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This Hummer EV Lost $45K Without Ever Touching a Driveway

  • A virtually unused GMC Hummer EV sold at auction for 32 percent less than its MSRP.
  • The 2024 3X Omega Edition cost $140k new and went for $95,500 on Bring a Trailer.
  • Although it’s covered 404 miles, the Hummer had never been sold to a private owner.

We all love the idea of getting our hands on a brand new car, but the depreciation all but the most rare-groove, in-demand models suffer is a bitter pill to swallow. Take a look at this GMC Hummer EV for proof. It just sold on a well-known auction site for around $45,000 less than its MSRP despite having only been driven a few hundred miles.

A Hummer 3X, it would have cost $104,650 in base form, but this one came with some choice options. The most significant of those is the $23,355 Omega Edition package, which included Neptune Blue matte paint, transparent removable roof panels, 18-inch beadlock wheels and black emblems. Then there’s Off-Road package that added skid plates, underbody cameras, locking differentials – and a further $9,995 to the price.

Related: $36,000 Off MSRP After Just 303 Miles? This 2025 Hummer EV Buyer Pulled A Heist

The total with-options MSRP came to $140,295, yet the auction hammer price for this GMC Hummer EV SUV was only $95,500. In an earlier listing on Bring a Trailer, bids reached $95,750 but that wasn’t enough to hit the reserve and it failed to sell. A week later, with the Hummer listed again on the same site and the reserve now removed, somebody got themselves a steal of a deal.

Visually, this 830 hp (842 PS) triple-motor Hummer looks as good as new, which it ought to considering it’s covered only 404 miles (650 km). That’s about as much driving as the average American might do in two weeks and means the huge 200+ kWh battery won’t have degraded.

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Bring a Trailer

Compounding the good-as-new feel is the fact that whoever won this auction will be the first owner. The SUV was never titled because it hasn’t been sold to a private party before and is being offered by the dealer with its Manufacturer Certificate of Origin.

Buying a zero-mile new car can make sense if the dealer has a great zero-percent finance deal to go with it, something not open to auction buyers. And yes, this is a 2024 model rather than a 2025, which helps explain some of the depreciation. But it’s hard to argue with a $45,000 saving on the MSRP, and at least a $25,0000 saving on a 2025 model with some (but not all) of the same options.

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Bring a Trailer

This Used Cybertruck Just Sold For $6K More Than A New One

  • A modified Cybertruck sold for $78K, surpassing the price of a new one.
  • Changes to the Cybertruck include a satin black wrap, and the CyberTent.
  • Some fancy and colorful LED lighting has been added to the truck’s cabin.

Owning a new Tesla might not carry the same futuristic mystique it once did, but for plenty of buyers, the dream is still alive and well, especially when it involves the polarizing, attention-grabbing Cybertruck.

Read: Cybertruck Beats Fisker Ocean As Edmunds’ Biggest Loss Ever, Sold For Just $8K

While the electric pickup has not sold as well as Tesla had hoped, there are still plenty of Americans who still want to get their hands on one. For many, buying directly from Tesla’s website is the easiest option, but the used market is starting to offer some interesting alternatives. Plenty of low-mileage Cybertrucks are already available, and while most sellers are taking a big hit compared to MSRP, there are a few exceptions — even if they mostly just prove the rule.

Last week, a particularly well-specced and modified example traded hands for $78,000 on Cars & Bids. At first glance, that is a very solid result for the seller, especially considering it is possible to buy a brand-new Cybertruck Dual-Motor AWD directly from Tesla for a little over $72,000 after the $7,500 federal EV tax credit.

So, why did this Cybertruck sell for more than a new one? Well, it has several tasteful (and costly, at least for the seller) modifications that seem to have appealed to the many interested bidders. For starters, the controversial stainless steel panels now sport a satin black paint protection film, transforming the look of the Tesla. That alone likely set the seller back around $3,000 to $5,000.

