DDE reveals insane hidden costs of owning a McLaren P1 - Dexerto

DDE reveals insane hidden costs of owning a McLaren P1

Published: 30/Sep/2020 10:49

by Kieran Bicknell


Having purchased their first-ever hypercar, Dave and Damon from DDE were riding high on cloud nine. Unfortunately, they’re quickly discovering hypercar ownership has a number of insane hidden costs.

Buying a McLaren P1 in itself is no mean feat. With the DailyDrivenExotics crew having done just that, they’re suddenly realizing its not just the purchase cost of the car that’s extortionate.

Since the cars are being used for business (YouTube) they need to be commercially insured. While that doesn’t seem to be an issue for the other supercars, for the P1 it’s proving tricky.

Speaking about the situation, Damon says “The P1 is proving a pain in the a** to insure. To be honest, we really didn’t think that through. To be honest, we’re not sure what to do.”

DDE McLaren P1
YouTube: DailyDrivenExotics
Insuring the P1 is proving difficult for the DDE team.

Only one insurance option: ICBC

Being based in BC, insurance is government-controlled and there is only the one option: ICBC. This means that for ‘core’ insurance to drive cars legally on the road, drivers can’t ‘shop around’ for the best deal. This is proving costly for the DDE team, as they didn’t consider this issue with the P1.

Damon also reveals that for the famous ‘tire slayer’ Huracan they had on the channel, one year’s insurance was a whopping $18,000.

This is partly due to being insured commercially for the channel, but that’s still an insane amount of money. Anywhere else, it should be “like $3500” for the year, for reference.

The monthly insurance payments on the other cars are also insane. The 720 is $1200 per month, while the Gallardo is $950 per month.

Clip starts at 6:06

“We kind of messed up on this one!”

ICBC insurance does have a special path known as ‘rate group 98’ specifically designed for ‘luxury’ vehicles.

Unfortunately, even this couldn’t save the P1. ICBC actually flat-out denied insuring the P1 for commercial use. Taken aback by the result, Damon admits: “We probably should’ve talked this over before we got the camera out!”

“This car just went from being a kind of joke headache, to being like a legit headache. We kind of f****d up on this one, we didn’t realize this car [the P1] was going to be so hard to insure.”

Damon also revealed that the monthly payments on the car are $37,000. That means that for a car that they can’t create content with (which in turn makes them money) it is, for now, just a fancy paperweight.


Self-driving car hilariously crashes into wall during Twitch broadcast

Published: 29/Oct/2020 18:58

by Tanner Pierce


During the Roborace Season Beta event being streamed on Twitch, which pits multiple teams operating “self-driving” cars against each other in an augmented reality experience, one of the cars crashed in an unfortunate, but ultimately hilarious, fashion.

If you never heard of Roborace, you’re probably not the only one. The AI-focused racing experience has only been around for a few years now and while it’s certainly entertaining, it hasn’t quite hit the mainstream just yet in the same way that something like Formula 1 racing has.

Despite this, Season Beta of the aforementioned competition is currently underway and is being streamed on Twitch for the world to see. Of course, it wouldn’t be a race without some spectacular crashes and one happened in an absolutely hilarious fashion on October 29.

During the second day of the Season Beta race, Acronis SIT Autonomous’s DevBot 2.0 car took an abrupt sharp turn directly into a wall immediately after being at a standstill, leading to an unfortunate, albeit hilarious moment during the race.

Unfortunately, the camera cuts away before we can see the reaction of the operators, although it’s hard to imagine that they wouldn’t be a little annoyed at that immediate outcome. While it’s currently unknown what the estimated price is for the DevBot 2.0, as they’re all produced specifically by Roborace, this little crash probably just cost the team a lot of money.

The DevBot 2.0 uses Nvidia’s DRIVE platform to operate, which allows artificial intelligence to take over driving the fully electric car, as it races through an augmented reality track.

As the name suggests, this is the second iteration to use the name and is being used by all teams during Season Beta. It’s unknown whether this error was due to a technical error or was down to the “operators”.

If fans are interested in Roborace, Season Beta is set to continue until October 30, and will be streamed on the competition’s official Twitch channel the whole time.