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Originally Posted by freebeard
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Whistleblower Says "They Want To Stop You Driving Older Cars"
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Number 27 -- 129K subscribers
197K views 2 days ago
"Digital Revolution Means The End Of Older Cars" A whistleblower from one of the largest insurance companies in the world has leaked information that shows that classic and older cars are under threat. The networked/digital car is being pushed as the way forward but will make existing cars impossible to insure and therefore keep on the road.
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New cars are impossible to insure too. I got quotes for an old $15K Model S and for a brand new Model Y. The Model S would be over $400 per month and the Model Y about $200 for me. Now compare that to the $130 I currently pay for two cars.
Insurance should follow the price to fix what damage is done to these vehicles. A vehicle that tends to crash and is expensive to repair will have higher insurance than one that is less likely to crash or less costly to repair.
If they figure out how to make cars drive themselves and never cause accidents then the price of insurance may go down to nearly zero, or may no longer become a requirement.