From the looks of it insurance quotes for the Cybertruck are in the $3,980-$4,800 per year.
Cybertruck now priced starting at $75,000
- Thread starter 97prizm
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Ouch! How does that compare to other $75K trucks? I have an old Tundra, so my cost is peanuts.
A new Ram is about $1,750 a year so almost 3 to 4 times the cost. I wouldn't be surprised if some insurance companies won't insure one.
Ouch is right ! My Jaguar costs almost $2000 a year for insurance and it cost 50% more. Is the high insurance cost due to a perceived risk of fire or excessive cost to repair collision damage ? They aren't even on the street yet so actuarial tables must be nothing but speculation. Or is the figure given above just more agitprop against the Cybertruck/Tesla/Elon/EV's ?
A good one Pim Tac !
That's why I said "with a high degree of possibility" rather than "with a high degree of certainty".
A lot can and will happen in the next five years.
If I had to guess it would just be down to how easily they total out. There's not a whole lot of cost to repair on these vehicles mostly because unless it's mildly cosmetic it will be totaled with any damage that even bends the battery frame.
Look on Copart or iaai Teslas are becoming a throw away vehicle with very little damage. Insurance companies are already looking at sky high repair costs, if it can even be repaired more likely than not Tesla won't have any replacement parts for a very long time.
That’s what I meant. They total fast. You won’t get as far as shelling out a bunch of money to fix it because the insurance will write it off almost immediately.
Honestly I predict the first 5 or so will end up stuck off-roading or totalled within a month or so. The first six model s plaids were wrapped around a tree, driven into a house etc almost immediately. The second one delivered burned to the ground three days after the guy purchased it.
GON
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This vehicle was made for highly paid tech industry workers, not Joe sixpack. No reason to diss the vehicle.
This vehicle will be found in quantity in the parking lots of high tech companies, and at parking lots hosting comiccon conventions.
This vehicle will be found in quantity in the parking lots of high tech companies, and at parking lots hosting comiccon conventions.
Certainly; I'm sure you are right. Just like the fancy pants pickups parked there now, along with all the other bling vehicles.
The big shots like their toys and the smaller shot wannabes are gonna pretend.
I bet I have seen more Hummers than most people. My next door neighbor had 2. Of course neither would fit in the garage.
I'm curious, what % of US pickup sales is commercial?
I don't see the Cybertruck getting much of the commercial truck business. It doesn't seem practical at all for construction, landscaping/yard care, farming, etc.
It will be interesting to see if it can tow a load any better than the F-150 Lightning, which the Lightning has failed at.
I don't see the Cybertruck getting much of the commercial truck business. It doesn't seem practical at all for construction, landscaping/yard care, farming, etc.
It will be interesting to see if it can tow a load any better than the F-150 Lightning, which the Lightning has failed at.
The Lightening is pretty much useless for being used as a PU was originally intended to be. The Cybertruck IMO would be totally useless. Having said that I'm sure there are people they appeal to, however I personally don't know any.
There are people that buy, or modify, their trucks to be more about show than function. I'm sure the Cybertruck will have major appeal to that group.
I am anxiously awaiting to see what % of Cybertruck owners wrap their trucks. I would suspect the brushed stainless look will get old pretty quick. And if you can afford a $75k+ truck, I'm sure putting a wrap on it is no big deal.
For sure!
A wrap would be a great idea, maybe hide the lousy HS Metal Shop class look of it.
Here's one spotted running around Palo Alto; I guess they stopped in at Starbucks... Camo baby!
According to industry analysts the only way to fix the dumpster fire Cybertruck is to start over.
"Musk promised this pickup in 2021 and didn’t deliver. Then he said production was coming in 2022, but that year came, and it got delayed again to early 2023. Now it’s been delayed again till “late 2023.” Tesla blamed the supply chain, but Clarke and others in the industry are skeptical it will ever happen—at least, not without a serious redesign. “As soon as we saw [the Cybertruck], everyone I know in the industry started laughing. We just thought there is no way they’re gonna be able to get that into production.” There’s no way, he assures me, because it’s not going to pass crash regulations, it’s not going pass pedestrian impact regulations, and, more importantly, it’s going to be extremely hard to make those “those dead straight panels." So apparently this billion dollar boondoggle may not even pass crash tests or pedestrian safety tests as is. Why hasn't the board of directors at Tesla tossed his sorry rear out? He's now being investigated for spending millions of unauthorized dollars building some glass structure.
"Musk promised this pickup in 2021 and didn’t deliver. Then he said production was coming in 2022, but that year came, and it got delayed again to early 2023. Now it’s been delayed again till “late 2023.” Tesla blamed the supply chain, but Clarke and others in the industry are skeptical it will ever happen—at least, not without a serious redesign. “As soon as we saw [the Cybertruck], everyone I know in the industry started laughing. We just thought there is no way they’re gonna be able to get that into production.” There’s no way, he assures me, because it’s not going to pass crash regulations, it’s not going pass pedestrian impact regulations, and, more importantly, it’s going to be extremely hard to make those “those dead straight panels." So apparently this billion dollar boondoggle may not even pass crash tests or pedestrian safety tests as is. Why hasn't the board of directors at Tesla tossed his sorry rear out? He's now being investigated for spending millions of unauthorized dollars building some glass structure.
Speculation regarding exactly who the buyers of Cybertruck will be is pointless. The fact remains that close to 1.9 million people have expressed enough interest in them to put in an order. Sure, there will be some cancellations. But they will still have maybe 1.25-1.5 million people ready to take delivery as fast as they can roll off the assembly line.
The industry analysts mentioned above don't know what they are talking about. It is ludicrous to think that the Cybertruck ever got past a sketch on a napkin without such basic considerations given to meeting the myriad of regulations including crash test performance and pedestrian safety. While many people including myself think a redesign is necessary, it is only due to a difference in opinion regarding what would make it an attractive PU from a styling perspective. Tesla would would not have gotten beyond a clay model mockup without knowing what the regulatory requirements were that would affect the overall project. And working within those constraints.
But I suppose a google search can always find some opposing opinions, even if the bona fides of those "industry analysts" are questionable.
The industry analysts mentioned above don't know what they are talking about. It is ludicrous to think that the Cybertruck ever got past a sketch on a napkin without such basic considerations given to meeting the myriad of regulations including crash test performance and pedestrian safety. While many people including myself think a redesign is necessary, it is only due to a difference in opinion regarding what would make it an attractive PU from a styling perspective. Tesla would would not have gotten beyond a clay model mockup without knowing what the regulatory requirements were that would affect the overall project. And working within those constraints.
But I suppose a google search can always find some opposing opinions, even if the bona fides of those "industry analysts" are questionable.
Tesla will be belly up any day now.
