I’m still trying to figure out who’s paying $6K a year for car insurance on a ford escape? That’s wild! And who’s actually paying $4K a year for a Camry? That’s ridiculous!

@egpg29

5 ай бұрын

Right?? I’m paying about $1700 a year for my Camry and I’m in Cali lol

@jjbasic3041

5 ай бұрын

yeah lmao I pay double rates becuase im under 20 and I still only pay like 4k/y for my civic

@zigadabooga

5 ай бұрын

No clue. I'm paying $130 a month for my Tesla, full coverage, plus some. So this whole report seems fake AF.

@josefarrington

5 ай бұрын

Yes, this looks to be an anti-electric vehicle video. Probably they inflated some numbers.

@sunnym.4077

5 ай бұрын

This floored me, I've been driving a ford gt mustang 2004 for the last 10 years (bought with cash), insurance 480$ full coverage for 6 months. I'm never going to go past 2010 models for a while.

Comparing an $80k Model X to a $30k Ford Escape? LOL give this man the Pulitzer Prize.

@jazziez6467

5 ай бұрын

that price for a ford escape seems triple normal price

@omarzaire2997

5 ай бұрын

So glad you called that out

@BoltRM

5 ай бұрын

I wonder why the Escape has such high liability? Is it lack of visibility for the driver?

@THEBLACKMANISGOD82

5 ай бұрын

easy to steal ​@@BoltRM

@BoltRM

5 ай бұрын

@@THEBLACKMANISGOD82 ahh then joyriders crash it into something else

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

@Daniel-ss7ri

16 күн бұрын

Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

@Janise-pg8yr

16 күн бұрын

Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

@user-ql1hu3fr4f

16 күн бұрын

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

@Janise-pg8yr

16 күн бұрын

Just research the name Angela Lynn Schilling. You’d find necessary details to work with a correspondence to set up an appointment.

@user-ql1hu3fr4f

16 күн бұрын

I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you

I'm hoping to retire next year at 55. My goal next year is to be more serious and consistent with my investments I've been investing since I was 22. 2024 is going to be more serous for me investing consistently for the long term. starting to save for a house down payment. I want to invest more than $105k, but I'm not sure on how to mitigate risk

@Annakrueger822

4 ай бұрын

Best thing you can do to derisk is diversify.

@RandalHebert

4 ай бұрын

Its unclear which stocks and sectors will lead the market in the next uptrend. It is advisable to diversify while retaining 70-80% in secure investments. looking at your budget, you should consider financial advisory.

@Rhgeyer278

4 ай бұрын

A good number of people discredit the effectiveness of financial advisors, but over the past 10years I've had a an advisor consistently restructure and diversify my portfolio/expenses and I've made over $3million in gains... might not be a lot but i find myself secure financially

@Rhgeyer278

4 ай бұрын

Samuel Peter Descovich is the analyst that helps me. He has a large following and is easily found online. He has extensive understanding as I have made so much since following him.

@ARandomDonut

4 ай бұрын

What is bro yapping about

I am here to learn about the hidden cost of owning an EV. Then they lost me when they started by comparing the Model X with Camry. It is hard for me to believe there is no bias in this video.

@jalanperak

5 ай бұрын

Exactly. Comparing insurance costs of a $100K vehicle to a $40K vehicle is dishonest at best.

@brandonderrick006

5 ай бұрын

Don’t say EV , say Tesla that is the only EV that matters. Unless you don’t have an iPhone lol.

@Rico0333

5 ай бұрын

They also compared a teen owning a Tesla to an "old truck". lmao.

@dexterseptember5787

5 ай бұрын

Yes wtf! Like saying ooh, a Mercedes G wagon is more expensive to ensure than a VW Golf.. well duh!

@jaleru

5 ай бұрын

I was just about to write this same comment. A Camry isn't even close to the same class as a Model X.

$7k for 12 months insurance? What?! My friend owns a Tesla and only pays $1400/year. Not sure who’s doing the math here.

@edpz5190

5 ай бұрын

Same here, i own a Tesla and my basic plan is $1200 per year, i believe the old profesor from the video is a Tesla hater

@AudiTTQuattro2003

5 ай бұрын

...welcome to the real world. Insurance is based on where you live, state and city etc., and your personal factors. Performance factors also play a big part. A RWD Model 3 won't get priced like a Model S Plaid.

@natechave2825

5 ай бұрын

I pay 150 a month for my Tesla performance

@lamgineer

5 ай бұрын

Paying $1300 per year for the Model X, I was only paying $900 when I was primary for the Model 3. This is in CA.

@scottdvorak5606

5 ай бұрын

Just checked. Same here. Tesla Model 3 - older driver with a good record. $1200 for the year in Ohio. @@edpz5190

So we’re going to compare $100,000 Tesla model X versus a $30,000 Camry…. And we’re shocked that it’s more expensive to insure? At least do model 3 versus Camry then, At least, both of those are sedans, and both of those are somewhat reasonably priced . The gap would be far smaller, obviously

@IMAPOTATOZ

3 ай бұрын

Right?? Even my model 3, which is the price of a Camry, i pay 98$ a month for full coverage thru Tesla Insurance. But that wont engage clicks though, im sure.

@user-zn7wx2lm9z

3 ай бұрын

Is it true the battery will cost about $20,000 to replace should it ever get wet from water splash on the road?@@IMAPOTATOZ

@CluelessSi

2 ай бұрын

but that would not make headlines if they are fair... they need to spin it to make it so that the bias is correct.

@selbyjohnson5986

10 күн бұрын

I came here for this lol. They took one of the most expensive cars and compared it to a freaking Camry.

As someone who doesn't live in Las Vegas, I just gotta say, WTF?? about those insurance premiums. That's the most significant hidden cost right there. There are other, cheaper, non-desert places to live where insurance is lower than a car payment.

@elitestar

2 ай бұрын

Guess that’s the price you pay if you want no state income tax 😂

Name me a time when insurance companies reported a loss for the year.

@inertiaspinner555

5 ай бұрын

No doubt, they even fund sport stadiums and all that expensive advertising. It’s a business

@abingham3747

5 ай бұрын

That's how insurance works. They HAVE to make money. If they don't make money they don't have money to pay claims. They are literally in the business of always making more than they have to pay out.

@SunnySunny-jz8kg

5 ай бұрын

they got lot of goverment bail outs before.

@skullhart

5 ай бұрын

They should be more regulated. No more expensive ads and wasteful race boats. It's completely unnecessary!

@jonpierson559

5 ай бұрын

Self insure.

