As the EV market continues to grow, it’s becoming more common to see cars that run solely on electricity instead of traditional gasoline. This is great news for the environment, as it reduces emissions and the need to fill up at gas stations. But how do you know if an EV is right for your needs? There are a few key questions you should ask yourself.
If you’re thinking about an EV, here are some things to keep in mind:
One of the biggest advantages is that it’s cheaper than owning a gas-powered car. You won’t have to pay for fluctuating fuel prices or the price of oil anymore, and EVs tend to require less maintenance over time. Plus, most EVs have an eight-year, 100,000-mile battery warranty, so you can rest easy knowing that your new ride will last.
EVs also offer some other financial benefits, such as tax credits. However, the current federal EV incentive is only good until 2023 and there are requirements (such as the percentage of battery components that must be made in North America) that may impact your eligibility. So, if you’re interested in purchasing an EV but aren’t sure about the timeline, consider waiting to make the purchase.
Another big consideration is the availability of charging infrastructure. While it’s growing rapidly, public EV chargers still aren’t in every community, and some are often broken or unavailable. That’s why it’s important to figure out how you would get around if you didn’t have access to an EV. It’s also a good idea to look into how much it will cost you to install an at-home charger, as this is typically the cheapest way to charge an EV.
What’s more, if you’re considering an electric SUV or sedan, remember that EV range decreases dramatically when you haul or tow a heavy load. That means that if you’re looking to switch completely from your gasoline-powered vehicle, it might be better for you to go with something smaller, like the Chevy Bolt EV, which has an EPA-rated driving range of 238 miles.
Finally, if you’re going to buy or lease an Electric vehicles available near me, it’s important to factor in other expenses, such as maintenance costs and the cost of electricity to charge the car. While you’ll be saving on fuel, you will likely have to pay more for services because an EV requires more regular attention than a gas-powered model.
If you’re ready to learn more about EVs for sale in your vicinity, you can shop a wide selection of pre-owned models at BMW of Freehold. To schedule a test drive, contact us online or give us a call today! We look forward to helping you take your next step toward a greener future.