Tesla Introduces Ongoing Warranty Extension Plan Within U.S. Borders
**Tesla Launches Monthly Subscription for Extended Service Agreement in U.S., Canada Offers Comprehensive Third-Party Warranty**
Tesla has rolled out a new monthly subscription offer for its Extended Service Agreement (ESA) in the United States, while Canadian owners have the option to avail of a third-party extended warranty from CBI & Finance, offering extensive coverage for their electric vehicles (EVs).
The Tesla ESA subscription, accessible through the Tesla app, provides up to four additional years or 100,000 miles of protection, but it does not cover repairs stemming from accidents or unauthorized modifications. The monthly pricing for the ESA subscription is $50 for Model 3, $60 for Model Y, $125 for Model S, and $150 for Model X. However, it's important to note that the subscription is only available for vehicles still within their Basic Vehicle Limited Warranty period.
In contrast, the third-party extended warranty offered by CBI & Finance for Tesla owners in Canada provides comprehensive coverage, including battery and drive unit protection, roadside assistance, towing, rental car coverage, and coverage for audio, visual, navigation, and suspension parts. This warranty applies to all Tesla models and includes unlimited kilometers coverage, complimentary battery coverage, 24/7 roadside assistance and towing, complimentary rental replacement car, and coverage backed by a reputable company with warranty on high-voltage battery services for up to 20,000 miles.
The coverage also extends to battery repair, replacement, and upgrades, making it a strong protection option for costly EV repairs specific to Tesla vehicles. CBI & Finance's third-party warranty is fully transferable if the vehicle is sold and can be serviced at any licensed repair facility in Canada, providing convenience beyond manufacturer warranties.
However, the exact price of the extended warranty from CBI & Finance for Tesla in Canada is not explicitly stated in the provided information. Pricing may vary based on vehicle age, mileage, and selected coverage level. CBI & Finance extended warranty is available in British Columbia, Alberta, Ontario, Quebec, New Brunswick, and Nova Scotia, and applies to vehicles under 10 years old with less than 200,000 km.
In summary, Tesla's ESA subscription offers basic coverage for Tesla-supplied parts, while the CBI & Finance extended warranty provides comprehensive protection for major EV-specific components with additional benefits and nationwide service options in Canada. For precise pricing, Tesla owners in Canada would need to request a personalized quote directly from CBI & Finance.
The Tesla ESA subscription, though exclusive to vehicles within their Basic Vehicle Limited Warranty period, offers finance support through a monthly subscription for additional protection on Tesla-supplied parts in the United States. In contrast, Canadian Tesla owners have the opportunity to purchase a third-party extended warranty from CBI & Finance, providing financing and technology-focused coverage, including EV-specific components, with additional benefits and nationwide service options.
