Do you find yourself shocked every time you go to fill up your car? You are not alone if so, especially with so many other costs increasing right now. Rising fuel prices by a staggering 50% over the last year and this shows no sign of coming down anytime soon. So, what can be done about this? Many motorists are finding that switching to an electric car is a smart option that allows them to make huge long-term savings.
No Fuel
It is true that the cost of an electric car is usually higher than a traditional petrol or diesel vehicle. Despite this, you can make huge savings by making the switch because you no longer have to worry about the rising cost of fuel. In addition to this, you should find that electric cars are more affordable to repair and maintain. This makes electric cars a third cheaper than petrol cars and they are becoming more affordable too.
Value
It is also important to look ahead to the future and it is clear that electric cars are the future. In addition to the 2030 ban on the sale of new petrol and diesel cars, it is thought that these vehicles will be cheaper to manufacture than fossil-fuelled vehicles by 2027, which will put them in a position to dominate and lead to the slow down of production of non-electric cars.
In the coming years, you will also find that electric cars will become more common in the used car market as motorists that have already switched look to make an upgrade to a more modern electric car, such as the new Astra. This will make switching much more affordable for those that are put off by the price of a new electric car.
Cleaner Emissions
Electric vehicles have brought CO2 emissions of new cars to the lowest level ever in the UK. In a time when environmental damage is such a major topic, this is a fantastic way for people to reduce their environmental impact. There are financial benefits to this as well as this means that you can avoid paying road tax when you switch to an electric vehicle. Not only this, but you can benefit from a government grant of up to £1,500 for new electric cars to help manage the upfront cost and to incentivise motorists to make the switch so that the government can hit key clean air targets.
As you can see, now could be the perfect time to make the switch to an electric car. Many people have been toying with the idea of switching in recent times, so the shocking jump in the cost of fuel combined with the general rising cost of living means that now is a smart time to make the switch.