[MashinBenzin]

The odd thing with the insurance was the EV6 GT-line, EV, marginally slower, same ballpark price, was about half the cost to insure as the Model Y.

[MashinBenzin]

Originally Posted by Nibbles

Yep pretty low speed, the guy just didn’t look as he was pulling out of a side road into traffic. Scratch and small dent on the front wing, bumper and the wheel. Still going to be over £3k to fix apparently and that’s before they’ve checked the wheel alignment to see if that’s now out or anything else is damaged like the headlight fixings. So I can see why the insurance on them is a little higher.

Hope you get it fixed without too much hassle.

[JustChris]

Originally Posted by MashinBenzin

The odd thing with the insurance was the EV6 GT-line, EV, marginally slower, same ballpark price, was about half the cost to insure as the Model Y.

Very odd indeed.
Ordinarily I’d have said that’s due to being new and no ‘accident data’ building up as yet. That was how it felt when I got an early M4 insured for less than the 335D it replaced (with the same insurer all other things remaining the same).

…however the MY is arguably the same age or newer so makes little sense?

Maybe insurers are aware you’re all in the back seat getting dreased while on auto pilot watching Netflicks?

[KRS_SN]

The cynic in me thinks most bmw drivers have decamped to tesla and insurers have panicked.

[MashinBenzin]

Originally Posted by JustChris

Very odd indeed.
Ordinarily I’d have said that’s due to being new and no ‘accident data’ building up as yet. That was how it felt when I got an early M4 insured for less than the 335D it replaced (with the same insurer all other things remaining the same).

…however the MY is arguably the same age or newer so makes little sense?

Maybe insurers are aware you’re all in the back seat getting dreased while on auto pilot watching Netflicks?

I think it was no data combined with volume. We have no data on this car and 10,000 of you want to insure it in September….hmmmm.
Could be wrong of course.

I think I benefited from no data with the 440i GC, got mine in the first few months and it was cheaper than the 7 year old 320d it replaced! Then the Discos were cheaper again. It all went wrong when I followed Mars-man.

[KRS_SN]

I would think plenty of data out there re ev.
A search suggests Model y was on the road in the US in 2020 and model 3 since 2017/18. These are hardly an unknown quantity.

[HighlandPete]

Originally Posted by KRS_SN

I would think plenty of data out there re ev.
A search suggests Model y was on the road in the US in 2020 and model 3 since 2017/18. These are hardly an unknown quantity.

Maybe the data coming in isn't isn't good news for the insurance companies. Been some strange accidents with Tesla, whatever the reasons and causes.

We know how risk adverse insurance companies are.

[MashinBenzin]

Originally Posted by KRS_SN

I would think plenty of data out there re ev.
A search suggests Model y was on the road in the US in 2020 and model 3 since 2017/18. These are hardly an unknown quantity.

I doubt that insurance company pricing systems in the UK are taking data feeds from US insurers. Too many variables and factors that don’t cross the Atlantic.

I do think, if I’m an insurance company, that I don’t want to increase my exposure to a new model or manufacturer too quickly. Being the cheapest could lead to being exposed to do much unquantifiable risk.

Would be interesting to hear from someone that works in risk modelling.

[MashinBenzin]

Originally Posted by HighlandPete

Maybe the data coming in isn't isn't good news for the insurance companies. Been some strange accidents with Tesla, whatever the reasons and causes.

We know how risk adverse insurance companies are.

I’d suspect the data is more about more basic factors. The odd strange accident probably matters less than a poor supply chain of bumpers meaning dozens of cars off the road and incurring courtesy car costs.

All just my thoughts.

[KRS_SN]

HighlandPete
MashinBenzin

https://www.electrifying.com/blog/kn...much-to-insure



1. Security:
Thatcham, the organisation that sets the UK’s insurance groups, doesn't like Tesla’s security systems and gets very nervous about the smartphone and card key situation, thinking it makes the car easier to steal. As a result, they bump up the grouping which means you pay more

2: Speed:
Even a standard Model 3 can accelerate faster than a 1990s Ferrari, and this is a risk for new and inexperienced drivers. One broker we spoke to said: “We see a lot of accidents in the first two weeks of Tesla ownership. This is partly because people aren’t used to the instant acceleration, but I suspect some drivers like to show off what their new car can do and simple come unstuck.”

