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How does buying an electric car save you money?

I’m considering buying an electric car, but the sticker price is high. I’m wondering how getting an electric car can save me money.

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Serena Aburahma · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
It’s great that you’re thinking about getting an electric car, they’re an excellent way to
save money
! In the long run, an electric car saves you money by being cheaper to maintain and “fuel up”.
With fuel prices constantly fluctuating it’s generally cheaper to charge an electric car. Many electric vehicle owners save hundreds of dollars yearly on fuel alone. Electric cars also have fewer parts to service so they tend to be cheaper to maintain.
So you might not immediately save money on an electric car, but in the long run it will cost you less.
While electric cars do save you money in the long run, you can begin saving money on auto insurance now by comparing auto insurance rates. But comparison shopping is a pain with all the phone calls and paperwork.
So, what if there was an app that could do it for you?
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More: Nissan Announces 17.6 Billion Investment into Electric Vehicles
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