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According to Consumer Reports, electric cars are now cheaper on a Total Cost of Ownership basis than gas cars.

Your mileage may vary depending on what you select as a comparable and some of your assumptions, but you save a lot of money on fuel and maintenance and need to factor that in. The resale value of your vehicle is also a huge factor.

https://arstechnica.com/cars/2020/10/owning-an-electric-car-...

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For those that are at the bottom end of the market and rely on second hand cars this won’t be the case for a long time.

I lease my car and when looking recently it’s not the case for me either, even when factoring in associated costs. It’s an extra 150 quid a month on sticker price for a roughly equivalent car. Take fuel, tax, servicing reductions out and you are still no where near parity

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