Motorlease Vehicle Innovation Series: Is an Electric Car in your Future?

IN THIS ISSUE: BENEFITS OF CHOOSING AN ELECTRIC VEHICLE

In This Article

An EV goes farther for less
An EV is far less complicated mechanically
An EV is so much quieter
An EV gets special access on the road and in the lot
An EV delivers stellar performance

5 Great Benefits for Choosing an EV

The popularity of electric vehicles (EVs) continues to surge, and the perks of ownership are getting more attractive all the time. While skeptics still abound, the many benefits of owning an electric car can be pretty persuasive.

1. An EV goes farther for less:
Regardless of where you plug in, electric cars are cheaper to fuel than gasoline-powered counterparts, potentially saving you hundreds of dollars each year. For example, the average cost of driving an EV is about .04 cents per mile instead of the .15 cents a gas-powered car will cost you to go the same distance. And, since you’ll likely charge your electric vehicle at home, installing solar panels on your home can substantially increase your savings.

2. An EV is far less complicated mechanically:
EV’s are much less mechanically complicated than a conventional gasoline car, and the maintenance requirements are often much simpler. Thus, they can be maintained less often for less money. For example, when driving an electric sedan, electric SUV, or electric truck, you won’t have to be concerned with changing your motor oil every 5,000 to 10,000 miles; EVs need spark plug changes, timing belt replacements, or other engine tune-up items.

3. An EV is so much quieter:
We live with a barrage of noise every day, and the practically silent electric vehicle can be a balm to the senses. They’re so quiet, in fact, that they could be a potential hazard to runners, cyclists, or hearing/visually impaired pedestrians. Recently some lawmakers have proposed new legislation for the installation of noisemaking devices to alert pedestrians of their approach.

4. An EV gets special access on the road and in the lot:
The joys of owning an electric car continue! In some places, EVs and Hybrid Electric Vehicles (HEVs) may have restricted express lanes on highways and bridges. They get premium parking spots for plugging in, and they could even get reduced or free tolls for making an environmental impact.

5. An EV delivers stellar performance:
For the performance enthusiast, EV engines generate instant torque, which means that electric vehicles zoom off the starting line and deliver smooth, responsive acceleration and deceleration. With a lower center of gravity, electric cars also offer improved handling, swift responsiveness, and superior ride comfort. Caranddriver.com recently reviewed Ford’s new electric version of its iconic Mustang, arguably America’s most beloved muscle car. The reviewer touted the Mustang Mach-E for its “attention-grabbing design, handsome and hushed interior and instantaneous acceleration.”

While the initial purchase price of an electric vehicle might be more than a conventional gasoline-powered car, the potential savings and ease of maintenance could cause a spark in your thinking. Whether you’re buying a single car for personal use or adding to your fleet of vehicles, there are so many reasons to go electric for your next automotive purchase!