“I really do encourage other manufacturers to bring electric cars to market. It’s a good thing, and they need to bring it to market and keep iterating and improving and make better and better electric cars, and that’s what going to result in humanity achieving a sustainable transport future. I wish it was growing faster than it is.” – Elon Musk
Electric vehicles are slowly becoming the SUV of our decade. They are the trendy and fashionable choice of families who see the long term value, as well as the celebrities who are on a crusade to save the earth. However, not everyone is sold yet.
Natural gas and oil remain a staple of the world economy, and that will not change for a long time. Being that CNBC reported that Electric Vehicles can lower oil demand to equal Iran’s output by 2025, it is safe to save Big Oil isn’t a big fan of them. The United States government isn’t even proactively going out on a limb to promote electric cars. The tax credit for buyers begins to phase out once a manufacturer sells 200,000 electric vehicles. Being that there are roughly 253 MILLION cars and trucks on the road in the US, the tax credit will dry up eventually.
The car industry is no different than many other parts of your life experience, and for this exercise, we’ll liken it to the food industry. Did you ever notice that the food experts tell you is healthy for you is MORE EXPENSIVE than fast food? There is an entire economy that thrives off the unhealthy food we eat. Same for vehicles – America’s consumption of fossil fuels is greatly fueled by cars that are not good for our environment.
Why to Buy Electric Cars!
The good news is we have 7 Reasons it is prudent for you to purchase an Electric Car.
1 – You are Saving Mother Earth.
This one is obvious, as most scientists agree that green house gasses that are caused by the use of fossil fuels are hurting the ozone layer and contributing to global warming, and I am sure you are well-versed on what rising earth temperatures can cause. As mentioned above, CNBC reported that if electric cars only make up one third of the market by 2040, it could knock out 9 billion barrels a day of oil demand. Buy an electric car and the planet will thank you.
2 – You are Saving At The Pump.
Lets take the 2017 Honda lineup into consideration here. The 2017 Honda Accord Hybrid has an combined city and highway fuel economy of 48 miles per gallon. The 2017 Honda Accord gets roughly 30 miles per gallon. Doing the math for you, at roughly 30 miles per gallon, driving 50 miles per day, you spending about $4.00 a day on gas. At 48 MPG, you will spend $2.60 a day on gas. You are instantly giving yourself a $500 a year raise, while saving the planet! In addition, if you are looking to save money on repairs, electric cars are no different than gas cars when it comes to putting extended warranty protection on it.
3 – You Have Less Parts To Maintain.
Electric cars do not need to be serviced as much. Under the hood, you’ll notice the electric car does not have an exhaust system, a starter motor, a fuel injection system, or a radiator. It is said the battery probably needs to be replaced only every 8 years. If you are keeping your car long term, those are 4 big parts that you are not going to have to worry about keeping on top of to keep your car running.
4 – You’ll feel Safe At the Inspection Station.
Electric cars do not have any emissions. With no emissions, it is impossible for your local vehicle inspector to fail your car for a faulty emissions system. That is one of the biggest fears you can have when you get your car inspected, because the cost on fixing that to get your car legally back on the road easily surpasses any other small fix, like a faulty wiper blade, or an obstruction on your car window.
5 – Uncle Sam Will Help Out(For Now).
As I explained above, the IRS is phasing out the tax break you can receive by purchasing an electric vehicle. The good news is that there still is a tax break, and you can take advantage. If you purchase a 2017 Chevrolet Volt, you will receive a $7,500 credit. A 2016 Hyundia Sonata Plug-In Hybrid will fetch you nearly $5000 on your tax return according to www.fueleconomy.gov. The US Department of Energy has a full listing that can help you see which car gets the biggest credit. In addition, some states offer additional credits, like Colorado. Coloradian’s will receive an additional $5000 on top of the Federal Government’s tax credit.
6 – Keep Your Kid’s Sleeping and Your Family Happy.
Say it is a cold, brisk December morning, and you take your shower, brush your teeth, your coffee is hot, and you’ve added the milk and sugar. You walk down your steps, enter your garage, which is located right below your 1 year old’s bedroom. Your place your key in the ignition, turn it clockwise, and boom, the engine revs up. 15 feet above you, your 1 year old is startled, woken unexpectedly from his slumber, and is not happy. As you drive off to work, your cell phone rings, you hit your blue tooth button and answer, and its your spouse. Your spouse is venting how an angry baby is on the prowl. Frustrated, you distractedly fumble your coffee cup and it spills all over your nice new clothes you purchased at the mall this past weekend. Your day starts off badly. Now while this is a tad bit dramatic, it is very possible small children can be woken up by loud engines. If you have an electric car, your engine is quiet, and won’t wake up your baby!
7 – You Still Have Many Safety Features.
After a Chevrolet Volt caught fire nearly a month after completing a National Highway Traffic Safety Administration test, electric cars became a controversial topic, both politically, and in the news. The NHTSA ultimately ruled the fire was not due to the design of the vehicle, however the damage was done. While electric cars are fairly new, and safety issues can always arise, there are a few features that can make you comfortable driving your new electric car. Advanced battery management systems alert the driver, and even shut down the battery if an issue arises. Batteries are shielded by firewalls that dramatically cut the chance of a fire spreading. Electric Car Batteries are also quite heavy, which make the vehicle more sturdy in the event of an accident, as well as prevent rollovers, which is a major safety advantage.
Is an electric car for you? That is for you to decide. Eventually, electric cars will grow into an extremely large part of the automotive industry’s future. An electric car can save you money, save the earth, save your sanity, and save your life. Make sure you add those points to the bottom line when you are purchasing your next vehicle.