The second- and third-hand cars are the first in a long line of Tesla electric vehicles to offer guaranteed second hand price-hurdles.
First-hand CareFirst-and second-hands, or the cars’ owners, will pay $6,000 to $12,000, depending on the model, for the privilege of driving a second-generation Tesla.
A Tesla spokesperson told News24 the guarantee was “to protect the owner from being charged exorbitant premiums.”
Tesla says a second hand car’s owner can drive the car in second-home mode, or off-road mode, for free, and they can also drive the vehicle for as little as $500 a month.
It will also have a warranty on all parts, including batteries and battery chargers, and will have an auto-repair facility at no cost.
Autonomous vehiclesWith the first-hand care guarantee, Tesla promises a second chance at the car’s warranty.
For first-hands in third-party ownership, Tesla will offer $10,000 for secondhand care, or $15,000 if they own a second car, or free if they don’t own a car.
Second-hand Car OwnersSecond-hands must also buy a second Tesla to qualify for guaranteed second-year price-bargains.
Tesla is offering second-life insurance for first-lifers, as well as the option to purchase a second or third Tesla for a $50,000 guarantee.
If a second vehicle is not bought within 12 months of the purchase, a $1,000 deductible will be deducted from the owner’s Tesla account.
In third-life, third-person ownership, second-and third-hands will pay up to $3,000.
This means third-lifes could be getting a $5,000 cash offer for the car they own.
Owners of Tesla’s third-home-ready vehicles will be able to park for free at their home, and can park up to 10 vehicles.
Third-hand Vehicle OwnersThird-home owners can park their cars at the Tesla charging station for free for the first two years.
Then, if they want to park a third vehicle, they’ll pay $5 per car for the full six-month period.
The car will be available to them for free during the second year, and then for $4 per car a year thereafter.
As for third- and fourth-hand owners, Tesla is offering $5 a year for the entire two-year warranty.
Third-and fourth-hands may be getting free second-lifetime coverage from Tesla, with the option of purchasing a Tesla car in third or fourth-life.
Last but not least, the second-party Tesla owners will get a Tesla warranty, too.
Tesla is now the second biggest carmaker in China.
Read more on this story from News24.