Luxury Car Dealer Slams Mercedes, BMW For Trade-In Policy – Law360

By J. Edward Moreno (November 10, 2021, 5:24 PM EST) — A Los Angeles luxury car dealership hit Mercedes-Benz and BMW with antitrust lawsuits accusing the luxury car brands of stifling competition by refusing to allow non-Mercedes-Benz or BMW dealerships to accept their leased vehicles as tr…….

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By J. Edward Moreno (November 10, 2021, 5:24 PM EST) — A Los Angeles luxury car dealership hit Mercedes-Benz and BMW with antitrust lawsuits accusing the luxury car brands of stifling competition by refusing to allow non-Mercedes-Benz or BMW dealerships to accept their leased vehicles as trade-ins or allow consumers to sell their vehicles to nonaffiliated dealerships.

Calabasas Luxury Motorcars told a California federal judge that by keeping their vehicles on a “merry-go-round,” Mercedes-Benz and BMW are preventing customers from using the value of their vehicles toward a trade-in for a vehicle of a different brand, and therefore also prevent unaffiliated dealerships from making those deals. The nearly identical complaints in the proposed…

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Source: https://www.law360.com/retail/articles/1439089/luxury-car-dealer-slams-mercedes-bmw-for-trade-in-policy