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Resale Value Guarantee

Discussion in 'Hong Kong' started by Optic, Dec 10, 2017.

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  1. MingMan

    MingMan Member

    Joined:
    Jun 23, 2015
    Messages:
    134
    Location:
    Hong Kong
    Many thanks dlty. Did you get in full what you were guaranteed as mentioned in the RVG Agreement? Any need to do fixings before returning the car?
     
  2. sush

    sush Member

    Joined:
    Apr 27, 2016
    Messages:
    15
    Location:
    Hong Kong SAR
    Any news on this topic guys!!
     
  3. Optic

    Optic Member

    Joined:
    Nov 10, 2014
    Messages:
    196
    Location:
    Hong Kong
    yep got full rvg after fixing all the things they asked to fix... And yes I extended my insurance and registration then canceled it after. The cheaper option is to get a flatbed to tow your car to the service center in the 37th month. Selling back for RVG is a good idea, considering whats happening with these insurance rates!
     
  4. dlty

    dlty Member

    Joined:
    Mar 1, 2016
    Messages:
    19
    Location:
    Hong Kong
    @MingMan, apologies for the late response. Since selling under RVG, I have not been active on this board. I am "in-between" my next Tesla.

    Yes, I did get the full value under the contract, minus excess mileage and repairs. Most of the repairs were done outside. I had a few paint chips (painted outside, much cheaper) and scratches on the leather seat (just get them painted, no need to change the leather!).

    When I signed up with Orix, I think I paid around 40% so a few weeks after selling under the RVG, I receive a small refund from Orix. That was nice.
     
  5. sush

    sush Member

    Joined:
    Apr 27, 2016
    Messages:
    15
    Location:
    Hong Kong SAR
  6. Evhk

    Evhk New Member

    Joined:
    Mar 24, 2019
    Messages:
    3
    Location:
    Hong Kong
    I returned my model S early Jan. Now found out from Tesla used car page that my car is selling 100K under my return value. Now I am glad that my car has been returned, and it looks like Tesla has a problem dealing with the returned inventories
     
  7. nick_735684

    nick_735684 New Member

    Joined:
    Apr 24, 2019
    Messages:
    1
    Location:
    Kowloon
    Hi All, having the same issue as above. The car went in for service in first 12 months due to almost exploding on charge. They fixed it all but claim I didn’t do an annual inspection so the RVG isn’t valid. However the terms of mine are more relaxed than the ones posted in this forum. Am in discussion to see if they will make an exception as the 2nd hand market prices seem quite awful at the moment on 28car.com.

    Am pretty irritated about this though. Anyone have any suggestion about best way to sell if we get stuck with it?
     
  8. panorama

    panorama New Member

    Joined:
    Jun 17, 2018
    Messages:
    1
    Location:
    hong kong
    hi , Where do you have the paint repair? Minor scratches repair must be done at Tesla approved body shops only for valid RVG? or any paint shop will do?
     
  9. harryohk

    harryohk Member

    Joined:
    Jul 6, 2016
    Messages:
    8
    Location:
    Hong Kong
    I'm about to exercise my RVG, and I'm getting my MS tidied up by Invo Autotec, 151-153 Hoi Bun Road, Kwun Tong. I haven't used them yet, but a friend has had work done on his MS and MX, and is very happy with them. The owner is Gilbert Chow, and he's very familiar with RVG requirements.
     

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