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Subject:  The economics of EVs Date:  10/25/2020  12:31 PM
Author:  PucksFool Number:  74342 of 74418

How much you can save with an EV

Sticker shock is a common occurrence when shopping for an electric vehicle, since EVs can cost anywhere from 10% to over 40% more than similar gas-powered models.

But based on Consumer Reports’ findings, the long-term ownership costs of an EV are $6,000 to $10,000 less than a vehicle with an internal combustion engine.

These are the areas where you’ll see the biggest savings:

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