If you're thinking about switching to an electric vehicle, there's never been a better time to make the switch. The IRS recently updated its tax deductions to include up to $7,500 in tax credits for electric vehicle owners, and manufacturers have some great options on the market right now. Here's a summary of some of the main benefits of switching to an electric vehicle to help you with your decision. Remember, if you want to make a trade-in, purchase a new vehicle, or finance an electric vehicle, visit your inventory page to see what's in stock.
Why Should You Consider Buying an Electric Vehicle?
Switching to an electric vehicle offers many benefits, including cutting the cost of using fossil fuels and, of course, helping to reduce emissions that affect the environment. Whether you're financially conscious, eco-friendly, or both, an electric vehicle is the perfect choice for modern transportation. And, with so many options available, there's an electric option for every budget and taste. Oh, and let's not forget that electric vehicles almost always get better mileage.
The Benefits of Switching to Electric
Let's take a closer look at some of the main benefits of making the switch to an electric vehicle:
Tax Credits
First and foremost, with the recent IRS tax updates, switching to an electric vehicle can help you save money on your taxes. The IRS grants tax credits to electric vehicle owners in amounts varying between $2,500 and $7,500, which means you can save some serious cash on your tax burden next year. This is part of the initiative to work towards a more sustainable and "green" future through electric vehicles and other clean energy incentives. So, if you want to save some money with premium tax credits, buying electric might just be the way to go.
Reducing Your Emissions
The environment has become something of a concern over the last few decades, with global warming and other problems linked directly to CO2 emissions from — you guessed it — gasoline vehicles, among other things. Ultimately, burning fossil fuels for vehicles is not only unsustainable, but it's also harmful to the environment. Buying an electric vehicle or even a hybrid model can help reduce or completely eliminate your personal vehicle emissions. This gives us all a unique opportunity to participate directly in the conservation of our environment and the longevity of our planet.
Save on Maintenance and Fuel
It's no secret that gas prices are getting out of hand, especially recently. With gas over $4 per gallon in some parts of the country, Americans are looking toward alternative options to cut the cost of getting to work, the grocery, or anywhere, really. Electric vehicles present a viable alternative, with less complex components and fuel costs. Electricity doesn't cost anywhere near what gasoline does, and gasoline-burning vehicles typically require far more maintenance because of their complex parts. Save money on both gas and maintenance by switching to an electric vehicle instead.
Better Driving Experience
Along with the savings an electric vehicle brings to the table, there's also the aspect of the superior driving experience to consider. While some people remain excited about the purr of a gasoline engine, many electric vehicle owners report a smoother, safer, and more satisfying driving experience with electric vehicles. Since they have a lower center of gravity, regenerative braking, and a quieter engine, many new electric vehicle owners fall in love with the smoother, quieter ride. Not to mention, most electric vehicles are equipped with the latest in safety technology to ensure a safer driving experience overall.
Greater Resale Value
If you ever want to upgrade or sell your electric vehicle, you can also benefit from a greater resale value. As opposed to gasoline vehicles, electric vehicles tend to hold their value better, meaning you can resell the vehicle at a later date for a decent return. Since they require lower maintenance and are becoming a more and more practical asset, electric vehicles are becoming more necessary to modern society, and buyers are looking for the next great deal. Check out our stock of used electric vehicles if you're in the market for one.
No More Gas Station Trips
With an electric vehicle, you don't have to visit a gas station to fill up anymore. Gas stations, aside from being incredibly expensive, can also be dangerous. A single spark or careless flame can cause a fire or explosion, so avoiding gas stations is certainly a benefit in itself. With an electric vehicle, you can plug in at charging stations, which are typically available in some store parking lots or at designated areas. You can also get a charger for your home, so you can refill your car's battery while you sleep, which is pretty convenient.
Supporting an Emerging Industry
The electric vehicle industry is starting to ramp up production and roll out new models every year, so by purchasing an electric vehicle, you can help support an emerging industry and keep jobs in our local areas. Right here in Florida, more and more charging stations are appearing as the demand for better vehicles continues to increase, and your money goes directly toward supporting a sustainable future and American industries.
State-Specific Incentives
Some states offer their own unique incentives for making the switch to electric vehicles. These can range from reduced registration fees to tax breaks to rebates on certain equipment, like chargers. The Department of Energy specifically outlines incentives for Florida in this document, which include funds for property owners to install their own charging stations, weight and tax exemptions for school buses and larger vehicles, and more.
Now that you understand the main benefits of buying an electric vehicle, come pay us a visit at Kraft Nissan of Tallahassee, and let us see what we can get you set up with. Our service team can help you find the perfect vehicle to match both your budgeting and practical needs. Stop in or make an appointment today on our website.
