Published on October 19th, 2012 | by Shellee Tyler0
Tesla Motors Accepting Roadster Trade-ins for New Model S
There’s some good news for all those Tesla Roadster owners out there that have their eye on the new Tesla Model S.
Tesla has announced it will start a buyback program to help the roadster owners who want to trade in their old ride for a Model S. In some cases, the new owners could even ride away with extra money in their pockets.
Here’s more one the news from AutoblogGreen:
The California-based electric-vehicle maker is starting a buyback program in which owners of the company’s first car, the Roadster, can trade it in for credit against the purchase of a Model S sedan, the San Francisco Chronicle reports.
Tesla made about 2,500 Roadsters, with chassis bits provided by Lotus, between 2008 and 2011. The company estimates that it could sell Roadsters for anywhere from about $73,000 for a four-year-old model to about $93,000 for a 2010 model with low miles. Owners paid upwards of $109,000 when they were new.
The new Tesla Model S has a price range from $50,000 to around $100,000 depending on the options desired. This is a new start for Tesla dealerships and may help those who wanted a Roadster but couldn’t budget the full price at the time.