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.
Пікірлер: 3 900
@tpp40075 ай бұрын
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!
@egpg295 ай бұрын
Right?? I’m paying about $1700 a year for my Camry and I’m in Cali lol
@jjbasic30415 ай бұрын
yeah lmao I pay double rates becuase im under 20 and I still only pay like 4k/y for my civic
@zigadabooga5 ай бұрын
No clue. I'm paying $130 a month for my Tesla, full coverage, plus some. So this whole report seems fake AF.
@josefarrington5 ай бұрын
Yes, this looks to be an anti-electric vehicle video. Probably they inflated some numbers.
@sunnym.40775 ай бұрын
This floored me, I've been driving a ford gt mustang 2004 for the last 10 years (bought with cash), insurance 480$ full coverage for 6 months. I'm never going to go past 2010 models for a while.
@TonyTang6045 ай бұрын
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.
@jalanperak5 ай бұрын
Exactly. Comparing insurance costs of a $100K vehicle to a $40K vehicle is dishonest at best.
@brandonderrick0065 ай бұрын
Don’t say EV , say Tesla that is the only EV that matters. Unless you don’t have an iPhone lol.
@Rico03335 ай бұрын
They also compared a teen owning a Tesla to an "old truck". lmao.
@dexterseptember57875 ай бұрын
Yes wtf! Like saying ooh, a Mercedes G wagon is more expensive to ensure than a VW Golf.. well duh!
@jaleru5 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.
@Valentine-sd2fb20 күн бұрын
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-ss7ri20 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-pg8yr20 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-ql1hu3fr4f20 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-pg8yr20 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-ql1hu3fr4f20 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
@GaryWinstonBrown5 ай бұрын
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
@Annakrueger8225 ай бұрын
Best thing you can do to derisk is diversify.
@RandalHebert5 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.
@Rhgeyer2785 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
@Rhgeyer2785 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.
@ARandomDonut5 ай бұрын
What is bro yapping about
@christianraygoza56765 ай бұрын
Comparing an $80k Model X to a $30k Ford Escape? LOL give this man the Pulitzer Prize.
@jazziez64675 ай бұрын
that price for a ford escape seems triple normal price
@omarzaire29975 ай бұрын
So glad you called that out
@BoltRM5 ай бұрын
I wonder why the Escape has such high liability? Is it lack of visibility for the driver?
@THEBLACKMANISGOD825 ай бұрын
easy to steal @@BoltRM
@BoltRM5 ай бұрын
@@THEBLACKMANISGOD82 ahh then joyriders crash it into something else
@JayTee29855 ай бұрын
$7k for 12 months insurance? What?! My friend owns a Tesla and only pays $1400/year. Not sure who’s doing the math here.
@edpz51905 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
@AudiTTQuattro20035 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.
@natechave28255 ай бұрын
I pay 150 a month for my Tesla performance
@lamgineer5 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.
@scottdvorak56065 ай бұрын
Just checked. Same here. Tesla Model 3 - older driver with a good record. $1200 for the year in Ohio. @@edpz5190
@FreekHoekstra5 ай бұрын
So we’re going to compare $100,000 Tesla model X versus a $30,000 Camry…. And we’re shocked that it’s more expensive to insure? At least do model 3 versus Camry then, At least, both of those are sedans, and both of those are somewhat reasonably priced . The gap would be far smaller, obviously
@IMAPOTATOZ3 ай бұрын
Right?? Even my model 3, which is the price of a Camry, i pay 98$ a month for full coverage thru Tesla Insurance. But that wont engage clicks though, im sure.
@user-zn7wx2lm9z3 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
@CluelessSi2 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.
@selbyjohnson598614 күн бұрын
I came here for this lol. They took one of the most expensive cars and compared it to a freaking Camry.
@rugbynimbus5 ай бұрын
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.
@elitestar2 ай бұрын
Guess that’s the price you pay if you want no state income tax 😂
@46914755 ай бұрын
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.
@dothework735 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
@zigadabooga5 ай бұрын
@@dothework73 No big oil, Auto unions produce EVs too.
@MrFastFox6665 ай бұрын
Yeah, comparing a luxury SUV to an economy sedan isn't quite apples to apples
@keithb67175 ай бұрын
Democrats, right? Cult like belief in evs.
