No I wasn't commenting towards you. I don't believe this is a Hyundai/Kia issue. I think it's an industry issue, probably due to issues sourcing lithium, causing the high prices/availability issues with replacement batteries.
$60,000 Hyundai Ioniq 5 battery replacement quote
- Thread starter OVERKILL
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OVERKILL
$100 Site Donor 2021
I disagree, I think it's an H/K issue with respect to not properly planning for this sort of issue with the only option being the replacement of a massively expensive pack, despite many of the parts being available by themselves.
If you are going to tout modular packs, which most of the majors do, as compared to say Tesla, then what is the point of having your dealer and/or the manufacturer concluding that you need to replace the entire thing in a situation like this? We've had @Audiman comment that they replace components, and I know BMW does, not sure about Ford or GM in actual application.
Hopefully the pushback from this is the kick in the rear that H/K needs to get this sorted and parts available to service/repair the battery assembly so that people aren't getting quotes for full replacement.
My issue is the information is sketchy at best. Batteries are expensive, no question. But none of us know the whole story.
If I took a SWAG, I would say it happened somewhat as reported but the newness of the vehicle contributed greatly. That's my 2 cents.
I also invested in lithium stocks. If you know something may cost you...make it also pay you!
I think it’s a bit of both. I wouldn’t touch a Hyundai product with a 10 foot pole though after how they’ve handled ICEs and the theft issue. Their dealers still have economy level service and mentality also.
Pretty much every company has done some shady stuff. Just gotta buy the best engineered compromise from them and ignore the sleaze out there.
Back when I drove a gasser, I invested in oil. I made 300% or so for the year, and traded into EV. Now, I invest in lithium.
I’ll say I find even the scheduled maintenance to be pricy with VWs. I also think it’s worth it for what you get with some models. The known issue on the GTIs is the water pump and they’ve extended the warranty for this issue so it doesn’t upset me. Then again I’m more forgiving with vehicles I like. It’s still a lot different a $60k battery replacement but I don’t believe this story at face value.
edyvw
$50 site donor 2025
Lol. 7 pages where “argument “ ends with: my HK is good as Koenigsegg. What do you really expect to talk then?
That's a weird statement. Be out a totaled car, pay $50k, or have a raised insurance rate. I wonder what the most cost effective option is there.
Interesting take. But ok. HK and Tesla are the only other 20k+ rpm motors Im aware of. Maybe the Rimac and a few hyperexotics. Dark Matter deaerves mention due to its size vs power, but its low rpm.
That's a weird statement. Be out a totaled car, pay $50k, or have a raised insurance rate. I wonder what the most cost effective option is there.
Buy a pedal bike, and forget the rest lol
SammyChevelleTypeS3
$50 site donor 2023
The way the story was described (all over the place) with contradictions between dealer and manufacturer it is surprising the insurance company will take the hit without a fight? Since it sounds like there was confusion between the actual costs given out between the dealership vs manufacturer. Plus talk about not enough qualified / experienced techs who know what can be repaired / replaced vs what must be scrapped. This story has all kind of angles / assumtions so far. Seems insurance companies should proceded with great caution until lots of EV maintenance & repair issues get ironed out.
Kia was handed a golden opportunity to gain a ton of free good publicity there, but they screwed up.
All they had to do was repair the car for free, and wow that would have been good press for them.
Instead its all been spun as negative.
All they had to do was repair the car for free, and wow that would have been good press for them.
Instead its all been spun as negative.
I only ever had liability insurance because for years my cars were all worth $200-400 then I splurged for the $1500 one that I had for 12 years. The math wouldn't even come close to working out on this one as far as losses, because it's an expensive vehicle, but if you're insurance is going through the roof and you're going to lose out on potential long term discounts from lack of claims/incidents, you could just cut your losses and buy a $3000 Corolla or something, or even a bicycle!Buy a pedal bike, and forget the rest lol
I actually did commute to my 2 jobs on my mountain bike for a little bit, while sharing my 83 Caprice with my deadbeat ex girlfriend. Times were tough.
I took collision insurance off my 2014 F150 a couple years ago. As a careful driver, I don't have at fault accidents, so why waste the money. It often surprises me how much money some waste on insurance.
Buy only what you absolutely need, the rest is a waste of money in my opinion.
I have a vintage class motorcycle, it costs me almost nothing to insure, more things should be like that.
