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Are you looking to purchase, lease or finance an electric vehicle within the next couple of years? What are your considerations while you weigh up the decision? Would you consider renting the vehicle as opposed to leasing or financing the purchase?
We'd love to hear your thoughts on EVs!
Yes, I would consider getting an electric car. Main reason for me is to leverage the lower cost of electricity versus that of Petrol and overall health benefits.
Cost is the main consideration. When electric cars came out, they were $100K etc. So one would ask the question, how can a middle-class income earner afford a $100K car?
But now, prices are coming down. If it were possible, I would look at trading in my petrol engine car to get a break in the purchase price of an electric vehicle (EV). I would not be considering financing because such an arrangement could negate the short term cost benefits in owning an electric vehicle. This could change as prices come down on EVs.
Another consideration is proliferation of EV charging stations. I am looking at family trips but also have to be mindful of checking the maps of where the EV charging stations are along the major routes of travel. If it doesn't seem feasible, then I would take my Hybrid on long family trips. For in city travels, I would use the EV and once I gained confidence about longevity of travel on a single charge, then I would explore traveling longer distances, etc.