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Great Reasons to Buy an Electric Vehicle Now

March 22, 2021

Reasons to buy EV car against gasoline car

Years ago, car lovers were not inclined in buying electric vehicles. This is mainly because they didn’t have many options to choose from. However, the situation has improved drastically in the past few years. With the advent of Tesla by CEO Elon Musk, it is very hard for humankind to stay away from electric vehicles. The growth rate is exponential for EVs. However, we are not great at calibrating growth exponentially, over linear methods. These are probably the tricks in growth, man cannot forecast how the business for cars like the EV will be in the future. Maybe, it is because we cannot digest the fact that the next generation might be only electric vehicles. 
Practically, there are many reasons to buy the EV apart from Tesla. The industry is under noticed in many parts of the world. For example, you have the Nissan LEAF which was released seven years ago. The battery and energy capacity of this car is much better than so many other bigger brands. However, did it run? A similar situation has affected so many other types and models of electric vehicles. Still here are few reasons for you to buy an electric vehicle. 

  • Better selection

The selection of electric vehicles can never be better. From crossovers to perfect electric vehicles, you have multiple models from different brands. For instance, if you are in the United States, you have 17 different electric vehicles to choose from. There are cars for budget-minded professionals too! Some of the finest and most affordable electric cars begin at 24,000 USD. Indeed, this is a very low price tag for such an efficient car. In the upcoming days, you will see renowned names like Jaguar and Audi coming up with higher-end, sophisticated vehicles in this spectrum. So, if it was a selection that stopped you from buying an electric vehicle, you will no longer be a blocker.

  • No More Anxiety

In the beginning, it was very difficult for people to rely on electric vehicles where they had to travel long distances. The idea of covering lengthy trips in the electric vehicle was impossible. This is because electric vehicles were designed to cover anywhere between 100 and 150 miles. 
Today, this barrier is broken. You have electric vehicles that can reach 238 miles in full charge. Brands like Kia and Hyundai have released these cars at an affordable price too. For instance, Kia’s Niro offers 239 miles per charging session. And, Hyundai Kona offers 258 miles per charging session. 

  • Better Tax Experience

Governments around the world are encouraging the use of electric vehicles. This is because electric vehicles are greener. When you buy an electric car, you will be eligible for a massive tax credit. In some cases, you will be able to save at most 7500 USD. The benefit strongly depends on your jurisdiction. If you want to save money in several ways, buying an electric vehicle is one of them. In the upcoming days, rules and regulations around electric vehicles will give you few more reasons to buy them. With sharp changes in government rules and regulations around electric vehicles, brands are coming up with many interesting variants. In the year 2019, General Motors has hit the epitome of selling 200,000 electric vehicles. Once again, it is strongly believed that this number will only increase in the upcoming days.

  • Better Resale Opportunities

Traditionally, the average resale value of electric vehicles is low. This was because governments didn’t support the move towards greener vehicles. However, things have changed drastically. Today, people with electric vehicles are bound to make a better returns on investment. If you own a Tesla Model 3, Chevrolet Bolt, or an Audi e-Tron – you can expect a good resale value. The return will be remarkable when you sell it within three years of purchase. 
Affordability that counts
When compared to gasoline, electricity is extremely cheap. Gas will become much more expensive in the upcoming days. The cheapest way to manage your car is with electricity. The Environmental Protection Agency (EPA) states that a simple Hyundai Ioniq will cost you only 500 USD to cover 15,000 miles. This is 4500 USD lesser than what a traditional vehicle will need to cover a similar distance. 
For many years, people with electric vehicles had a tough time charging their cars. This was mainly because there were fewer charging stations in the region. The Department of Energy in the United States claims that nearly 21,000 charging stations will be installed throughout the country. The figures will double in the upcoming years. This means you will find a charging station in every nook and corner. From office buildings to airports to hospitals, there will be a charging station everywhere. 

  • Reduced Maintenance

With an electric vehicle, you don’t need to worry about expensive maintenance charges. The only expensive thing about EVs is the battery. Else, everything else is affordable and easy to maintain. Why? That is because the electric vehicle has fewer moving components than a traditional car. And, you don’t need to replace these moving components frequently. At the moment, all-electric vehicles are made of 1-speed transmission endings with mufflers, starters, spark plugs, hoses, and valves. If you maintain the vehicle frequently, you will be able to reduce the overall need for maintenance.

The list of reasons to buy an electric vehicle doesn’t stop here. You have so many more interesting reasons to own an EV. From zero emissions to the ability to create your own power for the car – electric vehicles are extremely interesting to have. Also, when you decide to buy a used car, you will be able to save thousands and thousands of dollars. Yet, your overall maintenance charges will be minimal. The best places to use electric vehicles is when you want to travel to work or enjoy the suburbs. When compared to using traditional vehicles, the EVs are more pleasant, silent, and super-stylish to drive around in.

By  Rachana Patel   |  March 22, 2021