GM will limit warranty transfers and ban buyers from flipping Hummer EVs

@ 2022/08/01
GM doesn't want people buying some of its newer and most sought-after models, such as the GMC Hummer EV, to quickly sell them for a profit. The automaker is implementing several aggressive measures meant to discourage the practice, even if it ends up losing the company some customers. In a letter obtained by Corvette Blogger, Steve Carlisle, GM President for North America, told the GM Dealership team that the company is "limiting the transferability of certain warranties" if the vehicle being resold was purchased within the past 12 months. Further, GM will ban the seller from "placing future sold orders or reservations for certain high demand models (as identified by GM)."

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