3: Poor design:
Cars have bumpers so they can shrug off the odd parking knock. But not on a Tesla. Look at the back of a Model Y and you’ll see that the bit that sticks out the furthest is the metal tailgate and not the plastic bumper like it is on any other car. Which means that even the tiniest of knocks will dent your and expensive and complicated panel rather than a deformable piece of plastic.

4: Parts supply:
If you do bump your Tesla, some parts to repair it are in short supply. Owners report having to wait months for certain components which are needed to complete a repair after even the smallest bump.

Besides the inconvenience, it means you’ll expect a nice courtesy car while you wait. And that means the cost of the claim will be thousands and thousands as the hire car fees add up. Insurance companies hate that, so make you pay more for your premium.



https://www.reuters.com/business/aut...rs-2023-01-26/


Nibbles
Hope yours gets repaired soon at hopefully at no/little cost to you

[cramsnik]

Originally Posted by KRS_SN

HighlandPete
MashinBenzin

https://www.electrifying.com/blog/kn...much-to-insure



1. Security:
Thatcham, the organisation that sets the UK’s insurance groups, doesn't like Tesla’s security systems and gets very nervous about the smartphone and card key situation, thinking it makes the car easier to steal. As a result, they bump up the grouping which means you pay more

2: Speed:
Even a standard Model 3 can accelerate faster than a 1990s Ferrari, and this is a risk for new and inexperienced drivers. One broker we spoke to said: “We see a lot of accidents in the first two weeks of Tesla ownership. This is partly because people aren’t used to the instant acceleration, but I suspect some drivers like to show off what their new car can do and simple come unstuck.”

3: Poor design:
Cars have bumpers so they can shrug off the odd parking knock. But not on a Tesla. Look at the back of a Model Y and you’ll see that the bit that sticks out the furthest is the metal tailgate and not the plastic bumper like it is on any other car. Which means that even the tiniest of knocks will dent your and expensive and complicated panel rather than a deformable piece of plastic.

4: Parts supply:
If you do bump your Tesla, some parts to repair it are in short supply. Owners report having to wait months for certain components which are needed to complete a repair after even the smallest bump.

Besides the inconvenience, it means you’ll expect a nice courtesy car while you wait. And that means the cost of the claim will be thousands and thousands as the hire car fees add up. Insurance companies hate that, so make you pay more for your premium.



https://www.reuters.com/business/aut...rs-2023-01-26/


Nibbles
Hope yours gets repaired soon at hopefully at no/little cost to you

Its interesting to read the Reuters article, in particular the bit regards Tesla's own insurance "offering rates up to 30% lower than competitors"

The UK version appears to be run by Direct Line, iirc the quote I had from them was over £1300.. hardly competitive.

[MashinBenzin]

Originally Posted by KRS_SN

HighlandPete
MashinBenzin

https://www.electrifying.com/blog/kn...much-to-insure



1. Security:
Thatcham, the organisation that sets the UK’s insurance groups, doesn't like Tesla’s security systems and gets very nervous about the smartphone and card key situation, thinking it makes the car easier to steal. As a result, they bump up the grouping which means you pay more

2: Speed:
Even a standard Model 3 can accelerate faster than a 1990s Ferrari, and this is a risk for new and inexperienced drivers. One broker we spoke to said: “We see a lot of accidents in the first two weeks of Tesla ownership. This is partly because people aren’t used to the instant acceleration, but I suspect some drivers like to show off what their new car can do and simple come unstuck.”

3: Poor design:
Cars have bumpers so they can shrug off the odd parking knock. But not on a Tesla. Look at the back of a Model Y and you’ll see that the bit that sticks out the furthest is the metal tailgate and not the plastic bumper like it is on any other car. Which means that even the tiniest of knocks will dent your and expensive and complicated panel rather than a deformable piece of plastic.

4: Parts supply:
If you do bump your Tesla, some parts to repair it are in short supply. Owners report having to wait months for certain components which are needed to complete a repair after even the smallest bump.

Besides the inconvenience, it [...]

Interesting. The odd thing is that all factors apply to the Model 3, but people were reporting a large increase when moving from that to Model Y.

ETA might be on to something with the lack of bumper protection at the back.

[MashinBenzin]

Originally Posted by cramsnik

Its interesting to read the Reuters article, in particular the bit regards Tesla's own insurance "offering rates up to 30% lower than competitors"

The UK version appears to be run by Direct Line, iirc the quote I had from them was over £1300.. hardly competitive.

Same here. Direct line via the Tesla link was close to double my best quote.

