Comment on ‘The quotes were £5,000 or more’: electric vehicle owners face soaring insurance costs

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Brickhead92@lemmy.world ⁨1⁩ ⁨year⁩ ago

This was us a couple years ago. Budgeted for a Tesla as a 2nd vehicle, did a test drive, looked into things like insurance and servicing more closely and noped out of it. At the time it was about $3200 a year to insure a Model 3.

Instead of getting a single car, I got a Hyundai EV, and we traded in the old Toyota Hybrid as well and got a plug-in hybrid for less than the Tesla would have cost us. Plus insurance for both is about $1000 less than the Tesla alone. The math didn’t make sense.

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