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by vonzepp 407 days ago
When you write off a car, you don't get the value of a new car, you get the value of the car at the point of time it was written off. So if you write a 3 year old car, you get the value of a 3 year old second hand car. Uncertainty on the price I guess increase financial risk.
1 comments

But the price has consistently falling, so that would suggest a reduction in the insurance costs. I think it's more likely that drivers reliance on teslas assistant driver programme is likely to cause accidents, the costs of which are likely to dwarf what it costs to replace the Tesla.