Things to know before purchasing an electric vehicle
Most families put in a tremendous amount of planning and time before deciding which vehicle to purchase. However, the type of planning families need to do in preparation for a new electric vehicle may go a bit beyond a traditional search. From the charging network to battery life, there are many factors to consider before purchasing an electric vehicle.
Below is a few of those items:
RANGE: Similar to fitting your favorite pair of pants or shirt, you can find an EV that best fits your lifestyle. Ranges vary widely depending on the vehicle you are looking to purchase, and the budget you have to spend.
CHARGING INFRASTRUCTURE: Evaluate the charging infrastructure in your area; it will help with selecting an EV. If you need help finding a station with the intensity levels available, HendrickCars.com has you covered with our EV charging locater map. It is an easy-to-use resource for those doing their research, or just looking for nearest charging station.
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CHARGE SPEED: It is important to understand the different levels of charging that are available. Level 1 charging is the slowest, and commonly compared to standard household outlets. Level 2 chargers are fast and require a dedicated charging unit, while Level 3 (fast charging) is the quickest. Do your research though, as Level 3 compatibility is not universal.
BATTERY LIFE: Be sure to research the lifespan of EV batteries. Over time, batteries tend to degrade, which would affect the range of your vehicle. Educate yourself on the vehicle’s battery warranty, as well as current replacement costs.
PRICING: It’s important to research the pricing and available incentives, rebates and tax credits that are available for the EVs you desire. Sales events such as Hendrick Automotive Group’s “No Payments for 90 Days” could open up a variety of different options for you and your family.
TOTAL COST OF OWNERSHIP: Consider the long-range costs, including the difference between charging and fuel, overall maintenance and the potential savings of repairs. With fewer moving parts in an EV, maintenance costs tend to be lower for electric vehicles.
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HOME CHARGING: If you plan to charge at home, assess whether your home’s electrical system can support an EV charger. While the convenience is unparalleled for daily use, you may need to invest in an upgraded charging station that best suits your home’s needs.
PUBLIC CHARGING: When you are researching the EV charging infrastructure, take a look at which stations offer subscription based services, allowing for easier access. You may also want to research the optimal charging times for the infrastructure area you are researching.
ENVIRONMENTAL IMPACT: Understand the environmental benefits that each vehicle provides, while being conscious of the impact battery production and disposal process as well.
DRIVING HABITS: Analyze your traditional driving habits. If you mostly drive short distances and have access to charging infrastructure, an all-electric vehicle might be a good fit for you and your family. If you are looking to drive longer ranges, purchasing a plug-in hybrid or an extended range electric vehicle may be a better near-term option.
MAINTENANCE AND REPAIRS: Research the maintenance important steps in understanding which model will best suit your needs. While EVs generally require less maintenance, they still require upkeep and care.
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WARRANTY COVERAGE: Understand the warranty coverage of the EV you are researching, specifically when it comes to the battery and drivetrain. Make sure you understand the terms and how long it lasts.
TEST DRIVE: Always take an EV out for a test drive prior to purchasing -- especially if you have never done it before. Pay attention to factors such as acceleration, regenerative braking and noise levels. Driving an EV can be a different experience if you are not familiar.
RESIDENTIAL CHARGING: If you plan to charge at home, consider the installation costs of a Level 2 charger and any needed electrical upgrades. Also, check with your local municipality for any rules governing home charging.
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