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Photos Cars&Bids

Elsewhere, there’s an LED light bar on the roof, aftermarket running boards, official Tesla roof bars and mud flaps, and some interesting cladding on the tailgate. It even includes the optional $2,975 Tesla CyberTent, making it ideal for some camping adventures (as long as you’re not too far away from a charger…).

Plenty of changes have been made to the cabin, too. For example, the central infotainment screen now sits on a swivel mount, meaning it can be angled towards the driver. The underside of the glass roof has also been tweaked and now sports colorful LED lights. According to the listing, the windows have been tinted too, a job that likely cost several hundred dollars.

Generally speaking, as we have seen countless times in the used car market, modifying a car does not add to its value. But clearly, the winning bidder was happy to spend more on this example than the going rate for a new one.If they were already planning to add these upgrades, which look like they cost nearly $10,000 on top of the MSRP, then maybe it makes a little more sense , but calling it a solid deal would be a stretch.

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Photos Cars&Bids

Tesla Offers 0% APR On Model 3 And FSD Transfers Are Back Too

  • Tesla’s new 0% APR financing deal applies only to the Model 3, not other models.
  • Full Self-Driving transfers are back for those upgrading from a previous Tesla vehicle.

Tesla is rolling out a pair of what it hopes will be high-impact incentives. In an effort to drive sales before the end of Q2, it’s offering 0% APR financing on Model 3 and the return of Full Self-Driving (Supervised) transfers. Both offers are appealing on paper, but like most things Tesla, there are some strings attached.

The headliner here is the 0% APR deal, which is only available on the Model 3. Not the Model Y, not the S, not the X, just the entry-level sedan. Qualifying depends on options and tax incentives, but it appears to be available with $0 down in some states.

Read: Tesla Quietly Launches Robotaxi Rideshare App For Employees

It’s also capped at 60 months. That’s about $6,000 down (over the loan term) on the cheapest rear-wheel-drive Model 3, and you’ll also need top-tier credit to lock it in. Still, it’s a rare move in today’s high-interest environment, and one that could tip the scales for shoppers on the fence.

Also back, for a limited time: FSD transfers. If you previously bought Tesla’s Full Self-Driving beta package for anywhere from $7,500 to $12,000 and are thinking about upgrading to a new vehicle, you can bring that feature with you, no need to repurchase. There’s no word on when the deal will end, but we expect it won’t live into the third quarter, so interested parties will want to move sooner rather than later.

0% APR available for financing (60 months, US only) https://t.co/eKuwpC1UKI

— Tesla North America (@tesla_na) April 25, 2025

These moves, of course, come at a time when Tesla is navigating a tougher sales climate. Competition is getting better, opposition is getting fiercer, and tariffs could drive prices up more, too. Obviously, Tesla wants to clear inventory and keep customers inside the family with these deals.

While these two deals are good for those interested, they’re not the only ones we’ve seen in recent months. The new Model Y is available in China with 0% APR, and the old Model Y is the subject of massive discounts too. Even the opinion-splitting slab-sided Cybertruck is available for thousands off of MSRP right now. Clearly, Tesla knows it needs to move metal, and it’s doing all it can to achieve that goal.

Vox Populi, Vox Dei … FSD Transfer is back

All countries (in NA), all S3XY + @cybertruck (excl Foundation Series & Launch Series)

— Tesla North America (@tesla_na) April 25, 2025

It Took Tesla Just 3 Months To Offer Model Y With 5-Year Zero-Interest Financing In China

  • While the financing deal is tempting, it does require a $10K down payment.
  • The same five-year zero-interest financing deal is available for the Model 3.

While the Tesla Model Y has been the world’s best-selling car for the past two years, even Tesla understands that sometimes shoppers need some encouragement. As such, it started offering a five-year, zero-interest financing option for the new Model Y. Unfortunately, this deal is only for China.

Tesla offers the new Model Y in rear-wheel drive and long-range dual-motor guises in China, priced from RMB 263,500 (~$36,000) and RMB 313,500 (~$42,800), respectively. Through the new financing program, a new Model Y can be secured with monthly payments as low as RMB 3,060, the equivalent of just $418.

