NETS Annual Strength IN Numbers® Fleet Safety Benchmark Conference
Indianapolis, Indiana
October 11-12, 2023
Registration & more information coming soon!
Many older Hyundai and Kia vehicles lack a critical anti-theft device known as an engine immobilizer, and thieves know they can break rear windows without triggering an alarm system.
Thefts have become so commonplace that there are reports some major insurance providers are refusing to open new policies on affected Kias and Hyundais, while some drivers with existing coverage are paying higher and higher premiums.
Denying coverage or upping the price is becoming the common solution for many insurance agencies. Progressive generates an automatic denial message when Hyundai and Kia owners apply for an online quote in St. Louis and other disproportionately affected areas.
Electric vehicles might save you on fuel costs, but they are very expensive to fix and insure. Insurance companies charge more for electric vehicles in general, but some are totaling barely driven Teslas over massive repair bills with less than 10,000 miles on the clock.
It can be difficult to find anyone who can repair a Tesla in an affordable manner. Even Tesla itself can’t always figure it out. In 2021 a Tesla Model 3 owner was quoted $16,000 for a repair a local shop was able to complete for $700.
Following Tesla Motors’ recent pricing adjustment, with the Model 3 and Model Y getting deep price cuts, Ford announced it's reducing the price of the 2023 Mustang Mach-E by up to $5900.
“We are not going to cede ground to anyone,” said Ford Model E chief customer officer Marin Gjaja in a statement. “We are producing more EVs to reduce customer wait times, offering competitive pricing and working to create an ownership experience that is second to none. Our customers are at the center of everything we do—as we continue to build thrilling and exciting electric vehicles, we will continue to push the boundaries to make EVs more accessible for everybody.”
If you are an existing Mach-E customer waiting for your SUV to be delivered, Ford will retroactively apply the new pricing model to your purchase.
With over 40 conference sessions, CAFM Live and more, NAFA I&E in Baltimore offers a multitude of fantastic educational opportunities.