#1 most loved electric vehicle, solar, & battery news & analysis site in the world. Support our work today!


Browsing the "value deflation" Tag

It Costs Less To Fuel An Electric Car, And Why

September 30th, 2018 | by Paul Fosse

There are 8 major items in the Edmunds True Cost to Own figures: Depreciation, Taxes & Fees, Financing, Fuel, Insurance, Maintenance, Repairs, and a possible Tax Credit. For this article, I’m only going to focus on how fuel costs compare between gas cars and electric vehicles (EVs). The other categories should not have much variation. I’ve owned electric cars for the last 7 years, and although they have fewer repairs than my gas cars, the few repairs that have been required have been more expensive



Back to Top ↑