The Biggest Advantages of Electric Vehicles

Mar 26, 2019

Electric vehicles have been slow to catch on in Australia.

As of February 2019, it is estimated that there are still fewer than 10,000 electric vehicles registered across the country. By comparison, 2018 saw sales of electric cars pass the 1 million mark in Europe and the United States.

While there are some challenges related to electric vehicle ownership – setting up a charging station at home and planning longer journeys to name two – there are also many advantages that you can enjoy by making your next car purchase electric.

Let’s take a look at the biggest advantages you might be able to enjoy.

1. Running Costs are Much Cheaper

How much are you currently spending on refuelling your car?

An electric car runs on a third of the refuelling costs of a standard petrol vehicle. Think of what you could be funding with that saved money instead!

2. Charging At Your Convenience

Home charging points are a given with the purchase of electric cars. But what if you need to go further than a couple of hundred kilometres in one trip? Organisations such as the RAC and some councils are now installing charging stations to encourage drivers to purchase cleaner vehicles. With easy access to charging stations in most towns, owning an electrically powered vehicle is more convenient than ever before.

3. Maintenance Costs Are Also Much Cheaper

An electric vehicle has fewer moving parts in comparison to a regular petrol or diesel vehicle. A regular battery check is probably the most expensive maintenance cost you will incur over the life of the vehicle.

Driving an electric vehicle eliminates worrying about radiators, exhausts, catalytic converters, fuel injection and engine cooling systems, and lots of other elements that you might have spent thousands of dollars having serviced and repaired in the past.

Your maintenance costs will be lower even if you opt for a hybrid vehicle rather than a “full” electric vehicle. While a hybrid will have a petrol engine that requires regular servicing, it suffers less wear and tear than a regular car due to the presence of the electrical motor and battery.

1. Cheaper Running Costs

2. Convenient Charging

3. Fewer Maintenance Costs

Electric Cars Are Better For the Environment

Think less pollution, less noise, and less of a guilty conscience. What’s not to like?

Of course, this would all be pointless without the full commitment of car manufacturers to environmentally sustainable manufacturing methods. Ford and Nissan have recently committed to creating electric models with recycled materials to further reduce their carbon footprint.

The energy production method used for the electricity that you power your car with is also important. Using electricity harvested from fossil fuel powered electric plants is almost equivalent to driving a petrol vehicle. If you have a choice in your area, consider solar power or opting to source your energy with a utility company that offers green alternatives.

They’re Safer, Too!

A lower center of gravity reduces the likelihood of them rolling over in the event of an accident, while the lack of liquid fuel reduces the potential for an explosion following a crash. There are also factors connected to the construction and durability of electric vehicles that makes them better at withstanding impacts and makes them safer.

Can You Make An Electric Car Work for You?

MacCredit Can Help You.

While electric cars provide a range of benefits, making the change may require a change in your driving habits, particularly as charging stations aren’t anything like as widespread as fuel stations are! In the long-term, financial incentives at state and federal level may grow in order to make electric car ownership even more appealing, too.

If you’re considering buying an electric car, MacCredit may be able to help you acquire an auto loan to cover the costs of your new vehicle. 


Find out if you qualify today.

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