A Tesla’s residual value—basically the future value of a car after a certain amount of use—at one year is more than 70% of its original price, far higher than the value of any Chinese EV model at the same mark, according to an August report from a Chinese automobile industry group studying leasing and resales.
“Except for a Tesla, we won’t take any other pure battery car,” a Beijing-based second-hand dealer told auto blog gasgoo in August.
Ma said Tesla stands out in the second-hand market for this very reason, because it has developed a clear standard for pricing and inspecting its used cars, which are often still covered by warranties (link in Chinese).
“Except for a Tesla, we won’t take any other pure battery car,” a Beijing-based second-hand dealer told auto blog gasgoo in August.