LONDON: Just as there are people who flip hot properties for a quick profit, the same tactic is seen in the auto world for cars that are in high demand and in short supply.
That was the case with the Ford GT about seven years ago, where Ford imposed a two-year no-sale clause in the contract to ensure the exclusive supercar goes to genuine buyers.
The Spectre, Rolls-Royce's first electric car, is in a similar situation now.
Rolls-Royce CEO Torsten Müller-Ötvös has put buyers on notice that those who flip the Spectre would be permanently blacklisted by the firm.
He recently told Car Dealer Magazine that Rolls-Royce is working to verify that the vehicles go to genuine buyers, and prospective consumers must meet certain requirements to be eligible.
While Rolls-Royce has the right to impose such conditions for a product that is new and rare, some Spectre buyers who refuse to pay the high markup by flippers will bide their time to get it at a more sensible price once it starts making its way into the used car market within a short period of time.
