Should my next car be electric

21 November 2020

Should I buy an electric car?

8 of the best electric cars for small business leasing

With the UK moving to ban the sale of new petrol and diesel cars by 2030, many people are considering an electric powered car for their next vehicle. But with much of the population completely new to the world of electric cars, many people are questioning whether an electric vehicle is right for them. In this article, we will explore the pros and cons of electric cars so that you can make the right decision when it comes to buying your next car.

What are the benefits of choosing an electric car?
The benefits of electric cars are vast. This is evidenced by the ever-increasing numbers of people choosing to switch to electric vehicles. According to the Society of Motor Manufacturers and Traders (SMMT), pure-electric models are now accounting for 6.7% of new car registrations, with the figure rising to 10.5% when taking into account plug-in hybrid models. Here are some of the advantages of choosing to purchase an electric car: Zero emissions The most obvious benefit of choosing an electric car is the reduced impact to the environment. Electric cars do not product any emissions from an exhaust. The vehicle is powered by electricity which it uses to power the motor along with all associated electrical components such as lights and air conditioning. Buying incentives The government is currently offering a plug-in car grant of up to £3,000 off the purchase price of a brand-new electric car. This grant is expected to continue until at least 2023, reducing the cost of purchasing an electric vehicle. Long term savings One of the biggest appeals of switching to an electric vehicle is the fuel saving. It is estimated that the average person driving 8,000 miles per year could save up to £1,000 in fuel costs, along with the time spent refuelling (and those compulsory chocolate purchases that accompany a trip to the petrol station!) Electric cars also have fewer moving parts than cars with an engine, meaning that service requirements are significantly reduced. Most electric vehicles are also tax-free, increasing the savings even further.

What are the disadvantages of electric cars?
Despite the benefits, many people are still reluctant to purchase an electric vehicle. Here are some of the key disadvantages to switching to an electric car: Limited range The main worry that people have when purchasing an electric car is the range. You can’t be as spontaneous with an electric car as you can with a petrol or diesel car. You need to make sure it’s fully charged before setting off on a long journey, as well as planning for stops to charge your vehicle. However, the range of electric cars is significantly increasing with some models offering up to 300 miles from a single charge. For example, the Hyundai Kona Electric has an official rating of 279 miles. How many times a year do you drive more than 300 miles? Purchase price Electric cars are renowned for having a higher price point than their petrol- or diesel-powered relatives. However, prices are slowly decreasing as electric cars become more mainstream and the savings in fuel and tax make the purchase price slightly more palatable. Charging points A common worry when it comes to electric vehicles is that charging points are few and far between. However, this is a common misconception. There are now more electric charging points in the UK than there are fuel stations, with almost 36,000 charging points in around 13,000 locations. You’ll need to pay to use charging stations, but they are considerably cheaper than fuel. For example, Polar charges a membership fee of £7.85 per month for use of its 7,000 charging stations. 

Is an electric car right for me?
There are many pros of owning an electric car, but also many cons. It’s a personal decision whether an electric or hybrid vehicle could work for your individual circumstances. However, keep in mind that electric cars will soon become the norm when petrol and diesel cars cease to be manufactured in just under a decade. If you decide to sell your car to purchase an electric vehicle, Any Colour Car can help. We will buy any car for an honest and transparent cash price, making it easier for you to upgrade to an electric car. Contact us today for a no-obligation valuation.

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