If you just look at sticker price, it seems dumb to think of buying an ev. Think about all of the money you spend on top of that 10k initial purchase for an ice vehicle for maintenance and energy. Add up all of the expense associated with the car over the amount of time you use it. Now look at all of the cost associated with an EV. If the cost of the ice vehicle is less, buy that. If not, buy an ev.

I’ve saved around 2-3k a year on gas alone since I bought my ev. My electric rates are less than a third of what I was spending on gas. Never have to change the oil or flush a radiator either. If I drive it for around 1 more years, I’ll be saving money on the total purchase. If I drive it another 8 years, I’ll have saved more money than the total cost of the vehicle.

It’s all dependent on how much you buy it for, the tax incentives you can get, how much you drive, and where you can charge on whether it’s right for you. It’s not right for some and is a no-brainer for others.