As much as I love testing out all of the best electric cars on the market, there’s still one thing that makes a lot of people (myself included) hesitant about buying one — their cost. EVs are obnoxiously expensive and I often argue how hybrids and PHEVs are better alternatives.
For the past year now, I’ve been debating on what car I should buy next, but it doesn’t help when the average EV costs $56,910 according to the latest data from Kelly Blue Book. I was curious to know how much I’d have to pay if I were to finance that cost, which this auto loan calculator determines to be about $1,016/month for 60 months.
