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16Tesla's vehicle buyback program could yield $368m profit in 2016

Good news, everyone. If we can manage set aside about $37,000 over the next couple of years, a Tesla Model S, a used one, will be ours. That's one of the findings in a Bloomberg Industries study on Tesla's financing, vehicle buyback and resale programs. With the typically unconventional Tesla Motors eschewing the traditional lease program and guaranteeing to buy back used Model S vehicles at a pre-set price, the company could generate $368 million in revenue from used vehicle sales in 2016, Bloo

AddKBB: Used hybrid prices jump 6% in February on gas-price surge

Used hybrid-electric vehicle prices jumped six percent in February, Kelley Blue Book said, adding that used hybrids and fuel-efficient compact cars could see a 20 percent hike in resale values this year.

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