The Tesla Model S, is, despite the company's somewhat
, a brilliant car. It also happens to be electric.
It's also quite in demand. So what to do now that your Tesla [NSDQ:TSLA] Roadster has been superceded as the coolest production EV around?
Trade it in!
That's right, Tesla Motors will buy back your Roadster
, giving you the cash you need to turn around and buy a Model S.
How much will you get for your Roadster? That depends on its condition and equipment, of course, but Tesla is seeking to resell the cars for $70,000 to $90,000, so you can likely expect something like two-thirds to three-quarters of that.
At the upper end, that works out to about enough to buy a 60 kWh Model S ($69,900), or get most of the way toward the 85 kWh Model S Performance ($94,900) you know you really want.
Perhaps most interesting about this program, however, is that it's newsworthy at all. A carmaker taking old models as trade-ins on new ones? What kind of sorcery is this?!?