TESLA — Tesla is offering guaranteed second-hand prices for new electric-vehicle owners in the United States, China, and Japan, according to a statement from the company.
The offer, which will be available for a limited time, is part of a larger push by Tesla to help consumers find better deals on new electric cars and help offset the cost of electric vehicles that will be on sale in the U.S. in 2020, the company said.
The company also said it will soon begin offering the offer to Tesla owners who own a second- or third-hand electric vehicle in China, with an offer to be made available for both vehicles.
The Tesla statement did not disclose any price details for the offer.
“This will allow us to get ahead of the curve in terms of our offerings and we expect to offer a variety of offers,” Elon Musk, CEO of Tesla, said in the statement.
“In addition, we are pleased to offer our customers a second chance to find a good price for their new electric vehicle.
We are committed to working with our customers to ensure the best possible price on our vehicles.”
Tesla says the offer applies to all new electric vehicles, including those sold in China.
Tesla declined to provide a breakdown of the price it will offer for the guarantee, but a Tesla spokesperson said it is “in the ballpark” of $1,200.
“We’re happy to be able to offer these guaranteed deals to our customers and we look forward to sharing more details on our pricing strategy,” Tesla spokesperson Kevin Wieder said.
Tesla is also working to make the guarantee available in Japan and the U., the company’s statement said.
“The U.K., France and Germany are the next markets we are looking to roll out our new guaranteed prices,” Musk said.
In addition to the U, China and Japan markets, Tesla is working to expand the offer in countries including Brazil, Australia, Brazil, Colombia, Costa Rica, Dominican Republic, El Salvador, Egypt, Greece, Honduras, India, Indonesia, Ireland, Israel, Italy, Japan, Korea, Malaysia, Mexico, Morocco, New Zealand, Peru, Philippines, Portugal, Russia, Saudi Arabia, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, Ukraine, and Venezuela.
Tesla said it has sold more than 20 million vehicles in the three markets, and is currently working to sell at least one million vehicles annually in all three markets.
Tesla’s Model 3 and Model S cars are expected to go on sale this year.
“We believe we can help reduce our environmental footprint by helping customers find the right electric car for them,” Musk added.
“This is why we are working with a large number of third-party suppliers to help reduce carbon emissions and help consumers save money.”