When you factor in the long-term costs of owning an electric vehicle, buying one can seem like a great investment. Here are just a few reasons why.
Fuel Savings
Perhaps the best reason to own an electric vehicle right now is the amount of money you could be saving on fuel. Gas is expensive, and even the most fuel-efficient cars can really hurt your budget if you drive a lot. However, research from Consumer Reports suggests that owning an electric vehicle and doing most of your fueling at home could save you anywhere from $800 to $1,000 a year on fuel.
Maintenance
Since electric vehicles are less mechanically complex than traditional gasoline-powered cars, they are much easier and less expensive to maintain. Generally speaking, you can expect to spend about half as much on maintenance over the course of your vehicle's lifespan if you own an electric vehicle instead of a gasoline-powered model.
Depreciation
The analysts at Consumer Reports have also found that electric vehicles are holding onto their value better than comparable gasoline-powered cars. This is especially true now that electric cars can drive faster, longer distances than ever before on a single full charge.
If you want to learn more about whether an EV may be right for you, feel free to contact our dealership here in Richardson. If you discover you'd like to stick with a gasoline-powered vehicle, we carry a great new and used selection to accommodate your needs.
* Information source is from consumerreports.org and is for general informational purposes only. All information is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information. Under no circumstance shall we have any liability to you for any loss or damage of any kind incurred as a result from use of the posted information on this page. Your use and reliance of the posted information on this page is solely at your own risk.
