Posted on 03/19/2025 6:23:22 AM PDT by V_TWIN
Tesla drivers are being slapped with eye-watering extra charges to park their cars in private garages across NYC with “luxury” or “exotic” surcharges for certain models, sources told The Post.
The biggest parking garage management companies in the Big Apple charge drivers hundreds of dollars for monthly parking — but those who drive luxury, electric or oversized cars are increasingly subject to surcharges that can cost them up to an additional $1,000 per month.
And that doesn’t even include charging the batteries!
Wynne Parking President Kyle Halperin told The Post that the surcharge was really about covering insurance costs and described it as part of “a risk analysis”.
According to him, that’s why it is applied to some non-luxury cars, such as Teslas.
“There’s an industry wide standard for multiple garage management companies where [applying the surcharge] is based on things that affect insurance such as the value and weight — Tesla batteries weigh more,” than ordinary car batteries, he said.
“The luxury expense for a parking garage is focused on insurance costs and the amount of space that is required to protect a vehicle from any kind of significant or insignificant damage.
“So if a parking garage is paying additional insurance because it regularly houses a car worth $500k, the threshold for insurance is greater than it is if insuring a $50k car.”
(Excerpt) Read more at nypost.com ...
I owned an SL2 and SW2. Very good cars. Mine were both manual shift. Both ended life at the hands of drug fueled drivers. The SW2 was t-boned by a car full of drunk Mexican teens. The SL2 was struck in the right rear quarter by a drugged up teen in a large pickup.
I have 2 F150 4x4 trucks now. A better fit for Idaho weather. My 1999 F150 has an annoying electrical problem caused by the weather. It builds up ice on the inside of the windshield and the water dribbles behind the dashboard when it warms up. It has damaged the wiring supporting the blower. I intended to fix it last year when the temperatures rose, but cancer treatment wiped out the whole Summer and much of Fall.
Despite what a new vehicle owner may imagine, some vehicles have poor sealant work - from the factory.
One of my cars had a pond underneath the right rear seat area. The welding job for the right rear wheel well, was mis-aligned and water easily poured thru the gaps and into the “tub” of the floor beneath that seat area.
When I pulled up the seat, I thought: “It might be damp?” It had 1 inch of water in it.
I resolved to yank out all seating and the carpeting, and then I “attacked the car.” EVERYWHERE. I applied sealant.
Next, I used high-quality marine engine room insulation and sound-deadener, plus spray-type-sound-deadener - EVERYWHERE I could place it.
Re-installed carpet and seats.
For 25 years I drove that car, and the occasional guest would marvel at how quiet it was.
Pick some portion that you are able to tackle, and win just that bit - one day, one week, one month at-a-time.
Yep, Grandma's inherited Olds Delta 88 had to make the trip to the junkyard in the sky, and the replacement was needed.
bttt
And NYC will turn around and tell how much they support “green” initiatives.
One of the pluses of buying a mass produced vehicle like the F150 is part shortages aren’t likely to be a major issue during questionable economic times. I remember seeing a finance guy during a covid era podcast say his insurance company totaled his 8 year old Audi for a slight fender bender because parts weren’t available.
Another reason NOT to EVER visit NYC...
I have 2 cars (2005 Saturn Vue and 2011 Nissan Quest). I am 63 and plan to never buy another car ever again.
I am that Saturn guy (2005 Saturn). Still runs good. Will probably die with it. I am 63 years old.
My next “new” truck will be from somewhere between 1995 and 2005. The 2017 twin turbo Ford, while fantastic, costs a flucking fortune to fix even the smallest item.
He is just posturing. He wanted to get a Chevy Tahoe and used Elon as a scapegoat.
My house cost was $52,000 in 1980. It is paid for as are both my cars. Why would I want to pay more for a car now than my house?
I sold my 2013 Dodge Ram 2 years ago as my wife could no longer drive and we were paying for insurance on 3 vehicles. She could not get into the Dodge is why I sold it. She has passed on now and I will make the 2 cars left last me till I die.
Trucks now cost more than my house.
Accounting for inflation your $52K home purchased in 1980 would likely be worth well over $200K unless your neighborhood tanked over the years...
I live in the hood. It appraises for $125,000. I doubt I could get $100,000
Sorry to hear about the loss of your wife.
The Biden administration, in order to make the economy look less bad, put in place an insane tax incitive. Buy a hundred-thousand-dollar vehicle and you get to take a hundred thousand dollars off your taxable income. This did what all incentives do, raised the price and moved forward demand. It also drove up general car prices as it set a new floor. It was a three-year incentive with decreasing value each year, but you could always buy yet another hundred-thousand-dollar vehicle. Like cash for clunkers, it was a horrible program with long term bad effects.
Having said that, what I’m seeing now is people buried in their upside-down vehicles, letting the bank have them. One of my renters just did this. So, the price of new and used vehicles will be coming down. The real downside is much of the existing car manufacturers are going to fail. Nissan turned belly up last week.
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