Is an electric car cheaper than a gas car?

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Kaitlin Tremblay asked a question: Is an electric car cheaper than a gas car?
Asked By: Kaitlin Tremblay
Date created: Wed, Mar 31, 2021 1:03 PM
Date updated: Wed, Jun 22, 2022 4:24 PM

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Video answer: Are electric cars really cheaper? | real world facts and figures

Are electric cars really cheaper? | real world facts and figures

Top best answers to the question «Is an electric car cheaper than a gas car»

Electric cars cost more to buy, but they're more affordable to run than gas-powered cars… By comparison, a gasoline car can cost you $1,000 to $2,500 a year to fill up. Electric cars are also a lot cheaper to maintain and service because they have fewer moving parts and don't need oil changes.

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Electric cars are more expensive than gas cars, mostly due to the cost of the battery. However, this doesn't mean you'll actually spend more over time. In fact, the opposite may be true in many cases.

Oregon is the cheapest state to run an electric vehicle at an average of $1,810 each year Michigan is the most expensive state to run an electric vehicle with an average annual cost of $4,276 North Carolina is the cheapest state to run a gas car at $2,621 average each year, and 2nd cheapest for EV running costs at $1,836

Electric cars are usually cheaper to own and operate than gas cars, although as one Quoran below pointed out, you can certainly cherry pick data that shows the opposite. Factors that will determine the cost of driving electric vs. gas: Electricity price in your area.

Consumers often assume that, although they're more expensive to buy, an electric car is cheaper to operate than a gas-powered vehicle. After all, it has fewer moving parts so there's not as much that can go wrong. But is that a safe assumption? It turns out that the answer is not cut and dried.

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