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Sounds like a strong case for getting one 2nd-hand. Although I must admit I have no idea what the 2nd-hand market looks like at the moment.Have two cars, one will be combustion for road trips but a city run around EV is something I am warming to. I now know 3 people who have gone that route and are happy. However the math still does not work out for me especially with depreciation on the current batch of EV's. Biggest cost right now is how fast these things depreciate.
Care to Explain?.... I've had no problems with insuranceAll of the above but in the near future Insurance impact, cost and refusal to insure EV's.
There is great hesitance to insure EV's currently through decent insurers. We insure a lot of clients with large fleets and the decent fleet insurers are very hesitant in insuring EV's.Care to Explain?.... I've had no problems with insurance
True, but how much will it cost you to get your Getz to do it....that Inster can do what it does for far cheaper and if you have solar charging at home, even better.was incidentally watching this carwow video on cheap EV's and what they are like when you push them to do long journeys,
the best one the inster only did HALF of what a comparable Hatchback will do,
still a LONG way to go to catch up to ICE vehicles in terms of everything.
even my ancient Getz will do better than this newfangled Hyundai inster
Okay, but ALL of those will be mitigated by larger market share in the future. The trend is clear, NEV's will surpass ICE vehicles within ten to fifteen years, so while some insurers are still hesitant, they won't be for long.There is great hesitance to insure EV's currently through decent insurers. We insure a lot of clients with large fleets and the decent fleet insurers are very hesitant in insuring EV's.
The insurers say currently:-
Cost of repair (referring to battery)
The volatility and ease of damage to the battery (the most expensive part of the vehicle)
The low write-off damage if the battery is damaged which is a huge portion of the value of the vehicle
The lack of spares (batteries)
The cost of destruction following a write-off (the vehicle becomes the insurers problem following a write-off)
The fire risk and exposure to liability claims as well as additional costs if a fire occurs
Just to name a few.
They're also protecting their major profit marginsOkay, but ALL of those will be mitigated by larger market share in the future. The trend is clear, NEV's will surpass ICE vehicles within ten to fifteen years, so while some insurers are still hesitant, they won't be for long.