EV car promotions are finally catching on nationwide, thanks to a combination of factors. Inventory levels have recovered, automakers are introducing more exciting new models and there is a $4,000 point-of-sale federal incentive that can be applied to used EVs. Combined with local and even municipal tax credits and home charging station rebates, you’re likely to find some interesting deals on an electric car in your area.
Whether you’re looking to play your part in a greener future or simply get away from the hassles of fueling up, there are many reasons why EVs are worth it. Local electric car inventory offer better performance and acceleration, are quieter and cost far less to operate than gas-powered cars. Plus, many of them come with a warranty that extends well beyond the standard bumper-to-bumper coverage.
But while it’s never been a more affordable time to make the switch, you’ll still want to shop around for the best deals and incentives available. Some dealers are offering 0 percent financing for several months, while others are cutting lease prices. Some are combining these discounts with low or zero downpayment offers to help buyers afford their favorite model.
To help shoppers do their research, Xcel Energy has created an EV shopper tool that lets Coloradans compare electric vehicles with similar versions of conventional vehicles by price, range and body styles. The tool also allows you to enter your zip code to discover any local or state-specific EV incentives.
Some dealers are even selling used EVs at a discount. One executive from Manheim, the used car auction company owned by Cox Automotive, says that sales of pre-owned EVs are so strong that his dealership has had to invest in additional storage space for the vehicles. He added that this new market is allowing shoppers who had previously thought an EV was out of their price range to become owners.
Another trend that will probably accelerate over the next few years is the growing availability of EV-specific battery warranties, which are now offered by a number of manufacturers including Nissan and Tesla. These warranties can last up to eight years and cover a significant portion of the vehicle’s total cost of ownership.
Ford EVs are the perfect example of an innovative and stylish vehicle that is both environmentally responsible and incredibly fun to drive. From the Mustang Mach-E, which creatively combines high-end performance with advanced technology to zero emissions, to the all-new 2021 Ioniq 6, which is capable of 310 miles of range and a top speed of 122 MPH, there’s a Ford EV for everyone who wants to join the green movement. To learn more about these and other Ford EVs in the Bayonne, NJ area, contact Premier Ford today.