Electric Vehicle (EV) Cost of Ownership  

Electric vehicles (EVs) are becoming more popular. Not only are they better for the environment, but they also offer savings that gas-powered cars don't. EVs are cheaper to maintain and operate than their gasoline counterparts.

The cost of an EV is sometimes higher than a gas car, but the long-term savings make up for it. Have you ever compared the average cost of electricity to the average cost of gasoline? If you do, you'll see how much you can save.

Fuel Savings

Electricity is less than gas. You'll see significant savings on the cost of fuel with an EV. In fact, over a year, you could save up to $1,000 on fuel costs by switching to an EV.

Maintenance Savings

Electric vehicles don't require as much maintenance as traditional cars. For example, they do not need tune-ups and oil changes. Additionally, EVs have regenerative braking, which helps extend the life of the brakes. As a result, you can save $4,600 on maintenance and repair costs.


Electric vehicles hold their value better than traditional cars. Since they are a new technology, they haven't been on the market long enough to depreciate as fast as gas-powered cars. You can get more money back when you sell your EV.

If you want to learn more about whether an EV may be right for you, feel free to contact our dealership here in Deerfield Beach. If you discover you’d like to stick with a gasoline-powered vehicle, we carry a great new and used selection to accommodate your needs.

* Information source is from consumerreports.org and is for general informational purposes only. All information is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information. Under no circumstance shall we have any liability to you for any loss or damage of any kind incurred as a result from use of the posted information on this page. Your use and reliance of the posted information on this page is solely at your own risk.

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