@AJones-oq6xc5 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
@SteveBueche10275 ай бұрын
Name me a time when insurance companies reported a loss for the year.
@inertiaspinner5555 ай бұрын
No doubt, they even fund sport stadiums and all that expensive advertising. It’s a business
@abingham37475 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-jz8kg5 ай бұрын
they got lot of goverment bail outs before.
@skullhart5 ай бұрын
They should be more regulated. No more expensive ads and wasteful race boats. It's completely unnecessary!
@jonpierson5595 ай бұрын
Self insure.
@1776GalacticXRP5 ай бұрын
"Glorified golf cart". Well that's a vote of confidence 😂
@Rheisler14754 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?
@shunjohn35674 ай бұрын
people who wants to save gas money @@Rheisler1475
@therealthreadkilla4 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-zo6dd3 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-ln9bk7mo3l3 ай бұрын
And yet he's passionate about it. It appears @1776GalacticXRP has slow on uptake with humor.
@nintendoconvert40454 ай бұрын
1:13 Director: “Ok, now zoom in on his old hands. Yeah, that’s nice.”
@Cool_kid_jonesАй бұрын
😂😂😂
@jerseyboyfilms313712 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
@shlidgn905 ай бұрын
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.
@ju41215 ай бұрын
Are you comparing Tesla to audis and Porsche 😮😮😮. 😅😅😅
@TheForwardThinker5 ай бұрын
@@ju4121 Absolutely He is, because Teslas are way more reliable, better performance and much lower total cost of ownership!
@TheForwardThinker5 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!
@CourtneyNielsen5 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.
@GunnyMac3605 ай бұрын
@@ju4121 why not? faster, more reliable, less TCO, better resale value
@jessealexander14055 ай бұрын
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? 😅
@JBoy340a5 ай бұрын
The TV stations sales department. The sell commercial time to car and manufactures dealers. But, Tesla does NOT advertise.
@mikehughes80235 ай бұрын
We did it Joe😂!
@dobermanguy94375 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
@deejaythedj1539Ай 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.
@PaliAha808Ай бұрын
Why didn't you ask the Tesla fan about insurance & the cost of tires?
@rogerstarkey5390Ай бұрын
Tires? *Probably* (/s) less than the cost of "mandatory Franchise Dealer servicing" required to maintain the warranty of an ICE car?
@PaliAha808Ай бұрын
@@rogerstarkey5390 , ok, that too.
@wmweeza5 ай бұрын
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
@audenharper30145 ай бұрын
Did they really just compare the insurance bill on a 100k car to a 30k 😆? Why not use similarly priced cars
@daem3n5 ай бұрын
LOL! That’s what I said too! Horrible reporting.
@Wyynter5 ай бұрын
Because they wouldn't have a video
@Clearanceman25 ай бұрын
I'm not sure their point, maybe that the fans tell you tesla is mainstream?
@miltonhayek24945 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.
@biiigdaaaddy5 ай бұрын
model 3 is 30k, model Y plus tax credit and discount is also 30k+
@janbrittenson2105 ай бұрын
What kind of driver pays $5000 annually for liability??? They probably shouldn't be driving.
@nelsond53615 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
@avarageplayer2005 ай бұрын
An idiot. I have my 2015 tundra and my wife 2023 model y for 180 premium in costco car insurance
@jjn69145 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.29695 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.
@videosuperhero1005 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.
@SayNoToIdiots5 ай бұрын
Cancel that insurance agent!! Never go to an overpriced agent!!!
@antonioramirez82132 ай бұрын
This makes me hang on to my 00 maxima even more lol $450 for the year and still runs like a champ.
@PelosiStockPortfolio5 ай бұрын
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
@Clearanceman25 ай бұрын
yeah but no one is telling us we need to go buy a Lambo.
@PelosiStockPortfolio5 ай бұрын
@@Clearanceman2 Who is telling you to buy anything?
@Clearanceman25 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
@mason55405 ай бұрын
Pelosi is @@PelosiStockPortfolio
@smc4195 ай бұрын
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.
@terelsbillsjackson26115 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.
