Based on the Tesla Updates tab, the guarantee was announced March 2013. That would mean the earliest adopters would be eligible in six months. I'm curious if anyone is planning on exercising their right to this agreement and if so, what will that dollar amount be? I would think after 36-39 months of ownership and the timing of the X release there may be a fair number of people looking for this as a path to upgrade. Here's the first paragraph of the guarantee.
Welcome to the Tesla Family! Your vehicle identified above (“Vehicle”) qualifies for our Resale Value Guarantee(“Guarantee”). We guarantee that your vehicle will have a resale value after 3 years of at least the Guaranteed ResaleValue specified above. This value is equal to 50% of the base purchase price of the 60kWhr Model S at the time of yourpurchase of the Vehicle, plus 43% of the original purchase price for all options including the upgrade to the 85kWhrbattery pack (exclusive of taxes, fees and accessories). During the period between 36 months to 39 months from yourGuarantee Effective Date, you have the option to sell your vehicle to Tesla for the Guaranteed Resale Value. ThisGuarantee is subject to the following terms and conditions:
Welcome to the Tesla Family! Your vehicle identified above (“Vehicle”) qualifies for our Resale Value Guarantee(“Guarantee”). We guarantee that your vehicle will have a resale value after 3 years of at least the Guaranteed ResaleValue specified above. This value is equal to 50% of the base purchase price of the 60kWhr Model S at the time of yourpurchase of the Vehicle, plus 43% of the original purchase price for all options including the upgrade to the 85kWhrbattery pack (exclusive of taxes, fees and accessories). During the period between 36 months to 39 months from yourGuarantee Effective Date, you have the option to sell your vehicle to Tesla for the Guaranteed Resale Value. ThisGuarantee is subject to the following terms and conditions: