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Author Topic: If you can afford to play, it's a good and quick turn around investment  (Read 9125 times)

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Online theking

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...but your choice may be limited though...

For rare super cars that are already sold before production, the demand is so high that one can be bought new, driven for a year and re-sell it for more used...However, if there's a 2-year DO NOT SELL clause like Ford had for the GT, one may have to wait a little longer. Can't just pull a John Cena, might get sued.. ???:

Quote
Ford And John Cena Settle GT Lawsuit, Money Going To Charity

Hustle, loyalty, and respect don't get you far in a court of law.

John Cena and Ford have settled their lawsuit over the WWE wrestler selling his Ford GT before the 24-month required ownership period was over. Cena and the Blue Oval reached a settlement for an undisclosed sum, and the automaker agreed to donate the money to charity.

“I love the Ford GT and apologize to Ford, and encourage others who own the car to respect the contract,” Cena said in a statement published by Jalopnik. “I am pleased we could resolve this matter outside of court, and that a worthy charity will benefit from one of the most iconic cars in the world.”

Ford individually selected the GT's owners and received 6,506 applications for the initial run of 500 cars. As part of the contract, the automaker required owners to keep their GT for 24 months as a way to limit speculation on the second-hand market.

According to earlier documents, Cena paid $460,000 for his GT. The car included options like $5,000 for Liquid Blue exterior paint and $250 for a leather-wrapped steering wheel.

Ford filed its lawsuit for breach of contract in November and requested $500,000. The automaker claimed that the wrestler made a "large profit from the unauthorized resale flip." Cena's legal team attempted to throw out the suit by arguing that the 24-month ownership stipulation wasn't on all of the contracts that the wrestler signed. While the clause was part of the order confirmation, the final purchase order didn't include it. This argument apparently didn't hold water in court, though.




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Online theking

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Re: If you can afford to play, it's a good and quick turn around investment
« Reply #1 on: August 20, 2019, 11:46:30 PM »
See what I mean, this car should have no problems selling for more used next year than new now:

Lamborghini’s New Aventador Roadster Completely Sold Out Before Its Monterey Car Week Debut






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Offline hmgROCK

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Re: If you can afford to play, it's a good and quick turn around investment
« Reply #2 on: August 22, 2019, 09:38:25 AM »
LMAO

NO
just NO
do not follow this dude advice


you don't need to believe me
just take a look out your driveway
at that Toyota corrolla

your car deprecation the moment you drive it off the parking lot

hahahahha

 :2funny: :2funny: :2funny:



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God did not created man...man created god

Online theking

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Re: If you can afford to play, it's a good and quick turn around investment
« Reply #3 on: August 22, 2019, 06:03:27 PM »
LMAO

NO
just NO
do not follow this dude advice


you don't need to believe me
just take a look out your driveway
at that Toyota corrolla

your car deprecation the moment you drive it off the parking lot

hahahahha

 :2funny: :2funny: :2funny:

"LMAO

NO
just NO
do not follow this dude advice"

He even got called out publicly by other PH members because he gave "bad financial advise"... ;D ;D ;D

Not that it's a surprised...If he doesn't care by purposely going "underground" to steal from the poor as well as give them "spoilage" food, would care about giving out EPIC FAIL advises??  ??? :idiot2: :idiot2: :idiot2:



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