More bad news for EVs

[klondike]

'The quotes were £5,000 or more': electric vehicle owners face soaring insurance costs

Driving an electric car should be a win-win, saving money and the planet. So David* was shocked when the insurance on his Tesla Model Y came up for renewal, and Aviva refused to cover him again, while several other brands turned him away.

When David did secure a new deal, the annual cost rocketed from £1,200 to more than £5,000.

"My insurer was Aviva from July 2022 to July 2023, but when it was coming up for renewal, I received a letter stating that they would not be covering the Tesla Model Y any more," David says. "I am a member of a Tesla UK owners forum, and lots of other people seem to be having the same issue."

In the Facebook group, members share stories of horror renewal quotes, with increases ranging from 60% (up to £1,100) to a staggering 940% (a jump from £447 to £4,661, according to a screengrab shared by one driver).

"I spent weeks on every comparison site as well as trying individual insurers and specialist brokers, but either they wouldn't cover the car or the quotes were £5,000 or more," says David, whose only change in circumstance was three points on a licence.

Privilege, Vitality, Axa and the specialist broker Adrian Flux were among the brands he found were "unable to insure him at this time" before he nailed down a policy with Direct Line, albeit at a price.

"The best quote I could get was from Direct Line at £4,500," he says, adding that the total cost exceeded £5,000 once the interest for paying monthly was included, "because who has got that kind of money in one go?"

Read more : https://www.theguardian.com/money/2023/sep/30/the-quotes-were-5000-or-more-electric-vehicle-owners-face-soaring-insurance-costs

[Michael Rolls]

hopefully, this will help stop the advice of these stuoid bloody devices!

[Diasi]

Reading through the whole article confirms what I thought, it's the cost of repairs that make virtually all EVs write-offs in the case of any impact that causes chassis damage which will obliterated the £10,000 battery.

The initial insurance cost of £1,200 should have been enough of a red flag to stop him buying it.

[JBR]

I wonder how long it will be before ALL owners of EVs sell them off for as much as they can get for them.

Another fine idea of the government, scuttled by practicalities and common sense.
Well, they've put off 2030 until 2035 in their desperation.  I wonder what they'll do next.

Gas-powered cars?  Elastic band-powered cars?  Pedal cars?

[Diasi]

I wonder how long it will be before ALL owners of EVs sell them off for as much as they can get for them.

Another fine idea of the government, scuttled by practicalities and common sense.
Well, they've put off 2030 until 2035 in their desperation.  I wonder what they'll do next.

Gas-powered cars?  Elastic band-powered cars?  Pedal cars?

And all to save 1% of the world's total pollution emissions.

I honestly despair at the sheer arrogant stupidity of the UK's climate change morons.

[Michael Rolls]

me too

[Ashy]

I think our politicians are leading us up a blind alley and they are too stupid to know.

[klondike]

As I said on the football mystery though - follow the money. There is a lot in it for those providing a home for the wind turbines and those operating them. Certainly enough to use a portion of it to persuade our politicians what a great idea they are.

[Diasi]

As I said on the football mystery though - follow the money. There is a lot in it for those providing a home for the wind turbines and those operating them. Certainly enough to use a portion of it to persuade our politicians what a great idea they are.

Sadly you're spot on, but anyone who looks at your banner or the National Grid: Live programme can see what an absolute crock it is.

There's a hardly a day where renewables aren't the minority generating types.

[Cassandra]

Over here one chap in town was not amused when his Tesla 'sunk' through his 12 year old screen blocked driveway up to it's axles. They are double the weight of a normal car and being mostly small wheel based, the burden of distribution has the same effect as Stiletto heels on soft flooring. Also if they catch fire (which happens not infrequently) they burn intensely and are most difficult to extinguish. Some Green newbies who bought with their hearts and not their heads are learning first hand the frightening cost of battery replacement as a capital item. They are worth bugger all secondhand too as most stateside vehicles cover much higher average mileages than the UK, so their faults on short range and re-charging have been exposed far faster. They eat tyres and suspension springs too.

Many States are considering higher excise duties as they wreck roads, bridges, multi-story car parks etc, as well as their owners pockets. Personally I think they have all the crossed appeal of several hundred flash lights powering as oversized bathroom accessories.

Unfortunately you have Grant 'Herr flick' Schapps and Caroline 'Greeny' Nokes with about 259 other vegan wets  masquerading as Tories who seem obsessed with the damn things ...

[JBR]

Over here one chap in town was not amused when his Tesla 'sunk' through his 12 year old screen blocked driveway up to it's axles. They are double the weight of a normal car and being mostly small wheel based, the burden of distribution has the same effect as Stiletto heels on soft flooring. Also if they catch fire (which happens not infrequently) they burn intensely and are most difficult to extinguish. Some Green newbies who bought with their hearts and not their heads are learning first hand the frightening cost of battery replacement as a capital item. They are worth bugger all secondhand too as most stateside vehicles cover much higher average mileages than the UK, so their faults on short range and re-charging have been exposed far faster. They eat tyres and suspension springs too.

Many States are considering higher excise duties as they wreck roads, bridges, multi-story car parks etc, as well as their owners pockets. Personally I think they have all the crossed appeal of several hundred flash lights powering as oversized bathroom accessories.

Unfortunately you have Grant 'Herr flick' Schapps and Caroline 'Greeny' Nokes with about 259 other vegan wets  masquerading as Tories who seem obsessed with the damn things ...

Thankfully, most of those Tesla lovers, although being loaded with money are proportionately lacking in common sense.
Actually, if they have enough money to burn without even noticing it, they'll probably continue to 'invest' in Teslas and look down on us thinking they're more intelligent than the rest of us.

[dextrous63]

No wonder Musk wants to get the hell off the planet before people realise he's been selling the emperor's new clothes.

[klondike]

I got a watch with a step counter about a month back. It encouraged me to take a walk eaxh day, This is not a very affluent area and on my walk I've noticed lots of quite old cars. There are plenty from around 2005 and even some older ones. I doubt there will ever be 18 year old EVs still in use unless there are some big life expectancy improvements with the batteries along with reduced prices. A 12 year old car is worth maybe £1000 or less and a £500 repair being neeeded would probably lead to it being scrapped so the chance of any old car getting a £10k battery replacemeny is pretty much zero.

[Michael Rolls]

I've mentioned it before, but it may have not been seen by all on this thread. Letter in the paper, must be two or three months ago. Chap needed a new battery for his Tesla - £16,000! Many folk can't afford that for a car, never mind a sodding battery. Shocked at the price he managed to get a reconditioned one (whatever that means) for a mere £10,000.

[klondike]

I suspect reconditioned means one rebuilt from intact cells from damaged ones. That is just a guess.