Starting price on Model X = $68,590 starting price on a Ford Escape Plug-in Hybrid = $40,500. Yeah, insurance is going to be higher on the car that costs almost $30,000 more! Great job 8 News Now.

@dothework73

5 ай бұрын

Good catch, I bet you they even specs out the model x to $120,000 and the escape to the min. Obviously this is paid for FUD by the auto union

@zigadabooga

5 ай бұрын

@@dothework73 No big oil, Auto unions produce EVs too.

@MrFastFox666

5 ай бұрын

Yeah, comparing a luxury SUV to an economy sedan isn't quite apples to apples

@keithb6717

5 ай бұрын

Democrats, right? Cult like belief in evs.

@AJones-oq6xc

5 ай бұрын

I was hoping more people weren't fooled by that. How are they going to compare insurance costs of a vehicle that's 2 and 3 times more expensive

Why didn't you ask the Tesla fan about insurance & the cost of tires?

@rogerstarkey5390

Ай бұрын

Tires? *Probably* (/s) less than the cost of "mandatory Franchise Dealer servicing" required to maintain the warranty of an ICE car?

@PaliAha808

Ай бұрын

@@rogerstarkey5390 , ok, that too.

"Glorified golf cart". Well that's a vote of confidence 😂

@Rheisler1475

4 ай бұрын

lol that is pretty much what the rental people told my parents when they rented a tesla to visit my wife and I. crazy part was, it was the cheapest opinion. My dad and I went to go charge it, took 45 mins from 20-80 % took us another 20 mins to figure out how to get the charge to 100%, who TF has time for that BS?

@shunjohn3567

3 ай бұрын

people who wants to save gas money @@Rheisler1475

@therealthreadkilla

3 ай бұрын

@@Rheisler1475 AND there's the rub. The recommendation is to charge at 20% and it's "quick" to get to 80% using a super charger, meaning 40 minutes, but takes hours to get to 100% so in essence only 60% of the battery is useful meaning that whatever range the car maker quotes take 40% off that value.

@metooo-zo6dd

3 ай бұрын

​@@Rheisler1475yeah, it's pretty hard to figure things out when you're stupid whose fault is that that you don't know how to operate that vehicle. Weirdo

@user-ln9bk7mo3l

2 ай бұрын

And yet he's passionate about it. It appears @1776GalacticXRP has slow on uptake with humor.

Comparing the insurance rates for a 100k car vs a 30k car is CRAZY lol. Also, there are two Tesla shops in Las Vegas. Who is doing these reports? 😅

@JBoy340a

5 ай бұрын

The TV stations sales department. The sell commercial time to car and manufactures dealers. But, Tesla does NOT advertise.

@mikehughes8023

5 ай бұрын

We did it Joe😂!

@dobermanguy9437

4 ай бұрын

I drove a lady to a repair shop she bought a brand new Tesla and she's already said she's selling it a bunch of cars piled up at the Tesla service center in line to get new parts she said there's a back order on parts she may have to wait 3 months the hell with that she said

@deejaythedj1539

Ай бұрын

@@dobermanguy9437 I just don’t understand this info going around. I have 1 service center in my city it was easy to get in and I had to have a major part replaced once and it was a quality issue the part stilll worked fine they had the part in stock. Also lost the center cap for one of my wheels once called had that in stock too and picked it up 20 mins after hanging up. People do you own research cause a lot of falsehoods are out. And there are TONS of Tesla’s driving around in the major metropolitan area I live in.

This is the reason people don’t trust the news. A model X cost $90,000 to purchase. The Toyotas and Fords are economy cars and will cost $45,000 Max. Model X are in the same price range of Porsche or Audi’s. Check a comparison to those cars insurance rates.

@ju4121

5 ай бұрын

Are you comparing Tesla to audis and Porsche 😮😮😮. 😅😅😅

@TheForwardThinker

5 ай бұрын

​​@@ju4121 Absolutely He is, because Teslas are way more reliable, better performance and much lower total cost of ownership!

@TheForwardThinker

5 ай бұрын

​@@ju4121 Also I have a friend who's family owns an Audi dealership and he admitted to me recently that they make most of their money on service to the cars! Tesla doesn't do this and makes the cars as reliable as possible because they want to turn them all into Robotaxis in the near future. So Tesla has a very different business model, which requires the cars be as reliable as physically possible!

@CourtneyNielsen

5 ай бұрын

@@TheForwardThinkeryep my Audi A4 blew a cylinder head and turbo. Two issues I don’t have to worry about on my model 3.

@GunnyMac360

5 ай бұрын

@@ju4121 why not? faster, more reliable, less TCO, better resale value

1:13 Director: “Ok, now zoom in on his old hands. Yeah, that’s nice.”

@Cool_kid_jones

Ай бұрын

😂😂😂

@jerseyboyfilms3137

8 күн бұрын

thats bad producing, the entire story is crap and badley produced . inckudign the interview in that office bad bad lighting and camera work

We have a Bolt EUV. Our insurance went DOWN because of a multi car discount. Our electric bill went down because we charge during off peak hours on an EV rate plan. We have a gas car but save $100-200 on gas each month (depending on driving habits that month) by driving my EV part time. Is it a luxury car? Not at all. Does it have fantastic range? 249 miles to a charge. It charges slowly, but we also just drive it (like most Americans drive) to and from work, the store etc

Did they really just compare the insurance bill on a 100k car to a 30k 😆? Why not use similarly priced cars

@daem3n

5 ай бұрын

LOL! That’s what I said too! Horrible reporting.

@Wyynter

5 ай бұрын

Because they wouldn't have a video

@Clearanceman2

5 ай бұрын

I'm not sure their point, maybe that the fans tell you tesla is mainstream?

@miltonhayek2494

5 ай бұрын

When I checked the Model 3 against the new Prius it was still nearly twice the cost. At multiple insurance companies. One of my engineers got a deer with his rivian. It took 5 months to fix and cost $27,000.

@biiigdaaaddy

5 ай бұрын

model 3 is 30k, model Y plus tax credit and discount is also 30k+

did big oil make y'all do this video?

0:57 “now even though this real world person totally disproved the exact point we’re trying to make, we still need to finish this news video so we sat down with someone who will tell us exactly what we want to hear”

Cancel that insurance agent!! Never go to an overpriced agent!!!

What kind of driver pays $5000 annually for liability??? They probably shouldn't be driving.

@nelsond5361

5 ай бұрын

When I just got here in 2016, I was classified a new driver and my annual insurance on a $4000 car was $5600. Today I pay $1500 annually for a 50k SUV

@avarageplayer200

5 ай бұрын

An idiot. I have my 2015 tundra and my wife 2023 model y for 180 premium in costco car insurance

@jjn6914

5 ай бұрын

It's mostly for their inflated ego and to virtue signal they're "environmentally" conscientious, not even knowing how big and more dangerous of a polluter lithium batteries are for the Earth in the long term.

