Should You Buy an Electric Car?


EVs cost less to operate than traditional cars, but they do require a significant upfront investment. Those costs may be partially offset by government incentives, rebates and low battery prices.

You’ll also need to pay for buy an electric car to charge your EV at home or a public station. Typical residential prices are 16 cents per kilowatt-hour, but pricing can vary by region and provider. You’ll also need to consider the cost of roadside assistance in case you run out of juice, as most EVs will give drivers ample warning before their battery runs out. Many automakers and insurance companies offer roadside assistance services for electric car owners, too.

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If you plan on using your EV as a daily driver, it may be worth the extra expense to go all-in on an electric car. You can save money on fuel, and most EVs are quieter and smoother than traditional vehicles. Plus, with advancements in lithium-ion batteries, most passenger EVs can now travel more than 200 miles on one charge — enough to drive from Seattle, WA to Eugene, OR or from Tulsa, OK to Miami, FL.

However, if you plan on using your EV for family outings and weekend getaways, an electric car isn’t necessarily the right fit. Most EVs can’t carry more than seven passengers, and some lack cargo space or a back-seat heater. You’ll also need to consider a second vehicle, if necessary. Many manufacturers offer PHEV models that can function as an EV for most of the time, but switch to gasoline when you need to take your family on a long trip.

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