Tesla Owner Attempts Resale of Model S Signature Edition for Over $260K
The car was originally sold for $159,420 and carries a no-resale clause with potential penalties of $50,000 or more.
A limited-edition Tesla Model S Signature Edition is being listed for resale at $260,490 despite a no-resale clause that prohibits selling the vehicle within the first year of ownership.
What Happened
The Model S Signature Edition—one of 250 final units produced as a farewell variant marking the end of Model S and Model X production—is up for sale at J&S Autohaus in Ewing, New Jersey. Priced at $260,490, it represents a significant markup from the original purchase price of $159,420. Tesla included a no-resale agreement on all Signature Editions that would penalize sellers "the amount of $50,000 or the value received as consideration for the sale or transfer, whichever is greater." Deliveries began approximately two months ago.
Why It Matters
The listing tests the enforceability of Tesla's restrictive resale policy against a vehicle marketed as a collector's item. The Signature Edition bundles top-tier performance—roughly 1,020 horsepower and sub-2-second 0-60 acceleration—with exclusive cosmetic upgrades including unique Garnet Red paint, gold badges, white Alcantara interior with gold accents, carbon-ceramic brakes with gold calipers, Full Self-Driving (Supervised), four years of Premium Connectivity, and free lifetime Supercharging. For prospective buyers, the $100,000-plus premium over original pricing raises questions about long-term resale value and whether Tesla will take enforcement action.
The Bottom Line
The seller faces potential financial penalties under Tesla's no-resale clause if the company chooses to enforce it. Whether Tesla takes action on this listing remains to be seen.