Read: Why Tesla Pulled The Model S And X From China

However, it’s not all sunshine and rainbows. While that monthly payment is completely reasonable, there is a minimum down payment of RMB 79,900, or just over $10,000.

CNEVPost reports that the zero-interest financing deal is available with any version of the new Model Y delivered in China by June 30. A similar five-year financing incentive is also available for the Model 3 for the same period.

 It Took Tesla Just 3 Months To Offer Model Y With 5-Year Zero-Interest Financing In China

Will The US Get The Same Deal?

While it’d be nice to see Tesla offer a similar financing option for the Model Y in the US, we’re not getting our hopes up. While America’s EV market is growing increasingly competitive as brands release compelling new EVs, it’s nowhere near as cutthroat as in China.

There are numerous direct rivals to the Model Y in China, including the Xpeng G6, Zeekr 7X, BYD Sealion 7, Leapmotor C10, Deepal S07, and the list goes on and on. Xiaomi will also soon launch its YU7, the SUV version of its hugely popular SU7 sedan that’s become a social media sensation across China. If Tesla wants to convince Chinese shoppers to buy from an American brand, it needs to offer deals that are too good to refuse.

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Porsche EV’s $56K Depreciation After 2 Years Gives Buyer A Steal

  • A 2023 Porsche Taycan recently sold for $54,000 despite an original MSRP of $109,310.
  • The 93.4 kWh battery and 469 hp offer solid performance despite its entry-level status.
  • The electric sedan had just 27,000 miles and included a slew of premium options.

It’s hardly a secret that many EVs plummet in value faster than a rock skipping across a pond, even more so when it comes to premium German brands like Mercedes-Benz, BMW, and Audi. Even Porsche and its Taycan haven’t escaped that unfortunate fate. While that’s a gut punch for sellers, it’s a jackpot for buyers looking to snag a six-figure electric Porsche on the cheap.

More: Someone Snagged A Steal On This 1k-Mile Porsche 911 T Coupe

The Taycan is closely related to the Audi e-tron GT, the prices of which have collapsed on the used market over the past year or so. So far, it hasn’t depreciated to the same extent as the Audi, likely owing to the fact that, as a brand, Porsche is more desirable and exclusive than its sibling in the VW Group. However, one 2023 Taycan recently sold on Bring a Trailer for just $54,000 despite having an original MSRP of $109,310 before taxes and fees.

The Taycan’s Core Features Still Hold Up

This may be the entry-level Taycan, but it’s still a very good EV. It’s equipped with a single rear-wheel electric motor that delivers 469 hp and 263 lb-ft (357 Nm) of torque, powered by a hefty 93.4 kWh lithium-ion battery pack. When it changed hands, it had around 27,000 miles (43,400 km) on the clock and came with a clean CarFax, so it wasn’t a junkyard special.

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While the Turbo S and Turbo GT versions tend to steal the spotlight, the interior of the entry-level Taycan is nearly identical to those models, and this particular example came with some appealing options.

Among them are the 20-inch Sport Aero wheels, the upgraded 93.4 kWh battery (a $5,780 option), Porsche’s InnoDrive adaptive cruise control system, and the $5,960 Premium package. The latter adds a surround-view camera, power-folding wing mirrors, a $1,200 Bose audio system, a fixed panoramic glass roof, ambient lighting, power-ventilated front seats, and Lane Change Assist.

Ouch for the Seller, Win for the Buyer

We can’t help but feel bad for the individual who lost $56,000, or more than half of the original price, after just two years of ownership. But on the flip side, the new owner has likely walked away with a pretty sweet deal. The big question now is whether the price drop will continue as the heavily revised 2025 models start showing up on US roads.

More: Seller Refuses $64K For Brand New Dodge Durango Hellcat Sitting For 4 Years

The lesson here? Smart buyers can skip the sticker shock of a new Taycan and dive straight into a used one for a fraction of the price. Just make sure you get one with a remaining warranty, or better yet, an extended one, because if something critical goes wrong, it could end up costing more than the car itself.

