Extended Battery Warranties
We are now able to offer extended EV battery warranties to help reassure customers who are concerned about the long-term battery health of their used EV.
Richard Norris·19 January 2022·3 min read
We can now offer EV extended battery health warranties to help reassure customers concerned about the long-term battery health of their used EVs. We are official resellers of the new BEVEW warranties, which have been designed to help build confidence in used EVs.
You may be concerned about the battery range and battery or powertrain component replacements during your ownership and the potentially high costs that may come with it. If that is the case the Extended EV Battery Warranties offers a real solution.
If you are concerned about long term EV battery health, our extended battery warranties are the solution
There are several levels of extended battery warranty available, to suit the different degrees of consumer concerns and the age of the vehicle. The cover ranges from 6months to 3 years (depending on the age of the EV), with discounts for EV’s with smaller batteries and under 10 years old. The cover can either pays out a fixed sum, or cover a repair or replacement, should your battery health decline past a certain point*.
* The level of Warranty cover available is determined by the mandatory Battery Health test results that we can perform on site at Drive Green.
EXTENDED BATTERY WARRANTY
Covering the cost of replacing or repairing your cars traction battery back, or providing a lump sum cash payment settlement, this cover covers faults with the traction battery, its battery management system, and any integrated thermal management system. This is ideal extra cover for older EVs and those out of manufacturer’s battery warranty.
• Available on any cars up to 12 years old and up to 200k miles
• Parts and Labour
• Triggered at an earlier battery degradation point than the manufacturer’s warranty, of 70%
• Cover continues post-manufacturer warranty
OPTIONAL EXTRA PARTS COVERED
This optional extra to the extended battery warranty means you can also cover some of the other key EV components, with potentially expensive specialist repairs and replacement.
The components covered include:
- Motor (s)
- Charger – Box Interconnection
- EV Controller Inverter
- DCDC Converter
- Regenerative braking system
IDEAL FOR PIECE OF MIND WITH OLDER EVS
These are a great value low cost piece of mond cover, especially well suited to consumers with higher mileage and older EVs approaching the end of their manufacturers warranty. They can provide up to 3 years of cover, and up to 30k miles pa, and can be taken out on EVs where battery health at inception is as low as 82%. They provide cover up to 12 years of age and up to 200k miles.
Whilst battery degradation is generally much lower than would be expected, and failures are rare, the cost of repair or replacement in the event of an issue can be expensive. Even if in manufacturer’s warranty, the manufacturers and dealer groups consistently will do anything the can to get out of honouring their warranty, so having the extra piece of mind these warranties give is very valuable.
If you are considering buying, or have, an older EV or high mileage EV, or one that is showing higher than average degradation, these warranties can give you the extra piece of mind and cover you need.
*Battery testing at the start of your policy is included free of charge when you take out a policy. Subsequent or annual battery tests with incur an additional testing charge
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