Apparently Ford is dead serious about that two-year do not sell agreement.
We’ll spare you the tiny details regarding pro-wrestler John Cena’s Ford GT. In short, he was hand-picked by Ford to buy one, then turns around and sells it despite agreeing not to for two years. Ford sued him and he’s challenging it, and things are still tied up in court (a non-jury trial isn’t scheduled until sometime next year). According to an in-depth report from Jalopnik, however, Ford didn’t just sue Cena, but also the dealership that bought the GT from him and later resold it.
New Autos Inc., the dealership in question, claims it was not aware of the sales agreement Cena and all other GT buyers signed with Ford prior to purchase. It therefore had every right to buy the car from him and quickly offload it. Remember, this all happened last November and the lawsuit against New Autos Inc. somehow remained under the radar until Jalopnik did its digging. Ford claims it found out the GT was on the dealership’s showroom almost immediately thanks to it being advertised online. The next day it sent a company representative to the dealer to take photos and basically prove the whole thing was for real.
Later that evening, Ford’s legal department reached out to the dealer to inform them the car can’t be sold and it needed to be returned to Ford. The dealer’s owner, in short, refused. More than likely, the GT already had a buyer and the car was gone the following day. Where is it today? Nobody knows for sure, but a Carfax report indicates it’s registered in both in California and Montana (Cena lives in Florida). Wait, why Montana? Apparently there’s a tax loophole allowing for supercar owners to register their cars in the state without having to pay a sales tax. So Ford is now suing both Cena and the dealer that bought the car from him and later resold it to an unknown buyer.
One of Ford’s big concerns is that the GT may wind up overseas somewhere, since New Autos Inc. has been known to export cars to foreign buyers. So all in all, this debacle is tied up in court for the foreseeable future. If you recall, earlier this week another 2017 Ford GT was sold at a Mecum Auctions event in Indianapolis. Its original owner also violated the two-year do not sell agreement. Ford also made an attempt to stop this sale in court, but the judge sided with Mecum. That GT was sold for $1.65 million in only two minutes. A new GT carries a base price of $450,000, so the attraction to resell them at a hearty profit is more tempting than ever, hence Ford’s aggressive legal tactics against Cena and New Autos Inc.
It clearly believes the contract signed with owners should be upheld and it’s willing to take owners who disagree to court over the issue. Check out the Jalopnik story for full details, but something tells us this legal battle won’t end anytime soon.