The hidden costs of owning electric cars

EV owners love their cars. But an 8 News Now Investigators' examination of insurance costs and other money associated with ownership of electric vehicles shows the bottom line might be a lot higher than consumers realize.

[@tpp4007]

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]

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

[@jjbasic3041]

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

[@zigadabooga]

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

[@josefarrington]

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

[@sunnym.4077]

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.

[@TonyTang604]

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]

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

[@brandonderrick006]

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

[@Rico0333]

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

[@dexterseptember5787]

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

[@jaleru]

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

[@GaryWinstonBrown]

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]

Best thing you can do to derisk is diversify.

[@RandalHebert]

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]

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]

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]

What is bro yapping about

[@FreekHoekstra]

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]

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]

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]

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

[@christianraygoza5676]

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

[@jazziez6467]

that price for a ford escape seems triple normal price

[@omarzaire2997]

So glad you called that out

[@BoltRM]

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

[@THEBLACKMANISGOD82]

easy to steal ​@@BoltRM

[@BoltRM]

@@THEBLACKMANISGOD82 ahh then joyriders crash it into something else

[@JayTee2985]

$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]

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]

...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]

I pay 150 a month for my Tesla performance

[@lamgineer]

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]

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

[@rugbynimbus]

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]

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

[@1776GalacticXRP]

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

[@Rheisler1475]

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]

people who wants to save gas money @@Rheisler1475

[@therealthreadkilla]

@@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]

​@@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]

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

[@SteveBueche1027]

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

[@inertiaspinner555]

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

[@abingham3747]

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]

they got lot of goverment bail outs before.

[@skullhart]

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

[@jonpierson559]

Self insure.

[@4691475]

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]

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]

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

[@MrFastFox666]

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

[@keithb6717]

Democrats, right? Cult like belief in evs.

[@AJones-oq6xc]

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

[@nintendoconvert4045]

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

[@Cool_kid_jones]

😂😂😂

[@TheJDW]

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]

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

[@petesig93]

Same here.

[@aigtrader2984]

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]

Been hit in a Ev? Resale value?

[@TheJDW]

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

[@jessealexander1405]

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]

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

[@mikehughes8023]

We did it Joe😂!

[@dobermanguy9437]

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]

@@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.

[@shlidgn90]

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]

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

[@TheForwardThinker]

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

[@TheForwardThinker]

​@@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]

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

[@GunnyMac360]

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

[@PaliAha808]

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

[@rogerstarkey5390]

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

[@PaliAha808]

@@rogerstarkey5390 , ok, that too.

[@FIatts]

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”

[@janbrittenson210]

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

[@nelsond5361]

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]

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

[@jjn6914]

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]

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]

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.

[@audenharper3014]

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

[@daem3n]

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

[@Wyynter]

Because they wouldn't have a video

[@Clearanceman2]

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

[@miltonhayek2494]

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]

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

[@antonioramirez8213]

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

[@scottdvorak5606]

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]

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]

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

[@scottdvorak5606]

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]

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

[@dontbanmebrodontbanme5403]

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.

[@smc419]

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]

@@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]

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

[@terelsbillsjackson2611]

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

[@Matys1975]

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]

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

[@wmweeza]

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

[@JustSayItBruh]

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

[@PelosiStockPortfolio]

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]

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

[@PelosiStockPortfolio]

@@Clearanceman2 Who is telling you to buy anything?

[@Clearanceman2]

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]

Pelosi is @@PelosiStockPortfolio

[@The_R-n-I_Guy]

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]

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]

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]

@@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]

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]

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

[@SayNoToIdiots]

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

[@theraddadinvestor1000]

did big oil make y'all do this video?

[@Thebackson]

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]

That’s a great deal. With who?

[@Thebackson]

@@AA_BB_CCC just geico nothing special.

[@donnyd311]

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

[@kennethko1534]

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]

@@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.

