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Should You Buy an Electric Vehicle?

Home CRISIS-Friendly
October 29, 2021
Reading Time: 2 mins read
Should You Buy an Electric Vehicle?

Concerns about protecting the environment, as well as the high cost of gas, have prompted consumers across the United States to switch to electric vehicles. They offer several benefits compared to cars with internal combustion engines, as well as some drawbacks. 

You Can Do Your Part to Protect the Planet
Buying an electric car helps you contribute to a cleaner and healthier environment. You will be able to reduce your fossil fuel usage since you won’t have to rely on gas to get where you need to go. In addition, electric vehicles don’t release emissions that can pollute the environment. 

An Electric Vehicle May Cost More Initially But Can Save You Money in the Long Run
Electric cars cost more upfront than gas-powered vehicles, but you may save thousands through a federal tax credit. Depending on where you live, you may also qualify for state or local rebates that can save you even more money.

If you purchase an electric car, you won’t have to pay for gas. That can save you thousands of dollars per year. If you don’t live in an area where you have access to a public charging station, you’ll need to install one in your home. You will have to pay an upfront fee, plus the cost of electricity. Electricity rates vary by location and time of day. The cost can add up, although it may be much less than what you currently pay for gas. 

Electric vehicles require less maintenance than traditional cars. Some manufacturers offer warranties that exceed government mandates, as well as several years of free maintenance. Replacing a battery in an electric vehicle can be expensive, however.

Ranges Are Limited, But Technology Keeps Getting Better
Electric vehicle batteries are limited in terms of how far they can travel on one charge. For people who don’t cover long distances in one day, that’s not a problem. If you want to take a long trip and you don’t have access to a charging station, however, it can be an issue. 

Companies that produce electric vehicles are continuously working on improving technology. The distances that electric cars can travel on one charge keep getting longer and longer. 

Electric Cars Are Fun to Drive, But Charging Can Be a Hassle
Electric vehicles can react more quickly than gas-powered cars, which can make them more enjoyable to drive. They are also quieter than vehicles with internal combustion engines.

It can take hours to fully charge an electric vehicle’s battery, compared to minutes to fill a car’s gas tank. If you buy an electric car, you’ll have to plan carefully to make sure that you don’t run out of power when you need it and find yourself unable to recharge the battery.

Weigh the Pros and Cons
It’s important to think things over carefully before making any major financial decision. Consider the upfront costs, long-term savings and other factors to figure out if an electric car is right for you.

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Paige Brown

Paige Brown

As Managing Editor, Social Media & Blog, Paige oversees RISMedia’s social media editorial and creative strategy, as well as managing content for the Housecall Blog, ACESocial and other editorial projects. She also helps develop marketing materials, email campaigns and articles for Real Estate magazine. Paige graduated from Central Connecticut State University with a B.A. in Journalism and Public Relations.

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