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Bring a Trailer

Tesla Desperate To Clear Cybertruck Inventory With Huge Discounts And Perks

  • Tesla is offering up to $11,990 off many Cybertruck models in the United States.
  • Some discounted models also come with lifetime free Supercharging and FSD Beta.
  • Canadian buyers are getting similar discounts up to CAD $16,590 on select models.

If you want to make it painfully obvious that public opinion doesn’t faze you, there’s one simple way to do it: drive a Cybertruck. Now, for those in the market, Tesla is making it a little bit easier to take that leap with a range of discounted vehicles. And it’s not just about slicing prices. Some of these deals include lifetime access to Supercharging and Full Self-Driving, adding value to the package.

It’s no secret that Tesla has struggled to sell the Cybertruck at the rate it hoped it would. Elon Musk claimed it had over 1 million reservations. As of earlier this year, it appears it’s converted under 50,000 of those reservations to sales, though.

Read: Tesla’s 15% Sales Crash In California Could Signal A Bigger EV Crisis

For one thing, it’s far more expensive than initially promised. Sure, inflation has something to do with that, but even according to that metric, it should cost tens of thousands less. Maybe that’s one more reason why Tesla just put steep discounts on it. Right now, American customers can get the 2024 Cyberbeast Foundation Series for $11,990 off MSRP. Along with that, Tesla is throwing in free lifetime access to its Supercharger network.

 Tesla Desperate To Clear Cybertruck Inventory With Huge Discounts And Perks

Here’s perhaps the most interesting part, though. It’s not just the top-of-the-range, year-old Cybertruck that is on sale. The standard 2024 AWD Cybertruck is also available with a similar discount. That makes it $89,990, and it still benefits from lifetime Supercharging and, in some cases, these trucks already come with Full Self-Driving (Supervised).

Granted, you’re getting a 2024 model while we’re already well into 2025, but Tesla isn’t a conventional automaker. There are no dramatic, huge updates from one year to the next. According to DriveTeslaCanada, Canadian buyers can also take advantage of similar deals. Tesla is currently offering CA $16,590 off the Cyberbeast and CA $13,790 off the AWD Cybertruck in Canada.

Inventory Snapshot: What’s Available Now?

At the time of writing, Tesla lists just under 4,500 Cybertrucks in inventory across the United States, including both new and demo units. That number is subject to change, of course. In Canada, availability is much lower, with only 72 trucks currently listed.

Put all of the side conversations away, and this doesn’t seem like too bad of a deal. They’re especially attractive for those who don’t qualify for tax credits or who are already considering buying a Cyberbeast. Why not get one with a steep discount and free Supercharging for life?

The only catch is that you’ll be piloting one of the most divisive vehicles on the planet, and Tesla doesn’t have much it can do if your truck becomes the target of someone else’s anger. 

 Tesla Desperate To Clear Cybertruck Inventory With Huge Discounts And Perks

Dodge Desperate To Sell Charger Daytona EVs, Prays Huge Discounts Will Lure Buyers

  • The Charger Daytona EV came with big expectations, but soon proved to be a sales flop.
  • Things are so bad that dealers have been offering huge discounts since late last year.
  • Now Dodge is chiming in with a $6.5k rebate and awaits the ICE Sixpack and, possibly, V8.

Electric dreams don’t always go according to plan, especially when you’re trying to replace roaring V8s with silent speed. The transition from combustion powertrains to all-electric ones was supposed to be a one-way trip for automakers, the future most agreed was inevitable. But Dodge’s recent experience suggests the road ahead is a lot bumpier than expected.

In fact, the Charger Daytona, which abandoned the ICE powertrains of the previous-gen muscle car, has been underperforming both in tests and, more crucially, in sales.

