CBI Ends Tesla Extended Warranties in Canada — Last Day to Buy Was October 31

CBI, the Quebec-based financing and warranty provider that has sold extended warranties for Tesla vehicles across Canada, has ended new policy sales as of October 31, 2026. The decision follows a withdrawal by its underwriting partner, Garantie Avantage Plus, from the Tesla extended-warranty programme, according to an email CBI sent to customers and shared by a Model Y owner in a Canadian Tesla owners' Facebook group.

What CBI said

The notice, signed by CBI CEO Manuel Dussault, states that effective November 1, 2026, no new warranty claims for Tesla vehicles will be accepted under the programme. CBI confirmed that all previously purchased policies "will continue to be honoured in full, in accordance with the terms of the contract, until their expiration date."

The change applies exclusively to Tesla. CBI continues to write extended warranties for other automakers in its portfolio.

What this means for Canadian Tesla owners

• Existing policies survive: If you bought a CBI extended warranty before October 31, your coverage remains in force through its term. No action is needed.
• New buyers lose a third-party option: Anyone purchasing a used or new Tesla after October 31 no longer has access to CBI's extended-warranty product. Tesla's own Extended Service Agreement (ESA) — available in the Tesla app at roughly $90/month all-in per one owner's estimate — is now the primary extended-coverage route.
• Owner-reported pricing (not a published rate card): One owner in the Facebook thread shared a CBI quote of $3,200 plus tax for a 60-month unlimited-kilometre policy, $2,900 for 48 months, $2,700 for 36 months, and $2,500 for 24 months. Another owner reported that a CBI rep told them the five-year term was only available for vehicles under 120,000 km, with the maximum term dropping to three years above that and two years above 140,000 km. These figures are owner reports, not confirmed CBI pricing.

Broader context

Tesla's factory coverage in Canada still applies: the Basic Vehicle Limited Warranty runs four years or 80,000 km, and the Battery and Drive Unit Limited Warranty runs eight years with mileage caps that vary by model. Tesla also rolled out a seven-year warranty on costly propulsion components for 2026-model vehicles, which sits on top of the standard stack for newer cars.

With CBI out of the market, Canadian Tesla buyers who want coverage beyond the factory warranty now have a single vendor: Tesla itself. Whether that is enough for a growing used-EV market is an open question that will likely shape buyer confidence in the coming months.

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