There are a lot of reservations that go into whether the purchase of an electric vehicle is right for you and your family. Some people wonder how they can afford this expensive up-front investment. Others want to know if there's anything on the market that will suit their needs.
It's easy to get lost in the downfalls and forget about the merits, but revisiting it will help determine if it's worth going electric in your next car purchase.
Some things to put into consideration before you start looking are listed below.
Fuel Savings
Perhaps the most significant advantage of an electric vehicle is the fact that it will save you money on fuel. The energy required to power an electric motor comes from a battery charged overnight at home, at work, or by unique recharging stations. This means no more filling up with gas or paying for expensive repairs. It seems like a slight improvement, but it will add to a lot of dough over time.
Maintenance And Repair
Electric vehicles have far fewer moveable parts than gas-powered ones, making them easier to maintain and repair. You won't have to be anxious about changing the oil, checking the air filter, or repairing spark plugs on an electric vehicle. While you will spend a little bit more initially on batteries and charging equipment, this maintenance is virtually free for the life of your car – saving you money in the long run.
Depreciation
Electric vehicles depreciate less than gas-powered ones. As the technology is new, the electric car market is in its infancy. If you buy an electric vehicle in 10 years, it will be worth far less than a similar gas-powered one. This means your car will retain more value over time, saving money for repairs and resale costs when ready to upgrade.
If you want to learn more about whether an EV may be right for you, feel free to contact our dealership here in Mesquite. 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.