Insurance Costs for Chinese Cars in Germany Rise
4 Articles
4 Articles
Chinese e-cars are comparatively cheap in purchasing. But in the case of car insurance, buyers pay heavily.
The average Rc car prize for non-electric Chinese cars stands at 574 euros, while for electric cars it rises to 616 euros
According to an analysis of Verivox's comparison portal, Chinese electric and hybrid cars can be almost twice as expensive as new cars from other countries. However, the problem of increasingly expensive spare parts with established car manufacturers could play into the cards of the new suppliers. In a model calculation by Verivox, the BYD Seal U is almost twice as expensive in the comprehensive insurance [...]
Chinese electric cars are significantly more expensive to insure in Germany, as insurers consider them a higher risk due to limited experience and estimated repair and spare parts costs, according to Verivox.
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