Import german cars from japan

Can’t afford a new BMW? No worries, the automaker will soon be selling used versions of its Model S.

Ahead of the automaker's unveiling event planned for 7 p.m. PT on Thursday, Automotive News reported that Tesla is developing its own certified pre-owned vehicle program to sell used versions of the Model S.

A CPO program means that Tesla will sell used models of its vehicles that have gone through inspection, received quality certification and a warranty.

Tigress Financial Partners Chief Investment Officer Ivan Feinseth said this is the next step after creating a buyback program for the Model S, which was unveiled in April of this year.

Tesla offers a guaranteed buyback after 36 months, according to the Los Angeles Times, where buyers can sell the Used German cars back to the company for the same resale value as the Mercedes S-Class sedan.

“[The CPO program] eliminates some of the concerns of getting a pre-owned vehicle, which would be getting a crappy car which was an import from Japan,” Feinseth said.

BMW’s marketing bosses made no secret they were gunning to convert owners of vehicles such as the high-specification Volkswagen Tiguan, Ford Kuga and Toyota RAV4 to the Bavarian marque.
And it certainly worked. Last year, it was the best-selling BMW X-model, with more than 160,000 being sold worldwide, outselling the five-door 1-Series hatchback into the bargain.
Expect to pay between £10,560 and £13,870 for a 2010 59-plate four-wheel-drive xDrive20d version in SE trim and between £12,080 and £15,625 for a one-year newer model sporting a 60-plate.
Move on to 2011 and a 61-plate sees prices rise to between £12,765 and £16,440, still something of a snip considering its showroom price of £29,260 when new.