Rolls-Royce won't let customers buy another car if they sell its new EV for a profit
, is going on sale soon at a cool $425,000 — and at that price, purchasing slots will be limited, to say the least. But any buyers planning to flip one for a quick profit may want to think twice.
The British, BMW-owned company isn't the first to impose bans on flipping its vehicles. Last year, GM said it would ban buyers from flipping Hummer EVs, Corvette Z06's and other vehicles within 12 months under the threat of limiting the transferability of certain warranties. On top of that stick, it offered a carrot in the form of $5,000 in reward points for customers who kept their eighth-generation Corvette Z06's for at least a year.
With a potential lifetime ban, Rolls-Royce's rules are even more strict, but some secondhand dealers aren't happy. A London dealer told Car Dealer that he had already agreed to pay a £50,000 premium for two Spectre EVs, and will have them for sale"within two weeks of it being launched" this fall."I do not think it is fair for carmakers to tell customers who have spent close to half a million pounds on a car what they can do with it," he said.
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