Tesla Motors Sells Used Model S Cars Online, from Tech News Today.
The used car segment is an area that offers a lot in terms of profitability for Tesla
The famous electric car maker, Tesla Motors Inc., has now started to sell the used versions of its Model S, through the company’s official website. This move is being considered vital for Tesla as it is in the transitionary phase, from a startup to a mature automobile brand.
The certified vehicle program was launched by Tesla during the last week. Through this scheme of selling used Tesla vehicles, it tries to capture the segment of market that could not afford to buy a brand new Tesla vehicle previously. Through this program, it will sell its used vehicles after undergoing a few maintenance and reliability checks. As an industry norm, Tesla has offered a warranty of four years or 50,000 miles for its used electric vehicles
The certified vehicle sales are quite an effective way for automobile manufacturers to present their old vehicles in a new way. The evidence for its success can be traced from the experience of the powerful brands such as Mercedes and BMW. This helps to increase the salvage value of these vehicles and also lowers down the lease price for new vehicles.