New models of electric vehicles are being released into the market each year. Some of the models are providing affordable sticker prices and operating ranges. This is probably the best time to own an electric vehicle. Although they form a very small percentage of all vehicle sales across the world, there are compelling reasons that make consumers consider these models as the next means of transportation. You can check this ev friendly countries list. These are some of the reasons to buy an electric vehicle.

Huge Selection

In the USA alone, there are 17 models of electric cars and crossovers in the market. The good thing about these cars is that they are going at nearly the same price for regular cars. Some of the new models include Audi e-tron, Jaguar i-Pace, and Nissan Leaf Plus. A lot of new models are expected to hit the market in the coming years.

Eliminate Range Anxiety

Although in the past, it was difficult for an electric vehicle to break 100-mile on a single charge, the new models can run for more than 200 miles with a full battery. In this case, the Teslas are leading the pack. For instance, Hyundai Kona Electric provides a mileage of 258 miles per charge.

Tax Breaks

At the moment you can qualify for a tax break when you purchase an electric vehicle. The tax credit can reduce the cost of your new model by about $8,000. You need to act fast if you want to take advantage of this tax credit. The government wants to repeal these tax credits and eliminate them altogether.

Increased Resale Value

In the past, electric cars have suffered below-average resale values. That is because of the aforementioned federal tax credit that effectively reduces their transaction prices. However, things have changed now, and resale values keep increasing. It is estimated that the resale value will increase by 40% in three years. The fact that you do not have to make trips to the gas station, you can save money by avoiding impulse purchase of various things such as snacks, lottery tickets, and snacks.

Public Charging Stations

A lot of public charging stations are being set up across the country. Although the figure has doubled over the last few years, they are still relatively rare when you compare them with the gas stations. You can find these stations at airports, hospitals, and office buildings. Also, a lot of people are now putting up these stations across the country.…