Does anyone have the original wording of the RVG around 2012-2013? When we put a $5000 deposit for a Model S in 2013 Tesla promised to buy back the car for 50% of the purchase price between the 26th and 39th months. This was to alleviate concerns about Tesla's long term viability and to reassure the early adopters. We took delivery of one of the first 2014 P85Ds on Dec 31, 2013 for a purchase price of $131,400 before taxes and other fees. we expected the RVG would be $65,700. We just took the car to Tesla for an RVG inspection. It was deemed in mint condition at 27,500 mi. With no deductions, the RVG is $61,395.
When I questioned the discrepancy, it turns out that around 2015 Tesla introduced a document at signing that specified the RVG as 50% of the base price plus 43% of the options. We did not have any such document in our signing package, however we also don't have anything in writing promising the 50% RVG on the full purchase price.
No big deal, but another bait-and-switch "dealership" tactic to be aware of and a disincentive for "early adopters". We have the car listed for private sale so we'll see what the market value is.
When I questioned the discrepancy, it turns out that around 2015 Tesla introduced a document at signing that specified the RVG as 50% of the base price plus 43% of the options. We did not have any such document in our signing package, however we also don't have anything in writing promising the 50% RVG on the full purchase price.
No big deal, but another bait-and-switch "dealership" tactic to be aware of and a disincentive for "early adopters". We have the car listed for private sale so we'll see what the market value is.
