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How much does it cost each year to service an electric car?
I want to save money on fuel by driving an electric car, but I’m worried that the cost of repairs might outweigh the money saved on gas. How much does it typically cost to service an electric car?
Allison Stone · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
In general,
electric cars
might actually be even less expensive to repair over time than your traditional gas-powered car. While they may be more expensive upfront and have a few very expensive components, such as the rechargeable lithium-ion battery, many electric car owners report less money spent on
maintenance and repairs
over time. According to
AAA
, electric cars cost $330 less in repairs annually than gas-powered cars, an average of $949/year. The biggest ticket time you’ll ever have to service your electric car is the battery, which costs about $5,000 to $10,000 to replace. To ensure that your car is always taken care of, getting on the right
car insurance
is essential. Sign up with the Jerry
app today to find out if you’re getting the best deal on car insurance. Jerry is an app that acts as a licensed broker and does all the hard work of finding and comparing quotes from the top name-brand insurance companies so you don’t have to.
Jerry will even send you new quotes every time your policy comes up for renewal, so you’re always getting the coverage you want at the best price.
View full answer
- Gregory R.
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