@franklofarojr.2969

5 ай бұрын

People that live in Las Vegas. And most of the people here shouldn't be driving, but they mess it up for the ones that are decent.

@videosuperhero100

5 ай бұрын

My friend got a tesla model 3... her insurance with same coverage thru tesla insurance is the same price as was her 2014 bmw 3 series car. This reporting is absolutely made to scare people away from evs.

Collision repair bills for any modern vehicles, especially electric vehicles, is outrageous. I work at a collision repair shop and I see $20k repairs for minor accidents every day

@riekumar6999

5 ай бұрын

This, I have a Tesla Model 3 and I absolutely love the car and EVs as a whole, but I despise these bullshit repair bills for body work or any work due to collisions.

@JBoy340a

5 ай бұрын

This is thanks the safety standard that all cars must now past. There are crumple zones in all cars, ICE or EVs. These zones fold in a collision to absorb the impact. This prevents the passengers body's from having to absorb this force. I would much rather get a new car or have a major car repair than break my leg, arm, hip, etc.

@riekumar6999

5 ай бұрын

@@JBoy340a I agree, but EVs in particular are well known for costly repairs than their gas counterparts. Part of it is that production costs are very high for now until further innovation is made and the lack of parts in general or access to repair shops. Tesla in particular is worse than them all, since they are very well known for requiring a specialized service, limiting the number of body shops, and having a large delay in obtaining parts for a repair.

@jeffw8218

5 ай бұрын

K but it’s MUCH worse if the vehicle is electric. There was a Hyundai EV that was scratched in Canada, the repair bill was $40,000!

@RaytheonNublinski

5 ай бұрын

They won’t mention that because the narrative they’re paid to push is “electric car bad”

This makes me hang on to my 00 maxima even more lol $450 for the year and still runs like a champ.

Forget brake fluid and air filter.

lol you are comparing the cost of insurance between cars with vastly different prices. No kidding the more expensive car is going to cost more to insure. If you look up the price to insure a $300k lambo it will be even higher

@Clearanceman2

5 ай бұрын

yeah but no one is telling us we need to go buy a Lambo.

@PelosiStockPortfolio

5 ай бұрын

@@Clearanceman2 Who is telling you to buy anything?

@Clearanceman2

5 ай бұрын

The government for one thing. They say we have to switch to electric cars to save the world 7 states have outlawed the sale of new fuel powered vehicles starting in 2035. Norway is 2025 and England is 2030. This is a first world world wide push. They ignore boats, lawn equipment, planes, jets, cargo ships, space X rockets, power sports, construction equipment and racing. But they are serious about making us switch over, GM says they won't make fuel powered cars after 2030 for example. @@PelosiStockPortfolio

@mason5540

5 ай бұрын

Pelosi is @@PelosiStockPortfolio

Oh and the last part about most people won't qualify for the tax credit. $300,000 for married couples filing jointly $225,000 for heads of households $150,000 for all other filers Median household income in Las Vegas is around $61k so I think many people will qualify.

@terelsbillsjackson2611

5 ай бұрын

@@hopperbopper The $7500 is a point of sale rebate now (which means that if you and the car you're buying qualify, the $7500 will be taken directly off the price of the car.

@CarriUSA

5 ай бұрын

It’s almost like being car rich and house poor…just saying.

@terelsbillsjackson2611

5 ай бұрын

@@hopperbopper it just went into effect on January 1. They are thirsty for our money 😂😭😅😭

@Matys1975

5 ай бұрын

A household making only 60k jointly should not be buying a Tesla 😂. Even will all the tax credits you should not be buying a car that’s more than 50% of your pre tax income 🤣

@mason5540

5 ай бұрын

Shouldn't be any gov subsidies period. If they were so great they should sell themselves

what 6k? and i pay 1200 a year for my 21 model y. where do they get their insurance quote from?

“There’s no maintenance. No fan belts.” “$15,000 battery entered the chat.” $15 fan belt “LOL!”

@Dontatmebr0

5 ай бұрын

Apparently it has no filter, so you get dirty AC

@deejaythedj1539

Ай бұрын

@@Dontatmebr0 the filter most people talk about is the oil filter EV’s do not have those. It does however have a cabin air filter all cars have those DUH! As well do you know how rare it is to have the battery replaced and it’s not $15k I priced it, it’s 9k and again it’s very rare to have to replace and the batteries come with a 8 year up to 125k mile warranty as well as the drivetrain. That’s like pointing out how much it cost to change an engine in a I.C.E car which is similarly priced and rarely has to happen as well.

@jjaus

19 күн бұрын

Lol, and 10 year warranty lol. EV engines are much longer lasting as well. 200,000 miles easily. Calculate the fuel, maintenance and a new engine and trannie for a regular car. Also, complete battery meltdowns are rare. PS, replacements are much cheaper now.

@Mr-Clark

19 күн бұрын

Every day that passes by EV batteries experience shorter range. Tesla has stopped making new super chargers. As they sell more cars lines will get longer. I’ll enjoy driving anywhere on the globe with my gas car without having the need to plan my destination based on charging stations. I love 2 minute refueling at gas stations 🤣🤣🤣

@jjaus

19 күн бұрын

@@Mr-Clark I bought my Tesla June 2023. The only place I have charged is in my garage. For free in the Summer and off peak rates in the winter. It takes more than two minutes to fill up an ICE car. I know, I own one and have done for more than 40 years. You sound American. You are clueless has to the reality of the rest of the world.

Those insurance prices are insane for normal cars and the teslas.

@ericli2936

5 ай бұрын

Yeah, that's crazy amount of money for insurance

@BoltRM

5 ай бұрын

​@@emotionalolThat doesn't mean the insurance price isn't insane. What a driver can afford has no correlation.

@lookingthroughice7843

5 ай бұрын

Those insurance prices are not on regular vehicles , they are only for EVs. Listen to what they're talking about. god some people are so stupid.

@kopper7509

5 ай бұрын

I considered a Tesla but the repair costs are really what concern me. I feel like I can’t truly afford one until I can afford two, just in case.

@pneudmatic

5 ай бұрын

@@lookingthroughice7843 The comparison cars (Camry, Altima, and Escape) are all ICEs... you were saying?

Those are insane insurance prices. I have 2 expeditions with 100k/300k full coverage and it is 1800 a year for both combined. Something feels fishy here with those quotes.

@AA_BB_CCC

5 ай бұрын

That’s a great deal. With who?

