Don’t let the price of a new EV fool you, they are not as expensive as you may think, especially when you factor in running cost. The price tag is a little higher than fossil fuelled cars, but there are some cheaper ways to get behind the wheel of one. Here is a quick guide to thrifty EV motoring, and how they save you money the more you drive them.
Cut The Upfront Costs
When you start looking at electric vehicles, the bad news comes first. They are pricey cars to buy, often carrying a premium of three or four thousand pounds above the price of their petrol and diesel fuelled friends. If people are looking at the price of a new car on a dealership forecourt, you can forgive them for choosing the cheaper option. Savvy shoppers know better, however.
Leasing instead of buying makes much more sense, especially when you want a brand new EV on your drive. Electrix from LV has you covered. They have a huge range of EV leasing deals giving you a massive choice of cars so you can find the right one for you. Electrix doesn’t stop there though, they can help you save on car insurance and get a home charging point fitted so you are all set for less.
Less Wear, Less Repair
Not enough people talk about this money saving bonus that comes from driving an electric vehicle. If you drive a traditional motor, you will have grown accustomed to oil changes, tyre changes, and every couple of years a big repair bill for a new clutch or fresh brake pads. EVs do not have this problem. The smart tech that underpins an electric car is much more durable and needs far less maintenance.
Without a complicated engine that needs oil, there are a lot fewer things that can go wrong or need to be replaced every 10,000 miles. Tyre wear is reduced from regenerative braking, and wear on the brakes too. Many EV drivers say they never have to pay big repair bills for their electric car, even after tens of thousands of miles of driving. EVs speed through their MOTs, and save you money every year.
Get A Great Rate
Believe it or not, your energy supplier can help you save money. This may be difficult to believe if you have looked at your energy bill lately, but if you have an EV they can help you make some massive regular savings. Most energy suppliers offer an EV charging tariff that kicks in during the middle of the night. This gives you access to super cheap electricity for charging your electric vehicle.
Installing a home charging point is a simple job that can be done in just a few hours, and once you are set up with one and you have switched to an EV tariff you can slash your cost per mile of driving by at least half if not more. This makes switching to an electric vehicle a much easier decision. You will always have a full battery with hundreds of miles of range and plenty of extra money in your pocket to spend when you get to where you are going.
Getting yourself an electric vehicle doesn’t have to be expensive. Choose to lease, pick your car, and start saving money every month on your fuel and repair bills. It will help pay for itself, and you get to enjoy all the benefits of an EV without having to cover the upfront costs.