@CarriUSA5 ай бұрын
It’s almost like being car rich and house poor…just saying.
@terelsbillsjackson26115 ай бұрын
@@hopperbopper it just went into effect on January 1. They are thirsty for our money 😂😭😅😭
@Matys19755 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 🤣
@mason55405 ай бұрын
Shouldn't be any gov subsidies period. If they were so great they should sell themselves
@Mr-Clark5 ай бұрын
“There’s no maintenance. No fan belts.” “$15,000 battery entered the chat.” $15 fan belt “LOL!”
@Dontatmebr05 ай бұрын
Apparently it has no filter, so you get dirty AC
@deejaythedj1539Ай 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.
@jjaus23 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-Clark23 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 🤣🤣🤣
@jjaus23 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.
@genuineimpulse91345 ай бұрын
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!
@The_R-n-I_Guy5 ай бұрын
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
@riekumar69995 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.
@JBoy340a5 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.
@riekumar69995 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.
@jeffw82185 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!
@RaytheonNublinski5 ай бұрын
They won’t mention that because the narrative they’re paid to push is “electric car bad”
@scottdvorak56065 ай бұрын
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.
@TheMoneyjuan5 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.
@onemotherpucker5 ай бұрын
Soo...you haven't looked at the numbers, but you know better? SMFH
@scottdvorak56065 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
@dmandman95 ай бұрын
shouldn’t they compare it to at least an Edge or the Lincoln equivalent?
@dontbanmebrodontbanme54035 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.
@JustSayItBruh5 ай бұрын
THERES NO CAR REPAIRS UNTIL YOU HAVE...TO...REPAIR...YOUR...CAR...😂😂😂
@FIatts5 ай бұрын
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”
@Luisjusthere5 ай бұрын
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.
@natechave28255 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-cu9bm5 ай бұрын
The quote is for the same person and place just different cars.
@Chad_Max5 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...
@johnnywonka12115 ай бұрын
exactly !!
@Luisjusthere5 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
@Whillie_Whonka15 ай бұрын
Where the hell are people paying $7K per year for car insurance?
@zlonewolf5 ай бұрын
The Tesla is worth 100k so insurance is high. Plus its full coverage. $600/ mo on full coverage for a $100k car.
@heyaisdabomb5 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.
@Neojhun5 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.58295 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?
@twistedspine73005 ай бұрын
they aren't, it's propaganda
@TheJDW5 ай бұрын
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.
@misterg40595 ай бұрын
Indeed, the fossil fuel mafia will stop at nothing to kill Tesla😮
@petesig935 ай бұрын
Same here.
@aigtrader29845 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?
@raywhitehead7304 ай бұрын
Been hit in a Ev? Resale value?
@TheJDW4 ай бұрын
@@raywhitehead730 Yes been hit twice. It's currently worth 60% of the original purchase price with 65k miles
@Thebackson5 ай бұрын
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_CCC5 ай бұрын
That’s a great deal. With who?
@Thebackson5 ай бұрын
@@AA_BB_CCC just geico nothing special.
@donnyd3115 ай бұрын
Do you live in Las Vegas? Auto insurance rates vary greatly state to state.
@kennethko15344 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.
@Thebackson4 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.
@geneg63435 ай бұрын
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.
@MiddleAgedMike5 ай бұрын
I pay 1200 dollars a year for comprehensive insurance on my Performance MY and only have a 500 dollar deductible.
@WinstonOnBoard5 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-eg3zs6oi7c5 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
@dontbanmebrodontbanme54035 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.
@FGMQ8365 ай бұрын
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.
@GGallagher3 ай бұрын
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 $130/mo. I did have progressive and geico and liberty (to try the rates out, Tesla Insurance was just the better choice). I don’t pay for maintenance, only for tires (and yes they do use up quicker) but I think it’s worth it, especially how cheap charging is. I charge at home mostly. And if you need any thing replaced (like a normal car) it’s about the same or less but Tesla does wonders for me. I love the mobile Tesla service and much more. For me at least I enjoy everything and haven’t had any minor or major issues with my Tesla or insurance coverage.
@theraddadinvestor10005 ай бұрын
did big oil make y'all do this video?
