First Right of Refusal
Thread Starter
Rennlist Member
Joined: Jan 2005
Posts: 6,045
Likes: 1,427
First Right of Refusal
Some dealers in Canada are making 992 buyers sign a document stating that if they sell the car within 2 years, they must give the dealer first right of refusal to beat any offer that they receive. Are you guys seeing this in the US also?
Last edited by Onami; Nov 9, 2021 at 10:01 AM.
RL Community Team
Rennlist Member
Rennlist Member
Joined: Jan 2019
Posts: 6,080
Likes: 8,987
From: Doylestown, PA
Ferrari dealers have done this for a long time. Given the demand for 911s, it’s not a surprise that you’d start to see this pop up with Porsche dealers.
A dealer can demand such things, but you can always say no. It’s by no means a standard practice in Porsche land.
A dealer can demand such things, but you can always say no. It’s by no means a standard practice in Porsche land.
Trending Topics
Banned
Joined: Jul 2020
Posts: 4,026
Likes: 2,265
OMG!
Craziness is now officially here!
Rennlist Stories
The Best Porsche Posts for Porsche Enthusiasts
9 Features and Characteristics That Only Porsche People Understand
Verdad Gallardo
I've Written 500 Rennlist Articles: Here's How Porsche Has Changed Along the Way
Joe Kucinski
10 Most Unnecessary Porsches Ever Built (And Why We Love Them)
Verdad Gallardo
Porsche 911 GT3 S/C vs 718 Spyder RS: 10 Categories, One Winner
Joe Kucinski
This Builder Is Turning Heads With Its Slantnose 911 Creation
Verdad Gallardo
Porsche 911 GT3 Artisan Edition Pays Homage to Japanese Culture
Verdad Gallardo
Porsche Reveals Coupe Variant of the Electric Cayenne With a Fresh Look
Verdad Gallardo
10 Porsche Colors That Have More Personality Than Most People
Verdad Gallardo
Guntherwerks' Final Speedster Creation Is the Ultimate Porsche Restomod
Verdad Gallardo
Three Wheelin'
Joined: Oct 2014
Posts: 1,284
Likes: 417
From: Ontario
Same thing when you buy a G Wagon ...another ploy is they won't actually sell you the car but only lease it to you for the first two years and then the option to buy there after so you can't resell it at a higher price ..
Drifting
Joined: Sep 2019
Posts: 2,970
Likes: 1,463
From: Balt/DC
Rennlist Member
Joined: Sep 2019
Posts: 3,170
Likes: 2,569
That's the easy way around it. This is really unenforceable. Though personally I would tell them no, and report them to Porsche if they attempted to take away my order over a contract detail like that. Then again I'm not intending to sell within the time limit, so it really would be a non-issue. 2 years isn't long.
Drifting
Joined: Jun 2021
Posts: 2,077
Likes: 1,760
From: Westchester NY
If the ROFR is drafted correctly, that would not work. If you don't make the sale that they failed to match, the whole thing kicks back in place for the next potential sale. Again, if it is drafted correctly.
Last edited by Drew46; Nov 9, 2021 at 12:29 PM.
Three Wheelin'
Joined: Feb 2016
Posts: 1,570
Likes: 1,021
Last edited by malba2366; Nov 9, 2021 at 04:34 PM.
