How much is a Tesla extended warranty?
Tesla has launched Extended Warranty options for the Model S/3/Y/X in the US. Agreement period is 2 years or 25k miles (whichever first). Prices: • Model 3: $1,800 • Model Y: $2,000 • Model S: $3,100 • Model X: $3,500. According to Tesla CEO Elon Musk, Tesla car batteries are supposed to last around 300,000 to 500,000 miles or about 1,500 times of charging and discharging.Many high-mileage Tesla owners share success stories of vehicles surpassing 100,000 miles with minimal degradation. Some are reporting 144,000 miles with only an 8% battery degradation, while others have driven over 300,000 miles with a power reduction of just a little over 10%.A Tesla is designed to last 20 years, provided it is meticulously maintained. Despite the inevitable degradation of the battery over time, it retains up to 80 % of its capacity after reaching 500,000 miles. This resilience demonstrates the commitment to long-term sustainability in the design of these vehicles.Tesla’s manufacturer warranty coverage lasts for four years or 60,000 miles – whichever milestone is reached first. The warranty start date is counted as the day it was delivered to its first customer, or the day it was first put into service if it’s a demonstrator or Tesla company car.Tesla car batteries: FAQs Considering the average amount of miles driven per year in the U. S. Tesla at about 108,000 miles. At this point, you’ll start to see a shorter range than when the car was brand new, and you’ll likely experience a decrease in range before that, too.
Can you get a Tesla extended warranty?
If your Tesla vehicle has an active New Vehicle Basic or Pre-Owned Vehicle Limited Warranty, you may be eligible to subscribe to the Tesla Extended Service Agreement. However, J. D. Power says, Tesla’s batteries tend to degrade to the extent of about 1% of range per year, which means the batteries retain 90% of their capacity after 10 years on the road; that is well within expectations for the industry.EV battery lifespan: Most EV batteries last 15-20 years, with an average degradation rate of about 1. Impact of charging methods: Frequent use of DC fast charging can accelerate battery degradation, especially in hot climates.Depending on the model and usage, Tesla’s lithium-ion batteries are intended to last between 300,000 and 500,000 miles or 1,000 to 1,500 charge cycles. A battery’s capacity naturally decreases with time, allowing it to hold less charge and provide a shorter driving range.Tesla will only replace your Tesla battery for free if you’re still in your warranty period — which is typically eight years or up to a certain mileage limit, depending on the model. Your battery must also have a 70% retention of battery capacity to qualify.
Is it worth paying for extended warranties?
Like most insurance policies, an extended warranty is something you pay for in the hope that you’ll never need to use it. For many owners, it’s worth paying the price for peace of mind; even if your car is built by a brand renowned for its reliability, there’s always a risk that something could go wrong. Extended warranties can be expensive, and the upfront cost may outweigh the potential benefits. If the warranty price is high compared to the average repair costs for your car model, it may not be worth the investment. Consider evaluating your budget and repair history before making a decision.An EV extended warranty can be worth it in certain circumstances. If you plan to own your electric vehicle for many years, then it makes sense to buy an extended warranty since you’ll need coverage once your factory warranty expires.