Electric-car maker Tesla Motors Inc. has begun selling used versions of its Model S electric sedans on its website.
Now the option to “Buy Pre-Owned” shows up alongside the choice to buy a brand-spanking-new model.
A new Tesla Model S goes for between $75,000 and $105,000 before tax incentives, depending on the battery. Used Model S prices range from $65,000 to more than $100,000 depending on the car’s mileage and its battery.
The first Model S units were sold in the middle of 2012, and leases are generally for three years.
Many people have also traded in their Model S for the new all-wheel drive edition, a feature the company introduced last year, making a greater number of older Model S cars available for re-sale.
Tesla also offers a four-year or 50,000 limited warranty on its used Model S sedans.
The used Model S sales are important to Tesla to gain new customers, ensure residual values are stable and as a source of revenue.
