[carcostthrow]

My ICE car right now costs $1100 in insurance. For me to insure an 2022 Acura NSX is $1500 a year to the same level.

A Bolt to be insured to the exact same level is $$4200 a year. A Tesla Model 3 would ring me $5700 a year. A Porsche Taycan is $7300 a year. None of these are as expensive as the NSX.

And the cost for me to install the additional circuits to the garage went up significantly since my last quote; it's now $2500 to run an additional circuit into the garage. I don't know what it would cost to upgrade the mains panel as well if it's needed (I have only a 100A) but I've heard it's averaging about $5000 or so.

So yeah... not exactly FUD at least from where I'm standing.

[ilyanep]

What in the world? Are those USD?

I pay $1200 a year to insure my Tesla Model S at the max liability coverage, with comprehensive and collision. Admittedly, I've filed that I drive a max of 6k miles a year and I have the highest deductible set on both comprehensive and collision, but I have strong doubts it'd quintuple in price to insure if I went and set those to more typical settings.

[mradek]

How old are you? I bought a model 3 performance when I was 27 and sold it a year ago. I was paying 285/month with Allstate (before Tesla started offering insurance). I drive my old ICE now and pay 108/month. Clean record.

From what I understand the older you are the less you pay.

[ilyanep]

I'm 31. I was under the impression that it was mostly a big step change in your mid to late 20s and then mostly remained stable.

Also if the issue here were age, I assume that GP would also pay more for an ICE car.

[mradek]

I'm also in California in a city environment, maybe that's why? Otherwise yeah I am getting ripped off D:

[xxpor]

One thing I noticed with my model 3 was that the rates I was quoted varied WILDLY by company. Deltas of over $200 a month.

[carcostthrow]

Canadian dollars. I don't pretend to understand the reasoning, the insurers have their own logic. But anything with a battery (even PHEV's) seem to command a much higher premium; I was quoted $3400 a year last year for a RAV4 Prime.

[zzzeek]

You might want to find a better electrician, those quotes are nuts. Also if your circuit panel can power a clothes dryer, it can power a home charger

[carcostthrow]

They're actually reasonable, unfortunately.

The garage is detached one fed by a single 120V circuit buried in PVC conduit, and it is enough for everything in there at the moment. But if a car's charging at the same time say someone open's the garage door, it's going to trip the breaker.

So at least I'd have to pull a second circuit dedicated for charging. To do that, the old conduit needs to come out and be replaced with one that is up to code for handling either more then one circuit, or can handle a 240V circuit. The cost of digging the old one out and installing a new one is a very substantial portion of that quote.

Now granted this was a quote for a full 240V circuit with a subpanel; the quote last year was around $2000 ish. Inflation rate, increasing labor costs, and continuing supply chain issues caused the jump. I didn't get a chance to ask what the quote was for just a second 120V circuit though.

The mains upgrade cost is just what I've heard second hand from others upgrading their 100A service to 200A. I haven't gotten a quote for myself but it doesn't sound wrong to me. Just filing the paper work for the permit from the is a $160 fee. The permit itself IIRC is an additional $200 or $300. I suspect the electrician would have to get the utility involved as well to disconnect and upgrade the main lines coming from the street to the house to accommodate the increased possible amperage.

[aperson_hello]

That's not entirely true. There are load calculations that get done to figure out if a new circuit can be added. If you're going to trip the main breaker while charging and cooking dinner at the same time, you'll probably need a service upgrade per electrical code

[daydream]

Given your situation maybe an EV is indeed unworkable for you.

Doesn’t mean it’s the same for everyone else.

[kristopolous]

That's weird. I pay $350/yr in insurance. I hop insurance providers every couple years. That's a separate trick though. I had to go check since I round it down to 0 in my head.

My costs went down so substantially when I switched to electric they are for all intents and purposes, effectively 0

Sorry if you can't figure it out.

[carcostthrow]

For me it's a substantial cost increase. My gas is only about $2000 a year and maintenance is roughly $200 a year. So roughly speaking I'd be paying $900 a year more to drive an EV then to drive an ICE. That's even before you start factoring in the higher upfront purchase price and the one time costs for upgrading the home.

>Sorry if you can't figure it out.

I'm honestly not sure if you're genuinely sorry if it's not working out for me, or if you're snarking.

[kristopolous]

It was meant to be encouraging without sounding patronizing. I'm not great at it