Thinking About Going Electric?
April 27, 2022
You’re thinking about buying an electric vehicle as our future moves this way. But the choices are overwhelming, cost is high and charging situation is precarious. First of all, congratulations for even thinking about it. If you need a new smart phone, would you consider buying an I-5? It’s a change we all need to grasp whether we’re in the car-buying market, or not. And the good news is that prices are slowly decreasing and battery charge ranges, charger sites and style options (including AW drive) are increasing.
Electric vehicles (EV) are fast, fun, require little maintenance and emit no tailpipe emissions. Numerous auto manufacturers now offer them with more on the horizon. While the allure is exciting, it’s important to have a charging plan. Charging at home may require an upgrade to a 220 volt outlet – and where else are chargers in town or close to work?
The price range is $30,000 – $100,000, but the federal government offers a $7,500 tax credit (for most models). Long-term thinking is key, however, as EV’s are cheaper to own. Considering gasoline, oil changes and maintenance, a Consumer Reports study found the average EV driver will spend 50-60% less than a gas-vehicle owner. Additionally, there’s lower life-cycle emissions which will further improve as the electric grid adds renewable power. If a full EV isn’t possible right now, consider a plug-in hybrid or e-bike as a stepping stone! It could be the ideal solution for short commutes, work, and errands.
By Mary Closser