Driverless Cars Threaten to Crash Insurers’ Earnings

Re:Driverless Cars Threaten to Crash Insurers’ Earnings by safeignorance on Tuesday July 26, 2016 @07:05PM (#12169376)

> We're already to the point where if your commute is less than 8 miles or so, using Uber daily is cheaper than the cost of ownership on a $30k vehicle. Just imagine what self-driving cars will do to that equation.

Which brings up the question: why the hell would anyone buy a $30k vehicle for 16 miles of commuting?! You can get a perfectly reliable car that's even reasonably safe and comfortable for regional road trips @ well under $10k, without even looking for sales or deals.

Until true driverless (no driver in vehicle, no insurance policy needed) happens, ownership will always be cheaper than daily taxi rides.

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Re:Driverless Cars Threaten to Crash Insurers’ Earnings by sokoloff on Tuesday July 26, 2016 @07:09PM (#12169393)

I did. I bought a LEAF for around $30K (minus $10K in government cheese) for a commute that's about 18 miles RT.

I did it because I wanted an electric car, and specifically a 2014 or later and there were very few 2014s for sale and those that were for sale were overpriced, IMO (in some cases, more than the net price of a new one).

Our other car is indeed a sub-$10K 2005 CR-V with 180+K miles on it.

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