When it comes to owning a Tesla, understanding your warranty coverage options is essential for maintaining peace of mind and protecting your investment. While Tesla offers a standard manufacturer warranty, extending your coverage offers invaluable additional security against unexpected repair costs, and we all know Tesla repairs can be extremely expensive!
That’s where CBI & Finance comes in. We specialize in providing Canada’s most competitive and comprehensive extended warranties for Tesla and electric vehicle (EV) owners across Canada.
Tesla’s Standard Dealership Warranty in Canada: Inclusions and Limitations
Tesla vehicles come with a manufacturer’s warranty, which comes with the following inclusions and exclusions.
- Basic Vehicle Limited Warranty
- Duration: 4 years or 50,000 miles, whichever comes first
- Covers: Most vehicle parts and workmanship defects
- Battery and Drive Unit Warranty
- Model S/X: 8 years or 150,000 miles
- Model 3/Y Standard Range: 8 years or 100,000 miles
- Model 3/Y Long Range or Performance: 8 years or 120,000 miles
- Includes: Battery retention of at least 70% capacity
Basic Coverage Limitations & Exclusions:
- No Coverage for Wear & Tear Items
- Tires, brake pads, wiper blades, upholstery, and cosmetic wear are not covered unless defective from the factory.
- Tires, brake pads, wiper blades, upholstery, and cosmetic wear are not covered unless defective from the factory.
- Limited Battery Warranty
- Doesn’t cover expected degradation unless it drops below 70% capacity.
- Physical damage or improper charging behavior voids this part of the warranty.
- No Coverage for Aftermarket Parts or Modifications
- If you modify the vehicle (like adding non-Tesla accessories), Tesla can void the warranty for affected systems.
- If you modify the vehicle (like adding non-Tesla accessories), Tesla can void the warranty for affected systems.
- Limited Roadside Assistance
- Tesla provides 4 years / 50,000 miles of roadside help, but it doesn’t cover everything (e.g., running out of charge more than once may incur fees).
- Tesla provides 4 years / 50,000 miles of roadside help, but it doesn’t cover everything (e.g., running out of charge more than once may incur fees).
- Geographic Limitations
- Warranty repairs usually need to be done at Tesla Service Centers or approved locations—coverage may vary by country or region.
- Warranty repairs usually need to be done at Tesla Service Centers or approved locations—coverage may vary by country or region.
- No Rental or Loaner Car Guarantee
- While Tesla sometimes offers loaners, it’s not guaranteed under the warranty and depends on service center availability.
- While Tesla sometimes offers loaners, it’s not guaranteed under the warranty and depends on service center availability.
- Does Not Cover Accidents or Environmental Damage
- Any collision damage, water intrusion, or environmental factors like hail or flooding are not covered.
While the basic warranty is essential to protect your Tesla at first, issues often tend to arise as the vehicle gets older. That’s why an extended warranty becomes all the more important.
The Need for a Tesla Extended Warranty Coverage
The older the vehicle gets, the higher the risk of costly repairs. As the standard warranty expires, you’re on the hook for every repair bill. Tesla’s specialized parts and certified technicians make repairs pricier than standard vehicles, especially for key components like the battery and drivetrain. Limited repair networks can also mean longer wait times and higher service fees. An extended warranty helps cover these costs, protecting you from unexpected expenses and ensuring continued peace of mind.
Advanced components such as the electric motor system, battery, and high-tech features may require specialized attention, leading to higher service expenses. Repairs often require Tesla-certified technicians and proprietary parts, which can be costly and have limited availability. Without warranty coverage, even minor issues can result in significant out-of-pocket expenses.
Just one major repair could cost more than the extended warranty itself!
An extended warranty ensures that you are protected from these unforeseen costs, allowing you to enjoy your Tesla without financial stress.
CBI & Finance extended warranty offers unlimited mileage, flexible coverage options, and protection for critical components, ensuring your Tesla stays protected well beyond Tesla’s standard coverage.
CBI vs Tesla Manufacturer Extended Warranty
Tesla offers an Extended Service Agreement (ESA) for added protection beyond the standard warranty, but it comes with significant limitations in terms of coverage duration, mileage cap, value-to-cost ratio, and flexibility.
With higher costs and more restrictions, Tesla’s ESA simply doesn’t compare to CBI’s extended warranty, which offers longer coverage, unlimited mileage, and broader protection at a better price.
Source : cbifinance.ca
As you can see in the comparison table, CBI’s Extended Warranty offers significantly greater advantages compared to Tesla’s official ESA. From longer coverage terms and unlimited mileage to broader eligibility and added perks, CBI’s plan is designed to provide Tesla owners with more flexibility, peace of mind, and value over the long term.
CBI Extended Warranty Advantages
- Longer Coverage Duration
- Up to 5 years of coverage (vs Tesla’s 2 years)
- Also available in 2-, 3-, or 4-year terms for flexibility
- More Generous Mileage Terms
- Unlimited mileage during the coverage period
- Eligible for vehicles with up to 200,000 km (vs Tesla’s 80,000 km limit)
- Broader Vehicle Eligibility
- Accepts Teslas up to 10 years old (vs under 4 years and within original warranty only)
- Covers all Tesla models (Model S, 3, X, Y)
- Competitive Pricing for 5 Years:
- Model 3: $3,100 CAD
- Model Y: $3,100 CAD
- Model S: $3,700 CAD
- Model X: $3,700 CAD
Want more details on our extended coverage? Take a look at our website to explore the full coverage details and see the complete list of covered components. Find out why CBI’s extended warranty offers the best protection for your Tesla at the most competitive value.
Get Started with a Free Quote
Securing an extended warranty with CBI & Finance is straightforward:
- Eligibility: Is your Tesla less than 10 years old with under 200,000 km? You’re eligible!
- Request a Quote: Complete the online form right here.
- Finalize Your Plan: Choose the coverage duration that best suits your needs.
- Enjoy Peace of Mind: Drive confidently, knowing your Tesla is protected against unexpected repair costs.
Extending your Tesla’s warranty with CBI & Finance offers comprehensive protection, unlimited mileage, and additional benefits that enhance your ownership experience.
Looking forward to assisting you!
Serge Demers
and the CBI & Finance team
1(855)-217-2774
