Are Electric Cars Cheaper To Run?

Post date: 23-Apr-2020 12:19:59

hey guys now in this article we're gonna try and find out exactly how much it costs to run an electric car I have done nearly 47,000 miles over the last just over three years I'm according things like fuel maintenance tires brakes that sort of thing as well as insurance so how much do you think an electric car actually cost to run in the real world [Music] now just to clarify this video is about running costs not purchase price I will always get comments from people saying that electric cars are super expensive so it doesn't matter how much they cost of run you don't need to put that okay this is about the run it costs only electric cars are a lot cheaper than most people think.

and just for clarity's sick I will tell you how much I have spent on this car and its predecessor. we'll start off with the biggest cost to any car driver whether it's gas or electric and that is fuel to do that I'm gonna have to go in the garage to look at the home charge meter see how much it's actually used and then I'll go upstairs so can crunch some numbers now just look there if they saw the box up here was put in when the home charger was first installed which means it's gonna tell me exactly how much I have used charge in my car at home well of course and rapid charging and external costs later on but according to this I have used twelve thousand two hundred and seventeen kWh of energy charging mine.

care for possible just over three and a bit years and forty seven that was miles there we go twelve thousand two hundred seventeen point two well I finally got my daughter down so I can do some calculations as we just saw I've used twelve thousand two hundred and seventeen key levels of energy but there is external rapid charging cost two out to all this of course that I am putting out a hundred dollars per year so three hundred dollars over the three years I've earned the EV in reality it's about thirty odd dollars a year spend in external charging costs because most of them are on free event but I'm going to assign a much larger comparison costs just to make it a little bit fairer but to figure it out absolutely cost me because I'm on specific tariffs I'm gonna give you two prices one for the average UK cents per kilo hour and one for how much it's actually costing me because I've been on two different tariffs over the last three years okay so twelve thousand two hundred seventy two hours on the terrace.

I've used including the three hundred dollars for the external record charging costs as cost me one thousand two hundred and thirty-six dollars fifty six and that is over 47,000 miles 1236 dollars over 47,000 miles in fuel costs that's ridiculous now what would that for 7,000 months have cost you if you were just on a standard tariff and you were a moron and never change your electricity or gas Terrace it would come out including the external charges at two thousand and fifty five dollars for the whole 47,000 miles just look at the difference is a near 800 dollar difference over the last three years for me and that's just my change in the tariff on so this just highlights why it's worth not being on guts and just leaving it to run on shop around I said what would that cost in fuel on a normal car the average US gas prices apparently dollar 29.7 cents.

I'm gonna assume an average of 50 months that gallon which women but this is over the whole 47,000 miles or the entire life of the car not what it can do on a long run not what you can do when you go down south and back or whatever what he does over the entire life of the car when you're going to the shops and back when you suddenly drive idling the whole thing 15 months ago then won't dollar twenty nine point seven cents holy crap to over 47,000 miles it would cost you five thousand five hundred forty two dollars in gas five and a half dollars so what's cost me twelve into thirty-six dollars what costs gas guy five and a half dollars just or a five and a friend even its standard UK electric prices you're looking at just over two dollars this is just over five and a half dollars that's a huge saving holy crap so what's that if we every jumper 10,000 miles.

right sure if you use my figures I am saving nine hundred and seventeen dollars per 10,000 miles I'd have an EV instead of a gas car if you use the average prices again of electricity then you would save seven hundred and forty-two dollars for every 10,000 miles you do in the electric car versus the gas car so I say this completely depends on how many you do but if you do 10,000 miles per year for example and you look at what tariff you're on and you be savvy on that side you'll save almost a thousand dollars a year in fuel costs alone by having an electric car compared to a cow that was 50 miles per gallon over its entire life obviously I'll go up if your car does less than 50 miles a gallon and vice versa right now let's get on to mittens now obviously I have a Nissan Leaf so I'm going to use Nissan as a comparison but this is pretty much the same sort of thinking.

it with any manufacturer electric cars are cheaper to service no no some have basically at one price for gas one price for diesel one price for electric cars for their minor and major services for a minor service you're looking at 200 dollars for gas children 20 dollars for diesel and 150 dollars for an Ev for a major service because they alternate story minor and major witness on it's 269 dollars for gas 324 diesels and 200 for electric cars.

so if we assume the cheaper gas rather than diesel models you saving 70 dollars per service on a major and fifty dollar per service on a minor that is a fair bit higher if you have the diesel cap so on average you saving 60 70 80 dollars per year in servicing costs with an Ev or at least in the sunny v versus and Nisan gas please look at another site being W Kia all those they tend to follow the same sort of pattern the EV servicing is a lot cheaper now insurance this is a bit of a weird one in my experience in the last three years that we found an Ev it made no difference at all.