More: Dodge Sold More Old Challengers And Chargers Than New Daytona EVs In Q1

The situation appears to be so bad that Dodge, which introduced the Charger Daytona EV at the end of last year, is now offering buyers a $6,500 National Retail Consumer Cash rebate, according to Cars Direct, which cites a bulletin sent to dealerships. That’s in stark contrast to what usually happens when a brand new sports car is launched, as dealers are more than eager to slap huge markups on them provided, of course, there is sufficient demand.

However, fans haven’t warmed up to the EV at all, as they still miss the Hemi V8, leaving Dodge with a serious problem on its hands. That challenge is further complicated by reports that the ICE-powered Sixpack could be delayed, as Stellantis has idled the Windsor plant, where it’s set to be built, in response to Trump’s 25% import tariffs.

 Dodge Desperate To Sell Charger Daytona EVs, Prays Huge Discounts Will Lure Buyers

Even if the Sixpack is launched on time and gets well received by buyers, Dodge still has to sell the electric Daytona as well. Apparently, that’s easier said than done, and its dealers know it all too well as they’ve been offering much bigger discounts on their own way before the brand announced its $6.5k rebate.

More: Dodge Charger Still Thinks It’s 1970 And Racing Ford’s Fastest EV Just Proved It The Hard Way

This started in December 2024, but only last month, we found a 2025 Charger Daytona R/T on sale for $39,945. Since this car stickers at $62,685, that’s a discount of $22,740 – and it’s not the largest we’ve seen. In fact, another example that originally retailed for $61,590 was being offered for $36,932, which is $24,658 below MSRP.

Having sold more old, ICE-powered Chargers and Challengers than electric Charger Daytonas in Q1, Dodge has definitely heard the message buyers are sending loud and clear. Thus it falls to the Sixpack to save the day, which is a tall order indeed. The EV lacks anything but power, so that’s not an issue; the character of its ICE predecessor, however, sure is.

Sticker Shock Doesn’t Help

 Dodge Desperate To Sell Charger Daytona EVs, Prays Huge Discounts Will Lure Buyers

Beyond the lack of emotional connection, there’s the price tag. The Daytona’s pricing strategy follows the same playbook Dodge used with the Challenger, where upper trims stretched into premium territory. But with the new Charger, the starting price has jumped to $59,595 for the R/T and $73,985 for the Scat Pack. Some well-optioned examples are approaching, or even surpassing, the $100,000 mark in terms of MSRP.

More: New Age Charger Daytona Vs. Old-School Mustang V8 In U-Drag Showdown

At that point, the Daytona isn’t just competing with muscle cars, it’s going head-to-head with more refined and tested performance rides. The Ford Mustang GT starts at $46,560. A BMW 440i Coupe runs about $65K. Even the M4, a benchmark in the segment, starts at $80K. It’s hard to imagine what Stellantis was thinking pricing the Daytona this far north, especially with electric performance still a tough sell.

Can A Hemi Save The Day?

So what can Dodge do? The new platform wasn’t built for a V8, but Stellantis might not have a choice. Recent reports suggest the company is already exploring ways to cram a Hemi into the new Charger’s engine bay, possibly as soon as 2026. Whether that move comes in time to save the brand’s muscle legacy is another question entirely. Here’s hoping it’s not too late.

 Dodge Desperate To Sell Charger Daytona EVs, Prays Huge Discounts Will Lure Buyers

Someone Snagged A Loaded BMW i5 With 714 Miles For $32K Off MSRP

  • A loaded BMW i5 eDrive40 sold for just $46,250 with only 714 miles on the clock.
  • Original MSRP of this i5 was $77,695, including several premium option packages.
  • Depreciation hit hard, with the electric sedan losing $31,445 in just a few months.

Depreciation comes with the territory when it comes to EVs and luxury German cars—everyone knows that. Still, even seasoned car watchers might do a double take at how quickly some of these high-end electrics shed value. Take this 2024 BMW i5 eDrive40, for example. It’s already lost a staggering $31,445, despite having just 714 miles (1,149 km) on the clock. We’re talking about a car that’s barely broken in.

