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Tesla Korea launches free 4 year warranty on Model Y

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Tesla Model Y

Tesla Korea has officially announced the free EWI (extended warranty) on the Model Y after topping the list of most imported cars in the first half of 2024.

Data from the Korean market tracker revealed that the Model Y sold 10,041 units from January to June. That’s above the BMW 5 series and Mercedes-Benz E-Class. This is the first time the EV maker surpassed its competitors in the market.

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The Model Y has achieved quadruple sales compared to the first half of last year. On the other hand, Model 3 sold 7,026 units during the same period. Earlier this year, Tesla reduced Model Y’s price by up to 4 million won, which led to more sales for this popular passenger electric car.

Tesla Model Y Free EWI South Korea

Tesla Model Y Free EWI (extended warranty) South Korea (Image – Korea)

The new extended warranty applies to customers who purchase the Model Y rear-wheel drive (RWD) and take delivery between July 4, 2024, and September 30, 2024.

This free EWI costs 3.8 million won ($2,754) and will extend the warranty period for an additional 4 years or 80,000 km (whichever comes first). The new extension will apply automatically after the existing vehicle warranty will expire.

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Usually, Tesla cars come with a similar duration and range of warranty. This addition will take the warranty to 8 years or 160,000 km of travel. Here are a few things about this limited-time offer:

  1. The free EWI program is non-refundable or redeemable
  2. Customers must take delivery before September 30, 2024.
  3. EWI will be added to the customer account after the delivery.

(source)

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Timothy started learning about game development and electronics at the age of 17. After involvement in different projects, he switched to Android app development and began pursuing smart hardware mechanics. Later on, he became fond of writing and tech journalism. Timothy covers major topics about internet personality, business, EV, Space, Social Media, and more. He loves to watch survival videos and try to find out new facts about the ocean and animals.