Average Costs of EV

Average Costs of EV

When you’re choosing your next vehicle amongst all the cars for sale in Baltimore, MD, the price and Volvo financing options available to you are always factors to consider. Wondering about the average costs of Volvo electric cars? Check out our guide below for all the information you need.

In 2022, the average EV cost stood at around $60,000. This increased from the previous year, following the general trend in the broader automotive market. However, the average price of an EV has continued to grow closer to the average cost of other vehicles. As this trend continues into the future, we can likely expect EVs to become available to many more drivers.

Other Costs Associated with Volvo Electric Cars

Energy Costs

One of the primary benefits of choosing an EV is the great value you’ll get for the energy required for your travels. Gas prices are volatile, so an EVs mileage eliminates worry about the price at the pump by removing the need for fossil fuels, helping you get a better value while reducing your environmental impact.

Repairs and Maintenance

Every vehicle requires upkeep to provide the performance that drivers expect. Combustion engines suffer a great deal of wear and tear from the volatile fuel they use to generate power. Electric motors run much more smoothly, generating minimal friction between the various moving parts of the engine. This results in less frequent and costly repairs for EV drivers.

Find Volvo Financing and Quality Electric Cars for Sale in Baltimore, MD

Need to learn more to decide whether or not an EV is the right choice for your next ride? Our team will be glad to tell you more when you come in to visit our dealership. We can show you our quality inventory and also go over the financing options available to get the best deal no matter what vehicle you’re after. Come see us at Koons Volvo Cars White Marsh today.

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  1. Koons Volvo Cars White Marsh

    5395 Nottingham Drive
    White Marsh, MD 21162

    • Sales: (410) 363-3333
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