NEW Tesla Extended Warranty - Should You BUY It?

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  • เผยแพร่เมื่อ 7 เม.ย. 2023
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    Tesla recently released their Extended Service Agreement to purchase on eligible Model 3, Model Y, Model S, and Model X vehicles. However, it doesn't cover everything you might think. So in this video I am going to break down the price, eligible vehicles, what it covers/doesn't cover, and if Tesla's New Extended Warranty is worth it.
    Tesla Extended Service Agreement - www.tesla.com/sites/default/f...
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ความคิดเห็น • 25

  • @JremiahJones
    @JremiahJones  ปีที่แล้ว +2

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    Armrest Organizer - geni.us/M3YArmrest
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  • @bh9262
    @bh9262 3 หลายเดือนก่อน +7

    Keep your $2,000 in an interest bearing account and apply any money of that towards any repairs, you’ll probably not need to spend any of it but if you do it will be available to cover you! If you don't need it during the same time frame, reward yourself!

  • @CEOAlex
    @CEOAlex ปีที่แล้ว +11

    I considered but the vast majority of tesla owners that have had theirs for a long time say they've spent far less money to fix anything that has gone wrong than the cost of the warranty itself.

  • @socom9114
    @socom9114 ปีที่แล้ว +4

    Clear! Concise! Complete! for an 8 min video! Thank you!

  • @Joshu796
    @Joshu796 ปีที่แล้ว +4

    Bought used outside of Tesla and not able to purchase. Probably wouldn’t have bought anyways.

  • @browntoothpaste
    @browntoothpaste หลายเดือนก่อน

    There's so many Teslas with the chrome trim in my town with only half of the foggy tail lights 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂❤

  • @johnqcitizen9177
    @johnqcitizen9177 2 หลายเดือนก่อน

    I have a 2023 MX
    And i followed your instructions and looked if i could buy the extended warranty and I could have for $3500.

  • @maycausedizziness
    @maycausedizziness ปีที่แล้ว +8

    Great video! It's interesting to consider an alternative approach, like setting aside money in a high-yield savings account instead of purchasing the warranty. This way, you'd have a financial buffer for expensive repairs like the PTC heater (which could cost around $1,000 or more) or the PCS (potentially several thousand dollars). It's definitely a gamble to pay for the warranty, considering the limited coverage.

    • @JremiahJones
      @JremiahJones  ปีที่แล้ว +2

      Yeah, I see a lot of people that just sit aside money. Myself included but mainly for tires currently.

    • @shdmd2118
      @shdmd2118 4 หลายเดือนก่อน +1

      Problem with high savings strategy is what if you run into a 5k repair?

    • @mrlogboy
      @mrlogboy 4 หลายเดือนก่อน

      @@shdmd2118and that is the gamble that won’t have a major air condenser issue or another conpnent. How well do you sleep knowing the what if’s lol I have heading to it but for my 2 week old car (this week) we will see lol

  • @denysarcuri1213
    @denysarcuri1213 3 หลายเดือนก่อน +1

    Excellent presentation. Considering the extending thing, but I also have a long time to think about it. I'm leaning "no." For one thing, if you consider it a gamble, consider it like a gamble in a casino. Casinos come out ahead consistently at the expense of the gambler. I think Tesla wins on these deals or why would they do it? I'm afraid of a $20,000 repair, but not a $5,000 repair. And certainly not a $1,800 repair. I gave you a thumbs up for the straightforward, great summary of your thoughts on it.

  • @godislove025
    @godislove025 5 หลายเดือนก่อน

    Great video

  • @fafasa1
    @fafasa1 หลายเดือนก่อน

    I drive for Uber I put almost 50000 thousands miles should I get it ?

  • @Mainuh
    @Mainuh ปีที่แล้ว +1

    My credit union actually offered me an after market warranty. But I saw this announcement a couple weeks ago and I have a new 3/7/23 Austin build MYLR and I do not have any warranty offer under upgrades in my app? But I think I'd rather take the $2K and trade for a new one at the 3.5-4 year mark. But I'm still wondering why this isn't being offered on my new MYLR. I did download a copy though. Thanks!

    • @living4christ
      @living4christ 7 หลายเดือนก่อน +1

      Did the after market warranty cover the battery pack?

  • @TrueAmofah
    @TrueAmofah 6 หลายเดือนก่อน

    Thanks for the info, I’m about 500 miles away from my basic warranty so I’m heavily considering the extended warranty

  • @cifey
    @cifey 10 หลายเดือนก่อน

    Cars should have a subscription model with monthly payments starting at $49.99 that quietly increases with the age of the car up to 10yr/100k. If 90% of the customers paid it, it should work out ok for Tesla if they have decent quality.

    • @freetrailer4poor
      @freetrailer4poor 9 หลายเดือนก่อน

      10 yr 200000 mile

    • @guttagutta420
      @guttagutta420 7 หลายเดือนก่อน

      Volvo has a subscription where maintenance is included. And you can trade it in for something else anytime after 4 months.

  • @MichaelKlesyk
    @MichaelKlesyk ปีที่แล้ว

    I was worried if I wait.. With my luck, they'll double the price of the warrsnty.

  • @techtim123
    @techtim123 ปีที่แล้ว +2

    🧡 I have an aftermarket warranty 😂🤡

    • @oa1583
      @oa1583 6 หลายเดือนก่อน +1

      What does it cover

  • @browntoothpaste
    @browntoothpaste หลายเดือนก่อน

    Buying an EV is a waste as long as there's no parts counter...

  • @casimirotucuca4468
    @casimirotucuca4468 9 หลายเดือนก่อน

    great channel