[@Mr-Clark]

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

[@Dontatmebr0]

Apparently it has no filter, so you get dirty AC

[@deejaythedj1539]

@@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]

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]

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]

@@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.

[@cynthia6389]

Submission and stupidity have real consequences.

[@Luisjusthere]

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]

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]

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

[@Chad_Max]

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]

exactly !!

[@Luisjusthere]

@@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

[@HollywoodRecordingStudio]

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

[@richardmenz3257]

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

[@mytravls]

Who is the provider?

[@nahma233]

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

[@dontbanmebrodontbanme5403]

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]

@@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

[@FGMQ836]

The job of a news provider is to create articles that are fair. This article is so bias. Such a sad day for journalism when news provider decides to give a lopsided information, bias, and poor job at creating an article that presents facts.

[@stevemelton4388]

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!

[@Whillie_Whonka1]

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

[@zlonewolf]

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

[@heyaisdabomb]

@@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]

@@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]

@@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]

they aren't, it's propaganda

[@Ender_Wiggin]

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

[@ericli2936]

Yeah, that's crazy amount of money for insurance

[@BoltRM]

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

[@lookingthroughice7843]

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]

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]

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

[@NC-it6im]

WRONG, I’m an EV owner in CA and the electricity cost is now more expensive than filling up with gas. PLEASE listen, as an EV owner it’s a horrible choice to go electric. Don’t fall for the EV colt mentality… I’m telling you as an EV owner myself.

[@Rattlesomecages]

EV sales have TANKED... move on...

[@jamesmurphy9426]

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

[@geneg6343]

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]

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

[@WinstonOnBoard]

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]

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]

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.

[@Cstegg]

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]

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]

@@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]

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

[@kevinmanan1304]

@@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]

@@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.

[@garyellenor2892]

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.

[@WanderlustWonderscape]

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

[@BryceLovesTech]

Oil company check has been cashed I see

[@s.v.5829]

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]

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

[@its-all-good]

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]

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

[@s.v.5829]

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]

This is LV prices

[@SiLaChaCha]

Just wait

[@its-all-good]

@@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 👍

[@tjhessmon4327]

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.

[@computerfan1079]

My god. The guy at first says the main advantage is little to no repair, they continue on to say that repair is a great expense. Feels like a piece funded by oil money tbh

[@jhawk6014]

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.

[@KwokChunMan]

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]

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]

SAY hello to Kimi Raikonnen if you see him

[@Nonyabusiness111]

Making one battery for an electric car will do more damage to the environment than a gas guzzler will do in 60 years

[@nagatoshi2090]

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?

[@nicholasrivera9280]

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]

You’re fake.

[@tomc8157]

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

[@CarShopping101]

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

[@tomc8157]

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

[@Littlekitten_]

What city ?

[@R0M8N]

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]

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

[@BoGuMoto]

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...

[@GGallagher]

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.

[@user713Blvd]

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

[@Ccvikings2009]

“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]

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]

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

[@c0r5e]

4:07 Next day bros insurance rate doubled 😂

[@genuineimpulse9134]

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!

[@mikeymyke]

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]

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

[@jack002tuber]

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

[@olivercollard8767]

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]

You are absouletly right.

[@acorestorres]

Wait til u have to buy a battery 😂 😂😂😂😂

[@04sti20]

So I guess the tires, brakes, ball joints, tir rods, suspension, and most importantly, the battery doesn't need replacing. Guess he forgot about that maintenance.

[@Bum_Hip]

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]

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

[@Bum_Hip]

@@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.

[@smc419]

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.

[@gomerhanger2285]

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

[@jbqu3142]

Ev owners love their cars and they think they like the planet. Do they know this: To manufacture each EV battery, you must process 25,000 pounds of brine for the lithium 30,000 pounds of ore for the cobalt 5,000 pounds of ore for the nickel, 25,000 pounds of ore for copper Diging up 500,000 pounds of the earth's crust For just - one - battery.

[@ac2leung]

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]

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

[@murmaider2]

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

[@user-lk7li9yv2e]

🤣@@murmaider2

[@AlexLA007]

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.

