If you’re on the search for an electric vehicle, look no further than Patriot Auto Group. We’re excited to help drivers transition to alternative energy driving, which is why we carry a wide inventory of hybrid and EV models. It’s also why we’re sharing information, answers, and resources on EV ownership.
EV Value at a Glance
There are many benefits to purchasing an alternative energy vehicle, like big savings thanks to federal subsidies and incentives. But do electric vehicles retain their value?
The truth is that all vehicles lose some value over time in a process known as depreciation. This is particularly true for EVs, which have a more complex powertrain system and may lose value slightly faster than internal combustion engine cars. However, since EVs are a relatively new addition to the automotive market, there’s a lot we still need to learn about how they retain their value.
And don’t worry. Even if they lose their value over time, you’ll still save big on EV ownership in many different ways, including some of the following.
Fuel Costs
One of the best reasons to purchase an EV is the reduced dependency on fuel. With an electric vehicle, you’ll save significant money at the pump, since your vehicle needs to be charged rather than filled. With the price of gasoline always in flux, it can be very helpful and financially savvy to find a fuel alternative.
Maintenance and Service
Here at Patriot Auto Group, we offer auto service you can rely on. But in an EV, you’ll simply need less of that service. Electric vehicles don’t have internal combustion engines, which means they need fewer fill-ups and services, so you’ll save on routine service tasks and part replacements, as well.
When it comes to the benefits of EV ownership, look no further than Patriot Auto Group. We’ll help you find the perfect EV model and protect and maintain it for a long time to come. Begin enjoying big savings with your EV from Patriot Auto Group today.
