July 5, 2022

The Queens County Citizen

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‘Consumer reports’ find that electric cars save money in the long run

'Consumer reports' find that electric cars save money in the long run

Electric vehicles are a relatively new technology. Although we technically saw the first battery-powered vehicles 100 years ago, they did not become viable transportation until recently in the modern world.

However, although they are now viable, they appear to be much more expensive than their traditional internal-combustion counterparts. Well, so far.

Low maintenance costs and low cost electricity and gasoline actually make electric cars much cheaper in the long run, despite the fact that they often have a higher purchase price, according to a new survey User reports. Data were collected using annual reliability surveys conducted C.R. In 2019 and 2020.

For the first 50,000 miles (80,500 km), battery electric vehicles cost just US $ 0.012 per mile for maintenance and repair, while plug-in hybrid models increase that number to USD $ 0.021. Compare these numbers for internal combustion vehicles with the usual USD $ 0.028 cost and it becomes clear that the more you drive the more you save. After 50,000 miles, BEV and PHEV vehicles cost US $ 0.028 and US $ 0.031, respectively, while ICE vehicles reach US $ 0.06 per mile.

More practically, if you choose to buy the Model 3 instead of the BMW 330i, you will see a total savings of US $ 17,600 over the life of the vehicle based on average driving. In the SUV sector, buying a Tesla Model Y instead of a Lexus crossover saves US $ 13,400 (provided) The former roof does not fly) And the purchase of the Nissan Leaf by Honda Civic will save US $ 6,000 over the lifetime of the vehicles.

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C.R. The “lifespan” of a vehicle is defined as 200,000 miles (320,000 km). Make a final warning Ergo: If electric means big savings, you can only see that return after a long period of ownership.