![]() ![]() The available Enhanced Autopilot feature offers driver assist features, including Automatic Emergency Braking, Front Collision Warning, Side Collision Warning, Autopark, Summon, and Auto Lane Change. Sleek, aerodynamically-designed, and revolutionary, the Tesla Model 3 isn't the typical sedan. This rear- or all-wheel drive, fully-electric car promises to shake things up. Feature Highlights: Enhanced Autopilot Safety Suite, 15-inch touchscreen with Wi-Fi Connectivity, heated seats, and custom driver profiles. ![]() ![]() Trims: Long Range, Long Range AWD, Performance.Performance: 271 horsepower, zero to 60 in 3.5 seconds.What could be better than that? What if we told you that these models are also priced lower than the brand-new Tesla models out there? That is just the beauty of shopping our used model inventory. No need for long waiting lists or special orders. Our pre-owned inventory of Tesla models gives you the chance to test drive and take home a Model 3, Model S, or Model X today. While that never happened, the move proved super successful because Tesla now has a lot of vehicles coming off leases, and used car prices are hitting all-time highs.Find the Right Tesla Model for Sale Near Dallas, TX This is increasing the automaker’s supply of used vehicles to resell.Īt first, Tesla said that the move would be to build a fleet of self-driving cars. We previously reported that Tesla changed its policy to now prevent anyone from buying their car after their lease is over. While Tesla doesn’t advertise its used cars, it has the advantage of having great control over the inventory. Since Tesla doesn’t advertise, delighted used car customers are our version of Super Bowl commercials. They are distributed across North America, ensuring every used Tesla meets our quality standards, so we can delight every customer at the point of delivery. The executive added about Tesla’s used car team: Tesla’s used car business would have an annual run rate of over $1 billion if it’s about 20% of that line item.ĭouglas made a comment promoting a new job listing posted by Alex Liebl, manager of Tesla’s Used Car Quality, as the team is expanding. It’s up more than 50% over the last year to $1.4 billion in revenue last quarter. However, that line item is going up fast. It is impossible to confirm if Tesla’s secondary car business is worth that from public filings since the automaker files the business under “service and other” in its revenue report. The executive is likely comparing it to companies like Carvana and AutoNation, which are worth between $4 and $6 billion. It’s as big as some publicly traded used car retailers you’ve definitely heard of, despite no Super Bowl commercials or wacky waving inflatable arm flailing tube men. Most people don’t realize that Tesla runs its own vertically-integrated, nationwide online used car retailer. ![]() Tesla’s used car business is now so big that Jimmy Douglas, director of sales and delivery operations at Tesla, claims it is “as big as some publicly traded used car retailers”: Operating its own dealership gives the automaker strong control over its used vehicles as owners upgrade or vehicles come off leases. This has a tremendous and obvious impact on its distribution and service organization, but it also has a lesser-known impact on how it manages used cars. It doesn’t use the third-party franchise dealership model. Tesla operates all of its stores, service, and delivery centers. Many factors separate Tesla’s business from other automakers, and its direct-sale model is one of the biggest – and probably the one that other automakers are most jealous of. Tesla claims its used car business is “as big as some publicly traded used car retailers,” and it is expanding fast. ![]()
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