Cost of Owning an Electric Car VS Gasoline Car

Cost of Owning an Electric Car VS Gasoline Car

Cost of Owning an Electric Car VS Gasoline Car

Compare to the cost of buying a gas-powered vehicle, the cost of purchasing an electric vehicle may seem relatively high at first. Still, the cost of charging EVs is a tiny fraction of the cost of gas for a gasoline counterpart. Also, EVs require less maintenance due to fewer moving parts. Gas-powered vehicles do seem to be better valued at purchase, but their long-term fuel and maintenance costs can mount up to something huge. However, EVs aren’t without expenses, and the most significant possible maintenance expense for an electric vehicle is a replacement battery pack which is expensive. But the vast majority of EV owners won't even have to replace their car's battery.

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