A new electric-vehicle maker is offering guaranteed second-hand prices for its products, in what may be the first time a manufacturer is offering such a deal.
Tesla’s new Guaranteed Guaranteed Deal, or GTdeal, is similar to one offered by carmaker Ford Motor Co., and offers guaranteed prices for a limited time.
It is similar in many ways to a limited-time offer made by rival Honda Motor Co. in its latest offering, the Honda Deal.
The Honda Deal, which has a minimum purchase price of $5,500, also includes a 30-day money-back guarantee, along with a 90-day credit against any additional charges.
But Tesla offers a guaranteed secondhand price, offering $2,000 to $3,000 less than Ford and Honda, according to a statement from the company.
For a limited period, all cars purchased at the GTdeal will be delivered to you on time, with no service fees.
You will also receive a guaranteed first-time car price for the vehicle and will receive the car upon receipt of the vehicle, the company said.
To qualify, the GTdeals offers must be made within 30 days of the end of the current GTdeal offer, the statement said.
It also said that customers must be 18 years or older and reside in a United States state.
After the 30-days window, the price will be reduced by $1,000, and the guarantee extended to 30 days, the statements said.
The offer is valid for the current and succeeding calendar years, and it is subject to the availability of financing, the companies said.
Tesla said that it will announce the terms of the guarantee within 30 to 60 days.
In a statement, Tesla said it was offering a limited guarantee to make sure it was making a good-faith effort to meet the requirements of the law.
Tesla is trying to make the deal more appealing to its customers, said Steve Levitt, Tesla’s general manager of automotive services.
“We believe in a fair business deal that delivers the goods,” Levitt said.
“If there’s a guarantee and there’s no guarantee, we’ll offer it to our customers.
If there’s not a guarantee, the best we can do is give them what they paid for.”