All right ladies and gentlemen, welcome back to the channel! My name is Jeremiah, and today we are diving into the topic of Tesla‘s extended warranty options. If you’ve been living under a rock and haven’t heard about this, let me fill you in on all the details.
Tesla recently launched extended warranty options in the U.S for qualifying vehicles, and there seems to be a lot of confusion surrounding what it covers and who is eligible. So, let’s break it down.
First things first, in order to be eligible for the extended warranty, your Tesla vehicle must still be within its basic vehicle limited warranty. This is the four-year or 50,000-mile warranty that comes with the vehicle when it’s purchased new. If you bought your Tesla used from a third party or private seller, you may still be eligible, but it’s best to check in the Tesla app under upgrades to confirm.
Now, let’s talk about the price. The cost of the extended warranty varies depending on the model of your Tesla. For the Model 3, it is priced at $1800, for the Model Y at $2000, for the Model S at $3100, and for the Model X at $3500. This price will cover you for two years or 25,000 miles, starting from when your basic vehicle limited warranty ends.
But what exactly does the extended warranty cover? According to Tesla, it covers the repair or replacement necessary to correct defects in the material or workmanship of most parts manufactured or supplied by Tesla, excluding the lithium-ion battery and Drive Unit, which have their own separate warranty. It’s important to note that it does not cover things like upholstery, paint, shock absorbers, and more. You can find the full list of exclusions in the extended service agreement linked below.
So, is it worth it? Well, that really depends on your driving habits and how much peace of mind you want. If you’re a low mileage driver and don’t anticipate many issues, you may not need it. However, if you drive a lot and want that extra security, it could be worth the investment.
Personally, I am considering the extended warranty for my Tesla, but I still have some time to make a decision. It’s also worth noting that you can transfer the warranty to a new owner if you decide to sell your Tesla.
In conclusion, the extended warranty for Tesla vehicles is a personal decision that depends on your individual circumstances. It’s important to weigh the cost against the potential benefits and make an informed choice.
Let me know in the comments if you’re considering the extended warranty for your Tesla, and don’t forget to like and subscribe for more Tesla-related content. Thanks for watching, and I’ll see you in the next one. Peace!