I did the math and an ev would be about 1/8 the price in electricity versus gasoline. I don’t know what backwards place you live in, but that’s not the norm. Then there’s the lower cost of maintenance and repairs which further makes EVs cheaper.
There’s less maintenance, but repairs are more expensive. After a minor fender bender, expect to add an extra zero to the bill for repairing an EV versus ICE.
A few years ago, it looked like after you factored in the savings from cheaper electricity versus more expensive gasoline, and the lower maintenance costs, the true cost of owning a $45k Tesla was about equal to the cost of owning a $25k ICE car over 10 years, with most of the savings coming from significantly lower maintenance costs in years 5-10. However, it turns out that the cost of unscheduled repairs is so much higher that the true cost of owning an EV is significantly higher than a basic model ICE car.
I did the math and an ev would be about 1/8 the price in electricity versus gasoline. I don’t know what backwards place you live in, but that’s not the norm. Then there’s the lower cost of maintenance and repairs which further makes EVs cheaper.
There’s less maintenance, but repairs are more expensive. After a minor fender bender, expect to add an extra zero to the bill for repairing an EV versus ICE.
My dealer told me the same thing. Everything is more expensive for EVs.
They sell them to rich people only…
And early adopters who didn’t know better.
A few years ago, it looked like after you factored in the savings from cheaper electricity versus more expensive gasoline, and the lower maintenance costs, the true cost of owning a $45k Tesla was about equal to the cost of owning a $25k ICE car over 10 years, with most of the savings coming from significantly lower maintenance costs in years 5-10. However, it turns out that the cost of unscheduled repairs is so much higher that the true cost of owning an EV is significantly higher than a basic model ICE car.