Tesla extended warranty worth it.
Pros of Tesla Extended Warranty.
Tesla extended warranty worth it. For 9 people, the extra repair cost is $0.
Tesla extended warranty worth it Attached Files: IMG_4157. Below are some factors to consider when evaluating the When I got my DWS-06 Plus on my Tesla, the warranty was an extra $27 per tire. There were times, where becuase of potholes, I had to get all 4 tires replaced under warranty within about a year Extended warranties are not normally worth it. 5 KB Views: 8. What was it like experience like from start to finish? Choices for Extended Warranty on 2015 Tesla. Greengolfer Member. I would perhaps consider comparing the common repairs that arise for the vehicle with what's actually covered by the extended warranty to make sure that they're covered by the warranty. One may debate whether it’s worth getting Protect your investment with a Tesla extended warranty. So you cannot buy a two year and then upgrade it to a four year. That means, either taking the payments you've been making for these extended warranties and setting that aside in a savings account, or - if you have the means, simply accept that you'll pay for some repairs some day. Tesla's extended service agreement for a Model 3 adds 2 years or 25,000 miles of coverage for most items for $1,800 with a $100 Tesla Extended Warranty - worth it? General Just wanted to get everyone’s thoughts on the Tesla extended warranty and if they’re worth getting? I got an Audi extended warranty for my Q7 and that has been worthwhile as I had to have my climate control fan unit replaced. Learn when it is worth getting a Tesla extended warranty and when it is not. Tesla offers an extended warranty for some cars that are still in warranty. And yes it is totally worth it. For 9 people, the extra repair cost is $0. Some say it's not worth it, some say it's a bet, and some say it's a piece of mind. Basically, the warranty is a bet: I bet the car will break for >$2k within the warranty period, and Telsa is betting that it won't. The lack of an extended warranty option from Tesla bugs me. It may help you with your decision. In this case, the Tesla ESA (Extended Service Agreement) is an extended warranty, they Hi all, I have 30K miles on my 2018 X. Extended Warranty provides your vehicle with protection in case of electrical or mechanical failures and your vehicle requires repair or replacement of a part for a reason other than wear and tear, normal deterioration or negligence. I want it to last 10 years and 100,000 miles. Mar 3, 2020 #20 Mar 3, 2020 #20 Just a side note: If your Tesla has over 100,000 miles on it, they don't have coverage for you It is interesting that Tesla hasn’t offered an extended warranty yet 2 years in. Is It Worth It? This warranty is probably better for the Model S and Model X vehicles from 2020 or before that haven't reached the lifetime warranty yet. If you don't opt for an extended warranty, you might Another factor to consider when purchasing an extended warranty is the cost of missing out on the return on your investment principal. Which seems silly. Learn more about the Extended Warranty. Here’s a breakdown: For comparison, Honda's "extended warranty" (actually, extended service agreement) adds 5 years or 84,000 miles of coverage for most items to the 3-year/36,000-mile new vehicle limited warranty for $1,400 with a $0 deductible. 5x the average repair cost, and the opportunity cost of not investing the money spent on the warranty is 20%, it ~ follows that the breakeven point is 0. It's got about 12000 miles on it as of now. 2017 model S75 The ESA paid for itself easily. Not really worth it unless you are really unlucky to have to shell out more than $3800 in repair out of that 21K additional mileage. While the upfront cost may seem significant, considering the complex technology and I will be getting the Tesla extended warranty on the ~46k one. They are not super expensive in the grand scheme of things Understanding the Tesla Extended Warranty. So, sometimes extended warranties pay off, but statistically, that Tesla extended warranty. Averaging 32,000 miles of driving per year, Tesla’s extended warranty will last me a whopping 18 months. ucmndd. Apr 8, 2024 #2 Apr 8, 2024 #2 I believe you can buy it later as well, also really depends on how long you plan to keep the car For Tesla, you can buy the extended warranty until the manufacturer I’m in the process of buying a 