Canada's First Extended Warranty with Unlimited Mileage for all Electric Vehicles
5 Years of Coverage at Competitive Prices
WHY CBI
Extend the Life of Your Electric Investment with the Best Warranty Coverage Available
We’re here to provide you with peace of mind. CBI & Finance is your trusted partner and Canada’s first and only provider of a 5-year extended warranty with unlimited mileage exclusively for Tesla owners, along with coverage options for all electric vehicles (EVs). Partnering with a leading company with over 30 years of experience, we offer EV owners warranty options that go beyond traditional dealership coverage.
OUR OFFER
Extended Coverage for All Electric Vehicles
Our competitive extended warranty coverage for all electric vehicles gives you freedom beyond dealership limits.
Exclusive 5-Year Extended Warranty
Unlimited Mileage
Competitive Prices
Comprehensive Coverage
Member of the Tesla Owners Club?
Get $100 off your policy if you’re a Club member.
The CBI Extended Coverage Advantage
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| 2 years | Maximal Coverage Period |
5 years*Also available in 2-, 3- or 4-year terms |
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For 2 years coverage: $2,400 model 3 $2,700 model Y $4,100 model S $4,700 model X |
Maximum Pricing (CAD) |
For 5 years coverage: $3,100 model 3 $3,100 model Y $3,700 model S $3,700 model X |
| 40,000 km | Mileage Limit |
Unlimited mileage
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| Up to 80,000 km | Mileage Eligibility |
Up to 200,000 km
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Less than 4 years old car Must be within original warranty |
Vehicle Age Limit |
Below 10 years old No original warranty needed |
| Model S, X, 3, Y | Eligible Models |
All Tesla models
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| $135 per visit | Deductible |
$100 per visit
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| Not included | Battery/Drive Unit Coverage |
Included
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| Yes, with conditions | Transferability |
Yes
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| None | Rebate Option |
$100 for Tesla Owners Club members
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PROTECTION
Why Protecting Your Tesla or EV with Extended Coverage is Essential
Motor Control Module
$1,100
Touch Screen
$2,500
Drive Unit
$7,200
Control and Motor
of Electric Seats
$1,125
High Repair Costs
As EV technology evolves, early models across brands may show reliability concerns, especially with aging batteries or unique component wear. An extended warranty can cover repairs for these issues, making it a worthwhile investment for long-term EV owners.
Reliability Concerns for Older Models
As EVs age, early models may encounter issues with batteries and specialized parts. Older Teslas, specifically, may face problems with proprietary features like door handles, center consoles, or HVAC systems, and frequent software updates can complicate repairs—making warranty coverage especially valuable.
Complex Technology and Specialized Parts
EVs contain advanced electrical systems and proprietary software requiring specialized expertise for repairs. This is true across brands, as even routine diagnostics may need specialized tools or software.
Increase in Resale Value
Extended warranties increase resale value across all EV brands, as buyers see the value in added protection for high-cost components. The warranty’s transferability can increase demand and the resale price.
EXPERT INSIGHT
Don't just take our word for it— hear from one of Canada's leading automotive journalists
Watch this video (French only) to discover why an EV extended warranty is essential for your peace of mind.
TESTIMONIALS
Why CBI & Finance is trusted by EV Owners Across Canada
HOW IT WORKS
Ready to Get Started?
We make it easy to get back on the road with peace of mind
01
Verify Eligibility
Is your EV less than 5 years old? You’re eligible for an extended warranty!
02
Get a Free Quote
Fill in the 5 steps of the Request a Quote form, and hit send.
03
Secure Your Coverage
Your request will be analyzed, and we’ll get in touch within the next 72 hours.
OUR PARTNERS
Proud Partner of Tesla Owners Club in Quebec and Ontario
CBI & Finance is proud to partner with the Tesla Owners Club, offering members $100 off on their 5-year extended warranty with us.
FAQS
Frequently Asked Questions from EV Owners
Am I qualified to purchase a warranty?
We don’t care where you bought your vehicle, whether you’re still under factory warranty or after. If you are able to select your vehicle specifics and see the term options, your vehicle is eligible. Exceptions are (as stated in our terms and conditions) if your vehicle is rebuilt (vga) or if you are using your vehicle for short term leasing of less than one year, you are not qualified to be covered on your EV. If you think your case may be different, please contact us!
The warranty applies to vehicles less than 10 years old and less than 200,000 KM.
Can I immediately use my warranty once it is purchased?
Once you have purchased your coverage plan, you have a 30-day grace period until your warranty is activated. During this grace period, you may also choose to cancel and receive a 100% refund. If you have purchased a used Tesla, only the Vehicle Owner can transfer the warranty to a new owner. Transfer requests must be sent to the Administrator with the full name and address of the new owner, including the date of purchase and odometer reading at the time of transfer. This information must be sent to the Administrator within the first fifteen (15) days of new ownership. An Authorized Distributor or Authorized Repair Center is not eligible for warranty transfers. No fees will be applied to warranty transfers
Why buy an extended warranty if I'm still under the manufacturer's warranty?
In all circumstances, it is always cheaper to purchase a warranty contract as soon as possible (when your vehicle is under full manufacturer’s warranty). From the original in-service date you can extend from 1 year to 5 years unlimited mileage, compared to purchasing a 1 year to 5 years unlimited mileage warranty when your vehicle is no longer under full warranty from the manufacturer (both having the same comprehensive coverage plan).
How are repair claims paid?
We will always offer and be prepared to pay the service center directly, as we consider this to be the best experience for our members.
Once you have forwarded the invoice or work order authorized by our claims center and the service is now completed on your vehicle, we will pay by credit card directly over the phone, send the credit card information by email directly to the Service Advisor, or if payment for third-party treatment is not available, we will reimburse you, less your $100 deductible.
What is covered by our warranty?
We will always offer and be prepared to pay the service center directly, as we consider this to be the best experience for our members.
Once you have forwarded the invoice or work order authorized by our claims center and the service is now completed on your vehicle, we will pay by credit card directly over the phone, send the credit card information by email directly to the Service Advisor, or if payment for third-party treatment is not available, we will reimburse you, less your $100 deductible.
Is your warranty contract transferable if I sell my vehicle?
Yes! your warranty is transferable to any new owner.
When I have a problem with my vehicle, where do I go?
Where you service your electric vehicle does not change. Your warranty contract works more in the background like a payment service.
If you own a Tesla schedule your service visit on your mobile app. When you receive the service estimate, please send it to our claims center at info@garantieavantageplus.ca or by phone or Fax: 450.666.2836 SO THAT OUR TEAM APPROVES THE ESTIMATE and is ready to pay Tesla by credit card , by telephone, by e-mail or to reimburse you.
If you own another battery electric vehicle, please take your vehicle to a qualified service center, show them your policy number and have them call 1.866.666.0181 to begin your claim.
Am I eligible for the warranty?
Vehicles less than 10 years old and with less than 200,000 km are eligible.
