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Dwight_Schrute

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For anyone considering the Xcare warranty, it seems like there are significant price jumps at each 10k mile interval. Most warranties work similarly. So if coming up on 10k, 20k, 30k, etc. that would be the time to do it.

You have to play around with the miles per year of usage to get different term options. The 10 year 125k additional miles is a pretty solid option and you can choose your deductible level.

As a side not, I have no financial or any other type of relationship outside of them outside being a customer. They have been well reviewed on the Tesla forum I participate in. Before buying any extended warranty, get a copy of their contract and review it.

https://www.xcelerateauto.com/xcare

I am very glad the quad motor Rivians have such a long factory warranty. That primary coverage is great to have and it also lowers the cost of the extended warranty as less risk for them. So with the great drivetrain coverage from Rivian, the warranty company really only has to work about all the other things. The other big ticket items will absolutely be the suspension and HVAC. If I had a Gen 2, I'd be very concerned about the new heat pump once it is out of warranty since it is such a new design for them.

Actually that is a part of over arching thought, and how I've approached extended warranties. If it is the first model year, or a new vehicle or brand, I've normally bought them. I also buy they when they are a new generation with significant changes over the previous version. I do this because there is no track record of reliability and we all know being an early adopter entails more risk. Rivian is clear evidence of that.

As I've mentioned in other thread and will repeat here, my Rivian in the 6 months I've owned it has had more issues than the 5 Teslas I've bought in the last 5 years combined. Fortunately none of my issues were major where the vehicle forced me to stop on the side of the road and couldn't be driven, but to say that some were very impactful would be accurate.

@DayTripping - Have you had to go thru any claims with them either for Tesla or Rivian? I'm looking into getting an extended warranty for my Gen2 R1S with less 2,000 miles, i'm debating if i should wait until i run out of my 1 year warranty(in Nov) before getting the xtended warranty coz pretty much everything is covered in the first year(or 12K miles?). Xcare has good reviews with Tesla but haven't seen any feedback from Rivian owners yet.
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PhatDaddy

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I made the bet and went with the warranty. I have no doubt if i keep it 10 years, I'll more than use up the cost of the warranty. If I sell it, I'll ask more for the vehicle to recoup the cost, if not, I cancel it and get a prorata refund. There is a lot that can go wrong on these, and the suspension system and the displays are only covered under the basic warranty, which is pretty good on the quads.

I don't look at RIvian like other companies with well established track records and likely have better quality control (not always but should). To me, there is a lot more risk than a typical auto company. Rivian hasn't refined the building process as well. There are still a lot of unknowns and I am betting some of those could be issues that are expensive to address.

I can afford the car, I can afford the repairs out of pocket, but I think based on how long I tend to own (not lease) the car that they will pay out significantly more in claims than I did in premiums. On other cars I'd be less inclined to do it. I drove a turbo diesel Mercedes for 400k+ miles and only spent 5k in unplanned repairs over 20 years of ownership. I didn't even remotely consider a warranty for it when I bought it as I new the potential trouble points going in as it was a well proven design. Rivian is much more of a crapshoot. YMMV and likely so does your risk tolerance. This is not a one size fits all approach anyway.
This is EXACTLY my thinking, almost word for word. I also purchased an extended warranty (Fidelity). If it was an ICE vehicle from a long established company with a well established market for repairs and parts (including non-OEM repair shops and parts), it would be a different story. Or if I didn’t expect to keep it long term. But then I also purchased ā€˜New Car Replacement’ insurance coverage on my R1T for the same reason. To the degree possible I want to ā€˜lock in’ my total expected costs for the next 10 years (well, 3 on the New Car Replacement coverage) on this vehicle. So I know, as much as possible, how much this vehicle will cost me over it’s lifetime. These are expensive to buy, expensive to repair, and expensive to replace. If I know more or less my total cost of ownership going out 10 years, then I can justify (at least in my own mind) the splurge on such a fun to drive and own vehicle.
 

DayTripping

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@DayTripping - Have you had to go thru any claims with them either for Tesla or Rivian? I'm looking into getting an extended warranty for my Gen2 R1S with less 2,000 miles, i'm debating if i should wait until i run out of my 1 year warranty(in Nov) before getting the xtended warranty coz pretty much everything is covered in the first year(or 12K miles?). Xcare has good reviews with Tesla but haven't seen any feedback from Rivian owners yet.
Yes, on a previous Tesla. No issues at all.

If you are going the extended warranty route, do it before you crack 10k miles, and almost always, if more than that, do it while there is factory warranty still in effect.
 

Dwight_Schrute

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Yes, on a previous Tesla. No issues at all.

If you are going the extended warranty route, do it before you crack 10k miles, and almost always, if more than that, do it while there is factory warranty still in effect.
Thanks!
Not sure if they have any referral program, if they do shoot me your code!
 

DayTripping

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Thanks!
Not sure if they have any referral program, if they do shoot me your code!
Thanks for inquiring. Sadly, they don't yet, but I ask every few weeks.
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