@Thebackson

5 ай бұрын

@@AA_BB_CCC just geico nothing special.

@donnyd311

5 ай бұрын

Do you live in Las Vegas? Auto insurance rates vary greatly state to state.

@kennethko1534

4 ай бұрын

It's very significantly different from state to state. It costs me roughly $500 per month for a 2023 BMW 228i and 2004 350z in LA. California (and Vegas as well) has a lot of uninsured drivers and thus that part of the bill is incredibly high. Living standard is also very high so repair shops cost more. Car culture is also more of a thing, so more accidents and drunk drivers. My most recent call to my Allstate agent asking about price matching other companies' quotes resulted in them telling me that the race between insurance companies is who can raise their rates faster b/c they're all losing money here and want to get out if they can't get approved for more rate hikes ASAP by the gov't. It's a sad state right now with inflation and illegal immigration. The world is completely upside down.

@Thebackson

4 ай бұрын

@@kennethko1534 So basically it is no more expensive to insure an EV than it is to insure any other vehicle of the same class? And still the article is BS.

I pay the same for my model 3 as I did for my Camry (insurance). I pay far less for fuel/electricity and zero maintenance other than tires. I've had two idiots run into me and the repairs were no more than any other vehicle. Going on 4 years and 60k miles. Best car ever. This video is a hit piece.

@misterg4059

5 ай бұрын

Indeed, the fossil fuel mafia will stop at nothing to kill Tesla😮

@petesig93

5 ай бұрын

Same here.

@aigtrader2984

5 ай бұрын

Same here but who are you going to believe? Your own personal experiences and those of literally every Tesla owner you run into or a number cruncher who's never operated the vehicle?

@raywhitehead730

4 ай бұрын

Been hit in a Ev? Resale value?

@TheJDW

4 ай бұрын

@@raywhitehead730 Yes been hit twice. It's currently worth 60% of the original purchase price with 65k miles

Why is Carl Cook of Cook insurance on 8 News Now talking about his company providing inflated EV insurance cost?

The video completely lost me when it started comparing a Tesla vs a Ford or Camry. All these claims depends on so many variables. Which state you are living in. How far you commute or how often you drive. Do you own a home or are you completely reliant on the supercharger networks. I own a Tesla model 3 2023 and believe me it’s still been waaaaayyy cheaper than the Nissan rogue I used to own. Insurance where I live is $183 per month. My Nissan rogue was at $147 so honestly it really wasn’t that big of a difference in the end.

@natechave2825

5 ай бұрын

Seeiously, comparing a Tesla to an old inki dinki truck he would let his high school son drive. That’s then only way they can prove that teslas are bad lol

@Robert-cu9bm

5 ай бұрын

The quote is for the same person and place just different cars.

@Chad_Max

5 ай бұрын

Anything is better than a Nissan Rogue, yikes. I'd like to know how the model 3 stacks up against a Lexus in terms of build quality and reliability...

@johnnywonka1211

5 ай бұрын

exactly !!

@Luisjusthere

5 ай бұрын

@@Chad_Max as I’ve told friends and family asking, I’m not a blind Tesla fan and definitely know that true luxury cars like say Lexus, Mercedes and BMW are higher up there in quality, Tesla is above Nissans and Toyotas Hondas etc in the general opinion but in mine I wouldn’t compare my model 3 to some Mercedes for example. However this video is definitely not comparing it fairly that’s for sure

Where the hell are people paying $7K per year for car insurance?

@zlonewolf

5 ай бұрын

The Tesla is worth 100k so insurance is high. Plus its full coverage. $600/ mo on full coverage for a $100k car.

@heyaisdabomb

5 ай бұрын

@@zlonewolf I still don't get how it could be that high. My 25k car new is $100 a month full coverage in San Francisco, which has very high insurance rates. Even extrapolating, that should be now more than $400 a month. And this video does a terrible job showing electric cars being more to insure, given they compares a $100k tesla to a $30k ford... And the 30k ford was still $6400 a year... So I'd say there numbers show the tesla is cheaper.

@Neojhun

5 ай бұрын

@@zlonewolf That FORD Escape cost about $38,000 new and the insurance was still $6,346. The reported numbers are insane. Your excuses make no sense.

@s.v.5829

5 ай бұрын

@@Neojhun I live in Iowa and have full coverage on my Tesla Model Y. It's $120/mo and I'm male, 31 years old so still considered "high risk" even with a clean record. There is a small chance that the MSM could be lying via cherry picking because Tesla doesn't advertise and makes money selling EVs and Ford and GM provide about 20% of all their funding with ads and lose money every time they sell an EV. Just this month Toyota recalled 1.8 million vehicles for faulty fuel injection systems making cars die on the highway. Tesla did an over the air software update that made the car nag you more often. Guess which one got all the headlines?

@twistedspine7300

5 ай бұрын

they aren't, it's propaganda

My car insurance is $1100/yr for a newer Tacoma. How is anyone paying $6k for a Ford Escape?

You are comparing the most expensive Tesla to the Toyota Camry and Nissan Altima? Seriously?

I'm a Tesla owner. I've heard that insurance can be more expensive. I haven't compared the cost of my premiums lately. But they seem reasonable. This report is sounding like they started out with a conclusion, and then went out to try to prove it. Unfortunately, they clearly had a tough time doing that. Otherwise, why would they compare insurance costs on a Tesla Model X to a Ford Escape's insurance cost?!! Those 2 vehicles are no where near the same class. The Model X is Tesla's most expensive vehicle. It's loaded with performance and tech. The Ford Escape is a basic family hauler. It's a fine car, but easily a couple tiers lower by any measure. That's a bogus comparison. Even the next model down from the Model X, the Model Y, is a step up from the Ford Escape. Ridiculous! They sprinkled in a few honest tidbits. Yes. Tires wear more quickly. And yes, having your kid drive a used truck will bring down your insurance costs as long as it isn't a Ford Raptor. Bad reporting guys. The information you're imparting is flawed... and seems to be done so on purpose.

@TheMoneyjuan

5 ай бұрын

It’s like when people compare Glock to Sig Sauer. Gotcha! Tesla luxury is better than a ford soccer mom car; jus as Sig is better than Glock by miles.

@onemotherpucker

5 ай бұрын

Soo...you haven't looked at the numbers, but you know better? SMFH

@scottdvorak5606

5 ай бұрын

When I first bought my car back in 2018, I did compare. It was no more expensive than anything else I was looking at. Honda Accord Hybrid, Camry Hybrid, etc. I currently pay $934 per year in Central Ohio for my Model 3. Also, would you compare a Ford Escape to any luxury brand SUV? Is that a fair comparison? What would you say is comparable to a Tesla Model X? @@onemotherpucker

@dmandman9

5 ай бұрын

shouldn’t they compare it to at least an Edge or the Lincoln equivalent?

