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I think insurance rates are reflecting this, the Geico quotes I got so far for same coverage/6 months(300/300, $1k deductible), all these cars are about $40 - $
by djanogo 7y ago
I think insurance rates are reflecting this, the Geico quotes I got so far for same coverage/6 months(300/300, $1k deductible), all these cars are about $40 - $45k.
2019 Model 3 - $530
2019 BMW 330i - $370
2019 Lexus ES 350 - $335
It's amazing that Geico wants 60% for Model3 compared to ES 350, which is a true 4 passenger luxury sedan.
I think Tesla is missing a trick by not clearly distinguishing the models for insurance purposes. The SR buyers are subsidizing AWD P buyers insurance.
- grecy 7y agoTesla are about to start offering insurance. Musk has been tweeting about it quite a lot. Starting with the US soon, and a recent tweet said probably over a year before they get it figured out for the UK/Europe.