As the Tesla Model S and Model X cars get closer to rolling off the production line, the company has begun offering its own second-hand inventory to help its customers make more money off their loans.
The first-hand Model S cars, which go on sale in 2019, have been available for a few weeks to customers who pre-ordered their vehicles, and the company says it has now launched its own inventory on its website, thetesla.com.
The website also now includes a number of tools for loan servicers to offer loans on Tesla’s cars.
The company says the first-person loan option has helped more than 1,000 customers in the U.S. make between $250 and $500 on their Tesla loans.
Tesla says that it has also helped over 500 Tesla owners who have made their loans to the company.
As the company notes on its site, a loan for a second-handed Model S costs less than $250, while a first-time loan can be much more expensive.