
Purchasing an electric vehicle (EV) is often viewed as a way to save money. While it is possible to save up to $8 per 100 miles driven, according to the New York Times, numerous factors impact that savings, such as where you live and charging options.
Americans must also consider maintenance costs when shopping for an EV. While repair and maintenance costs can be as little as half those of a gas-powered car, according to Kelley Blue Book (KKB) — because EVs have fewer moving parts, they still can experience their share of costly maintenance woes.