If you have questions about the long-term cost of owning an electric vehicle, you'll be happy to learn that owning an EV can save you money in the long run. Here are a few reasons why.
Fuel Savings
Perhaps the best reason to own an electric vehicle is the money that you will save on fuel. On average, EV owners who do most of their fueling at home save anywhere from $800 to $1,000 a year on fuel costs over drivers with comparable gasoline-powered vehicles.
Maintenance
While an electric vehicle will require regular maintenance, it will cost nearly half as much as the maintenance of a gasoline-powered car. EVs are less complex mechanically, so they aren't subject to the same kind of wear and tear that you'll find in other vehicles.
Depreciation
Research by Consumer Reports suggests that newer electric vehicles hold their value as well or better than comparable gasoline-powered cars, especially now that many are able to drive as far as 200 miles on one 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 Frisco. 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.
