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Tesla discontinues ‘Resale Value Guarantee’ program for new vehicles to focus on low ...

Discussion in 'News from Electrek.co' started by RSSFeed, Jul 13, 2016.

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  1. RSSFeed

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    Tesla confirmed today that it has discontinued its ‘Resale Value Guarantee’ (RVG) program as of July 1st – first reported by The Verge. When purchasing through the company’s financing program, RVG allowed Model S and X owners to sell their car to Tesla during the period between 36 months to 39 months of the ownership for 50% of the base price of the vehicle at the time of the purchase, plus 43% of the original purchase price for all options. more…

    Filed under: Cars, Tesla Tagged: Model S, Model X, Resale Value Guarantee, Tesla, Tesla Model S, Tesla Model X, value retention [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG][​IMG]

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  2. Jayc

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    Makes sense. At least here in the UK, they should try and work on their financing options. Currently, interest rates are not competitive compared to the competition.
     

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