Introduction:
Tesla owners have the option to extend their vehicle's warranty through the Extended Warranty Insurance (EWI) program, which covers repair and maintenance costs. However, EWI prices can vary between countries, including South Korea and the United States. In this blog post, we will use Tesla South Korea EWI prices as a reference point to provide an estimate of EWI prices in the US. This will help US Tesla owners anticipate and compare EWI costs.
1. Understanding Tesla South Korea EWI Prices
Understanding Tesla South Korea EWI Prices for Vehicles Under Basic Limited Warranty
In South Korea, Tesla EWI program is available for vehicles that were sold through Tesla Korea and are still within the basic limited warranty period (4 years or 80,000 kilometers). Starting from the day after the expiration of the basic limited warranty (within 4 years or before reaching 80,000 kilometers), Tesla owners have the opportunity to enroll in the EWI program and receive extended service coverage.
To join the EWI program, additional costs are incurred. Tesla EWI prices may vary depending on the vehicle model and the chosen warranty duration. It is important to consider these factors when determining the EWI price for your specific Tesla vehicle in South Korea. By enrolling in the EWI program, you can extend the coverage period for up to 4 years or until reaching 80,000 kilometers, whichever comes first.
With the added information about the enrollment conditions and the flexibility in coverage duration, Tesla owners in South Korea can make informed decisions about joining the EWI program based on their specific needs and requirements.
This is a price table for EWI. (The price unit is Korean won, 1300 KRW = 1 USD)
2. Estimating US EWI Prices
The difference in EWI prices between South Korea and the US can be influenced by regional factors and exchange rates. Generally, extended warranty costs in the US may be relatively lower than in South Korea. While there may be regional differences, the following are estimated US prices based on the South Korean Tesla price list
| Duration | Within 30 Days | 30 Days to 1 Years | 1 Year to 2 Years | 2 Years to 3 Years | 3 Years to 4 |
| Mileage | - | ~ 20,000 km | ~ 40,000 km | ~ 60,000 km | ~ 80,000 km |
| Model 3 | $2,000 | $2,154 | $2,308 | $2,462 | $2,616 |
| Model Y | $2,308 | $2,462 | $2,616 | $2,770 | $2,924 |
| Model S | $3,461 | $3,615 | $3,769 | $3,923 | $4,077 |
| Model X | $3,615 | $3,769 | $3,923 | $4,077 | $4,231 |
(Note: The conversion rate used for the prices is assumed to be 1 USD = 1,300 KRW.)
Please note that these prices are estimations based on the South Korean price list, and the actual US prices may vary. For accurate and up-to-date US EWI prices, it is recommended to refer to the official Tesla website or contact a Tesla dealership in the US.
3. EWI Price Comparison and Considerations
Exchange rate fluctuations: Exchange rate fluctuations between South Korea and the US can impact EWI prices. Therefore, when comparing prices, it is important to consider currency exchange rates.
Regional factors: Factors such as taxes, insurance rates, and maintenance costs can vary between countries and influence EWI prices. Considering these factors will provide a more comprehensive comparison of US EWI prices.
※ Additional information:
EWI ownership is tied to the Tesla vehicle, and EWI enrollment is done through the Tesla mobile app.
Using the mobile app, you can submit an EWI enrollment request and access detailed information and pricing. The Tesla mobile app is the official application used to manage your Tesla vehicle and access services. If you are interested in enrolling for EWI, you can follow the necessary steps through the app.
