Lower maintenance costs and the lower price of electricity compared to gasoline make electric cars much cheaper in the long run, despite their often higher purchase price, according to a new survey Consumer Reports. The information was collected using annual reliability surveys conducted by CR in 2019 and 2020.
In the first 80,500 kilometers, battery-electric vehicles cost just $ 0.012 per mile for maintenance and repairs, while plug-in hybrid models increase that number to $ 0.021. Compare those numbers to the typical cost of $ 0.028 for internal combustion vehicles, and it becomes clear that the more you drive, the more you will save. After 50,000 miles, the costs for BEV and PHEV vehicles are $ 0.028 and $ 0.031 respectively, while ICE vehicles climb to $ 0.06 per mile.
To put it more concretely, if you choose to buy a Model 3 instead of a BMW 330i, you would see a total of US $ 17,600 in savings over the life of the vehicle, based on one drive. average. In the SUV sector, buying a Tesla Model Y instead of a Lexus crossover would save US $ 13,400 (provided the roof of the former does not come off) and buying a Nissan Leaf over a Honda Civic would save money. ” save US $ 6,000 over the life of the vehicles.
CR defines the “life” of the vehicle as 200,000 miles (320,000 km). Ergo the final caveat: While it seems like electric driving means big savings, you might not see those returns until after quite a long period of ownership.