TESLA offers guaranteed second hand prices for two-wheelers in China, which means you can buy the same electric car with cash for half the price of a comparable Tesla Model S. But the promise is only if you can get a “high-end” second hand car for half price.
Tesla is currently offering a new model called the “EV2” with a price tag of £35,800 (AU$54,700).
That’s a lot cheaper than a Tesla Model X, which retails for £60,800 in the UK.
“If you want to get an EV2, the best deal is to go for a Teslas second hand, and get a Model S,” a Tesla spokesperson told Business Insider.
The first thing you should know about electric cars in China is that the state-owned vehicle manufacturer does not want to share its product with anyone else.
Tesla’s first Model S came to the market in China in 2009, and it has since sold more than 7 million units.
Tesla has also been heavily investing in its China operations, and in 2015 it announced it was buying a new battery factory in Beijing.
Tesla’s China production capacity is expected to be double the UK’s, and the company expects to make 100,000 EVs in 2019.
According to the company’s Chinese website, the second-hand Tesla EV2 is expected in 2020.
What is the price difference between Teslas and Model S?
There are no official figures on the difference between the two, but it is not unusual for the price tag on an EV to go up or down depending on the model.
One Teslas warranty is limited to the first 50,000 miles of ownership.
That means if you buy an EV at Teslas, you have to buy a second one at a higher price to make up for the loss of warranty miles.
The second one is also limited to 100,001 miles.
That means if the warranty has lapsed, the price for a second Tesla EV is expected the same as the first one.
Are there any restrictions on selling second-handed electric cars?
Teslas are not allowed to sell the secondhand Tesla models on Chinese car-buying sites.
There is a requirement for a “second hand” car that is “not guaranteed to be used for a limited period of time”.
The company also does not allow third-party sellers to sell second-heaviness Teslas.
However, if you are selling a second-used Teslas for cash, the dealer will let you sell it to them for cash.
That would be the same deal as buying a second car from a dealer, but with less warranty miles, according to Tesla.
Is the second hand warranty valid?
Tesla says it has been able to provide the second car with “full, valid warranty” on a second hand model for about three years.
Will the second Tesla Model 2 ever come to the UK?
There has been speculation for some time that Tesla might be considering a second production line in the country.
The company is currently focusing on producing more of the Model S in China than in the US.
If Tesla does indeed decide to build a second factory in the United Kingdom, the company would have to get clearance from the government to build it.
It would also have to convince the UK government that the Model 2 is not a “safety hazard” and is actually a more practical choice for many British motorists.
Tesla did not immediately respond to a request for comment.