whether we got an electric car or a gas car of a similar age price and type I've done a few test course online and it's basically the same price for my leaf as it is for a golf or a 4-course or something like that although I think I've got to like age where everything's pretty much the same price no matter why I get now I do get two comments from people every now and then or tweets saying that their insurance price has gone up quite a bit when they switch to electric car but when you delve into it I think the majority of pea experience that either never shop around or going from there like a six-year-old golf diesel to a brand new electric car that's worth significantly more so make sure you do proper comparison there's no point in comparing the two thousand dollar car this is a 25 dollars car it's the very different things the fact that it's electric doesn't seem to make any difference to me and various other people I know the woman they would like for my comparison don't compare your old calf to a brand-new 30 dollars electric one.

and say well it's gone up of course it's gone up it's a much more expensive car tax now of course it depends on gas and diesel care buying but at the moment given the new tax regime in the US it's still zero for electric full electric cars for everything else is 240 dollars unless of course that carries worth more than 40,000 dollars then you'll be paying that extra there so even Tesla's which a full electric will be paying I think it's something like 380 dollars for the first five years.

of its life just because of the purchase price but in like flint comparisons to something like a leaf you're looking at zero tax for a leaf or a Zoe or an i3 versus a hundred forty dollars for a standard car so it's not huge saving but that's another 105 dollars a year that you aren't saving there at the onto the seventy eighty dollar servicing costs and seven eight nine hundred dollars depending how many miles you do you're looking at anywhere from 800 dollars to 1,500 dollars giving you mileage variations per year I guess it's also worth mentioning the longer-term stuff like Campbell's oh no no I have a car house one I've had calves in the past whereabouts been 450 to 600 dollars on usually when it gets to four years old.

on a cam belt change none of that with an EV so I'm not going to include that in these figures all totally not seen yet to know that see if it's a big one in that case and that you have with an electric car earlier on I said I was going to tell you how much I paid for the two Leafs I've had the first one was three big years ago now officer was a 24 kilowatt hour class that was out at the time and his center and that cost me 200 dollars per month with the 500 dollars deposit was effectively at least even though it wasn't ELISA our treat is such and then after a year in a bit that was exchanged for the 30 kilowatt hour that was all your battery lease you know that was everything the whole cost of the car was basically 2,400 dollars for the year plus the 500 of course fought the deposits nearly three dollars it cost me for just over eight years EV.

motoring am I saved about them figures nearly 1,800 dollars in costs and fuel and over so vesicle driving around in a brand new car for 1,200 dollars for one year and that's everything including depreciation now the vertical our leaf which we have literally just paired off the PCP balloon payment for so it's a cap now the total price for that and I've got paperwork here fifteen thousand six hundred and fifty dollars that's everything interest payments what it was 0% interest but ultimately I mean the lot fifteen and a half dollars just over battery and all there's no lease on that one and that was for a thicker our Center I don't know about 15 F dollars.

I would say for the car which is an equivalent to a focus or a golfing size terms you know it's a family care I think it's fairly average and probably a lot cheaper than most people are thinking right now especially the naysayers out there not saying it's cheap cheap is relative to whoever's buying the car but I need enough miles to save me at least 1500 dollars a year and in fuel alone so the longer I keep that car come on I've saved help when I think about it at 1,500 dollars a year.

if I keep that kind of 10 years I've paid for the Camry fuels if it's know what yes I know this will not so every one electric car stop so everyone nod up some wall mention the range of the golf is a lot better than the moon but the whole point of this video was just to prove and these actual figures from me over the last three years and 47,000 miles this is how much actually costs and house cost if you get an e V you do five thousand miles of course he said things are gonna be a bit less because fuel is probably the biggest cost for most people anywhere and when buying a can so they were got if you're thinking about buy an electric car the savings are undeniable no one can argue with that five and half dollars in fuel over the fire seven thousand mile miles I've done as opposed to twelve hundred three and a half thousand dollar savings over three years in gas costs alone.

and to answer the inevitable well you need to replace the batteries every three years at cost of five thousand dollars I can hear people tackling that now the Karen I've got now comes with an 8 year 100,000 mile warranty on the battery batteries wait longer than even manufacturers of thoughts or just scrap that coin now it doesn't exist it came from the Top Gear episode which was very funny from 2011 I think and it's just not true so there we have it I'm not sure if this is going to be of any use to anyone but if you're looking at a TV hopefully this will give you a rough idea on what you can save in ruining costs how much you pay if the kind is completely up to you.