Why Should I Buy An Electric Car and Do They Save Money?

Chicago Tribune answers both questions on eve of Chicago Auto Show

Published: 03-Feb-2013

Do Electric Cars Save Money

Buying an all-electric car is likely to get less expensive. For 2013, Nissan has cut the price of its pure-electric Leaf by several thousand dollars, from $35,200 for the 2012 model to $28,800 for the 2013 Leaf.

After the initial cash outlay for an EV purchase, driving an electric car is certainly more cost effective. The Leaf's range is estimated to be 73 miles. Let's assume you use up every mile of that range, Plug In America estimates it’ll cost you $2 to $4 to bring the Leaf back to a full charge.

In a regular gasoline vehicle that gets 30 mpg, assuming gas prices hold steady at the Illinois average of $3.46 per gallon, it’ll cost you $8.44 to replace the gas used in 73 miles of driving. Think your car gets 40 miles per gallon? It’ll still cost you $6.32 to refuel.

Why Should I Buy an Electric Car?


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