Send us a text Headlines warned of surveillance and new tolls, but the real solution to funding roads in an electric future is simpler, cheaper and far more private. We make the case for a mileage-based model that uses technology already built into most modern EVs to replace falling fuel duty without tracking where you go. Here’s the core idea: your car already stores mileage in multiple ECUs and connects via over‑the‑air updates for software and safety. By transmitting one number—total mile...
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Send us a text Headlines warned of surveillance and new tolls, but the real solution to funding roads in an electric future is simpler, cheaper and far more private. We make the case for a mileage-based model that uses technology already built into most modern EVs to replace falling fuel duty without tracking where you go. Here’s the core idea: your car already stores mileage in multiple ECUs and connects via over‑the‑air updates for software and safety. By transmitting one number—total mile...
Insurance Premium Tax: What Every Car Buyer Should Know
Electric Car Chat
13 minutes
2 months ago
Insurance Premium Tax: What Every Car Buyer Should Know
Send us a text Insurance Premium Tax (IPT) is a hidden cost applied to car insurance products that varies depending on where you purchase them, with dealer-arranged products typically costing 8% more in tax than those bought directly from insurers or independent brokers. This tax difference can significantly impact the total cost of vehicle ownership, yet most consumers remain unaware of this variation or how it affects their purchase decisions. • IPT is charged at 12% when buying insurance ...
Electric Car Chat
Send us a text Headlines warned of surveillance and new tolls, but the real solution to funding roads in an electric future is simpler, cheaper and far more private. We make the case for a mileage-based model that uses technology already built into most modern EVs to replace falling fuel duty without tracking where you go. Here’s the core idea: your car already stores mileage in multiple ECUs and connects via over‑the‑air updates for software and safety. By transmitting one number—total mile...
