Hi, I'm Denise, and this is your Civic Minute.
You can now buy a new electric car for under $30,000.
The Nissan Leaf starts at about $30,000
with over 300 miles of range.
The Chevy Bolt is coming in just under 29.
These aren't concept cars, they're on dealer lots.
That's close to what a new gas car costs,
but the real difference shows up over time.
Electricity costs roughly four cents a mile to drive.
Gasoline costs 12 to 15.
That's $1,000 a year or more in fuel savings.
There are no oil changes, no transmission service,
and brake pads last two to three times longer,
because the motor does most of the braking.
Add it up over five years, and an EV can cost
eight to $12,000 less to own than a comparable gas car,
even if the sticker price is similar.
The upfront price gets the headlines.
The running cost is where the math actually happens.
That's your Civic Minute.
Find more at civicmedia.us.
