Joe Capitalist
Racism is a disease
Still living in the past my dear, afraid of change!
Electric Vehicles are better than gas cars in so many ways and car buyers are starting to appreciate the difference.
Lower maintenance. Cheaper to run. Better performance.
Yagina will be purchasing an EV soon. Very soon.
EVs Offer Big Savings Over Traditional Gas-Powered Cars
A CR study shows that total ownership cost savings can more than make up for an electric vehicle's typically higher purchase price
When it comes to buying an electric vehicle, many consumers might like the idea, but they sometimes balk at the purchase price, which is typically higher than that of an equivalent gasoline-powered vehicle. However, new research from Consumer Reports shows that when total ownership cost is considered—including such factors as purchase price, fueling costs, and maintenance expenses—EVs come out ahead, especially in more affordable segments. (Download a PDF of the fact sheet and the complete report.)
The savings advantage can be compelling in the first few years and continues to improve the longer you own the EV. Our study shows that fuel savings alone can be $4,700 or more over the first seven years.
When comparing vehicles of similar size and from the same segment, an EV can cost anywhere from 10 percent to over 40 percent more than a similar gasoline-only model, according to CR's analysis. The typical total ownership savings over the life of most EVs ranges from $6,000 to $10,000, CR found.