(C) Common Dreams
This story was originally published by Common Dreams and is unaltered.
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Will an Electric Car Save You Money? [1]
['Keith Barry', 'Data Analysis Anita Lam', 'Despite My Love For Quirky', 'Old European Sedans Like The Renault Medallion', "It'S My Passion To Help Others Find A Safe", "Reliable Car That Still Puts A Smile On Their Face Even If They'Re Stuck In Traffic. When I'M Not Behind The Wheel Or The Keyboard", 'You Can Find Me Exploring A New City On Foot Or Planning My Next Trip.']
Date: 2023-02-16 10:00:00+00:00
But sticker prices remain an issue. Most new EVs are luxury models with an average sale price of over $61,000—about $12,000 more than the industry average. EV buyers also need to calculate how much an electric car will cost to drive, including tax breaks and electricity rates. And those can vary depending on where you live, the vehicle you choose, whether you buy or lease, and even your annual income. “Figuring out how much an EV will cost can be complex, but it’s worth doing the math before making such a major purchase,” says Jake Fisher, senior director of auto testing at Consumer Reports. “An EV may make financial sense for many buyers, but some might be better off with a fuel-efficient hybrid.”
To help you better understand the costs and savings of an EV, CR will walk you through how to shop for one while saving money at each step.
See the Gas vs. Electric Car Savings Showdown, below.
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[1] Url:
https://www.consumerreports.org/cars/hybrids-evs/will-an-electric-car-save-you-money-a9436870083/#:~:text=On%20average%2C%20that's%20true%3A%20A,will%20depend%20on%20the%20car.
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