John Cena violated his contract with Ford by selling his exclusive 2017 Ford GT supercar, leading to a lawsuit from the luxury car manufacturer.
WWE star and actor John Cena is being sued by Ford for $500,000 for selling his rare 2017 Ford GT supercar.
The car sale broke the agreement Cena had with Ford, resulting in a lawsuit for a large sum of money.
John Cena is being sued by Ford for $500,000 due to the sale of a rare 2017 Ford GT supercar.
John Cena is famous for his amazing car collection, which features luxury vehicles like the 2009 Chevy Corvette ZRI, the 1970 Plymouth Road Runner Superbird, and his well-known ‘Corvette InCenaRator.'
Yet, his 2017 Ford GT caused him problems.
Cena bought the Ford GT as soon as it came out, and it was reported to cost more than $450,000 back then.
Ford makes only a small amount of these high-performance cars annually, and they choose customers meticulously using an application system.
Buyers who own a Ford GT must adhere to a condition that prohibits them from selling the vehicle for a minimum of two years after buying it.
Regrettably, Cena sold the car shortly after buying it, breaking the sales contract.
Cena not only violated the contract but also supposedly made a big profit from selling without permission.
Ford has taken legal action against Cena for his actions and is seeking $500,000 in damages.
The legal case argued that Cena's selling of the car led to more damage for Ford, such as a decrease in brand reputation, ambassador work, and customer trust.
Ford aimed to hold Cena accountable for his actions and deal with the repercussions that negatively impacted the company.
Ford and Cena decided to settle their dispute outside of court instead of going through a trial.
The specific settlement amount was not revealed, but it was decided that Cena would pay a sum of money.
Instead of going to Ford's pockets, the funds would be given to a charitable cause that both parties agree is deserving.
Cena apologized to Ford in addition to reaching a settlement.
He showed his affection for the Ford GT in his statement and urged fellow car owners to honor their contracts.
Cena was glad that he could solve the problem in a friendly way and highlight the positive outcome of a worthy charity benefiting from one of the most renowned cars globally.
The public paid a lot of attention to the legal dispute between John Cena and Ford regarding the sale of his rare 2017 Ford GT supercar.
He had a contract to lease it for two years, which means he didn't really own it. Avoid contracts that prevent early resale. Ford is spending more on making cars than they earn, according to a user.
The second user commented that it would have been pointless for him to wait for the 2 years to pass and legally sell the car, as all his profits would be consumed by the lawsuit.
The third user mentioned that in order to ensure that only genuine buyers who truly desire the rare car purchase it, car companies often include a clause in the contract. This clause requires the buyer to pay a certain amount.
He can sell his car because it belongs to him. The presence of illegal terms in a contract is insignificant, someone else stated.