Service contract (extended warranty ?) for EV.

tom1ie

hi all,

Is there such a thing available on the market?
For example if I was looking to pick up an 8 year old model s but I wanted the reassurance of an extended warranty (I think they have to be called service contracts) on the battery and drivetrain for example, is such a thing possible?
After 8 years (or 240k kms) the manufacturer warranty expires- there’s less kms on this car but it’s 8 years old.

User1998

No that service does not exist in Ireland for private customers. Not for an 8 year old car anyway.

tom1ie

That’s crazy.
I honestly don’t understand why this isn’t a service that is offered especially on EVs with regards to battery’s motors and drivetrains.
It would inspire confidence in the second hand market imo.

Buddy Bubs

https://www.boards.ie/discussion/comment/122113754#Comment_122113754

Because you and I and everyone else would want it for as cheap as possible and the risk for the company providing the warranty is either unquantifiable or just too damn risky.

If there's market and money to be made on providing them, somebody would do it. They don't care about the used market.

You can't really get one for an ICE car or a fridge or a washing machine at that age either can you?

tom1ie

I’m not sure tbh but I’m not potentially in the market for any of those that you mention.

Buddy Bubs

https://www.boards.ie/discussion/comment/122113797#Comment_122113797

I'd take it up too at the right price, I've an EV coming out of general warranty in July 25 and another in sept 25. Battery warranties run until 2030 so not thinking of that just yet, not sure if I'll have the cars at that point but you're right a warranty after age 8 would help resale

Just nobody yet thinks they can profit from it. With critical mass in the future maybe somebody will.

User1998

https://www.boards.ie/discussion/comment/122113788#Comment_122113788

As a private buyer you can get one from Car Protect for cars under 8 years old. If purchased through a dealer they can be got for cars up to 12 year old. Mapfre also do them but they are dealer only.

I’ve no idea if they cover EV’s tho. I’d imagine they are only for petrol/diesel.

Edit: Yes, all EV and hybrid components are excluded from Car Protect.

https://quote.carprotect.ie/documents/car-protect-warranty-booklet.pdf

Buddy Bubs

https://www.boards.ie/discussion/comment/122113933#Comment_122113933

Are they any use? I've never bothered before with my cars they were generally older and almost disposable such was their low values, sell on easy. The EVs are worth a few quid, although falling by the day!

User1998

https://www.boards.ie/discussion/comment/122113958#Comment_122113958

Just updated my post. EV’s and hybrids are excluded. People have mixed opinions on them. They wouldn’t cover a €2000 oil leak in my Range Rover.

tom1ie

Maybe I should be asking how much would it cost to replace a battery pack and/or a motor on a model S?
Worst case scenario planning etc.