Tesla Australia Announces Guaranteed Buyback Program

Tesla Australia has announced a new financing program for its local customers, promising a guaranteed buyback value at the end of the ownership experience.

Called 'Tesla Resale Value Guarantee', the carmaker says the program will “assure Australian customers that the future resale value of Model S will be among the highest of any premium sedan made in volume”.

If customers decide to take up the offer, their base model Tesla Model S 60 will be bought back by the retail store for 50 percent of the base price between months 36 and 37 of ownership.

Options, including the ‘option’ to upgrade to the Model S 85, will be repurchased at 43 percent of the base price after 36 months.

At this stage, the buyback program is only available to eligible new Tesla customers who purchase their cars through Tesla’s finance partner (Macquarie Leasing).