Have you been watching and waiting for the exact right time to dip your toes into the electric car market? Eventually, consumers will have no choice but to buy an electric vehicle, but you may be asking yourself whether there is any point in point waiting. Maybe now makes sense. However, knowing that it saves on petrol or diesel is great and a very important feature, but what else should you know about owning an electric car?
Here we’ll take a look at three things to know before you go ahead and purchase or lease your first electric vehicle.
Leasing Can Make a New Car More Affordable
Because the cost of living is something everyone is concerned about right now, being able to afford a new car may not seem realistic. This is exactly why you may want to consider leasing instead of financing a vehicle. It’s a great way to get into a brand-new car, or electric vehicle, stop paying for petrol immediately, and have peace of mind knowing your new vehicle will be reliable.
Check out this great guide to electric car leasing, which answers all the most pressing questions. Another fabulous benefit is that you know in a few years when the lease term ends, you’ll be able to turn it in and get into another brand-new car.
Charging Your Car at Home is Cheaper
One of the most confusing and little understood aspects of electric vehicles is how and where to charge them. The good news is that charge stations are on the rise with plans for many thousands to be built across the UK. This means finding a charge station will only get easier. But did you know that it’s cheaper to charge your car at home?
Whenever possible you want to be sure the main charge is done at home and you use charging stations as a top-up measure. It’s also important to understand that public charging points have different charging speeds, rates and voltages.
If you’re able to park on your drive overnight, installing a home charge port will be wise. Typically, the installation for a home charger is around £900, so that will need to be factored into your budget.
Maintenance Costs Tend to Be Lower
Here’s a surprising benefit of owning an electric vehicle that is sure to catch your attention. Did you know that maintenance and repairs tend to cost less for an electric vehicle vs a traditional petro or diesel-powered vehicle?
Electric car motors have fewer moving parts in them, which means fewer things that can break, malfunction and wear down. Those savings will start to add up fast, which means more money in your pocket and less time spent in the repair shop for your vehicle.
There are many benefits to owning an electric vehicle, especially with petrol and diesel prices being as volatile as they are. But with that said, it’s still wise to do your research and learn all you can so you can make an informed purchase decision.