For the past several months, Ken Harvey has been cultivating a budding side business for his Honda and Mazda dealerships in Northern California: selling used Teslas.
A few times a month, Harvey picks up a few pre-owned Teslas at a local automobile auction and offers them for sale, often at surprisingly affordable prices, thanks to a US$4,000 (RM17,971) federal tax credit that customers get for purchasing used electric vehicles priced less than US$25,000 (RM112,322). Some consumers who qualify for state incentives, he said, end up with used Model 3 sedans for well under US$20,000 (RM89,858) – less than half the cost of a new one.
