How Much Do Electric Cars Save On Gas? A Look At Ford EVs
The transition to electric vehicles is gaining momentum as consumers seek more sustainable and affordable transportation options. The average fuel economy for gas vehicles varies between models as each model serves a different purpose for your daily commute. However, in the case of EVs, you’ll notice a spike in the amount of distance you can cover for less than the price you’d pay for gas. Ford has created a diverse range of hybrids and EVs that not only reduce carbon emissions, but also provide you with significant financial benefits. Crossroads Ford of Apex will delve into how much electric cars can save on gas compared to traditional gas-powered vehicles.
Charging Your Ford: What to Know
Charging an electric car is straightforward, with public charging stations becoming increasingly common. But when it comes to the kind of charging station you should use for your EV, you need to consider its charging capacity, make, model, and ideal charging level. There are a variety of charging options you should familiarize yourself with to see how much electric cars are saving on gas, including some Ford EV charging options. At the base level, three charging options are available: Level 1/Home Charging, Level 2, and Level 3/Fast Charging. We’ll explore each one individually. Level 1 is intended for longer charging periods and is commonly installed in homes. Public charging stations offer Level 2 and Level 3 options. Whether you desire to add a quick charge to your battery or you need it charged in a shorter time period, Level 2 and Level 3 are your best choices. The cost of public charging varies depending on the location and type of charger, but many stations offer competitive rates or even free charging to attract EV owners.
Ford also provides you with home charging options, allowing you to see how much electric cars save on gas if you decide to go with one of their electric models, including the Ford F-150 Lightning, the Ford Mustang Mach-E, and the Ford E-Transit. The Ford Charge Station Pro and the Ford Connected Charge Station are examples of Level 2 chargers that allow you to stay consistent with your manufacturer’s optimal method of reenergizing your ride.
How Much Money Do You Save With An Electric Car?
While the initial cost of purchasing an EV may be higher than a comparable gasoline-powered car, the long-term savings can offset this difference. The EV charging cost vs. gas is significantly reduced since you can fuel your ride from home, adding to your personal electric bill instead of going to a gas station and paying per gallon. The exact amount of how much electric cars save on gas will vary depending on factors such as local electricity rates, driving habits, and the efficiency of the EV model. On the other hand, the volatility of gas prices and rising costs can influence your decisions regarding vehicle purchases and fuel expenses, making EVs a more financially attractive option in your research to see how much electric cars save you on gas.
EV owners can also benefit from lower maintenance costs. Electric motors have fewer moving parts than internal combustion engines that gas-powered models possess, reducing the need for frequent repairs and replacements. Additionally, EVs typically require less routine maintenance, such as oil changes and tune-ups. These factors, as well as considerate driving habits, can result in significant savings over the vehicle’s lifetime.
Gas vs. Electric Cars Savings
To illustrate how much electric cars save on gas, let’s compare the Ford Mustang Mach-E to a similar gas car. Assuming an average driving distance of 15,000 miles per year and local electricity and gasoline prices, the Ford Mustang Mach-E could save thousands of dollars in fuel costs alone over a five-year period compared to a gas vehicle. Moreover, the reduced maintenance costs associated with the EV would further increase the overall savings compared to gas vehicles. This is so because when you consider the cost per mile, EV owners typically pay an average of $0.05 per mile, while gas-powered car drivers face an average cost of $0.13 per mile. This disparity highlights the economic advantage of EVs in terms of fuel efficiency. No matter what regional gas prices are in your area, you can see how much electric cars save on gas.
Electrify Your Next Ride
Ford electric vehicles offer a compelling combination of environmental benefits, technological advancements, and significant cost savings when considering how much electric cars save on gas. By eliminating gasoline costs and reducing maintenance expenses, EV owners can enjoy substantial financial benefits over the long term. As the availability and affordability of EVs continue to improve, it’s likely that they’ll become an increasingly popular choice for consumers seeking a sustainable and economical transportation solution. Start shopping for your EV by visiting Crossroads Ford of Apex today!
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