Electric cars are now less expensive to own than gasoline cars

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The ideal point for electric vehicle ownership has been reached, as the average zero-emissions style is already less expensive than a gasoline car, according to new research.

In 2020, the average operating cost per lifetime, adding up to the acquisition value, for an electric car is 52133 euros, while a petrol model is 53625 euros.

On average, an electric vehicle would charge the owner 3752 euros consistent with the year over his lifetime, at 3858 euros for a petrol car, which would mean an annual saving of 107 euros, according to Direct Line.

The ideal point for electric cars has already been reached: Direct Line calculations indicate that the crossing point for electric cars is less expensive than a gasoline equivalent has already occurred, and motorists are willing to save on average about 1500 euros during the average era of ownership. of a car

The most recent knowledge from the Department of Transport suggests that the UK has already surpassed 100,000 purely electric cars on the road, with 99374 zero-emission cars registered in 2019.

In 2020, figures from the Society of Motor Manufacturers and Merchants show that at the end of June 30957 battery-powered electric cars were registered, almost 160% more than sales in the first six months of last year.

Last month, natural electric cars accounted for 6% of all engine sales, while the market continues to move in favor of cars with fuel of choice, although figures have been distorted in recent months due to falling records of new engines and retenment of the coronavirus.

Direct Line’s statement that electric cars are now less expensive to own, even though the average zero-emission style costs around 5,000 euros, or 22%, more than a style comparable to a gasoline engine.

This even taking into account the 3000 euro grant eligible for zero-emission cars of less than 50,000 euros the government grant for plug-in cars.

The insurer has calculated that the annual average is consistent with prices of EUR 1742, or EUR 33.50 consistent with the week for an electric car, which is 21% less expensive than the current prices of a gas car at EUR 2205 consistent with the year or 42.40 euros consistent. week after week.

Annual taxes and maintenance prices (including MOT and maintenance) for electric cars are consistent with a one-cent decrease than gasoline models, while 58 refueling prices are consistent with a penny less.

However, insurance prices are on average 25% higher for electric vehicles.

Direct Line says this is due to “current production prices and complexities related to the calibration of the computers used in those cars.”

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