> The insurance part will settle out over time as they get more data I would imagine.
I'm not so sure. The issue is two-fold: First, If you get into an accident and you're at fault, the average damage is a lot more than with an ICE, due to the much heavier weight. Second, compared to an ICE, just about any repair is a lot more expensive. If some of the battery gets damaged, that's crazy expensive. There's also not a good ecosystem for parts - they are more expensive and less modular than with an ICE (or so I'm told).
It apparently is a lot more common for EVs to be declared a total loss compared to an ICE just because of the expense to repair.
> 500$ a year is very little for any car
This is over 3 different cars. And all of them very old (I bought two of them when they were 8 years old, and another when it was 15 years old - still driving that last one).
About $80/year for oil changes. That's it. Then every once in a while there is an expensive repair (brakes, tires, some engine problem, etc). Doesn't happen every year - so the average comes out to $500.
I also don't go to the official dealers. Everything is more expensive with them.
And yeah, the cars are old, so few electronic parts to repair. I imagine if I get another 8 year old ICE, the annual cost to repair will be more just due to the extra safety systems that can go wrong.
> but I opened a Nissan leaf for 8 years and spent less that 2K, of which 1K was for the AC
Leafs are the best case scenario. They're small, not heavy, and thus don't have much tire wear.
I'm not so sure. The issue is two-fold: First, If you get into an accident and you're at fault, the average damage is a lot more than with an ICE, due to the much heavier weight. Second, compared to an ICE, just about any repair is a lot more expensive. If some of the battery gets damaged, that's crazy expensive. There's also not a good ecosystem for parts - they are more expensive and less modular than with an ICE (or so I'm told).
It apparently is a lot more common for EVs to be declared a total loss compared to an ICE just because of the expense to repair.
> 500$ a year is very little for any car
This is over 3 different cars. And all of them very old (I bought two of them when they were 8 years old, and another when it was 15 years old - still driving that last one).
About $80/year for oil changes. That's it. Then every once in a while there is an expensive repair (brakes, tires, some engine problem, etc). Doesn't happen every year - so the average comes out to $500.
I also don't go to the official dealers. Everything is more expensive with them.
And yeah, the cars are old, so few electronic parts to repair. I imagine if I get another 8 year old ICE, the annual cost to repair will be more just due to the extra safety systems that can go wrong.
> but I opened a Nissan leaf for 8 years and spent less that 2K, of which 1K was for the AC
Leafs are the best case scenario. They're small, not heavy, and thus don't have much tire wear.