The i5 was recently auctioned off on Cars & Bids where it traded hands for $46,250. That’s an absolute steal for an all-electric German sedan of this quality and way less than the original price tag of $77,695. While we feel a little bad for the original owner, the winning bidder seems to have gotten an excellent deal. However, it’s certainly possible that it’ll continue to depreciate at a rapid rate.

Read: BMW’s Recalls Just Recalled Themselves Because The Brakes Still Don’t Work

This version of the i5 is the eDrive40, the base model in BMW’s electric 5-Series lineup. It’s equipped with an 81 kWh battery that powers a single electric motor, delivering 335 horsepower and 317 lb-ft of torque. According to BMW, that setup should get you around 295 miles of range on a full charge when paired with the optional 20-inch wheels, as seen here. Despite its entry-level status, the eDrive40 still does 0–60 mph in a very respectable 5.7 seconds. And that’s without a rollout for our Tesla readers.

Packed With Options

This particular i5 isn’t just a barebones base model either. The window sticker reveals that this car is fitted with the M Sport Package, M Sport Package Pro, and Premium Package, which add features like a heated steering wheel, interior camera, LED cornering lights, and a head-up display. It also has the Driving Assistance Pro Package and Connected Package Pro, adding real-time traffic updates, BMW remote services, and on-street parking information.

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An EV Bargain?

As the car has barely been driven at just over 700 miles, it’s in excellent shape. The only visible flaws are a few minor scratches on the trunk lid—easily fixable with a bit of buffing. Otherwise, it’s practically new.

Aesthetics are subjective, but let’s just say we’re not in love with the styling of the current i5 or its gas-powered 5-Series siblings. Still, that might be easier to overlook when the price is slashed by over 40 percent. So here’s the real question: would you spend $46,000 like this buyer on an almost-new electric BMW with all the bells and whistles, even if it might keep shedding value?

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Cars & Bids

Don’t Buy A New Cybertruck Until You See What This One Sold For After Just 2.6K Miles

  • Tesla Cybertruck AWD Foundation models like this one started at $99,990 when new.
  • The seller has had a 7-year ceramic coating applied to the truck’s stainless steel panels.
  • While this isn’t the tri-motor Cybertruck, it still has 600 hp and packs a serious punch.

It wasn’t long ago that some people were shelling out high-end sports car money for lightly used Tesla Cybertrucks. The hype was real, the prices were wild—and now? Not so much. These days, you can pick up one of Tesla’s electric pickups for well under sticker price, and as time goes on, we suspect prices will continue to fall much further.

Read: Tesla’s Recall Fix Left This Cybertruck With A Burn Mark And Panel Gap

When it first hit the market, a Cybertruck AWD Foundation Series like the one seen here came with a $99,990 price tag before delivery fees and taxes. For those chasing maximum performance, the Tri-Motor Cyberbeast version stretched that figure to $119,990. Recently, this particular Cybertruck AWD Foundation Series crossed the auction block at Cars&bids for $82,000. That’s despite having only 2,600 miles (4,184 km) on the odometer.

Auction Highlights and Extras

The truck sold with a clean Carfax report and remains completely stock. The only modification is a $2,270 ceramic coating, which should make washing it less of a chore—no small feat when the truck in question is a rolling sheet of bare stainless steel. The sale also included a set of accessories, most notably the Cybertruck Cooler. It fits neatly in the frunk and can store up to 90 cans of your beverage of choice.

While the Cybertruck has been very controversial since the moment it was unveiled as a concept in 2019, there are plenty of people who absolutely love it. If you can get over the refrigerator looks, it’s hard not to be a fan of twin electric motors that combine to deliver 600 hp and 521 lb-ft (706 Nm) of torque. That’s enough to send it down the quarter-mile in roughly 12.4 seconds, all while spinning heads and dropping jaws in the process.

