Wiser Wealth: Consider Cost, Choice and Charging When Buying an Electric Car

Recharging an electric car

By Chris Isaac

Electric cars are no longer a distant dream for the future, and more and more people are adopting their usage.

In fact, as Niraj Chokshi of the New York Times shares some tips on picking your first electric car, he mentions General Motors intends to make a full switch to only selling electric cars by 2035.

There is no denying that the benefit for the environment of more people using electric cars would be immense, but it’s also valid for your priorities to be affordability and functionality.

Fortunately, there are a variety of electric car models in the price range of what you’d purchase a gas-powered vehicle for. This includes offerings from Hyundai and Nissan that come in around $30,000.

Of course, one of the biggest adjustments will be no more gas pumps. Instead, you’ll have to consider what you want to do about electric charging stations. While you can absolutely charge your car at home, one thing you need to be aware of is you may need to install a higher voltage outlet to get your car charged in a reasonable amount of time.

A standard home outlet could require you to be charging your car all day, which obviously is not convenient for daily use.

Another consideration is that there are more limited electric vehicle options for people with large households. Electric SUVs and minivans are more limited in your choices, and also tend to be expensive.

So you might prefer a vehicle that offers the best of both worlds in a hybrid. While not fully electric, a hybrid can still offer you those same fuel and environmental advantages while also having models that are cheaper than a fully electric larger car.

The switch to electric cars might be inevitable in the coming years, but you have plenty of information at your disposal now to decide when making that change is right for you.

Read more tips on purchasing an electric car on the New York Times.


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