In the rapidly evolving world of electric vehicles (EVs), owning one is more than just a choice, it’s a commitment to innovation, sustainability, and performance. But with great advancements come unique challenges, particularly when it comes to vehicle maintenance and repairs. That’s where CBI & Finance comes in, a trusted partner dedicated to providing seamless extended warranty solutions for all Electric Vehicle owners across Canada.
Who we are: Your trusted third-party extended warranty provider
CBI & Finance is a trusted third party extended warranty provider for Electric Vehicle owners. It was founded 4 years ago with a clear mission: to empower EV owners with peace of mind by offering extended warranty coverage that surpasses traditional dealership warranties. Unlike gas-powered vehicles, EVs, especially Teslas, require specialized care, and repairs can be costly.
Our extended coverage solutions are designed to protect your investment, ensuring you stay on the road longer with confidence.
What sets us apart from traditional dealership extended coverage
CBI & Finance is Canada’s first extended warranty provider to offer a 5-year plan with unlimited mileage for all electric vehicles.
Driven by our unwavering commitment to quality and transparency, we offer an extremely competitive coverage-to-price ratio in the EV extended warranty market. Our plans provide unlimited mileage and comprehensive coverage for critical components like the HV battery and drive unit. This ensures your EV stays protected where it matters most.
With repairs, labor, and parts included, our warranty delivers exceptional value, flexibility, and peace of mind, essentially, more coverage at a better price!
The CBI extended coverage advantages
- Unlimited Mileage: Enjoy complete freedom with coverage that doesn’t limit the number of kilometers you can drive. Whether you’re a frequent traveler or a daily commuter, our warranty ensures your vehicle is protected without restrictions.
- HV Battery and Drive Unit: Safeguard the most critical components of your electric vehicle. Our coverage includes the High Voltage (HV) Battery and Drive Unit, offering protection for these essential systems that power your EV.
- Comprehensive Coverage: Our plans include benefits such as 75 km roadside assistance, courtesy vehicles, and coverage across Canada and the United States.
- Transferable Guarantees: Planning to sell your Tesla? No problem. Our warranties are fully transferable, adding value to your vehicle.
- EV Expertise: From Teslas to other leading EV brands, our team specializes in electric vehicles, ensuring you receive the best care.
- Flexible Terms: While our 5-year warranty is a clear no-brainer for most customers, we also offer flexible 2, 3 or 4 year coverage options tailored to your needs.
- Proven Credibility Insurer: Our warranties are backed by Avantage Plus, a trusted extended warranty provider with over 30 years of industry experience.
Our Tesla Extended Coverage: The Best 5-Year Warranty Value Across Canada
When it comes to coverage duration, value, and cost, CBI & Finance offers the best value-to-price ratio compared to Tesla’s own extended warranty. We provide longer coverage periods (up to 5 years), unlimited mileage, and comprehensive protection, including major components like the HV battery and drive unit.
Unlike Tesla’s extended warranty, which is limited to 2 years and capped at 40,000 km, our plans offer up to a decade of peace of mind with flexible term options and coverage for vehicles up to 10 years old, without requiring the original warranty.
(Read Article: Is Tesla Extended Warranty Worth It?)
How We Compare: Tesla’s Official Extended Warranty VS CBI’s Extended Warranty for Teslas
With unlimited kilometers, lower deductibles, transferable plans, and exclusive perks like an exclusive $100 discount for Tesla Owners Club members, CBI & Finance ensures exceptional coverage at a more competitive price, making it the smartest choice for Tesla and EV owners seeking cost-effective and comprehensive extended protection.
Source: cbifinance.ca
Our Commitment to Sustainability and Excellence
At CBI & Finance, we recognize the importance of sustainable transportation and the growing EV community. By providing premium extended warranties, we’re not just protecting vehicles, we’re supporting a cleaner, greener future!
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With EV ownership growing, Tesla increasing its vehicle prices in Canada, repair costs remaining high, and the federal Incentives for Zero-Emission Vehicles (iZEV) program funds officially exhausted as of January 12, 2025, protecting your investment with an extended warranty is more important than ever.
Contact us today to learn more about our EV extended warranty solutions, or Get a Free Quote now to secure your investment the right way, so you can focus on enjoying the drive.
Looking forward to assisting you!
Serge Demers
and the CBI & Finance team
1(855)-217-2774