[@ALWH1314]

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.

[@galesams4205]

In tenn. the governor signed a bill approveing a 200.00 increase in licene plate for a joeobamo electric auto.

[@James-ke5sy]

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]

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.

[@selimgure]

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]

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

[@aruns6808]

Toyota Is Right: We Need More Hybrid Cars and Fewer EVs.

[@rogerstarkey5390]

(Pssssst...... They are "worst of both worlds! Think it through!!)

[@petesig93]

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.

[@xtrey19x]

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?

[@GeadheadNV]

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]

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!

[@DFRKR]

Emergencies Power outages, old batteries, exploding old batteries not filling up how they're supposed to the classic problem with batteries. When they get old, it takes more to charge though and it's still unreliable.

[@kyleweedon5851]

400 miles or so?!?! Does the media need to know anything about what they’re reporting on? There’s no Tesla that has that range… currently

[@daem3n]

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]

When ur battery goes good luck its not cheap lol😅

[@s.v.5829]

@@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?

[@JBoy340a]

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.

[@ScubaSteveCanada]

Maintenance on my EV: Replace low conductivity coolant every 3 years = $3,000.00 (far exceeds oil changes). Replace tires more often due to excessive weight of the EV.

[@pahanin2480]

The benefits of looking rich and getting looks outweighs the struggles

[@eddieg6436]

I’ve had my 2014 BMW i3 ELECTRIC car for 9 years…..no issues, no problems. The range isn’t the best, but it’s PERFECT for the city (I have another vehicle for long trips). The BMW has been GREAT!! (Zero gas stations). I just traded it in after NINE YEARS for a new, electric Genesis GV60 with a 10 year/ 100,000 mile warranty. 🥂👍

[@bwofficial1776]

That's the best use case for EVs: around town runabouts when you have another car when you need more capability. EVs aren't a one-size-fits-all solution for many if not most people. There's nothing wrong with buying an EV if you want to but it shouldn't be forced.

[@mason5540]

i3 range sucks ass

[@eddieg6436]

@@mason5540 ……My i3 was a 2014, what do you expect, 350 mile range?!? The 120 miles was PERFECT for my daily commute, and errands around town. The solar panels on my roof charged it wonderfully for 9 years. …..GET A LIFE. 🤷🏼‍♂️🥂

[@mason5540]

I leased one myself and I know for sure you are lying about your solar panels charging it wonderfully @@eddieg6436and also about 120 mile range. real world more like 100

[@ouethojlkjn]

Innovative cars for their time for sure, pricey but well engineered. Shame BMW kind of drifted away from this electrification approach or they would probably be market leaders by now.

[@DrMikel-dp4kb]

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

[@SS-yw7vo]

What did you have?

[@jsistoza21]

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

[@justsayingforafriend7010]

Note: If you have a EV ensure you buy in advance the AAA Platinum Titanium Black Express+ Towing package. To include the extended range UBER package. Because you will need it constantly.

[@mattb6001]

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

[@kennethko1534]

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

[@CaliSteve169]

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

[@mrm1885]

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]

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.

[@Tokamak3.1415]

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]

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.

[@linus5699]

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

[@liamjohnson8000]

Honestly, the idea that you need insurance to cover everyone else who is also required to have insurance to cover everyone else is actually absurd. Insurance should be completely optional and cover yourself only..

[@laughitout1331]

Your tesla car alone is your life insurance. I've been watching a lot of tesla crashed videos, and trust me those crash are brutal especially it's aftermath yet all owners where surprisingly survived.

[@Neojhun]

The attempted murder case at Devil's Slide Cliff is such a disturbing criminal case. But thank god the kids and the mother survived.

[@naneyezgani]

Same principle as helmets, get wrecked completely but absorb more shock to protect the person

[@mikeicee]

lol just google doctored burned alive in Tesla... or the one that decapitated in a model 3 ...

