Hey Strangers,

#car #electronic #buy

There are plenty of climate and air quality reasons to buy an electric vehicle (EV), but is it cheaper to drive? While this is a complicated question that has befuddled car shoppers for years, in most cases, an EV will indeed be cheaper in the long run. And with automakers slashing prices for EVs in the past year on top of federal incentives for eligible buyers, you may even be able to score a bargain up front. Let’s sort out the details.

Sticker prices for electric vs. gas cars

According to data from Cox Automotive (parent company of Kelley Blue Book), the average price paid for a new EV has fallen significantly—in September 2023, it came down by $14,300 over the prior year. This amounted to a cost of just $2,800 more than the average paid for a new gas-powered vehicle. And with the EV market growing rapidly, the price margin is expected to shrink even more in the coming years as manufacturers produce more affordable models and improve battery technology, the most expensive part of an EV.

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Epic Video

https://www.youtube.com/watch?v=GRjVc2TZqN4&t=4s

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article links:

https://www.nrdc.org/stories/electric-vs-gas-cars-it-cheaper-drive-ev

https://www.caranddriver.com/shopping-advice/a32494027/ev-vs-gas-cheaper-to-own/

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Timeline

00:00 intro

00:18 What Talking We Talking About

04:24 Article

15:58 My Thoughts

18:45 outro

anything else?

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