@Cstegg5 ай бұрын
Those numbers are a crazy. Even for a normal gas car. I'm 27/Male and have a 2020 Modely Y(bought new) and when I was initially shopping around for full coverage insurance(when I was 24). I was given quotes between 120-250$ 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.
@kevinmanan13045 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.
@xtrey19x5 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.
@xtrey19x5 ай бұрын
A few years older than you and my auto insurance cost about the same for my 2020 model 3.
@kevinmanan13045 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
@xtrey19x5 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.
@jamesmurphy94264 ай бұрын
Basically in ten years electric bills will be around a thousand dollars a month
@simplelife42135 ай бұрын
base on your report, I think the problem is the insurance company, not Tesla.
@HollywoodRecordingStudio5 ай бұрын
I’ve had a Nissan Leaf for two years. I’ve spent $150 on maintenance total. My insurance is been $1k per year.
@richardmenz32575 ай бұрын
Sadly my instance is 4k per year for Chevy bolt. Some states insurance just may more expensive for no reason.
@mytravls5 ай бұрын
Who is the provider?
@nahma2335 ай бұрын
@@richardmenz3257 you're being ripped off or something else is up. I pay approximately 1400 per year for my bolt
@dontbanmebrodontbanme54035 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.
@michaellong24395 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
@Ender_Wiggin5 ай бұрын
Those insurance prices are insane for normal cars and the teslas.
@ericli29365 ай бұрын
Yeah, that's crazy amount of money for insurance
@BoltRM5 ай бұрын
@@emotionalolThat doesn't mean the insurance price isn't insane. What a driver can afford has no correlation.
@lookingthroughice78435 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.
@kopper75095 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.
@pneudmatic5 ай бұрын
@@lookingthroughice7843 The comparison cars (Camry, Altima, and Escape) are all ICEs... you were saying?
@petesig935 ай бұрын
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.
@tjhessmon43275 ай бұрын
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.
@its-all-good5 ай бұрын
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.
@mocheen48375 ай бұрын
The Prius is similar because it is expensive to replace the catalytic converter.
@s.v.58295 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.
@ericli29365 ай бұрын
This is LV prices
@SiLaChaCha5 ай бұрын
Just wait
@its-all-good5 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 👍
@KwokChunMan5 ай бұрын
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.
@llamaSHORTS15 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_Z4idiot4 ай бұрын
SAY hello to Kimi Raikonnen if you see him
@2011blueman17 күн бұрын
"The new tesla plaid that I have"...ok so he doesn't care what his insurance costs him, he's wealth .
@garyellenor28923 ай бұрын
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.
@BryceLovesTech5 ай бұрын
Oil company check has been cashed I see
@s.v.58295 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.
@Rico03335 ай бұрын
lmao! Sponsered by Exxon. Btw, you know Exxon owns Lithium battery tech.
@R0M8N5 ай бұрын
Cost of insurance depends on cost of vechicle too Ford escape cost much less than Model Y. Better to comparare to BMW or mersedes
@Neojhun5 ай бұрын
The insurance cost for that Gasoline $38,000 Ford Escape is insane. That's someone with a horrible driving record.
@Nonyabusiness1114 ай бұрын
Making one battery for an electric car will do more damage to the environment than a gas guzzler will do in 60 years
@stevemelton43884 ай бұрын
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!
@jhawk60145 ай бұрын
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.
@nagatoshi20905 ай бұрын
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?
@defensegeneral98934 ай бұрын
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
@nicholasrivera92805 ай бұрын
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
@Smllc223185 ай бұрын
You’re fake.
@tomc81575 ай бұрын
Not bad. How much is each payment for the cars?
@CarShopping1015 ай бұрын
@@tomc8157 $308 a month is "not bad"? 😂 I pay $537 for 6 months
@tomc81575 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 ?
@Bum_Hip5 ай бұрын
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.
@Neojhun5 ай бұрын
But the Ford Escape annual insurance still cost $6,436. That is some wild numbers.
@Bum_Hip5 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.
@EatMoreMeat.5 ай бұрын
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
@Dontatmebr05 ай бұрын
I feel like people who own electric vehicles are the same people who fall for the gift card scams with the IRS
@borinvlogs5 ай бұрын
Who cares as long as they like it. What haters don't understand is the fact that not everyone is broke like them.
