Owners of certain automotive brands know that expensive repair bills come with the territory. But that doesn't mean insurance companies want to play that game, and some of them are increasingly deciding to write off low-mileage Tesla electric vehicles because they are too expensive to fix, according to a new report from Reuters.Reuters looked at recent salvage auction listings and found that the "vast majority" of the 120vehicles listed had less than 10,000 miles on them.
Exactly how much more it costs to repair the average Tesla after an incident compared to other vehicles, both electric and ICE models, is difficult to gauge, but Tesla has long been aware that insurance costs for its EVs are out of line with the average cost for the industry.
Tesla Do those Used Teslas still have free suoercharging?
And the quality level of the Tesla has gone to hell in the last few years. There are now many more choices but I’ll stick with my Turbo 4 cylinder.
Imagine that big casting thing!!
Most insurers total the car, auction it to someone willing to fix it, the don’t just loose the money. If you think they are out of pocket for the whole amount you don’t understand the insurance industry.
The truth is, that insurers total most cars as costing more to repair than their book value.
You will owe nothing and you will be happy.
The tesla hate is real. Lol. Damn. What did they do you ya'll?
Insurers compete with Tesla Insurance. Car and Denier loves big gas-guzzling carbon emissions-spewing yestercars. Questionable source, unreliable publication.
You mean like, every other EV?