@dontbanmebrodontbanme5403

5 ай бұрын

You're better than me in that you actually watched the whole video. Once I saw the dishonest comparisons they were doing, I immediately stopped the video. I only got half way through. I pay $87/month for my Tesla Model YLR. This was a hit piece.

I am 58 years old and have been insured with USAA for over 30 years. I just inputted a 2024 Tesla S for full coverage and the 6 month premium would be $931. I have a 2018 BMW M5 that I purchased new and last year my premium decreased from just over $800 every 6 months to $608 every 6 months for full coverage. Coverage is for San Diego County. The prices channel 8 is quoting seem out of line unless vehicle insurance in Las Vegas is that high.

@MiddleAgedMike

5 ай бұрын

I pay 1200 dollars a year for comprehensive insurance on my Performance MY and only have a 500 dollar deductible.

@WinstonOnBoard

5 ай бұрын

I copied you to compare the 2024 Tesla. $2,974.26 for 6 months. Assuming it’s not a loan / lease & I drive 12,000 a year & 1 car on policy

@user-eg3zs6oi7c

5 ай бұрын

it's not. in Brooklyn New York, it costs $750 to insure (monthly) a 2022 corvette base model for a 50 year old guy with no accident history. total scam price

@dontbanmebrodontbanme5403

5 ай бұрын

I pay $87/month to insure my Tesla Model YLR. I don't care if you live in downtown Beirut, nobody is paying $7k a year to insure a Tesla. This is a hit piece. They want to bash Tesla and came to a conclusion first, then made up numbers to back up their phony story.

Is the cost of a 2023 model X comparable to a 2023 Ford Scape ???

I’ve had a Nissan Leaf for two years. I’ve spent $150 on maintenance total. My insurance is been $1k per year.

@richardmenz3257

5 ай бұрын

Sadly my instance is 4k per year for Chevy bolt. Some states insurance just may more expensive for no reason.

@mytravls

5 ай бұрын

Who is the provider?

@nahma233

5 ай бұрын

​@@richardmenz3257 you're being ripped off or something else is up. I pay approximately 1400 per year for my bolt

@dontbanmebrodontbanme5403

5 ай бұрын

I have a Tesla Model YLR. 2023. I pay $87 a month to insure it. I don't know anyone spending $7k a year to insure a Tesla.

@michaellong2439

5 ай бұрын

@@nahma233the only factor that goes into insurance rates (minus the obvious of age, gender, etc) is how much insurance companies have to pay out on average in that area. some areas have big time car crash lawyers that make this number go way way up which makes insurance rates go way up. im a younger kid with a car worth about 5k and I pay 4 times less than my parents who are 60. they do have a newer car but theres no reason for it to be that much more

Those numbers are a crazy. Even for a normal gas car. I'm 27/Male and have a 2020 Modely Y(bought new) and when I was initially shopping around for full coverage insurance(when I was 24). I was given quotes between 120-250$ a month. I went with 120$ a month and i'd imagine i'm not in the greatest bracket for pricing giving my gender/age.

@kevinmanan1304

5 ай бұрын

You can get a 50cc scooter with 120mpg (equal to many EVs) for under $5k and insurance, registrations, & fees costs les than $100/year. your EV is keeping you poor.

@xtrey19x

5 ай бұрын

@@kevinmanan1304ah yes that just what we need a freaking scooter that exposes us to the elements and we’ll risk life and limb because the only protection we’ll have is a helmet. I’ll gladly spend more for more comfort and protection on the road.

@xtrey19x

5 ай бұрын

A few years older than you and my auto insurance cost about the same for my 2020 model 3.

@kevinmanan1304

5 ай бұрын

@@xtrey19x just priorities bro. You get a shiny new EV car and I get the decision to retire at 55. At least your car is fully insured for the month for the same amount amount I spend a year

@xtrey19x

5 ай бұрын

@@kevinmanan1304 I also have savings and investments. Make sure you keep paying that mortgage every month because I need my REIT dividend payouts on time 😉. Furthermore, I also plan to retire before 60 and not riding that scooter on the highway will increase my odds of actually making it to that age.

EV’s are magic! Run a standard car on fossil fuels is BAD. Run your EV on electricity made from fossil fuels is GOOD. MAGIC!

Model 3 are $40k... why such a freakout with insurance companies?

Oil company check has been cashed I see

@s.v.5829

5 ай бұрын

Didn't need it. Ford commercial played on the mid-roll and I'm sure GM commercial played for those who watched it on TV. Tesla doesn't pay the protection fees for this MSM racket.

@Rico0333

5 ай бұрын

lmao! Sponsered by Exxon. Btw, you know Exxon owns Lithium battery tech.

I'm in the San Francisco Bay Area and we had a 2013 Prius that was totaled. We bought a 2023 Model 3 and the insurance premium through Tesla Insurance is $40.00 less per month with more coverage. This article is what he media does best... Poor journalism.

@mocheen4837

5 ай бұрын

The Prius is similar because it is expensive to replace the catalytic converter.

@s.v.5829

5 ай бұрын

Just crossed the country in our Model Y, when we arrived my father in-law wanted to show off his new Prius... He couldn't get the nave to connect to apple car play or his phone pocket to charge his phone. He got in the Model Y and an hour later had an order placed before he even verified that he could return the Prius. Journalists hate Tesla because Tesla doesn't advertise. They are talking about "slowing growth" when EV sales went up by 58% in 2023 to mislead people and give GM and Ford time to work out the bugs in their EVs that are selling at a loss.

@ericli2936

5 ай бұрын

This is LV prices

@SiLaChaCha

5 ай бұрын

Just wait

@its-all-good

5 ай бұрын

@@s.v.5829 By far the best car and the most fun to drive I have owned after having BMW's (in my 20's), Porsche Cayenne and 911 (in my 30's), Toyota's Prius's in my 40's) now a Tesla (I am 53). It has its quirks and there is room for improvement but after 6 month and 11K miles, I would buy another. Tell father-in-law congratulations 👍

Insurance premiums as quoted in the USA are INSANE! We pay only one tenth of these prices in Australia for comprehensive insurance to cover property damage and theft. Even if I was to add in our TAC charge for personal injury and public liability that is still only another $700 for me. All told less than $1,500.

over 7k$ or 4k a year for insurance for a model x and camry? Is that correct, or did I misunderstand

I’m rather disappointed in this journalism. You compared a luxury electric vehicle to an economy car. Try putting the Tesla X up against the BMW SUV.