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Importantly, this example also comes with Tesla’s Full Self-Driving package. And yes, while FSD is still a bit of a misnomer—and the feature remains in beta limbo—having it onboard does offer some future-proofing. If Tesla eventually delivers on its autonomy promises, owners of trucks like this one could be ahead of the curve. Or they’ll still be waiting. Time will tell.

It’s tough to predict what the used Cybertruck market will look like in a few years. What’s clear for now is that Tesla has delivered far fewer than it aimed to—nowhere near the 1 million pre-orders fans were once bragging about. The company hasn’t released official figures, but the recent cant rail recall, which appears to affect every unit delivered through March, offers a useful estimate. Just 46,096 trucks have reached customers so far, a number that proves demand hasn’t matched the early hype.

Aside from issues with the truck itself, the most likely factor is shifting public sentiment toward CEO Elon Musk, whose increasingly visible political involvement and especially his ties to the Trump administration through DOGE, has turned the Cybertruck into a rolling protest symbol. Add in early reliability issues and a growing stack of recalls, and it’s no surprise more are hitting the used market. If that trend continues, prices are bound to keep falling.

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Photos Cars & Bids

Support for Electric Vehicles

By: newenergy
31 March 2025 at 15:54

New Poll: American Voters Support Federal Investments in Electric Vehicles Broad, Bipartisan Support for EV Investments and Incentives that Lower Costs, Expand Access, and Help the U.S. Beat China in the Race for Auto Manufacturing WASHINGTON, D.C. – A new bipartisan national poll conducted by Meeting Street Insights and Hart Research finds broad public support …

The post Support for Electric Vehicles appeared first on Alternative Energy HQ.

The Overall Cost of EV Ownership

 

There are many benefits to entering the world of EV ownership. If you’re in the market for a new vehicle and are considering switching from gas-powered to electric, you’re probably wondering about the cost differences and how they’ll affect you long term. If you’re ready to shop the different used cars for sale, we have plenty of electric cars for sale in Madison, WI, at our dealership: cars that will save you money long-term.

The Tax Benefits

Unlike gas-powered vehicles, electric vehicles qualify owners for a significant tax credit. Most popular electric vehicle models qualify for this incentive, and the total tax credit ultimately depends on the vehicle’s battery size. Drivers who choose hybrid models will receive a lower tax credit than those who choose fully electric vehicles, in which case you can expect several thousand dollars in federal incentives.

Fuel Savings

Buying an electric vehicle means you’ll no longer have to plan regular trips to the gas station, search for the cheapest or least crowded station, and fight over pumps when the prices rise or there’s yet another gas shortage. You’ll save thousands of dollars yearly in fuel costs because you won’t have to rely on gas to power your vehicle.

Plus, you can take advantage of the many free public charging stations at restaurants, universities, gas stations, and other locations all over the country. Whether driving around your local area or heading out on a road trip, you can search for free charging stations online with an interactive map that will give you links to locations throughout the country.

You’ll Save Money on Vehicle Maintenance

Because electric vehicles require fewer parts than traditional vehicles, the maintenance costs are far cheaper than gas-powered vehicles. Drivers who choose electric vehicles may spend 40% less on maintenance costs than those who own gas-powered vehicles.

Shopping for Used Cars for Sale? Consider an EV

If you’re in the market for a pre-owned vehicle, you can’t go wrong with an electric option. In the long run, you’ll benefit from tax incentives, save money on fuel and maintenance, and help the environment.

At Zimbrick Automotive, we have electric vehicles that can meet the needs of drivers with all different lifestyles and budgets. Whether you’re looking for an economical or luxury vehicle, we have plenty of options. The most popular automotive brands, like BMW, Porsche, Audi, GMC, Chevrolet, Mercedes-Benz, and more, have designed some incredible electric options, and we carry them here at our dealership.

If you want to enter the electric vehicle world, our expert team can help you choose the right option at the right price. Visit us today at Zimbrick Automotive to browse our new and pre-owned electric vehicle inventory, learn more about the advantages of driving an EV, and test drive your favorite model.

The post The Overall Cost of EV Ownership appeared first on Zimbrick Automotive Blog.

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