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Unlocking Key Understandings of Plug-in Electric Car Maintenance Costs

16 Mar 2023 9 mins to read
As the electric car revolution continues to impact global transportation markets, curious consumers are becoming more attuned to the nuances of plug-in electric vehicles (PEVs). Much like traditional gasoline-powered cars, the cost of maintenance for PEVs is a key concern for prospective buyers.
Unlocking Key Understandings of Plug-in Electric Car Maintenance Costs
Summary:

This article is designed to uncover an understanding of these costs, so readers can make informed decisions when browsing the PEV landscape.

What are Typical PEV Maintenance Costs?

  • Tire replacements may vary in cost due to vehicle type, manufacturer, and tire model, but a typical set of four tires for a PEV may cost between $400 and $1000.
  • Brake pad replacements may range in cost from $150 to $300, depending on the type and amount of material needed.
  • Battery replacements may cost anywhere from $3000 to $7000, depending on the type of battery and its capacity.
  • Overall, PEVs cost an average of $314 in maintenance costs per year, barely more than the $307 in maintenance costs per year for comparably sized gasoline-powered vehicles.

What are Some Helpful Tips for Reducing PEV Maintenance Costs?

  • Regularly check the liquids and fluids in the PEV, such as brake fluid, engine coolant, and transmission fluid.
  • Make sure to keep the battery topped up. Most batteries require charging every two to three months.
  • Ensure brakes and tires are in good condition. Check tire pressure monthly and ensure brake pads are changed when needed.
  • Choose a PEV with a warranty that provides some coverage for maintenance costs.

What are the Long-term Benefits of Owning a PEV?

Although the initial purchase cost of a PEV may be higher than that of traditional vehicle types, the long-term benefits of owning a PEV drastically outweigh the short-term costs. For instance:

  • Electric vehicles require less frequent oil changes.
  • Electric vehicles have fewer moving parts, decreasing the risk of regular mechanical maintenance.
  • Electric vehicles are more efficient and use less energy than traditional vehicle types, leading to lower fuel costs.
  • Electric vehicles produce lower emissions, leading to improved air quality in urban areas.

Conclusion

With the right knowledge, prospective electric car owners can make informed decisions when considering the long-term cost of ownership. Understanding the typical costs associated with maintenance is key to ensuring the longevity of their PEV, and taking advantage of helpful tips can reduce costs even further. By taking advantage of the many long-term benefits of owning a PEV, buyers can drive confidently knowing they made the right decision.

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6 Comments


Add comment


vernon fraughton3/24/2023, 8:25:51 PM
Well, the initial purchase price may still be high for some models, and you may experience range anxiety if you take long trips or don't have access to charging stations.
Electric cars don't require oil changes, and since they have regenerative braking, brake pads may last longer. However, tires still need to be replaced regularly.
Tommie Dagenais3/14/2023, 4:12:13 PM
Electric cars are the future!
Benny Fetterolf3/14/2023, 9:12:12 AM
I'm definitely considering getting an electric car now, thanks for sharing this info!
For sure! And with the right maintenance, they can save us a lot of money and hassle in the long run.
The price may vary depending on the battery condition and the service provider. Nevertheless, refurbishment is usually cheaper than replacement.

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Energy5 EV Charging solutions comprise a full range of end-to-end turnkey services for businesses. From permitting to incentive acquisition to installation, management software, and down-the-road maintenance, Energy5 streamlines the whole process every step of the way.
HardwareSoftwareAbout UsPrivacy PolicyTerms of Use
Address
300 W Somerdale Rd, Suite 5, Voorhees Township, NJ 08043
Email address
hello@energy5.com
Phone number
(856) 412-4645
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