For those of you in Arizona (and perhaps other states where Tesla does not offer lending), I thought it would be useful to outline what I learned about the Resale Value Guarantee. There is a lot of inaccurate information floating around the forum, so here it goes: To qualify for the Resale Value Guarantee (RVG), you have to: (1) finance through Technology Credit Union (Tech CU) out of California; (2) the loan must be opened and remain in good standing for a minimum of 36 months (no late payments/account closures); and (3) the Model S must be serviced annually (1 year or 12,500 miles – whichever comes first). The RVG is provided by Tesla, not Tech CU. The financing is through Tech CU, not Tesla. The Tech CU loan has no minimum (other States where Tesla lends have a 60% minimum). On the high side, Tech CU only finances up to the MSRP, not taxes, doc fee, registration, etc. If the financing is more than 15%, the rate is better than if your down payment is less than 15%. At the time of purchase, Tech CU pays Tesla the loan amount or cuts you a check that you can pay Tesla. You pay Tesla directly the down payment and any other costs. The RVG is 50% of base (currently $35,000), plus 43% of options, exclusive of taxes, fees and accessories. RVG can be exercised between months 36 to 39. Any mile over 15,000 reduces the RVG by $0.25. If you exercise your right to the RVG, Tesla and Tech CU will coordinate at the time of the RVG exercise, and Tesla will pay off the loan to Tech CU, and cut you a check for the remainder. There is no requirement to roll this over to a new Tesla vehicle. The RVG is non-transferrable. I hope this saves someone some time. The RVG in my opinion is an excellent insurance policy against the potential for a serious decrease in re-sale value. Thank you Tech CU and Tesla!