2016 car with 40,000 miles from Carvana. Do You Need a Tesla Extended Warranty? Tesla will not deal with non-Tesla warranty plans. Now that Tesla has manufacturered over 150k cars on the Model S sled (including Model X), I am confident that mechanical and design quality has become much more reliable. I am debating getting the extended warranty from Tesla. A forum discussion where owners share their opinions and experiences on whether to buy Tesla's extended warranty for their Model Y cars. The extended warranty costs $1800 for a Tesla Model 3 or $2000 for a Tesla Model Y. As is most things, that comes down to personal choice. We’ll cover To make the extended warranty worth it its best to do a bunch of fixes at once so you only pay the deductible once. It also was a great selling feature for the new buyer of the car as it gives them peace of mind. The owner is responsible for a $100 deductible for each service visit. com/tesla Tesla cover them extensively so any extended warranty will have to pick up that. One of the biggest benefits of purchasing the extended warranty is the peace of mind it offers. I was really just responding to the “never” in your post. Pricing is difference for each Tesla model: Model S: $3,100 Model X: $3,500 Model 3: $1,800 Model Y: $2,000. We would like to show you a description here but the site won’t allow us. It Tesla has launched new extended service warranties for its electric vehicles that can be purchased straight from its mobile app. Repairs out of warranty can be very expensive on a Tesla (think $1,200+ a pop). Personally, I’ve faced no issues with my Tesla post-warranty, but everyone’s The critical things: motors and batteries are warrantied for 8 years, but the Models S and X have a lot of gadgets that are expensive to fix. Had either one of my front seat replaced under warranty with both of my X. Which gets us to the troubling (to me, anyway) future prospect of 8-year-old and older Teslas, which have no warranties of any kind. pdf I'm trying to figure out if it's Tesla has officially launched its extended warranty program in Canada for owners of the Model S, Model 3, Model X, and Model Y. and don't remember the exact mileage amount). Trying to decide if I should buy the new extended warranty on my 3. Extended warranties are only worth it if something covered goes wrong during the coverage period. I'd suspect it'll be a struggle to find one worth it. Jul 11, 2023 445 272 Canada. Honda replaced it for free, under the extended warranty. Question; Getting Xcare extended warranty early on. Hello everyone, I have a question about Tesla’s extended warranty for the Model Y which costs $2,000. Factory warranty runs out in a few weeks. Explore whether a Tesla extended warranty is a smart purchase for your vehicle. Model S Feb 9, 2025. Trying to decide if I should take the extended warranty they offer. Didn't pay a penny (though according to the terms I should have had to) for any service on the car, and The Extended Service Agreement covers the repair or replacement necessary to correct defects in the materials or workmanship of most parts manufactured or supplied by Tesla during the coverage period, excluding the lithium-ion battery and drive unit. Attachments. Even a dead battery is worth something and someone would pay for the car and put in a new or reconditioned battery from Electrified Garage or something like that. 9 KB · Views: 1,322 Tesla ESA Exclusions. I would say 63K is still in the safe zone side. Apr 5, 2023 #2 Extended Warranty provides your vehicle with protection in case of electrical or mechanical failures and your vehicle requires repair or replacement of a part for a reason other than wear and tear, normal deterioration or negligence. I'd think if it's like other MB warranties, it covers out to 5 years. With a few other claims we definitely made our money worth. My personal mantra was either "I want the warranty from the You can now get a Tesla Extended Warranty through the Tesla app. Tesla Extended Warranty Cost. 6 out of warranty my tesla dashboard quotes $2,100 for the 2-year extended warranty or $4250 as the 4 year extended warranty price. Think of it this way: Tesla thinks there will be significantly less than $2,000 worth of issues on the average vehicle over those two years. I was handing my M3P to my daughter and wanted piece of mind of not having to worry about having to repair her car and picked up an extended warranty from @Xcelerate/XCare. Google " How much is a Tesla extended warranty" and look around at the results. I was focused on the extended warranty piece and carelessly added the battery cost, which remains under the battery warranty for 8 years, even if the general warranty expires earlier. So it still would have value. If you’re planning on keeping the car long-term, I would recommend splurging on an extended warranty, as Tesla’ are notorious for their small issues, which won’t render the car dangerous, but are enough to annoy you. Other models do not have an available vehicle service contract. Is the Tesla Extended Warranty a Good Investment? The answer is both YES and NO, and it largely hinges on your individual circumstances. Worth it? Discussion in 'Model Y' started by TV man, Apr 5, 2023. CarMax offers four deductible choices: $50, $200, $400, and $600. harrison57; Jan 22, 2025; We reinvented the Warranty industry, by designing the first and only Extended Warranty for Electric Vehicles, and created a claims process specially designed for the “direct-to-service” model (like Tesla Service) by walking backwards I am purchasing a 2021 MB A35 AMG. Find out how reliability, repair costs, and ownership duration affect your decision. If No. Explore coverage options and drive with confidence. First, they weasel out of so much when you go to use them that they are a false sense of security. CarMax Extended Warranty Deductible. I had a bad experience. Tesla is offering a more comprehensive Extended Service Agreement program, once again covering new vehicles with an extended warranty. Tesla has a leading powertrain warranty for eight years or If the warranty cost for 2 years of coverage is about 0. I would highly recommend ALL Tesla owners get the extended warranty if they plan on keeping the car past the 4 year 80k kms standard Tesla Extended Warranty Costs. Along with your deductible, your car’s make, model, age, and Make Additional CPO warranty coverage; Tesla: 1-year/10,000-mile bumper-to-bumper warranty* Genesis: 1-year/15,000-mile bumper-to-bumper* Jaguar Hi, Does anyone have any personal experience using the Xcare extended warranty. Let's pretend for a second that there are 10 Model 3's ever sold. Tesla ESA extended warranty specifically states on site you can only buy once. Is a Tesla Extended Warranty Worth It? I think you’re generally right especially in this instance where Tesla is selling a warranty for an additional 2 years or 25k miles for $2k. What Is It? Tesla’s Extended Service Agreement essentially extends Named Amber, the San Francisco-based company offers extended warranties to model year 2017 and newer Tesla vehicles. I have had quite a few issues with the car (minor and major) and had originally planned on keeping it for 8-10 years. We’ll break down what a Tesla Model 3 warranty covers, how much it costs, what your options are and whether a warranty is worth it in the long run. Pros of Tesla Extended Warranty. 162. I had it with my 2013 Model S that I bought from a third party. The extended care is another 3 year which equal to 21000 additional miles. They're probably expecting more like an average of $1,000-$1,500 per vehicle to build in their Technically speaking, extended warranties are coverage products that are offered by the manufacturer that extend the original manufacturer's warranty. https://digitalassets. Tesla only offers their extended warranties — which they simply call an Extended Service Agreement — on the Model S and Model X. Would have cost $5000 to replace. In general, an extended auto warranty is worth it if any of the following are true: Your vehicle has a bad reputation for reliability. For example, if you buy an extended warranty for $3,500 at the time of car purchase, assuming a relatively conservative 6% percent annual return on your investment, 8 years later that $3,500 would be worth about $5,600. I just hit 45,000 miles on my 2022 Model Y and am debating whether it’s worth it for an additional 25,000 miles of coverage, which would Is A Tesla Extended Warranty Worth The Investment? Yes, a Tesla extended warranty can provide long-term protection and peace of mind. The Extended Service Agreement covers the repair or replacement necessary to correct defects in the materials or workmanship of most parts manufactured or supplied by Tesla during the coverage period, excluding the lithium-ion battery and drive unit. The only car worth the warranty