Did your know that electric cars were invented before gas-fueled cars? Well, now you do. Unfortunately, at that time the latter option was found to be more convenient, faster, better, and low maintenance so, instead of EVs, gas-powered vehicles hit the market.
However, the tables have turned now. Today, electric cars are quicker, and they can go much greater distances than before. Charging is also becoming faster. They are also said to be better for the environment and overall, the benefits of electric cars trump their counterparts.
Electric vehicles save money on gas and are less expensive to maintain year after year. Studies have shown that fuel savings alone can be $4,700 or more over the first seven years. Let’s take an in-depth breakdown of electric car vs. petrol car cost breakdown.
Petrol/Gas vs. Electric Car Savings
According to Consumer Reports, an electric car’s annual maintenance costs average $900. A gas-powered automobile will require $1,200 in maintenance each year on average.
So, you would need $9 worth of charge in an electric car to drive 200 miles. To go 200 miles in a gas-powered automobile, you will need around 10 gallons of gas, which would set you back around $30.
So, how much money does an electric car save you? According to the figures above, driving an electric car saves you $21 for every 200 miles you travel.
Because an electric automobile is a simpler mechanism, it costs less to maintain than a gas-powered vehicle. There are fewer moving components and fewer issues.
In comparison to a gas-powered vehicle, an electric vehicle will save you $632 per year on average. In general, a new gas-powered automobile costs $1,117 per year to operate, whereas an electric vehicle costs only $485.
When it comes to an electric vehicle vs. petrol savings, fuel isn’t the only factor to consider. These contemporary automobiles require very different maintenance. Electric vehicles feature fewer moving parts than gas-powered vehicles, which means you’ll save money on maintenance in the long run.
You won’t have to pay for things like oil changes, spark plugs, and other maintenance. Furthermore, electric motors may slow down on their own, putting less load on your brakes.
However, you’ll still need to go in for stuff like tire rotations and windshield wiper replacement. The battery pack is the most expensive component of an electric vehicle’s upkeep.
FREQUENTLY ASKED QUESTIONS (FAQs)
Q. What breaks down in an electric vehicle?
Ans. The battery of an electric vehicle is most likely to break down and put some heavy expenses on your finances. Hence, it is recommended that extra care be taken towards maintaining the best condition of your EV’s battery.
Q. How long do electric cars last?
Ans. The majority of battery manufacturers guarantee that even the best electric cars tend to last between 5 and 8 years. An electric car battery, on the other hand, is expected to last between 10 and 20 years before needing to be changed.
Q. Do electric cars break less?
Ans. Yes, electric cars tend to break down less often as compared to diesel, gas, or petrol cars because their engines are more reliable since they have fewer moving parts and no chance to be fueled by impure or low-quality petrol.
Q. Do electric cars have a gas backup?
Ans. An electric car does not have a tailpipe and does not have the traditional liquid fuel components such as a fuel pump, fuel line, or fuel tank because it operates on electricity, so electric cars do not have gas backups.
Q. Do electric cars still need oil?
Ans. Although electric cars do not use oil in the conventional sense since their electric motors do not have oil that has to be replaced like gasoline engines, they may utilize different lubricants that need to be checked at least once a year.