Reasons to purchase an all-electric vehicle in 2022
Reasons to purchase an all-electric vehicle in 2022
Posted on June 8, 2022
If you are unsure whether to purchase a hybrid or electric vehicle, you are in the correct place.
We are going to provide you with the knowledge you need to make a properly informed purchase decision; nevertheless, keep in mind that there are no right or wrong answers because everyone's driving demands are unique and require a customized solution.
Arguments for driving a hybrid
There are strong reasons to drive a hybrid instead of an electric vehicle in Canada, but this list will become shorter as electric vehicle production scales up. Hybrids offer several distinct benefits.
The hybrid provides electric driving within city boundaries; typically, fifty to 100 kilometers or so are driven purely by electric power. Once the batteries are exhausted, the gas-powered engine kicks in to recharge them while the vehicle is traveling at highway speeds.
This increases your range, especially in regions of Canada where charging facilities are scarce.
Hybrids have fuel-efficient engines, but they still require gasoline to operate. As gasoline prices continue to rise, the cost of operating a hybrid will increase over time.
This is the key reason to acquire a hybrid if you reside in a remote area of Canada where there are no charging facilities.
Another less obvious factor is the hybrid's somewhat cheaper asking price compared to an EV.
While the initial cost of a hybrid may be lower than that of an EV, the cost of gasoline and maintenance will negate any perceived savings and end up costing more.
Advantages of driving an electric vehicle
We discussed the reasons why some Canadians will purchase a hybrid, but we should now move our attention to the long-term advantages of purchasing an EV.
The typical length of a car loan in Canada is slightly over 76 months. During the life of your loan, fuel prices will skyrocket, forcing you to choose between driving less or dipping deeper into your pocket.
During the pandemic, most of us were able to work at home, but upon returning to the workplace, most Canadians are unable to reduce their daily driving.
By acquiring an EV today, you would be able to lock in your gasoline costs, making it easier to budget, but the benefits go far beyond.
The automobile industry is undergoing a massive transformation in terms of how vehicles are powered.
Due to the simplicity of electric motors, there are fewer moving parts, which reduces the danger of malfunctions if you get a vehicle from a reputable manufacturer such as Jeep.
There are numerous compelling reasons to make the switch now, but don't take our word for it; instead, visit your local vehicle dealership and test drive the EVs in stock.
You will be thrilled with the overall driving experience; the dealership's personnel will get you accepted for an EV auto loan even if you have poor credit.
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