FAQ's for Those looking for an EV
Picking up an electric vehicle is a great idea in 2024, fuel prices are on the rise and EV prices (new, and particularly used ones) are on the way down, so going electric could prove to be a wise decision for your wallet. However, as with all new things, its best to do some digging and make sure all the questions you have about this new experiment are answered. To help bring you peace of mind before purchasing an EV and EV charger, we have done just that. For the most frequently asked questions by those looking for an EV, keep on reading...
How much does an EV cost?
EV prices are on the way down, and this number does change drastically depending on how expensive your taste is when it comes to cars, but on average new car prices start at around £14,000, with the average luxury EV costing £72,000 brand new. However, if you go used (which we would recommend for an EV), you can easily pick one up for under £10,000. In fact, first-quarter data from Manheim Auctions showed an average trade price of £16,654 for a two- to four-year-old EV, compared with £18,063 for an equivalent diesel car – a 7.8% difference, so clearly there are savings to be made with EV's in the used market!
What is the average driving range of an EV?
EV's have a range of between 100 and 400 miles before needing to be recharged, but the average distance an electric car can travel on a single charge is now 236 miles. This is quite a lot, meaning any fears of range anxiety should realistically be quelled provided there is sufficient charging infrastructure in your area. If you want to be a little on the safe side, it might be best to go for a longer range option, specifically a car with a range of 300 miles or more.
How much does charging cost?
If you charge at home or at your workplace you will pay roughly 3p on average per mile as of this moment in time, if you only charge at public charge-points you will end up paying more - 17p on average per mile to be precise - but you will certainly still make a saving compared to filling up your petrol or diesel vehicle!
Is EV really green?
It depends on what you constitute as 'green'. Like anything that is manufactured, Co2 will be emitted in the process. The positive part comes when the vehicle is out of the factory and on the road, emitting 30-50% less Co2 when driven. Don't believe us? Take a look at what Transport & Environment have to say, you can even calculate what your average emissions will be using this link.
Are there any savings to be made by owning an EV?
Yes! Other than the cost of the vehicle, and the charging costs being lower than petrol/diesel there are still more ways to save with EV, here's how - Until 1 April 2025, pure electric cars are exempt from paying Vehicle Excise Duty (VED).
Additionally, until that date, zero-emission vehicles are not subject to the VED ‘expensive car supplement’ (currently, all cars with a list price above £40,000 incur a £355 supplement for five years from the second time a vehicle is taxed).
We can't help you with the car, but we can provide the charger! At great prices, you can now purchase one of our EV chargers for your home or workplace, allowing you to save massively on fuel costs while making the world a greener place. To find out what chargers we have available, please click the link below.
https://electricals-online-uk.myshopify.com/collections/ev-chargers