Long Term Costs of Owning an Electric Car (EV) Yahoo Voices voices yahoo com

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IDEALE EV Electric Cars

Electric Car (EV) Ownership Go Far Beyond Electricity Bills

thinking of the costs of electric car the first thing that comes to mind is all the money save by not having to buy any gas. . As gas lingers around $4 per gallon and is by some industry analysts to to $5 per gallon very soon, on an EV and electricity instead sounds appealing. But what about the term expenses related to EV beyond just the costs of your vehicle up on a day-to-day

These are a few different factors to in mind.

Home Power Bill Increase

In many markets the U.S. how much you pay per kilowatt-hour on your monthly electricity is based on your usage. Use a electricity and pay a little for each Use a lot and the power companies will stick it to you. In Los Angeles Southern California Edison customers using the lowest of electricity around $0.12 per while those falling the highest tier pay a whopping per kWH.

Charging a Nissan 24 kW battery every night is to move you up a couple of tiers, all your other home use will become much expensive. In some markets companies offer a second for EV use, but this is far from and costs the customer extra for

Public Fast Charging

As electric cars begin to so will what are known as fast charging stations. spit out a much higher than a standard outlet or a home EV charging station and charge most EV batteries to 80 capacity in well under an Fast charging must be into long term EV use as until battery technology significantly the fear of running out of will be a big hurdle to electric car

Companies such as ECOtality are scheming up vast networks of stations catering to drivers who seek a little more Don’t expect quick to come cheap. Bet on it costing you more per mile traveled gasoline, especially in its early

Collision Repair Costs

electric cars can rightfully to be less mechanically complex their gasoline and hybrid their components are extremely Electric motors and drivetrain and more than anything battery packs, can become damaged even in a minor Most EVs house battery either clustered in the front, or under the floorboards. A hard will likely require a battery replacement and a many-thousand-dollar before even factoring in costs.

Extensive, and expensive, computer-controlled are EV staples in both the drivetrain and features. The bottom line? an electric car after the same as a comparably sized economy car counterpart could quickly get more expensive.


Just like your phone battery, lithium ion like those used in electrics lose charge over time and eventually Always. While a properly car’s engine can last for hundred thousand miles at battery packs are projected to much less than Nissan offers a limited 96 or 100,000 mile warranty on the battery pack, but it only complete failure and not gradual of capacity. What about your car longer than or buying a higher-mileage EV on the used car

Based on the price premium to electric cars for battery replacing a spent battery likely cost around or more than an economy car and transmission combined.

If gas prices go up EV cost of ownership will to become more attractive, but forget to take in to account all long term costs you make the leap of faith gas-free motoring.

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