Tesla Resale Value Guarantee FAQ
Tesla Resale Value Guarantee FAQ
Who is eligible for the Resale Value Guarantee?
Any private or business customer who finances their vehicle through a Tesla-approved loan program is eligible for the Resale Value Guarantee meeting the minimum term requirements.
Also not that anyone knows here but i guess alot of people didn't finance 60% of the car value at 4.85% to get the 3 year guranteed buyback price, that said i would if i had the money.
which i can not link to because the website is down.
that said i don't see the problem if the prices are around the same, i.e $60,000/$70,000 its more AUD$1=US$1 now then model S buyback would be like $40,000 and model 3 new would be $60,000 or $70,000
also the 3 year buyback, you can also choose 4 or 5 years in Australia as far as i know is locked in when you buy the car, not the 50%(after 3 years) value the the Model S is price at now, i think now is $110,000, was $94,000 when it first launched in Australia.
so 3 years from Australian launch(2017?) value $47,000,
but now $110,000 value in 2019 $55,000
now thinking about it they might have a issue but like i said you have to finance 60% of the cars value
What are the stipulations (fine print) for a loan contract?
To qualify for the Resale Value Guarantee, you must finance a minimum of 60% of the vehicle (on approved credit) for a term between 36 and 60 months. To exercise the Resale Value Guarantee, the loan must remain open and in good standing for the full duration of the loan contract. Please see the Resale Value Guarantee terms and conditions for further details on the program.
also MODEL 3 page is now up
Model 3 | Tesla Motors Australia
says $35,000 USD which i think is fair/smart