General EV Conversation
Lexus Champion
Joined: Oct 2019
Posts: 19,656
Likes: 3,748
From: California
I agree with you here 100% related to normal cars, I was more thinking about BayeauLex and the kind of cars that he seemed to be talking about as enthusiast cars kind of like the M4 or the Civic Type R. There are many faster cars but enthusiasts like some complexity even if it is slower like in a manual car because it can be more engaging.
It could be an age thing too, would most of the younger generation appreciate a nice mechanical watch vs. an Apple Watch that does things so much better? In the age of tech, I would guess many would rather have the Apple Watch.
It could be an age thing too, would most of the younger generation appreciate a nice mechanical watch vs. an Apple Watch that does things so much better? In the age of tech, I would guess many would rather have the Apple Watch.
Pole Position
Joined: Nov 2012
Posts: 2,082
Likes: 633
From: CA
Only under perfect conditions on a race track and perfect driver. And you need $100K.
CL Community Team
Joined: Feb 2007
Posts: 9,343
Likes: 601
From: IL
Dodge Challenger: $354/mo
Tesla Model 3: $267/mo
Tesla Model Y: $234/mo
Source
You are paying slightly below the national average, probably at least in part due to your high deductible and multicar discounts. But literally everyone I know locally who drives a 3/Y pays more than I do, even those that don't have kids. For grins, I just tried to add one to my policy. For whatever reason it wouldn't give me a quote online for a Model Y Long Range, so I tried to add a 2023 Model 3 Performance. Same coverages, same drivers, $190/mo. 37% more for a car worth literally half when new.
One thing we can agree on, it will definitely be eye-opening for one of us when we find out what your friend's premium is.
Lead Lap
Joined: May 2010
Posts: 3,955
Likes: 1,579
From: San Diego, CA
One thing I appreciate about my Lightning is that it’s not expensive to insure. I have the top trim level, and it costs just $105 per month for excellent coverage with State Farm. We do have multi car and multi policy discounts. The registration, on the other hand, costs over a grand…. California treats trucks as commercial, so there’s a weight fee on top of the others. You win some, you lose some…
Lexus Champion
Joined: Oct 2019
Posts: 19,656
Likes: 3,748
From: California
California just barely squeezes into the top 10 for full coverage costs. So that's a part of it, but EVs are just more expensive to insure in general. Nationwide, Tesla is the 2nd most expensive brand to insure, behind only Dodge. Among popular models (which admittedly is unlikely to include M cars), the 3 most expensive vehicles to insure based on national averages for a 35-year-old with good credit and a clean record are:
Dodge Challenger: $354/mo
Tesla Model 3: $267/mo
Tesla Model Y: $234/mo
Source
You are paying slightly below the national average, probably at least in part due to your high deductible and multicar discounts. But literally everyone I know locally who drives a 3/Y pays more than I do, even those that don't have kids. For grins, I just tried to add one to my policy. For whatever reason it wouldn't give me a quote online for a Model Y Long Range, so I tried to add a 2023 Model 3 Performance. Same coverages, same drivers, $190/mo. 37% more for a car worth literally half when new.
One thing we can agree on, it will definitely be eye-opening for one of us when we find out what your friend's premium is.
Dodge Challenger: $354/mo
Tesla Model 3: $267/mo
Tesla Model Y: $234/mo
Source
You are paying slightly below the national average, probably at least in part due to your high deductible and multicar discounts. But literally everyone I know locally who drives a 3/Y pays more than I do, even those that don't have kids. For grins, I just tried to add one to my policy. For whatever reason it wouldn't give me a quote online for a Model Y Long Range, so I tried to add a 2023 Model 3 Performance. Same coverages, same drivers, $190/mo. 37% more for a car worth literally half when new.
One thing we can agree on, it will definitely be eye-opening for one of us when we find out what your friend's premium is.
I can tell you my Model Y is not the most expensive car to insure that I own:
2022 Polestar 2: $1827
2023 Model Y: $1203
2023 Chevy Bolt: $991.90
2023 Hyundai Ioniq 5: $754.70
2013 Toyota Sienna: $254.50 (Liability with uninsured motorist only)
Lexus Champion
Joined: Oct 2019
Posts: 19,656
Likes: 3,748
From: California
One thing I appreciate about my Lightning is that it’s not expensive to insure. I have the top trim level, and it costs just $105 per month for excellent coverage with State Farm. We do have multi car and multi policy discounts. The registration, on the other hand, costs over a grand…. California treats trucks as commercial, so there’s a weight fee on top of the others. You win some, you lose some…
. State Farm was charging me nearly $1700 more a year. They raised my premium almost $800 which is why I switched to Geico
Lead Lap
Joined: Sep 2020
Posts: 3,958
Likes: 409
I agree with you here 100% related to normal cars, I was more thinking about BayeauLex and the kind of cars that he seemed to be talking about as enthusiast cars kind of like the M4 or the Civic Type R. There are many faster cars but enthusiasts like some complexity even if it is slower like in a manual car because it can be more engaging.
ClubLexus Stories
Celebrating Lexus & Toyota from Around the Globe
8 Tips for Improving Your Hybrid or Plug-in Hybrid's Efficiency!
Michael S. Palmer
10 Best Lexus Models No One Remembers
Joe Kucinski
TRD Off-Road Premium: Best 2026 4Runner, Except This One Thing
Michael S. Palmer
Top 10 Lexus & Toyotas to Drive Before You Die!
Joe Kucinski
Top 10 Lexus/Toyotas With The LEAST 5-Year Depreciation
Joe Kucinski
Lexus LC500 Convertible Auction: A Preview of Rising Values?
Brett Foote
GX 550 vs TX 550: Best 3-Row Luxury Lexus Family Hauler
Michael S. Palmer
9 Best Lexus Models You Can Buy for Half Price (And 1 You Shouldn't!)
Joe Kucinski
2026 Lexus NX Buyer's Guide: Models, Features, Prices & More!
Brett Foote
Lexus Champion
Joined: Oct 2019
Posts: 19,656
Likes: 3,748
From: California
Yeah, my insurance premium is close to a mortgage payment 😕 About $800 a month. My plan is to reduce one of my cars. Also, I pay my daughter's premium as well for her Bolt. Part of the reason my insurance is so high is I have two young adults under 25 on my policy
Quick update on my wife’s 3. When she took it out of the garage for the tow truck, she was having issues with the windows not lowering when opening the doors. I’m 99% sure it’s going to be the right side body controller again. It was the same symptoms we ran into 2 years ago
Quick update on my wife’s 3. When she took it out of the garage for the tow truck, she was having issues with the windows not lowering when opening the doors. I’m 99% sure it’s going to be the right side body controller again. It was the same symptoms we ran into 2 years ago
Lexus Champion
Joined: Oct 2019
Posts: 19,656
Likes: 3,748
From: California
Lexus Champion
Joined: Oct 2019
Posts: 19,656
Likes: 3,748
From: California
If you had gotten the extended warranty, would it have covered this issue? I'm debating getting it before I reach the 4 year/50k mark