Wow, in Finland, where I live, I insure my Model S for 1200€/year, and that's with everything covered, like glass repair. 1200€/year is considered very expensive for insurance around here.

@llamaSHORTS1

5 ай бұрын

Insurance in Las Vegas is extremely high because people are allowed to purchase alcohol 24/7, consume it anywhere, and there are a ton of DUIs …that’s what that little comment about “and in this town, you’re gonna have some damage” was about How do I know? Was actually planning on moving there recently cuz a lot of other cost of living things are cheaper there

@BMW_Z4idiot

4 ай бұрын

SAY hello to Kimi Raikonnen if you see him

So this is what passes for "news" in Las Vegas these days? What next? Staying at a luxury resort on The Strip is more expensive than Motel 6 in the middle of nowhere NV? Maybe you should do an investigative report on that and try to figure out where are the hidden costs of visiting Las Vegas...

base on your report, I think the problem is the insurance company, not Tesla.

Cost of insurance depends on cost of vechicle too Ford escape cost much less than Model Y. Better to comparare to BMW or mersedes

@Neojhun

5 ай бұрын

The insurance cost for that Gasoline $38,000 Ford Escape is insane. That's someone with a horrible driving record.

I’m watching this video from Tokyo Japan. I once lived in Chicago. In the freezing night, police car and sheriff car patrolled announcing “If you furnace is broken, we will take you to a hotel nearby” The CEO of the EV company and your current President didn’t know of battery problems in the freezing weather, before selling EVs?

Basically in ten years electric bills will be around a thousand dollars a month

“In this town, you’re gonna have some damage.” That’s a bold claim to assume every car is going to be damaged. They’re basing this on the guarantee that you’re going to get into an accident.

@StrangeDisposition

5 ай бұрын

I’ve lived in the Bay Area California for many years and have never had a significant damage accident on four wheels because I am a pretty defensive driver. Two wheels is a slightly different story 😅.

@ianrobertson3419

5 ай бұрын

Ya, that was a weird quote, I'll be sure to stay away from Vegas with my car.

I’m 25 male and own a Model Y 22 and Model 3 23 and combined I pay $308 a month for both. That’s with a recent 96 in a 45 speeding ticket. Before it was $160, no way they are actually trying to sell those fake numbers for insurance lol

@Smllc22318

5 ай бұрын

You’re fake.

@tomc8157

5 ай бұрын

Not bad. How much is each payment for the cars?

@CarShopping101

5 ай бұрын

@@tomc8157 $308 a month is "not bad"? 😂 I pay $537 for 6 months

@tomc8157

5 ай бұрын

@@CarShopping101 I don't care about that part, I was interested in the other half. I pay 50 a month for 2 cars.

@Littlekitten_

5 ай бұрын

What city ?

I drive a model y currently and have had 6 Tesla’s (none in accidents wanted to try different versions/ranges). My current rate (through Tesla) is $130/mo. I did have progressive and geico and liberty (to try the rates out, Tesla Insurance was just the better choice). I don’t pay for maintenance, only for tires (and yes they do use up quicker) but I think it’s worth it, especially how cheap charging is. I charge at home mostly. And if you need any thing replaced (like a normal car) it’s about the same or less but Tesla does wonders for me. I love the mobile Tesla service and much more. For me at least I enjoy everything and haven’t had any minor or major issues with my Tesla or insurance coverage.

Can someone point out the hidden cost? Seems pretty upfront lol

Key takeaways from this video. -The man who’s a Tesla fan owns 4 Teslas, obviously a wealthy guy, so him and others who can afford a Tesla likely wont be affected by any repair or insurance costs. Kind of like how Range Rovers are extremely unreliable but they keep selling because the owners dont mind and can afford the repairs. -What kind of insurance rates are those for? A 16 yr old kid? Those rates seem awfully high

@aigtrader2984

5 ай бұрын

Probably why you should not be comparing a $60-$120,000 car to a Toyota Camry

@jack002tuber

5 ай бұрын

@@aigtrader2984 They probably cost about the same per pound. A Tesla is like 1500 lbs heavier than a ICE of the same size

How can they compare insurance rates between a $75,000 car, and a $30,000 car? Of course the Tesla will be much more expensive to insure than a Ford Escape.

@Neojhun

5 ай бұрын

But the Ford Escape annual insurance still cost $6,436. That is some wild numbers.

@Bum_Hip

5 ай бұрын

@@Neojhun don’t think one can put too much stock in these numbers. I have an EV that cost around the same as a Tesla, and my insurance is about $2200 a year.

0:50 Does he know his electric car still has oil, brake fluid, etc. and needs to have a service?

The problem is if you have a emergency and your tesla battery is low, you have to wait until it is charged which might be too late

This is a ridiculous segment. They are comparing the insurance cost of a Tesla Model 3 to low priced cars. Compare it to a BMW 3 series. They even compared the Model X to a low priced car. The Model X is a $80,000-$100,000 aluminum body car. How about comparing it to a Range Rover which is also aluminum. And to say that an old truck is less expensive to repair when in an accident, ok but it's not the same class of vehicle.

This was on my recommended list. I've lived in Turkey all my life and the algorithm decided a Las Vegas news station might pique my interest.

@daleviker5884

3 ай бұрын

That's funny. Maybe someone who lives in Vegas was recommended a Turkish news channel to keep the world in equilibrium?

How can you compare a Tesla Model X with a Ford Escape? Compare it with a Model Y and you'll notice the savings on insurance

No one seems to be talking about the cost of electricity to charge an electric car, especially here in San Diego where we have the highest electric costs due to our uncontrolled SDGE costs, thank you PUC.

We sold ours because the cost of operation. Plus a huge hassle. Owned it for 5 months

@SS-yw7vo

4 ай бұрын

What did you have?

A simple fact is that the cost of repair is not due to the fact that it is an electric vehicle, it’s due to the mindset of the companies making the vehicle who simply want them to be more difficult and expensive to repair, so that people come to the OEM to repair, or if that option is to expensive comparatively, to pressure the consumers to buy a new car; either of these options clearly grow their bottom line, one way which this is clear is something you guys said in this video, many shops are unable to work on teslas, this isn’t because they don’t have the expertise to fix cars, it’s because Tesla tries to use software to make the cars unfixable by anyone but them.

@charleschiu1383

3 ай бұрын

You are absouletly right.

THERES NO CAR REPAIRS UNTIL YOU HAVE...TO...REPAIR...YOUR...CAR...😂😂😂

There are some costs that is higher in an EV than normal cars but this report failed to actually crunch the numbers for a full cost of ownership.

