How Long Does It Take for Electric Cars to Pay for Themselves?

24 Dec 2022 | Abstracted from NASDAQ

"Over three years, the Ford F-150 Lightning costs about $3,000 less to own and operate than the traditional F-150...[the] Lightning would pay for its premium without the EV tax credit in about seven years...would pay for itself in the first two or three years with the [$7500 tax] credit.

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