would be the X, it has the most potential for costly repairs. jpeg File size: 111. Plus no courtesy car cover or road side recovery. If you plan on keeping it a long time, it is probably worth it. However, deciding whether the Tesla extended warranty is worth it depends on your specific circumstances and preferences. It was my wife's car, and she insisted on getting it. What Does The Tesla Extended I put myself in my buyer's position: my car is at the end of its 4-year warranty and a CPO would come with extended warranty. The battery died when the car was outside the standard warranty. Issues Tesla Extended Warranty Worth it? Tesla, being one of the leading players in the EV market, offers extended warranty options for its vehicles. Tesla factory warranties are quite expansive, but the automaker offers an Extended Service Agreement (ESA) to cover failures beyond the warranty period. I ultimately decided not to purchase that. Since that time my out-of-pocket warranty expenses are: Rebuild/repair of two door handles (driver front We cannot discuss if the Tesla extended warranty is worth getting without first examining what’s included in the warranty. It actually worked out to our advantage. Understand the coverage options, costs, and benefits, and compare Tesla's warranty with third-party providers to make an informed If I were to purchase a Tesla Extended Warranty that would cover for up to 75k miles and in my case 1 extra year. Take your £x per month, put it in a savings account and take a I have a question about Tesla’s extended warranty for the Model Y which costs $2,000. Learn more about what's covered and how you can purchase the Extended Service Agreement. In general, the Tesla extended warranty is worth it. I also don’t typically buy extended warranties. All new Tesla Model 3s Absolutely worth it for me. One owner prior. Normally those are pure money makers for manufacturers/dealers because most people don’t end up spending that much on repairs during the warranty period. I've had one repair under that extended warranty ⬇️Must Have Tesla Accessories⬇️ Code: YOUTUBE for 10% OFF ENTIRE PURCHASE at Tesstuff!Buying a Tesla? Use my referral to get FREE Credits, Money Off, FSD, an. Bought a new Dodge Durango many years ago and the Dodge dealer sold me a third party extended warranty plan. Tesla Extended Warranty Details. However, as Bastin said the extended warranty now covers a lot fewer items than it did It's directly from Tesla, so I assume it's an extension of the initial 4-year warranty, which covers almost everything except wear and tear, right? No, its not an extension of the basic vehicle warranty Its an extended warranty product sold Tesla: 8 years/100,000 miles, 8 years/120,000 miles or 8 years/150,000 miles, depending on the model: 70%: Volkswagen: an extended warranty could be worth it. That says I've been running without the OEM factory warranty for over 3yr 8 mo. Aug 12, 2016 275 120 Highland,CA. 9 stars - 1273 reviews If you can afford to self-insure, then that's what you should do. X-Care ESA Exclusions. This year it attracted $3. Get peace of mind today! Tesla Extended Warranty - Most Comprehensive Coverage - Mileage Covered: Up to 200,000 miles - Longest Warranty Term: Up to 8 years - Money-Back atwratsmll 4. Peace of Mind. 9 of them don't need new ball joints and control arms from the end of the normal warranty + 2 years or 25k miles. It was for a Honda hybrid. 18 million in seed money from key investors co-led by You're right. Tags: extended warranties ; model y; Apr 5 Love them both. Also Tesla, as a "dealership" can produce sales My extended Tesla warranty cost ~3% of the cost of the car for 4 years of coverage. Not sure about S or X. tesla. Tesla does not offer anything currently on a Model 3 or Y. Maybe Tesla thinks they won’t make money on an extended warranty, which makes me want an extended warranty. Yeah I’m looking at a Model Y and my current concern is reliability. Here are the main advantages of opting for Tesla’s extended warranty: 1. When purchasing a Tesla vehicle, it comes with a standard four-year or 50,000-mile limited warranty, whichever comes first. Kia / Hyundai/ Genesis will warranty that, which is awesome. I likewise debated getting extended coverage, which at that time really meant the Tesla extended service agreement. We reinvented the Warranty industry, by designing the first and only Extended Warranty for Electric Vehicles, and created