Electric cars are becoming more and more popular as people are focusing on rising gas prices and going green. While there is no doubt that electric cars are better for the environment than traditional cars and just overall brilliant concepts, they aren’t necessarily the most practical choice. In fact, they can be a downright horrible investment. The five predominant reasons the average car buyer should avoid an electric car include:
If you think that you just have to have one of the growing number of electric cars on the market, then you better get in line. Not only is there a long waiting list for these cars, but the wait lists can be so long, as is the case with Tesla, that you can expect to wait upwards of two years for a car. So much for driving a brand new car off the lot. By the time you actually get the car you ordered, a better model may have been introduced by someone else.
Electric cars advertise themselves as environmentally friendly and wallet friendly due to the lack of gas you will have to purchase over the life of the car. Unfortunately, there sticker price is so high that you will be using title loans just to afford your monthly payments. A Volt has a price tag of $40,000. For a mid-size sedan that is ridiculous. Tesla’s are even higher at $100,000. Even better is that an electric car costs between $2 and $4 a day to charge, and most with gas options will only take premium.
If you don’t like to think about how many miles you have left or how long you are going to have to charge your car so you can get from point A to point B, then you’re going to want to avoid an electric car. With a traditional car, gas is your only concern. With an electric you are constantly figuring out how many miles you have until your electricity switches to gas, or, if you own a Tesla, until you are just out of juice.
The Limited Service Options
One of the great things about owning a traditional vehicle is that you can pit repairmen against each other when your car needs to be serviced. You can shop around for the best deal and town, and stick with someone you trust. With electric cars, there just aren’t that many mechanics who know how to deal with them which puts you in direct line to pay way more for your servicing, and you are going to have to go with whoever is available – even if they seem like a sleaze.
While some of the more hybrid styled electric cars can charge in four hours, those that are purely electric can take upwards of 8 to reach a full charge. While this is easy for the everyday commute, as all you have to do is plug it in when you head to bed, it can be a downright nightmare if you intend to do any long-term driving. A cross country drive could easily turn from a 3 day affair to a week-long debacle.
We all want to work towards creating a greener tomorrow, but putting yourself thousands of dollars in debt isn’t the way to do it. Once electric cars become a bit more available, we may see a reasonable price drop and more available mechanics, but until then, it is best just to avoid them.
This is a guest post