If you're looking for a new vehicle, you might be asking yourself "Is an EV right for me?" Purchasing a new car requires thorough research, especially if you're considering an EV after driving traditional gas-powered models up until now. To help you make this important decision and find the car of your dreams, we've compiled a list of the benefits of buying an EV as well as some of the considerations we recommend before driving off the lot.
Read on to decide if buying an EV is right for you and uncover some surprising discounts that might help you make the switch.
3 Benefits of Buying an EV
Whether you're looking to reduce your carbon footprint or keep more cash in your wallet by spending less at the pump, you've probably heard a few things about owning an EV that seem too good to be true. At Sunset Cadillac of Venice, we want to make sure you have all the facts so we did the research for you. Here are a few benefits to consider:
Minimal Maintenance
If you're concerned about EV maintenance costs, we have great news. EVs contain fewer moving parts than traditional gas-powered vehicles, which reduces the likelihood of mechanical mishaps and decreases your trips to the mechanic. Of course, there are still preventative maintenance measures you can take to increase the longevity of your EV. Make sure you routinely inspect your tires and brakes as the regenerative braking feature implemented on most EVs can cause uneven wear and tear.
Another common maintenance concern is how expensive EV batteries are to replace. Many EVs have excellent warranties. As you conduct your research, look into the expected battery lifespan for your desired make and model, or reach out to our team at Sunset Cadillac of Venice and we'll provide all the information you need regarding warranties.
Reduced Carbon Footprint
Electric vehicles are touted as being cleaner, more efficient, and easier on the environment, but have you ever wondered just how much of a difference switching to an EV makes? While the initial power plant emissions generated when manufacturing EVs may be higher than traditional gasoline vehicles, the United States Environmental Protection Agency (EPA) confirms that EVs leave a smaller carbon footprint in the long run because they don't produce tailpipe emissions.
Increased Savings
A 2020 Consumer Reports study revealed driving an EV saves drivers about 60% on fuel costs compared to driving a gas-powered vehicle. And if spending less money (and time) at the pump isn't enough of an incentive for you to get behind the wheel of a Cadillac EV, consider the resale value.
With a longer lifespan, minimal maintenance, and improved efficiency, EVs hold more of their value than traditional gas vehicles. This means when it's time to upgrade to the latest car of your dreams a few years down the road, you'll have a valuable vehicle to trade in or sell, making investing in an EV a smart financial decision all around.
Does an EV Fit Your Lifestyle?
Purchasing a new vehicle is a big decision. A few considerations before buying an EV that can help you determine if the Cadillac LYRIQ or a similar energy-efficient vehicle fits your lifestyle:
- How you drive: If you spend most of your time driving around in the city or suburbs, then purchasing an EV might seem like an obvious choice when comparing fuel economy ratings. If you frequently take the highway to get to work or across town, be aware that gas-powered cars tend to perform better in these situations.
- Where you live: According to the EPA, there are over 51,000 EV charging stations in the U.S., but if you live in a rural area, you might still have some concerns. To see how many charging stations are available in your area, check out the DOE's Alternative Fuel Data Center.
- How far you travel: At approximately 200 miles, the average range of a fully charged EV is more than enough to cover most people's day-to-day driving. If you travel farther for work or enjoy frequent road trips, you can research the specific range estimates for different EVs by using the EPA's Find a Car tool.
It's also worth noting that you can charge your EV using the same electrical outlet you use for many household appliances. Upgrading to an at-home charging system or a dedicated 240 Volt (Level 2) outlet will get you back on the road faster.
Incentives to Purchase EVs in Venice, FL
Now that you know about the many benefits that come with owning an EV, you might be wondering what types of financial incentives there are to make purchasing your dream car easier on your wallet. At Sunset Cadillac of Venice, we frequently offer specials on all the latest makes and models, including the 2024 All-Electric Cadillac LYRIQ. Plus, once you bring your new vehicle home, you'll be eligible for additional rebates on parts, services, and upgrades. We'll even throw in free car washes for life and roadside assistance.
On top of these great offers, you might be eligible for a tax credit on your EV purchase. Some new makes and models are eligible for a $7,500 tax credit through the government and pre-owned EVs could get you up to $4,000 thanks to a new tax credit through the IRS.
Is an EV Right for You?
Find out by stopping in for a test drive at Sunset Cadillac of Venice in Florida or browse our wide selection of electric vehicles online. With a wide variety of new and pre-owned Certified Cadillacs to choose from, we're sure you'll find something you love. Once you find the perfect vehicle for your lifestyle and budget, simply fill out a finance application online and we'll get you pre-approved before you even set foot in our showroom. It's just one of the ways we make buying your dream car easy.
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