
Even though electric vehicles (or EVs) may seem more expensive than most gasoline-powered vehicles, their cost of ownership might make them worth the investment. First of all, there's the money that you would save on fuel. When you drive a purely electric vehicle, you don't have to worry about buying gasoline. If you own an EV that you regularly charge at home, you can save anywhere from $800 and $1,000 every year on fuel.
Electric vehicles are also much easier and less expensive to maintain than comparable gasoline-powered vehicles. This is largely due to being less mechanically complex than comparable gasoline-powered models. Simply put, the battery and other electrical components require almost no maintenance, and the vehicles themselves don't need as many fluid changes as other cars.
Finally, analysts from Consumer Reports have found that electric vehicles may be holding their value as well as or better than comparable gasoline-powered cars, especially now that they can drive longer distances on a single full charge.
Even though the initial price tag of a new electric vehicle may seem high, the long-term costs of ownership can make purchasing one worth your while.
If you want to learn more about whether an EV may be right for you, feel free to contact our dealership here in Mission Viejo. 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.