Tesla Model X & Insurance Rates
Everybody’s always looking for a good deal when it comes to car insurance and now consumers can find out which models offer the best bargains for 2012.
For the fourth year Insure.com has compiled a list of the least and most expensive cars to insure. Topping the list of least expensive is the 2012 Toyota Sienna in LE trim with an average annual insurance premium of $1,111 dollars. According to the analysis, people movers, including the Honda Odyssey, along with the Dodge Journey…Ford Escape…Kia Sportage…Jeep Compass…and other crossover utilities, made a strong showing in the top 20 “most affordable rankings”. The mid-size GMC Canyon and Nissan Frontier pickups, along with GM’s full-size models, also made the cut. When equipped with popular options, insurance premiums for all of these vehicles were less than $1,200.
Meanwhile, on the opposite end of the spectrum--shoppers can expect to pay close to $3,400 dollars a year for car insurance on the 2012 Audi R8 Spyder Quattro convertible. The two-seater v10 sports car is listed as the most expensive vehicle to insure---with the Porsche Panamera turbo, Mercedes CL65 AMG Coupe and BMW 750i also in the top 20 most “high-priced” list. The online insurance resource company collected data from six major insurance carriers; factoring in frequency of crashes for each model, the cost of repairs and bodily injury claims. Their comparison chart can help drivers get a good idea of what to expect to pay for car insurance.
Well, it’s too early to tell what it will cost to insure Tesla’s new crossover utility will cost to insure, but folks will certainly pay close attention to the pricing for their new EV.
The California company, best known for its battery electric vehicle—the Tesla Roadster —is beaming with pride at the unveiling of its third EV offering—the Tesla Model X crossover. The all-electric vehicle will be built on the same chassis as the soon to launch Model “S” sedan. Tesla claims the “X” has already generated 40 million dollars in pre-sale interest. The seven-seater--which has a striking resemblance to the BMW X6 and Honda Crosstour--features dual motor all-wheel drive and gullwing doors. Pricing is expected to start around $65,000 before tax credits with production slated for late 2013.
And kudos to Tesla for designing a high-end crossover that has the potential to be the “x factor” in the ever-growing EV market.