26 Dec '14, 3pm

Trying To Grow The Business, Tesla China Begins Accepting Customer Trade-ins

In the burgeoning Chinese marketplace where Tesla has had its ups and down already, the California automaker is working with used car traders to purchase customers’ existing vehicles so they can apply the money toward a Model S. The cooperative agreement is for now in Beijing, Shanghai and Hangzhou and Automotive News reports the value of the used car will be deducted from the cost of the $104,000-and-up Model S. This latest used-car trade-in deal follows this month’s resignation by the head of China operations Veronica Wu after less than nine months on the job. Wu herself replaced Kingston Chang who was hired by Bentley of China. Tesla has priced the Model S with only unavoidable duties and transportation fees to try and offer an unusually fair deal, it says of a country where surcharges on top of surcharges are more the norm. SEE ALSO: Tesla Announces Online Chinese Desi...

Full article: http://www.hybridcars.com/trying-to-grow-the-business-tes...

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