Electric vehicles are becoming more popular by the day and trends suggest they will continue increasing in popularity. But before you rush out and buy one, it’s important to know what to expect. We’ve explained the pros and cons of owning an electric vehicle so you can make an informed purchasing decision.
Electric Vehicles Don’t Offer Long Ranges
Range anxiety is very real with electric vehicles. They don’t have nearly as long of a range as gasoline vehicles and you can’t simply take ten minutes to fill up your tank to keep driving. So if you travel long ranges frequently this is something to strongly consider.
Longer “Refueling” Times
If your driving mainly consists of going to work and back every day, then it’s no problem to charge your vehicle overnight so it’s ready to go. However, long road trips are when electric vehicles can become problematic. It can take a few hours to fully charge your vehicle, which can put a damper on your trip.
Cost Factors To Consider
The price tag on new electric vehicles is much higher than traditional gasoline vehicles. Insurance premiums are also typically higher compared to gasoline vehicles. And if you own an electric vehicle long enough where the battery wears down, it’s very expensive to replace it.
Electric Vehicles Are Energy-Efficient
The main positive of electric vehicles is they are energy-efficient and reduce greenhouse gasses. They are also very quiet so you won’t hear a lot of noise when driving or when one is driving by your home.
Fewer Maintenance Costs
There are not nearly as many moving parts in an electric vehicle compared to gasoline vehicles. You don’t have to go in for oil changes and fewer parts can wear out. You’ll typically only need to bring your electric vehicle in once or twice per year for routine maintenance and checks. Plus, there’s the obvious benefit of not having to spend money on gas.
Take Advantage Of Tax Credits
When you buy a new electric vehicle today, you can take advantage of tax credits up to $7,500. New legislation was recently passed to offer up to $4,000 in tax credits on used electric vehicle purchases as well.
We understand you might have a lot of questions about electric vehicles. DeBoer’s Auto is here to provide some clarity for you and answer your questions as thoroughly as possible. Buying a new vehicle is a major financial investment, so it’s important to have all bases covered. If you would like to learn more about electric vehicles, feel free to contact us at any time.
