Like it or not electric cars are the future, these vehicles are developing at such a rate that they are exceeding the performance of their combustion predecessors with staggering 0-60mph rates and longer run rate these vehicles are true rivals to what we know today.

There are a lot of questions surrounding electric vehicles and yes we will have to adjust our driving habits to make this feasible but here are some common myths about them to make your car buying a breeze.

Myth 1: Electric cars don’t retain their value

Myth? Yes.

This is difficult to track as they haven’t been around all that long, however, early indications are advising the depreciation is around 31%-51% compared to their combustion rivals that depreciate on average between 32%-60%.

Based on top 10 selling vehicles

Myth 2: The battery doesn’t last and will need replacing every few years

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Yes, the battery reduces in efficiency, however statistically a battery has 80% of the usage still available after 5 years

Myth 3: Electric vehicles are only good for short journey’s

Wrong, new models coming out now can have battery ranges over 300 miles! And with the new fast-charging ports you won’t have to wait to long to re-gain full charge.

Myth 4: Electric cars are slow

Myth. Electric cars can accelerate quicker than most combustion engines with most electric cars going from 0-60mph in under 8 seconds. The tesla has a staggering top speed of 155mph!

Myth 5: All car batteries are leased so you never fully own the vehicle

When electric cars started out, Renault and Nissan both sold them with a leased battery to appease customers who were concerned they would have to replace the battery frequently.

Now, we are more knowledgeable we know that this option was not cost-effective (as the batteries lasted) so most new cars come with the battery included.

How do I maintain my EV?

Myth – electric cars can accelerate quicker than most combustion engines with most electric cars going from 0-60mph in under 8 seconds. The tesla has a staggering top speed of 155mph!

Are EV’s expensive?

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Manufacturers like Nissan, Renault and Hyundai are now producing much more affordable options like Nissan Leaf and Renault Zoe! You can also get great deals on used vehicles making EV vehicles a viable option.

 

Go Electric Today

At Creditplus, we provide flexible finance packages for a wide range of electric vehicles from hybrids BEVs and PHEVs. And with the climate emergency becoming ever more urgent, reducing your emissions has never been so important. Apply today to discuss your electric car finance options with a friendly customer consultant.

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