I was having an interesting conversation with my neighbour yesterday, he used to be in new car sales and one of the other neighbours daughters has an electric car. He said '' I wonder what the hole life cost is compared to a proper car " (his words).
We know they have a higher purchase price and potentially a shorter life before they will need big expenditure ( new battery). On the positive side, they are free to tax and electricity is cheaper as long as you can recharge at home or have a deal. I have no idea what they cost to insure if you do the national average mileage or the cost of the annual service? Also what is a the depreciation like? I know I have seen Teslas advertised for what appears to be a bargain price.
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