It is always a good thing to know the cost of electric cars is becoming less which, in turn, helps people to save on the cost of gas and shrink the carbon footprint. Even though there are a lot of reasons for people to choose hybrid cars, there are also a few decisions and planning you should be making for making sure that the car you are choosing to buy fits the driving needs. Listed below are a few of those.
Decide between Choosing a Plug-in Hybrid and a Fully Electric Vehicle
A plug-in hybrid electric vehicle can be operated on its battery without burning the fuel whereas a conventional hybrid electric vehicle depends on the gasoline engine and a smaller battery that works in Tandem. This makes the car work for some miles before the engine of the vehicle starts up to help.
A plug-in hybrid electrical vehicle (PHEV) acts like a normal hybrid vehicle having the battery and engine trading off if you never plug your PHEV. For driving over short distances with plug-in hybrid vehicles, you don’t have to charge your vehicle for getting the benefits of the battery.
On the other hand, a fully electric car relies totally on its battery for power, emphasizing that the car needs to be charged regularly.
Calculate the Total Cost
There are some elements that are been used to compare the cost of an electric vehicle with the cost of a conventional car. Even now, electric cars are more expensive than normal cars and the average cost of a plug-in hybrid electric vehicle is around $46,000. With some electric cars, you can be qualified up to 7,500 dollars in federal tax credits along with the additional rebates that are offered by the state. A few PHEVs have slightly lower credits than fully electric vehicles.
The difference in the price lies in the long term cost that are needed for the maintenance of the vehicle and it can vary depending on a lot of factors including the electricity and gas prices in the area where you live, make and model of the car, how much distance you drive the vehicle, the time and place you charge your electric vehicle, and so on. The cost of energy for you (electricity) will be lower with an electric vehicle than a conventional vehicle that runs on gas.