Few people associate Tesla Motors with the classic shady dealings of a used-car lot, but the electric-vehicle maker may be moving in that direction with its Model S. The California-based company very publicly guaranteed buying back its electric sedans from any owners who wanted to get rid of them after three years of ownership. The first of those vehicles could start rolling back in as early as spring 2016, Automotive News reports, which is why Tesla is working on a certified pre-owned vehicle-s
Time is money, and when it comes to the well-heeled folks who can afford to buy a Tesla Model S luxury electric sedan, that time becomes all the more expensive. That's the explanation behind an iSeeCars survey that found that a typical used Model S is priced higher than the new ones coming from the factory, Forbes says.
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
As gasoline prices start to dip, so too are the values of fuel-efficient used vehicles. According to Kelley Blue Book, prices on fuel-sipping used autos increased by roughly 25 percent throughout the first 20 weeks of 2011, but that, "values for fuel-efficient used vehicles have now peaked." If you're out shopping for new used wheels, KBB has good news for you in that prices for used compact, subcompact and hybrid vehicles have "started to decline." Some KBB analysts even see these values dippin
We reported just two days ago that General Motors would be making its entire Certified Used Vehicle inventory available for sale on Cars.com. Today the General announced that each of those vehicles will now be sold with the same 5-year/100,000-mile powertrain limited warranty that's included with the purchase of a brand new 2007 model. The warranty for these vehicles that range in model year from 2002 to 2006 begins with their original in-service date and is fully transferable, as well. Just lik
While sales of fuel-efficient cars and even small SUVs have been up, Americans who previously purchased mid-sized to large SUVs are finding it increasing difficult to sell individually or even trade them at dealerships.