[Sennen]

https://www.msn.com/en-gb/cars/news/...56005716c09227

[cramsnik]

Just had a marketing email from Tesla -

'3.9% APR Representative for personal customers via Personal Contract Purchase* or Tesla Loan**
Never pay for gas again and wake up to a full charge every morning for one of the most convenient and affordable driving experiences on the road.

You can receive a 3.9 % APR Representative on any Model 3 or Model Y. Place your order with Personal Contract Purchase or Tesla Loan and take delivery before March 31, 2023 to benefit.'

[MashinBenzin]

Originally Posted by Sennen

https://www.msn.com/en-gb/cars/news/...56005716c09227

Interesting article.

I think costs are a bit of a red herring IF you can largely charge at home. And I wonder about the impact of heating/heated seats that people state, but that’s because Tesla breaks down usage so I know exactly what percentage (it thinks) climate has used on any given journey. Other brands don’t do that afaik. It’s more that the cold and wet hammers drivetrain efficiency. At least that’s my opinion.

But….chargers. It feels like the number of public chargers versus cars is only one metric. It’s not terribly useful to have a load of slow chargers where nobody parks or passes. So whilst that number is bad are they even talking about the right problem.

I’d like to see a list of motorway services grouped by number of fast 150kw+ chargers. (0, <10, 10-20 etc. ). That’s the first datapoint the government should be using, then weighting that against passing traffic numbers and distance from the previous service. Build that out and you’ve got a quick measure of where the worst under supply is.

The second datapoint is operational reliability of those chargers and then how much time the site spends at various percentages of occupancy.

Then tackle the trunk routes.

Incentivise providers (electricity DNOs as well as charger companies) to fill those pinch points with a subsidy offer that’s largest for completion in six months and tapers.

It’s not rocket science is it, surely?

Once trunk and motorway roads are well provisioned then most of the problem goes away. Slow chargers in urban car parks etc. are relatively easy in comparison.

And if you can’t do all of that, well clearly your 2030 date is pure horseshit and you’ve got no will to hit it.

[MashinBenzin]

Originally Posted by cramsnik

Just had a marketing email from Tesla -

'3.9% APR Representative for personal customers via Personal Contract Purchase* or Tesla Loan**

Never pay for gas again and wake up to a full charge every morning for one of the most convenient and affordable driving experiences on the road.



You can receive a 3.9 % APR Representative on any Model 3 or Model Y. Place your order with Personal Contract Purchase or Tesla Loan and take delivery before March 31, 2023 to benefit.'

Wow that’s competitive! If mine was worth more than a bag of dry roasted I’d trade it for a 1% saving.

They’re not messing around.

[KRS_SN]

Originally Posted by MashinBenzin

Interesting. The odd thing is that all factors apply to the Model 3, but people were reporting a large increase when moving from that to Model Y.

ETA might be on to something with the lack of bumper protection at the back.

That looks nice in metallic pure frozen gray.

I also think 'packaging' and cutting out parts and unicasing it all as one ultimately means more costs for replacing the whole body panel/shell etc than an individual part.

[MashinBenzin]

Originally Posted by KRS_SN

That looks nice in metallic pure frozen gray.

I also think 'packaging' and cutting out parts and unicasing it all as one ultimately means more costs for replacing the whole body panel/shell etc than an individual part.

You’re right about the one casting thing, I’m sure. That can’t be good for repair costs and simplicity.

I like the frozen grey too, good name for it, cheers!

[cramsnik]

I went onto Admirals chat earlier to cancel the policy, they went through the motions but ultimately could do much for me. Knocked 85 quid off but it's still way to high.

Best price I can find is approx £900 via Flow who seem to be part of LV.

[JD6]

Originally Posted by cramsnik

I went onto Admirals chat earlier to cancel the policy, they went through the motions but ultimately could do much for me. Knocked 85 quid off but it's still way to high.

Best price I can find is approx £900 via Flow who seem to be part of LV.

Still sounds very high. I can't remember what your previous cars were, but do you have an idea of what they would charge you to insure an equivalent ICE, say an M340i?

[cramsnik]

Originally Posted by JD6

Still sounds very high. I can't remember what your previous cars were, but do you have an idea of what they would charge you to insure an equivalent ICE, say an M340i?

Admiral's system seems to be down but I did run a random M340i reg through a comparison site ....

Cheapest non telematic policy- £656
Admiral via comparison site - £850

Comparison site didn't offer a quote via Flow for the M340

My previous car was a 2014 F31 335d, the last full year via Admiral for that car was around £550