Do Electric Cars Really Save You Money

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Do Electric Cars Really Save You Money. While electricity is a cheaper fuel for cars the initial cost of an electric car is roughly 19000 higher than a comparable gas-powered car according to the Natural. Nows the Time to Save Big on Nissans Award Winning Electric Car Lineup.

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Jones was able to offset some of those costs with tax credits reserved for plug-in electric vehicles. Over the course of a year MoneySupermarket reckons an EV could save you 500 in fuel versus petrol and 425 versus diesel. While electricity is a cheaper fuel for cars the initial cost of an electric car is roughly 19000 higher than a comparable gas-powered car according to the Natural.

A cheapskate runs the numbers Provided by Dow Jones.

If you do an internet search for electric car savings the vast majority of hits will be the savings on fuel cost. 7 Ways Electric Cars Can Help You Save Money. Answer 1 of 38. Ad Starting at 29900 it has everything youd expect with the twist of all-electric power.