Already offered in countries such as the UK, the scheme is being extended to Austria, Switzerland, Sweden, Denmark and France, with Tesla saying that the move comes in recognition of the fact that many European drivers prefer to lease their automobiles, personally or through their company.

The Resale Value Guarantee works in combination with a loan or a hire purchase from select partners and guarantees that the resale value of the Model S between months 36 and 37 will be among the highest of any premium saloon made in volume.  

The carmaker added that customers benefit from numerous cost savings including compelling monthly payments, market incentives, the ability to use Tesla’s Supercharger network for free for long distance road trips and zero petrol costs.