Tesla updates used-vehicle policy ahead of receiving massive influx of leased vehicles
Electric vehicle manufacturer Tesla Motors has updated its ‘certified pre-owned’ (used) vehicle policy this week. The changes have been made to the policy by Tesla Motors to stop ‘refurbishing’ of its used cars in the wake of a massive influx of leased vehicles coming back to the company because their 3-year leases are coming to an end.
The vehicle lease program was started by Tesla Motors in 2015. Under the program, the electric vehicles leased by the company are bought back, and are made to undergo a ‘recertification process’ in order to ensure that they are on point, including cosmetic repairs, if required.
After passing the vehicles through the ‘recertification process,’ a new 4 years contract and 50,000 more miles are added by Tesla for the more recent used vehicles.
So far as the older used cars are concerned, Tesla introduced a new type of warranty in 2017. Under that, the vehicles get a new two years and 100,000 miles (160,000 km) maximum odometer pre-owned limited warranty, along with round-the-clock roadside assistance.
Meanwhile, as a result of Tesla’s recently updated used-vehicle policy, some of the used vehicles listed by the company now come with a ‘Not Refurbished’ warning which says that the vehicle “has passed a 70-point mechanical inspection and will be cleaned before delivery.” The warning also adds: “If you would like any additional work that is not covered under your warranty, we can help arrange service after delivery for an added cost.”
Ahead of the official unveiling of the BMW iX3 SUV at the 2018 Auto Show in Beijing this week, German automaker has shared a teaser video for the new vehicle, which is being considered a part of the automaker’s X SUV line-up.
According to a survey carried out by AAA, the adoption of electric vehicles (EVs) is encouragingly on the increase in the United States, with 20% Americans having expressed the possibility of going electric when they buy their new car.
In a new massive energy storage project in the UK, battery packs of BMW i3 electric car have been used for connecting to the UK National Grid.
In an announcement made via a recent press release this week, Utah-based startup Nikola Motors -- which develops electric vehicles (EVs) and hydrogen fuel cell trucks -- said that it has secured a new funding of $100 million for bringing its vehic
Electric vehicle manufacturer Tesla Motors has recently rolled out a much-awaited software update for its Powerwall 2 home battery pack.
With German automaker Audi’s electric vehicle (EV) efforts now underway, as is evident from an early peek at its first mass-produced electric car -- the ‘e-tron quattro SUV’ -- in Berlin recently, a Digital Trends report has revealed that the auto