@Dontatmebr05 ай бұрын
@@borinvlogs one of the main selling points is saving money on gas. If that’s not broke boy status, I don’t know what is
@Ccvikings20095 ай бұрын
“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.
@StrangeDisposition5 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 😅.
@ianrobertson34195 ай бұрын
Ya, that was a weird quote, I'll be sure to stay away from Vegas with my car.
@AlexLA0075 ай бұрын
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.
@vegask25 ай бұрын
The car insurance prices are non sense. Not even close to the actual cost. What a terrible worthless segment. I wonder what union car company paid for this.
@lazykingdom5 ай бұрын
Forget brake fluid and air filter.
@olivercollard87675 ай бұрын
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.
@charleschiu13834 ай бұрын
You are absouletly right.
@user713Blvd5 ай бұрын
Craig/the old man is absolutely right. No maintenance, no oil change, no belt change, and NO MONEY LEFT. Another expensive toy.
@mikeymyke5 ай бұрын
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
@aigtrader29845 ай бұрын
Probably why you should not be comparing a $60-$120,000 car to a Toyota Camry
@jack002tuber5 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
@ALWH1314Ай бұрын
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.
@michaelp41225 ай бұрын
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
@smc4195 ай бұрын
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.
@selimgure5 ай бұрын
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.
@daleviker58843 ай бұрын
That's funny. Maybe someone who lives in Vegas was recommended a Turkish news channel to keep the world in equilibrium?
@DFRKR4 ай бұрын
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.
@BoGuMoto4 ай бұрын
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...
@ac2leung5 ай бұрын
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-lk7li9yv2e4 ай бұрын
Holy crap! I have never known anyone paying $1000-$1500 per month in gas. That is crazy.
@murmaider24 ай бұрын
Bro I spend like 100 dollars a month in gas. You driving to California to New York everyday?
@user-lk7li9yv2e4 ай бұрын
🤣@@murmaider2
@daem3n5 ай бұрын
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.
@davidwade76815 ай бұрын
When ur battery goes good luck its not cheap lol😅
@s.v.58295 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?
@jonathantyrrell18725 ай бұрын
I love that this guy is wearing an Acura RLX jacket while claiming he loves his Tesla so much😂😂😂
@GeadheadNV5 ай бұрын
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.58295 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!
@chuyrorcks145 ай бұрын
Sooo the prices aren’t the cars it’s the insurance … 🧐
@gullreefclub5 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.
@SilverCymbal17 күн бұрын
My car insurance is $1100/yr for a newer Tacoma. How is anyone paying $6k for a Ford Escape?
@jsistoza213 ай бұрын
what 6k? and i pay 1200 a year for my 21 model y. where do they get their insurance quote from?
@JBoy340a5 ай бұрын
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.
@bubbainidaho16915 ай бұрын
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.
@Neojhun5 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
@GunnyMac3605 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.
@G82Watts5 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 💀
@GunnyMac3605 ай бұрын
@@G82Watts all that to say you'd lose in a race to my Tesla...bless your heart
@christopherrmcg4 ай бұрын
There actually IS maintenance on electric cars..the owners just neglect to do it!
@computerfan10795 ай бұрын
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
@xtrey19x5 ай бұрын
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?
@eddieg64365 ай бұрын
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. 🥂👍
@bwofficial17765 ай бұрын
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.
@mason55405 ай бұрын
i3 range sucks ass
@eddieg64365 ай бұрын
@@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. 🤷🏼♂️🥂
@mason55405 ай бұрын
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
@ouethojlkjn5 ай бұрын
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.
@SeanManks5 ай бұрын
This video is utterly hilarious. Also, the Insurance Companies need to come up with terms that EV is the future or U.S.A. will be always dependent upon Saudi companies to provide the oil (gas). 😮
@phexac5 ай бұрын
And these insurance prices is why you don't go to an insurance agent lol
@DrMikel-dp4kb5 ай бұрын
We sold ours because the cost of operation. Plus a huge hassle. Owned it for 5 months
@SS-yw7vo4 ай бұрын
What did you have?