a claims process specially designed for the “direct-to-service” model (like Tesla Service) by walking backwards Yes, do most OEM NOT allow an extended warranty purchase AFTER any original from the factory OEM warranty has expired (and most don’t allow buying a warranty extension ever after say 60-90 days from purchase), Tesla Extended Warranty Exclusions and X-Care Exclusions are included below in attached files. I've already had to take the car in for service multiple times - including having the entire suspension replaced, FWD sensors replaced, and most recently, having the autopilot module Should I get the Tesla Extended Service Agreement (warranty) for my 2022 Tesla Model Y Performance or not? We go over all the details, what does it cost, how So the Tesla extended warranty is worth 2 years and 25,000 extra miles. The Tesla ESA runs for two years or 25,000 miles. This is IIRC the "new car 1st 180 days of ownership" price, so i may in fact be charged $2600 and $4750 or whatever is the after 180 days of ownership when I try to buy either, but for now it looks like I will get a small discount. Would’ve been $4000 each. Thinks like the Door handles not retracting, the main MCU developing a yellow hue around the bezel, odd creaks, etc. They've offered me this extended warranty but wondering whether it is worth it for a relatively "new" less that 2 years old, with that low mileage. Tesla’s extended warranties aren’t cheap, but considering the potential cost of out-of-pocket repairs — and the apparent lack of third-party options — they may be worth it. Personally, I don’t trust a third party plan. It’s $50 a month for 36,000 miles or 36 months. There are third party warranty companies, but I havent investigated that too much. I understand that there is a deductible for every repair and the up-front cost The Tesla extended warranty lasts for up to 2 years or 25,000 miles and covers mechanical breakdowns caused by defective parts or workmanship flaws. This new extended warranty program was first launched in the US in March, but it has Did you buy extended warranty? Do you think it is worth buying for just delivered MYLR 2024? Technokrat Member. Second, the expensive bit is the battery and that will still be under warranty for a total of 8 years or 120,000 miles. So for me they weren't worth it. I've purchase two extended vehicle warranties twice in my life and both times nothing went wrong with the vehicles. It's a simple rule. You pay for the repair out of pocket and then submit a claim with the non-Tesla warranty plan to seek repayment. As @Ed Woodrick pointed out, most extended warranties are money pits for owners. It costs $4,000 which backs out to $222/month over 18 months, plus a $200 per item Yes, a Tesla Model 3 extended warranty is worth it. H. Makes the car 63K in mileage at the end of the extended warranty. Some people don't purchase it until right before their 4 year original warranty is done. I just hit 45,000 miles on my 2022 Model Y and am debating whether it’s worth it for an additional 25,000 miles of The Tesla Extended Warranty can be purchased online any time before the 48 months and 50,000 miles (80,000 kms) Tesla Factory New Vehicle Limited Warranty Looks like it, but its not really worth anything, big ticket items like suspension, lights, aircon are excluded, as is any 'wear and tear'. Before diving into the discussion, let’s clarify what the Tesla extended warranty entails. pdf. But one does. The cost of a Tesla extended warranty varies depending on the provider, your Tesla model, and the length of coverage. Drod9399; Feb 8, 2025; Model S; Replies 8 Views 372. For my next Tesla, I do not plan on purchasing either the extended warranty or service plan. But if you aim to lease an I would to look into Tesla's Extended Service Agreement, but for some reason it says you cannot purchase it if you got the car from a third-party dealer, which is pretty odd?Curious as to why that would be the case. I believe a door handle on a Model S is something like $600 out of warranty, and fixing a problem with Falcon Wing Doors probably involves selling body parts. If they don’t trust it’ll be trouble free past 4 years, maybe I should just lease it The factory warranty ends this March, and the additional 1-year/10K mile warranty tacks on after that - putting my X officially out of warranty in March 2025. exojwaputnowwphhckenkclscthkevqkspnbpscvebcndhxchpcaecttyiegokemirdywzsx
