Pas de cheap! Worthwhile?
I already have the battery replacement option, so it's really only the extended warranty for the rest of the car that I need to look at.
I'll need to decide at end of this year if I'm keeping the Roadster or not - to choose between the 1 year or 5 year plan. But I thought it looked worthwhile. I already have the battery replacement option, so it's really only the extended warranty for the rest of the car that I need to look at.
At any rate, we're finding that maintaining a Tesla is an expensive proposition. Much more expensive than most ICE cars.
After 20 months of ownership, I'm sure I've used more than $5K worth of Tesla parts and labor ($175/hr in CA).
The battery I'm not so worried about - but maybe that's because I seem to have a good one (CAC over 158 after 19 months/19K miles).
Tom Saxton's Roadster Survey is the best source of data we have to estimate the value of the warranty:
Plug In America
Currently there are 109 cars in the survey, 17 of them needed PEM swaps and 17 battery swaps. The average age of the cars is 3.1 years for a mean failure rate of 5.5 PEMs and batteries per year, or 5.1% for each. The PEM is covered by the Extended Service Agreement and the battery is covered by the Battery Extended Service Agreement. If we assume $10K to replace the PEM and $40K to replace the battery...