Despite their sticker shock, electric vehicles are actually a better value long-term. With the growing popularity and necessity of change to electric, it’s time to consider making the change – but what do you need to know before you buy?
Factors to Consider
While the car buying process won’t be too different when purchasing an electric vehicle (EV), there are multiple features to consider such as the types of charging plugs you’ll need to have installed in your home, where to charge when not at home, your vehicle’s range to fit your needs, state and federal incentives, and maintenance.
For at-home charging, consider that not all outlets are built alike – EV chargers come in 3 levels.
- Level 1 chargers come with the car and can be plugged into any standard 120-volt AC wall outlet, but charge incredibly slowly, with four miles of range per hour. If you only need 20-30 miles to get to work and charge the car while there, this is enough.
- Level 2 is often the more popular option – these chargers give 240 volts of power, adding 25 miles of charge per hour at a much faster charge. You’ll have full-day service and ideal for long distances with an overnight charge.
- Level 3, sometimes calmed DC fast charging, is often associated with Tesla’s Superchargers. This option can charge Tesla models at 250 kWh compared to 120 kWh at $0.28 per kWh. You can find these superchargers at charging networks such as Electrify America. Non-Tesla DC fast chargers use SAE Combined Charging System plugs, but beware of older models – you might find some difficulty.
Unsure which to choose? Contact Fused Electric for all your EV plug installation needs. Specializing in Tesla chargers, we’re confident we can help you with any make or model.
Benefits & Incentives of Electric Vehicles
Electric cars are becoming mainstream across the country, with 41 percent of car-buying consumers saying their next vehicle will be an EV. Overall, EVs have fewer moving parts and require fewer repairs. You don’t have to change your oil, have fewer spark plugs to worry about, and your repair costs are comparable to combustion engine vehicles. On average, an EV driver will save about $8000 on maintenance despite paying more upfront.
Buying EV cars also carries a hefty amount of government incentives and tax deductions with governments around the world spending around $14 billion for EVs in 2020. Some companies offer two years of free 30-minute charging while federal incentives will give you up to $7,500 towards the purchase of your EV, with potential state bonuses. Not to mention that with the price of gas the way it is, you’ll be paying much less at the pump even if you’re paying more often.