[@chuyrorcks14]

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

[@gullreefclub]

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.

[@jamsbong]

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.

[@michaelp4122]

If you own a Lotus, and get in a fender bender, it costs $2,000 to replace a body panel that would notmally cost $400. The reason is they have much more bends and basically need to be replaced. But if you want a Lotus, that won't stop you, same with Tesla. Tesla's also have expensive fender bender repairs because there are very few spare parts and insurance doesn't want to pay for a 6 month rental while you wait. Good to hear that insurance is probably about 1.5x an ICE car, that makes a difference. ICE can be cheaper

[@Pennychaser1]

I'm in Vega and a Tesla owner. Problem with Teslas is insurance cost is higher and registration cost in NV is insane. Only few body shop are certified to work on them. EV adoption has long away to go. Tesla needs to let independent shop work on their cars. But I love my MYP

[@mason5540]

I live in northern NV and registration is much cheaper than it was in CA

[@ianrobertson3419]

You think a body shop needs to be certified for a specific car? Do you have any proof of that?

[@Pennychaser1]

@@ianrobertson3419 just google it. Lucid, rivian, and oh my tesla has been in an accident only repairable by only handful of bodyshops in entire city of Las Vegas. My wife works with accident lawyers

[@brandonderrick006]

I speak for all of us when I say 99.99% of Tesla owners are never switching brands.

[@HondaRidea]

Well it does 0-60 in 2 seconds so that just automatically makes it the fuckin greatest car in the universe 😂 cuz we need that

[@double_joseph327]

Facts. Only people that don’t have a Tesla love to hate on them.

[@MrsAmy24.7]

​@double_joseph327 hate on tesla 😂you mean the car with a symbol of a dagger 🗡 and people die locked inside when it decides to burn or drive like it's possessed by a demon no thank you.

[@Lucy-R2R_Happiness]

​@@MrsAmy24.7stop just stop doing drugs. Don't make up a scenario or worse use a rare event to fit your agenda. I just saw ICE cars act up wildly for no reason. It happens to any car.

[@gustavoberdu1370]

I don't think you are serious... 😂

[@MRNNJ4]

It is interesting that they did not mention anything about the cost to replace the battery in an EV. I know there are some hybrids that cost 10-12k for the battery and then another 1-2k for labor every 80,000 miles. Some of these EVs have double if not triple that cost for the same service.

[@ianrobertson3419]

Why would you have to replace it though?

[@MRNNJ4]

@@ianrobertson3419 The time frame set for that change would be a question for these manufactures maintenance division. The battery does degrade over time. The overall charging capacity will lower given you a shorter driving range the more cycles that the battery goes through and how it is charged just like any other battery. There is also the cost associated to these batteries when they get replace. I am not sure if there is a recycling process in place or if they are going to sit in some storage yard or warehouse.

[@ianrobertson3419]

@@MRNNJ4 batteries will only require replacement if they fail. If the battery loses capacity over time then it's up to you to decide if it's necessary.

[@MRNNJ4]

@@ianrobertson3419 Well I will tell that to my friend that own Hybrids and EVs. I am not just blowing smoke, speaking from experience.

[@ianrobertson3419]

@@MRNNJ4 there was a study releaseed last year comparing degredation from DC fast charging vs ac level 2 charging. Short of it was it doesn't matter, environmental factors make more.

[@nicolasgauthier5359]

Of course a 70k car is going to be twice as expensive to insure as a 35k car. It's twice as expensive. What a shock!

[@edjeep]

I just bought a cherried out 2004 Honda Civic for 1k, and I can fix it myself, with no fancy computer in it, etc

[@DatSick]

Lucky, unfortunately my car still going 10 years strong , looking forward to having a unreliable car again like in my teens .

[@mocheen4837]

Congratulations on being able to purchase and work on your own vehicle.

[@TypicalBlox]

how do we tell him that pretty much every car since the 90s have computers in them

[@DatSick]

@@TypicalBlox I don’t know if he knows that meaning of the word