I have a Mazda cx5 2019 and pay $180 a month for insurance with State farm. My friend just got Model Y 2023 and he pays $130 monthly through Tesla. We are about the same age, have relatively similar coverage, the only difference is he lives in a less “accident risky“ area, however his car is worth more than mine. To summarize, he actually pays less insurance than me. Just my personal experience.

I'm 50, I got quotes from Flo of $2,400 for the 3p and $2,200 for the Y new in 2023. 50/100/50 full. Did this guy quote his high school son for a new $100k rocket?

@s.v.5829

5 ай бұрын

Yeah probably. My rate is actually under 2k for my long range Y and I'm a man under 35. Its great to live in Iowa!

Tires at 7,000 miles, insurance sky high, unbelievable repair costs, battery replacements that are more expensive than the car, can’t get range at extreme temperatures or unfavorable road conditions, no chargers, broken chargers, long wait and charge times, etc…. thank god I don’t have to do an oil change!

What about nontesla cars? And who has ever replaced a drive battery?

The insurance quotes in this piece are insane regardless of the car type. Around $4,420/yr ($368/mo) for a Camry or Altima? Who’s paying that? I pay about $118/mo ($1,416/yr) to fully cover my Model 3. What is this reporter talking about?

No oil changes ? lol so the gears just spin with no lube ? Nice

@highvoltage3479

5 ай бұрын

There is a gear reduction box that needs maintenance, oil and a filter replacement. Some also have final drive box more oil . Much people don't know that. They listen salesman that just trying to make a sell

@ricksays7133

4 ай бұрын

I laugh at people who thinks there's no maintenance in EVs. Brakes, suspension, tires, coolant and gearboxes still need maintenance.

Misleading. there is a 20K difference in value between Tesla and ford listed. Yes buying a 50-70K tesla will cost more in insurance than a 30K (other) and a 120K BMW will cost more to insure than an 80K telsa. duh. These aren't hidden costs of owning an EV. They are perfectly expected costs of buying a 70K car

How are they hidden costs if anyone can look up or check the cost?

Sooo the prices aren’t the cars it’s the insurance … 🧐

@gullreefclub

5 ай бұрын

Don’t forget states are raising the license plate registration fees to many times over an internal combustion engine vehicle because EV’s don’t pay any fuel taxes. Fuel taxes are used to build and maintain streets, roads, highways and bridges. Additionally with automakers cutting the range of EV’s to reduce sticker prices there is a lot of places an ev owner cannot drive to outside of metropolitan area and they won’t be able to do so for decades to come. Additionally EV range is dramatically cut in cold weather and if the battery charge is below a certain amount the heater and ac cease to function. EV’s might be ok in cities but they are not usable in urban and rural areas and have severe limitations on long distance travel. A Ford executive recently tried to travel across the country in his ev f150 and had to curtail his travel plans because of charging station availability and functionality. Lastly my cousin purchased a Tesla and he was told by his insurance company that he could not park it his attached garage because of fire hazards and if he did so and it caught fire he was not covered for damage to his home and his car.

This is hilareous. I seems someone in the Channel 8 sales department said that Tesla was cutting into their revenue because they don't sell through dealers that advertise on Channel 8. And they made the news guys discredit Tesla specifically and EV ownership (which do not need services) in general.

How much does it cost in time to recharge a tesla when you take into account refueling a normal vehicle takes 5 ~ 10 minute depending on the type, and how much is that time worth to a person?

@johnn17golf

4 ай бұрын

You're not sitting around doing nothing while charging, dude! The 15 minutes that I spend at supercharger each week is time used to return calls and emails.

@andrewenglish3810

4 ай бұрын

@@johnn17golf You need to stop speaking for yourself and speak for the rest of the folks.

@johnn17golf

4 ай бұрын

@andrewenglish3810 go to any charger, nobody considers charging time as lost time. They rest, work, chat... Only those who can't think for themselves buy the oil lobbyist line that charging time is lost time.

@andrewenglish3810

4 ай бұрын

​@@johnn17golf Old people do. As Bill Gates said in a program he did and shared online, as we get older we have less time. EV todays for the younger kids who love to waste time answering emails and text messages on their smart phones. You have the wrong idea about oil. Renewable energy if there is such a thing is backed 100% by big oil. EV's would come to easy if they didn't have a hand in it.

@johnn17golf

4 ай бұрын

@@andrewenglish3810 I am over 60, not exactly young. You may be happy swallowing what foreign oil lobbyists sell you, but you are the tiny minority. Maybe read Gates comment in its entirety. The context matters!

Love how they compare a 100k+ car with a 30k car like do they expect the 3 times more expensive car to have cheaper insurance?

Our model y is less than $1400 a year for full coverage. Where is this guy coming up with $4000+ insurance premiums??

@kennethko1534

4 ай бұрын

Vegas. And other places (like Los Angeles) with lots of uninsured drivers, high living standard, and prevalent drunk driving.

@CaliSteve169

4 ай бұрын

I live in LA. I pay 3K a year full coverage for a 2019 Prius Prime and 2021 Honda Pilot Elite.

@mrm1885

4 ай бұрын

had a 2017 Model S in Sweden Stockholm I payed 1450 sek 150 USD / year for liability insurance. The Full insurance was 1200 usd / year. I sold it because it was to expensive insurance 😂 also many repairs. The older Model s are a disaster for repairs. I have a new 2023 BMW 530e and it's about half the price of a Tesla for insurance insurance. The Teslas are more expensive to repair and insure for sure.

@mrm1885

4 ай бұрын

The cost of living in LA is insane. The more I learn it's crazy. Starting to understand why you guys have so many homless.

Craig/the old man is absolutely right. No maintenance, no oil change, no belt change, and NO MONEY LEFT. Another expensive toy.

I’m paying $1,400/year for insurance (Model 3 Performance). I pay $100-$150/month for Supercharging, compared to $1,000-$1,500/month for filling up premium gas for my previous ICE car. I save like $11,000 per year! I’ll save even more when I can charge at home a few months from now 👍

@user-lk7li9yv2e

3 ай бұрын

Holy crap! I have never known anyone paying $1000-$1500 per month in gas. That is crazy.

@murmaider2

3 ай бұрын

Bro I spend like 100 dollars a month in gas. You driving to California to New York everyday?

@user-lk7li9yv2e

3 ай бұрын

🤣@@murmaider2

I thought I was getting fucked with $2500 per year on insurance. Those numbers are insane.

Submission and stupidity have real consequences.

