Is a Chinese registration of a Model S inclusive of only new-units or is it a DMV type of registration of "any" car inclusive of LHD CPOs coming into the country? I assume one must register a used car as well. CPOs from traded-in USA-based leases starting in 2013 could possibly be sold at perhaps a higher price in China than in the USA due to the larger portion of the market being in the USA while China can be used as a secondary market with a possible fast-growing appetite for CPOs at a lower price than new. It can be a little skewing - such as Norway where a registration posted is not always a sale.