Tesla Extended Service Agreement Cost Explained
Are you a proud owner of a Tesla electric vehicle? If so, you may already know about the peace of mind that comes with the Tesla manufacturer`s warranty that covers your car for 4 years or 50,000 miles, whichever comes first. However, what happens after the warranty ends? The answer is simple: you have the option to purchase a Tesla Extended Service Agreement (ESA) to keep your car protected from unexpected expenses.
In this article, we`ll take a closer look at Tesla ESA and its cost, so you can make an informed decision about whether or not to buy one.
What is Tesla Extended Service Agreement (ESA)?
Tesla ESA is an optional plan that covers your car for up to 8 years or 125,000 miles, whichever comes first, after the original manufacturer`s warranty expires. It covers the repair or replacement of defective parts and labor caused by normal wear and tear, including mechanical and electrical failures.
The ESA is not a one-time payment, but rather, it can be purchased annually, biennially, or triennially, depending on your preference. The cost of the ESA depends on the age of your vehicle, the mileage at the time of purchase, and the duration of the coverage.
How Much Does Tesla ESA Cost?
Unfortunately, Tesla does not provide a standard price list for ESA coverage. The cost of the ESA varies depending on these factors:
1. Vehicle Model and Year: As older Tesla models are more prone to repairs, the ESA cost for an early Model S or Model X may be higher compared to a newer Model 3 or Model Y.
2. Mileage at Purchase: The cost of ESA also depends on the mileage of your vehicle at the time of purchasing the agreement. If you buy ESA coverage before your warranty expires, the cost will be lower.
3. Duration of the Coverage: You can choose to get ESA coverage annually, biennially, or triennially. The longer the duration, the higher the cost.
To get a quote for your Tesla, you can contact Tesla service centers or log in to your Tesla account and navigate to “Manage” > “Service Plans.”
Is Tesla ESA Worth the Cost?
The answer to this question depends on your driving habits, car model, and budget. If you`re someone who likes to keep their car well-maintained and covered for all possible mechanical and electrical repairs, then Tesla ESA may be worth it for you. It provides peace of mind and protects you from unexpected repair bills.
On the other hand, if you own a newer Tesla model, have low mileage, and don`t plan on keeping your car after the manufacturer`s warranty expires, you may not need Tesla ESA.
Final Thoughts
In conclusion, Tesla ESA provides a valuable option for Tesla owners who want to extend their warranty coverage beyond the manufacturer`s warranty. The cost of the ESA varies depending on your vehicle model and age, mileage at purchase, and the duration of coverage. Contact Tesla service centers or log in to your Tesla account to get a quote.
Consider your own driving habits, car model, and budget before deciding whether or not to invest in Tesla ESA.