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For vans the amount is up to 20 up to a maximum of 8000.
Cost of electric cars. For example the countrys most popular electric vehicle the nissan leaf is about 4000 more after the electric car tax credit than the honda civic one of the countrys most widely used compact cars. However the plug in car and plug in van grants subsidise the purchase of eligible cars currently up to a maximum of 3000 for pure electric cars. Before revealing the final tally of how much money you can save with an electric car heres an important way you can save big on the purchase of a new environmentally friendly vehicle. So how else do electric cars save money.
Electric vehicles evs have existed since the dawn of motoring but in recent years interest in them has really taken off. Electric cars registered before april 2017 wont pay any car tax but due to a new list price rule any registered after april 2017 could incur a 310 yearly charge if they cost over 40000 to buy upfront 11. Environmental concerns political pressure and taxation incentives are all playing a part in leading people towards them and that is why its expected that 120000 new electric cars will be sold in the uk in 2020. In fact most of the cars on our list have an msrp between 30000 and 40000.
Eu electric car producers got a fresh lease on life last week as the european. The exception to this trend is in the tesla model s vs. In general electric vehicles are more expensive to buy than their petrol or diesel equivalents. A study of the consumer federation of america found that in the united states alone interest in the purchase of evs rose from 31 percent in 2015 to 36 percent in 2016.
What does it cost to drive electric. As in real cash money day in and day out. This is only expected to go up as states around the world provide subsidies for the purchase of electric cars. Aside from ever expanding model line ups longer ranges widening infrastructure and impressive performance.
Owning an electric car in this day and age is becoming increasingly easy to justify. However the electric car revolution is already here. The cost of buying an electric car. Its important to note that cars using battery power alone qualify for a federal electric vehicle tax credit of 7500.
Weve searched through our rankings to find every battery electric car with a starting price thats less than 50000.
