Agree about WBAC. Please stop using them as the bench mark.
I would say WBAC at the moment for Tesla's (EVs?) currently in the £5k/year insurance quote category.
Their 'Quote' for our 8 year old Lexus IS is pretty amazing still, given it was £31k brand new in 2015, so 50% depreciation at 8 years, cannot argue with that.
The X 'quote is just halirious, 5.5 year old, with 'free for life' SC/connectivity, FSD.
But regardless of residuals buying/swapping new cars just for the sake of it is a total waste of £££££. Even with our Lexus, swapping into a new LR Model 3 with white seat would cost £37k, and for what gain?? A 3 would cost almost the same to refuel on a long trip, soon the Lexus Will have a cheaper VED rate (£10/year registered in 2015), and I only service it now every other year at Halfords for £170, still on original brake pads + 12V battery. 2025 VED on EVs will essentially make a new Model 3 MORE expensive to maintain/own than our Lexus - also only £220 insurance this year!!
A new X would just be utter financial suicide, we don't have UK X pricing yet, but based on EU pricing 6 seater, white interior, FSD, I suspect £120k ish....so £97k for a swap AND LOOSE free for life Supercharging/connectivity.........I might as well give Tesla my bank account details and say 'take it all' .
Zero chance, interest, or need for us to swap our cars for a long time to come!!
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