it should have been that price to begin with. The manufacturers lost the run of themselves and are paying the price now.
They’d need to do something to incentivise or reassure buyers of second hand vehicles now. People are afraid to make the leap.
I was note when I looked back at pre 2023 high depreciation ice cars fiat popped into the list.
Tesla seem to be removing all discounts in their US market
Sums it up really. 😂
Not an article but was chatting someone from the US this week who drives a model Y, he was saying his insurance doubled in a year and the insurance companies are putting it down to the cost of repairing evs - especially batteries.. hope its not the next 'good news' story to come this way
Manufacturers need to start fixing batteries or they won't sell any new cars. They need to join the dots.
137,000 km on that…..
Pot, kettle etc.
MG offer the same 7 year warranty as Kia/Hyundai. Any BEV the established names release will be considered on par with a new brand so it's a relatively level playing field
I'm seeing no evidence of this in Ireland. A car is a car here but let's wait and see.
That seems a bit weird. Would battery failure be covered by your car insurance? Would seem to be on a par with (say) engine failure in an ICE, and I don't know any insurer that would cover that.
The issue with insurance is the manufacturers are not repairing battery's but replacing them. They also at the moment don't have a robust supply of parts, (also effects ICE). Insurers are too quick to write off a car and pass the cost to the consumer.
Obviously they need to sort out that madness.
I still don't see where insurance comes into it. Unless it's handled differently in the US. If I have a car and the battery fails, it's either an in-warranty replacement or out of warranty cost to me. That's not an insurable risk here.
Also if manufacturers are replacing batteries, that doesn't exclude them repairing the old ones in house.
Batteries can get damaged in collisions or by fire. Even if it's minor damage, the entire battery will probably be replaced if it's going through insurance. Maybe in the future, things will be different and there will be more repairing of battery packs.
If an ICE car collides with a kerb or rock on the road, that may result in a new sump, exhaust or repairs to the floor. If the same collision happens in an EV you may well be looking at an entire new battery. This will affect premiums.
If a airbag goes off in a car, any car, the insurance company will write it off
Really? That seems a tad excessive. Doesn't take much to set off an airbag.
THe price of insurance on a Tesla has always been high, even when I was looking at a company car years ago I had Tesla as an approved car but the lease company and my company put plenty of barriers in the way to get me to go with another option
Lucky for me I was never going for it but made the other cars more viable.
More correctly some manufacturers won't fix the battery, they want to replace the whole thing.
The insurance write off the car as uneconomical repair. That is whats increasing insurance.
Though it's more like insurance insurance companies are using it as an excuse to inflate premiums. At least in some regions.
A main dealer can run battery diagnostics to check the pack and individual cells for damage after a crash. Damaged cells can be replaced without requiring a full battery replacement, what the insurance company decides is another matter.
Open to correction but it. Depends on the EV manufacturer/Dealer. Though independents will repair them.
I'd be very surprised if manufacturers dispose of batteries without trying to repair them. They're entirely modular.
I didn't say they disposed of them.
VW recalled my id.3 for a battery issue. They didn't find any problems but the plan was to replace any bad cells found and not the whole pack. I know Hyundai replaced problem battery packs in the Kona, but it obviously depends on the issue and cost and battery pack prices are dropping fast.
You implied that they didn't repair them. Doesn't leave many options after that.
The insurance claim is massive because "some" manufacturers don't offer the customer and (thus insurer) the option of battery repair only replacement at the full cost of the battery.
I would assume they fix the batteries for other cars or repurpose or recycle them. Plenty of options other than disposing of them.
meanwhile people are insuring 400bhp plus evs for 3-400 quid.
Must not be too many people hitting rocks on the road and having their car written off / entire battery replaced.
"must not be" - in other words you don't know. And I made no comment about how often it happens. My response was to a poster who couldn't understand why a battery would be replaced under insurance.
3-400 quid premiums are very good. Battery replacements may increase premiums but that could be offset by EV owners putterin about and driving at Leafspeed in their 400 bhp cars.
I know what insurance costs on evs, you are offering musings with no basis in fact.
Some one made the point of "cheap insurance" in one of the Tesla threads, basically he was corrected by an owner, there was difficulty in getting insurance from some providers and others had increased their premiums, it was suggested that waiting weeks on parts from the Netherlands was not helping the situation.
