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Keep in mind that insurance costs vary extremely widely state to state (i.e., market to market, to the parent poster's point). Different states have different r
by bri3d 8y ago
Keep in mind that insurance costs vary extremely widely state to state (i.e., market to market, to the parent poster's point). Different states have different risk profiles but more importantly, widely different insurance regulations.
- close04 8y agoInsurance is based on statistical models and probabilities, and on the actual cost for each option. If in your country BMWs are often crashed then their premiums will go up. But if they are extremely cheap to repair it goes back down. A US only car brand that could be common occurrence in the US might be a rarity in EU and it will cost a lot to insure. With Tesla one thing is certain: at this time parts and skills are rare, expensive, and time consuming. So unless you live in the Tesla factory, getting the part you need and a person qualified to make the fix will cost a lot and take a long time. They need to develop the support network just like they did with the charging network. Make partnerships with big car service chains, provide training, ensure a steady supply of parts, etc. That's a big logistical undertaking.