNameJoe Offline


Registered: 06/03/15
Posts: 414
Loc: New York

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#4590581 - 12/01/17 05:21 AM Re: John Cena sued by Ford for selling the '17 GT... [Re: NoNameJoe]
JC1 Offline


Registered: 11/29/08
Posts: 3004
Loc: Oshawa, Ontario Canada
Suing for damages lol. They are getting a ton of free publicity for this nonsense.
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#4590586 - 12/01/17 05:47 AM Re: John Cena sued by Ford for selling the '17 GT... [Re: JC1]
Garak Offline


Registered: 12/05/09
Posts: 24586
Loc: Regina, Saskatchewan, Canada
Ford should have let the dealerships dictate the price completely on their own by market forces, the way Chrysler overprices Vipers, and then none of this would have been an issue. wink
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#4590599 - 12/01/17 06:19 AM Re: John Cena sued by Ford for selling the '17 GT... [Re: NoNameJoe]
Danno Offline


Registered: 10/07/12
Posts: 1991
Loc: Northern Ontario, Canada
Knowing it is a limited run and knowing Fair Market Value is north of $500k (evidenced by 2 yr hold on resale), why didn't Ford price the car higher initially to avoid the inevitable "flippers" or potential dealer "gouging" ?



Edited by Danno (12/01/17 06:20 AM)
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#4590645 - 12/01/17 07:19 AM Re: John Cena sued by Ford for selling the '17 GT... [Re: NoNameJoe]
Cujet Offline


Registered: 02/15/03
Posts: 7162
Loc: Jupiter, Florida
I just can't see an F150 V6 powered Corvette being worth $500K.
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#4590659 - 12/01/17 07:32 AM Re: John Cena sued by Ford for selling the '17 GT... [Re: NoNameJoe]
PimTac Offline


Registered: 03/04/17
Posts: 4298
Loc: Soviet State of Washington
This is from the Daily Mail, the king of fake news in England. I wouldn’t believe much of what is written there.
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#4590751 - 12/01/17 09:13 AM Re: John Cena sued by Ford for selling the '17 GT... [Re: Cujet]
Ethan1 Offline


Registered: 12/29/14
Posts: 1632
Loc: 'murica
Originally Posted By: Cujet
I just can't see an F150 V6 powered Corvette being worth $500K.


Ford put their truck engine in the back of the car, for starters. The Ford isn't an old man's car, for another. shrug

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#4590782 - 12/01/17 09:36 AM Re: John Cena sued by Ford for selling the '17 GT... [Re: NoNameJoe]
JohnnyJohnson Offline


Registered: 10/22/09
Posts: 2745
Loc: Wet side WA
Why would anyone have signed such a contract? He should have told them in the first place just were to put that contract. I'm pretty sure he will beat this in court he bought it this isn't a rental.
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#4590808 - 12/01/17 10:04 AM Re: John Cena sued by Ford for selling the '17 GT... [Re: JohnnyJohnson]
mightymousetech Offline


Registered: 04/03/17
Posts: 1444
Loc: Ontario, Canada
Originally Posted By: JohnnyJohnson
Why would anyone have signed such a contract? He should have told them in the first place just were to put that contract. I'm pretty sure he will beat this in court he bought it this isn't a rental.


Pretty sure every Ford GT sale would be the same. Many car companies do this on "speculative" type cars.

I really doubt he will win.


Edited by mightymousetech (12/01/17 10:04 AM)
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#4590843 - 12/01/17 10:40 AM Re: John Cena sued by Ford for selling the '17 GT... [Re: NoNameJoe]
BrocLuno Offline


Registered: 09/06/15
Posts: 5518
Loc: Kalifornia Kollective
Yeah, let's see, Ford has how many lawyers ...
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#4590851 - 12/01/17 10:47 AM Re: John Cena sued by Ford for selling the '17 GT... [Re: NoNameJoe]
Wolf359 Offline


Registered: 04/27/12
Posts: 4753
Loc: MA
Yeah, if it's legit, he'd probably lose. Be interesting to see what's in the contract though, he could have done something like a sub-lease or a rent to own. Then he gets paid up front and transfers ownership after 2 years.

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#4590868 - 12/01/17 10:58 AM Re: John Cena sued by Ford for selling the '17 GT... [Re: Danno]
raytseng Offline


Registered: 12/11/08
Posts: 2339
Loc: CA
Originally Posted By: Danno
Knowing it is a limited run and knowing Fair Market Value is north of $500k (evidenced by 2 yr hold on resale), why didn't Ford price the car higher initially to avoid the inevitable "flippers" or potential dealer "gouging" ?


because a halo car or halo item is not about profit it is about promoting the brand and letting semi ordinary people have a chance at it. they spin that more here by picking influencers

if they were about maximizing 1 time profit and let the market dictate the price all the cars would just be owned by oligarchs, investors thst would just put the csr in storage, and oil princes and would never be seen by the general public. When seen it would be thought of just as a toy that only rich dbags have versus something a regular person wishes they had. It is underlying signalling.

for a better analogy, nike and other fancy sneakers are the same thing. everyone has a chance to own fancy nikes if you go line up. Nike limit supply and purposely price them lower than market. If they priced it properly at like 2000, no ordinary people could get it, only rich people, and then all the ordinary people would turn on thst peoduct with scorn.
They could also easily just pump up the factory and make more shoes but don't do that either.
Overall the brand marketting gains are worth more than the revenue.


Edited by raytseng (12/01/17 11:04 AM)

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#4590915 - 12/01/17 11:30 AM Re: John Cena sued by Ford for selling the '17 GT... [Re: Ethan1]
Cujet Offline


Registered: 02/15/03
Posts: 7162
Loc: Jupiter, Florida
Originally Posted By: Ethan1
Originally Posted By: Cujet
I just can't see an F150 V6 powered Corvette being worth $500K.


Ford put their truck engine in the back of the car, for starters. The Ford isn't an old man's car, for another. shrug


I clearly get your point. However, the 'vettes remain remarkably competitive. Even with their front engine/rear drive configuration.

As far as a Corvette being an old mans car, I resemble that remark....
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#4590922 - 12/01/17 11:34 AM Re: John Cena sued by Ford for selling the '17 GT... [Re: NoNameJoe]
HemiHawk Offline


Registered: 03/09/16
Posts: 839
Loc: PA,US
I see both sides on this. On one hand Ford tried something to prevent people from buying a very limited car, and selling to the highest bidder right after. On the other if I buy something its mine and I'll do what I want with it.
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#4590932 - 12/01/17 11:42 AM Re: John Cena sued by Ford for selling the '17 GT... [Re: Cujet]
Ethan1 Offline


Registered: 12/29/14
Posts: 1632
Loc: 'murica
More than half of owners are 55+, sooooooooo.........

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