@Pennychaser15 ай бұрын
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
@mason55405 ай бұрын
I live in northern NV and registration is much cheaper than it was in CA
@ianrobertson34195 ай бұрын
You think a body shop needs to be certified for a specific car? Do you have any proof of that?
@Pennychaser15 ай бұрын
@@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
@2011Savere3 ай бұрын
Oh what a tangled web we weave. No moving parts to fix but if you tap it it’s thousands to fix. 😂😂😂
@jessesan20035 ай бұрын
"Your father's Oldsmobile" My father had a Prius
@smallego80685 ай бұрын
Germany introduced a monthly commuters ticket for all regional public transport (train, bus, subway) that is valid in the entire country for roughly 50$/month. A measurement to support people after covid and the war in Ukraine. Initially I thought about getting an EV but after this government measurement I decided to sell my car and switch to public transport completely. Now i spend 50$/month on transportation. Before - when I owned a car - it was several 100$/month.
@mrbob95565 ай бұрын
well, the public transportation in the US is an expensive and unreliable system. It only makes sense in bigger cities the risks you take in places like NYC is not worth it.
@smallego80685 ай бұрын
@@mrbob9556 I didn't know there is another way to get into central New York than public transport. Where are all the parking lots?
@ianrobertson34195 ай бұрын
Congratulations on living in a small developed nation with decent infrastructure. North America doesn't have that luxury.
@James-ke5sy5 ай бұрын
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.
@lucylovitt95835 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.
@justsayingforafriend70104 ай бұрын
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.
@ScubaSteveCanada5 ай бұрын
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.
@gael2735 ай бұрын
No oil changes ? lol so the gears just spin with no lube ? Nice
@highvoltage34795 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
@ricksays71335 ай бұрын
I laugh at people who thinks there's no maintenance in EVs. Brakes, suspension, tires, coolant and gearboxes still need maintenance.
@UberHypnotoad5 ай бұрын
I just went from a Mazda 3 to a Hyundai Ioniq 6 and my insurance only went up about $200 per year. Sure tires need slightly quicker replacement, but that’s way more than offset by not having oil changes or gasoline. There are a lot of fears out there about electric cars. As an owner, I can tell you they’re nearly all either misleading or completely unfounded.
@ScubaSteveCanada5 ай бұрын
The original Ioniq 5 uses low conductivity coolant which cost $3,000.00 every 3rd year ... kinda exceeds the savings from oil changes. You are lucky Hyundai changed the design.
@thursdaythought72015 ай бұрын
@@ScubaSteveCanada $3,000? Try $300
@adrian36864 ай бұрын
You bought a hyundai ioniq?? Lmfaoooo… dude you missed the memo… you totally f’ed now.
@BonanzaPilot4 ай бұрын
I have had a Tesla car since 2012. That is 12 years. My model 3 Performance, I have had 5.5 years now. Costs $600 a YEAR for full coverage including 0 deductible glass. In the 12 years I have had EVs I have spent right at $4000 total on repairs, most of them were aesthetic. The earliest I have had to replace tires was at 35k miles. The only real "hidden cost" I've encountered was in 2012 I had to have a Nema 14-50 plug installed in my garage. That cost me $400. More than recouped that in the 200k miles I have driven at .04 a mile though..
@stevehiner73923 ай бұрын
Wow, that’s a low rate and that’s cheap for the plug. Guess you did it a while ago so can understand. My plug was a little more than $800 but had to run it a distance to my breaker box. Include the charger cost and it’s over $1,000. Our electric rate is almost 3X more than yours but still is substantially less than fuel.
@galesams42053 ай бұрын
In tenn. the governor signed a bill approveing a 200.00 increase in licene plate for a joeobamo electric auto.
@Tokamak3.14155 ай бұрын
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-ku1gz5 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.
@laughitout13315 ай бұрын
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.
@Neojhun5 ай бұрын
The attempted murder case at Devil's Slide Cliff is such a disturbing criminal case. But thank god the kids and the mother survived.
@naneyezgani5 ай бұрын
Same principle as helmets, get wrecked completely but absorb more shock to protect the person
@mikeicee5 ай бұрын
lol just google doctored burned alive in Tesla... or the one that decapitated in a model 3 ...