Did you guys just compare insurance cost of a 100K vehicle to a 30K vehicles? Hahahaha. Fuel alone will cost an extra 2K a year and what about oil changes, tune ups, brakes, transmission flush, coolant change, fuel filters, smog checks, O2 sensors? I agree there might be a hidden cost on insurance but it’s not as much as you reported. You need to compare 100K cars with other 100K cars. Try BMW X7. What’s the insurance on that thing? Also what about all the hidden costs of ‘ICE’ vehicles like the items I mentioned? Not great reporting here. Btw, I drive a gas guzzling 4x4 SUV. Maintenance is much higher compared to wife’s Tesla. Insurance is only slightly better.

@davidwade7681

5 ай бұрын

When ur battery goes good luck its not cheap lol😅

@s.v.5829

5 ай бұрын

@@davidwade7681 400k miles is the average life cycle of a Tesla battery. That said, the $35,000 LFP Tesla Model 3 has never had a battery failure and 1 of them is up to 700,000 miles. In theory it should last about 1.3 million miles. 6000 cycles multiplied by 270 miles range with a degradation factor of .85. How long will your engine last?

The tires wear down quick as well. Do to the car being fast and fun to launch, as well as being 4420 pounds. You will go thrrogh tires a lot faster than normal cars.

@Neojhun

5 ай бұрын

What a bunch of absurd nonsense. Not many people afford those $70,000 plus high performance EVs. Attainable price BEV witch around 200hp to 330hp and weighs around 3900lbs or less do not have those tire problems. Your comparison is not relevant to normal cars, 550hp plus high performance BEVs are limited ownership extreme vehicles. Your comment is an insane rumour.

@Cz007_

5 ай бұрын

Through* tires, than* normal cars

@GunnyMac360

5 ай бұрын

this is true about the tires, but its not a normal car Bubba. My Model Y Performance does 0-60 in less than 4 seconds. If I had a Porsche or Corvette that I drive as hard as the MYP it would go through the same amount of tires. Now my 2014 Jeep Grand Cherokee , its had the same All Terrain tires for the last 60K miles and weighs just as much just for comparison sakes.

@user-my4xu4gf1z

5 ай бұрын

​@@GunnyMac360mans bought a model y for performance 😂😂 Teslas look so dull and boring man like wtf? Yall dont even have a HUD OR GAUGE CLUSTERS 😮 What a boring ass view to look at everyday. A single bulky ugly steering wheel with tesla etched in and not even a metal badge on it.A single iPad. Sure does look like the "future" in their 😂 doesn't seem like ur experiencing a luxury sports car or a luxury car. Luxury sports car give u carbon fiber around the car, carbon bucket seats or luxury seats,HUD, full self driving and auto park, buttons that feel good to press not having to scroll and take ur eyes off the road, higher grade material sport steering wheel that feels cool too have ur hands on, and a unique dashboard across the front. U can make it feel like ur in pure luxury or a luxury sports car. Tesla is neither its just so blah. I'm mindblown thats ur entire dashboard still. Won't even get into the plain jane "egg"like look of the model Y😂 not aggresive or mean looking at all. Shit turning no heads looks like basic traffic 💀

@GunnyMac360

5 ай бұрын

@@user-my4xu4gf1z all that to say you'd lose in a race to my Tesla...bless your heart

Folks, EVs are very specific vehicles, where there is no existing aftermarket for either parts or repair. Everything must be done by the dealership, only. Further, there are no universal components shared among EV vehicles, other than tires, and maybe wiper blades. Second they carry a hefty risk should they catch fire. These things drive the cost of ownership through the roof. Further, warranty on your battery pack, does not mean you get a new battery pack under warranty.

Repair cost is high for all modern cars not just EV. I had a scratch on my 2018 ICE car on bumper and insurance specified body shop replaced the bumper and had to call the manufacturer to reset the sensors. I didn’t believe them but the insurance company told me that’s how it works now; and this is why insurance premium is so high. I would have taken it to a local shop get it fixed for $200 if not for those not even damaged sensors. So not only I paid $500 deductible and premium increases for three years.

If you're paying the high insurance rates they're quoting in this video it's because you've never shopped around. Insurance companies just love those kind of people, year in and year out.

@lucylovitt9583

5 ай бұрын

Not in the UK they're not. EV insurance figures are literally rocketing. One guy on the edge of London had his premium go from £990 pa to £2300. Of course he went to shop around and was not even offered a quote at three mainstream insurance companies.

So you got an opinion from two people. One from an insurance company who’s business name rhymes with a streaming music service. You mix in information about “dealerships” not wanting to stock them or service them while showing Tesla chargers with their logo prominently displayed and then claim there is only one Tesla service center in Las Vegas. Nice reporting. Stick to alien UFO stories.

"Your father's Oldsmobile" My father had a Prius

Also, what is their resell value after like 5 years?

@johnn17golf

4 ай бұрын

It's gonna be hard getting rid of your ICE in 5 years, nobody wants them. Resale value of ICE is the one to watch drop precipitously in the next 5-10 years

I used to drive a charger V8 same price as my model 3 at the moment. What surprised me was the registration cost.

@Tuck_Frump

5 ай бұрын

I know same here. 4 years ago I was in Las Vegas NV energy meeting and tried to bring that up and the host of the meeting didnt' think the registration was high at all.

@userofsharingan

5 ай бұрын

Ev tax since we don’t pay gas tax at the pump

Comparing a Model X to a Ford Escape and then not explaining why the collision is 3x as much. Seriously what kind of journalism is this? The tires on almost any luxury EV are always going to wear out fast because they're low profile and built for looks and performance instead of road comfort and longevity. Put some "ugly" 18" tire with huge 65 sidewalls on your Model Y or Mach E (as long as the calipers clear) and you'll get 40K miles on them. You run Cup 2s and wonder why they're gone in 5K miles. The only real hidden cost is lengthy repair times and that will only improve as the models become more mainstream. This is a definite problem for ride share people. Toyota will always have engine mounts for a Camry hybrid in stock. Getting mounts for an X7 might take up to a month to come in from Germany.

@Chris-ku1gz

5 ай бұрын

There is no "journalism" anymore, it's "news." Different. Also, it's not news, it's 24/7 propaganda. Go to youtube if you want to know anything about anything, because you'll never get the truth from the so-called News.

Just buy Toyota hybrid , you don’t have to do anything, it charges its self, no plug, and you still save on gas. The only problem you have to change that battery after 5-10 yrs for $5k

I thought I was getting screwed paying nearly $2,000 a year for my car. Couldn't imagine double or triple.

Breaking news: a brand new luxury vehicle is more expensive to repair and insure than an “old truck”

@Eduardo_Espinoza

5 ай бұрын

luxury vehicle, that didn't come with buttons