We got home and parked in our parking spot in our garage at exactly 47,000 miles.
We’ve had the car since November 2013, so, this means that we’re probably going to hit 50,000 by the end of the year.
So, it got me to think about whether to get the extended warranty or not, and this thought process led to me reading the Out of Warranty Concerns thread on Teslamotorsclub.com.
Apparently, the Model S extended warranty has some interesting features to it. Aside from the $4,000 cost to purchase the warranty, there is also a co-pay of $200 for each system that is reported.
So, if there’s a problem with the charge port door, pano roof, and something else, the co-pay is $600 and not $200. Considering the cost of the warranty, and what is normally in the marketplace, it seems that the Tesla Extended Warranty is priced quite high. Perhaps, Tesla should offer multiple levels of warranty. A higher premium with no-copay, for example. As it stands, the current program shouldn’t really be called a warranty as it doesn’t mirror the experience and expectations set up by Tesla service in the first 50,000 miles of ownership.
At 47,000 miles, it’s time to seriously consider whether to opt for the warranty or not. Perhaps it’s time to talk to my service department and ask for an approximate cost of all the items that have been done on the vehicle during the previous 47,000 miles.
On another note, between the ActiveE at 54,321 miles and the Model S at 47,000 miles, I would guess that I, personally, have driven 100,000 EV miles. Since I share driving the cars with my wife and her Roadster is just over 17,500 miles, I think this is a good approximation. So, “Yay me!”
[edited 8:45 AM PDT 8/6/2015 to include 2 referral paragraphs below]
You know, that referral program EVERYONE is sending links to… add mine – http://ts.la/dennis5317 after all, if ONLY 4 of you have been convinced by me to go pick up a Model S during this test period, then I can at least get the warranty for free.
For those that are unfamiliar with the referral program, here is the official Tesla Link. So, you’ll save $1,000 USD (if you’re in the US) or whatever the equivalent is in your region (I clicked on a few out of US links to folks I knew and it defaulted to USD for me) if you build and buy a new Model S under that link and as a referrer, I get $1,000 in credit, which I figure to use for my warranty. However, only use my link if I helped convince you to get your Model S.
2 thoughts on “Model S at 47,000 Miles. What About that Extended Warranty?”
Congrats on hitting the 100k milestone!
I opted to skip the Roadster Warranty as the cost seemed too high. It may yet be a bad move but so far so good. The big difference though is that I don’t drive the Roadster every day anymore. Nor do I have the piece of mind to allow that.
Thanks Michael. The Roadster warranty will come up by August of next year… We’re on CPO until the end of September 2016, and my wife doesn’t drive the Roadster as much as we drive the Model S. It’s around 17,500 miles as of last night (picked it up at 2,200 miles).