A Tale of Two Electric Cars - The Exclusive and the Everyday

  • Ruud
  • 2020-08-01 13:29
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A Tale of Two Electric Cars - The Exclusive and the Everyday

Full and crossover electric vehicles are becoming an increasingly popular choice for car buyers. They’re stylish, equipped with some of the auto industry’s top technology, eco-friendly, and often a lot more affordable to own than gasoline-powered vehicles. If perks like these interest you and you’re interested in purchasing a full or crossover electric car, there are some things you want to know first.   

However, there’s a common misconception about electric cars, that they’re boring, not very stylish, and not very exciting. In fact, there’s a whole industry around exclusive electric cars and you might be surprised how luxurious (and expensive) they are.
Exclusive EV
1: Rimac Concept One
This electric car sports a high price ($980,000!) as well as high-performance. In fact, this car left the LaFerrari in its dust during a dragstrip race. Part of the reason this car is so expensive is its power. It has the electric equivalent of 1088 bhp and has a distinct motor working for each wheel. This goes beyond four-wheel drive - this means the car has all-wheel torque vectoring that gives the driver godlike control.

2: Genovation GXE
This car is also expensive ($750,000) but like the Rimac, it brings next-level functionality to an electric car. It’s essentially a rebuilt Corvette Z06 C6 with two electric motors wielding 250kW each. That’s 660 bhp for one of the fastest cars in the world, reaching the speed of 205.6 mph!

3. Mercedes Benz SLS Electric Drive
This pioneering sports car is almost as rare as a Bigfoot sighting, with less than 20 in private ownership. That means that one day it could be worth a not-so-small fortune on an auction block. Like the first entry, the Rimac, this electric car has a motor for each wheel, adding up to 740bhp, combined with 737lb/ft of torque. 0-60mph in 3.9s.

This car has come a long way since its inception and if you can get your hands on one, you’ll own a piece of automotive history.

Everyday EV
Not everyone - in fact, few people - can afford exclusive top of the line electric cars. In fact, most EV drivers are opting for a 2020 Nissan Leaf, or a Hyundai Ioniq Electric, or maybe they’ve got their eye on a 2021 Mini Cooper SE. 
There’s nothing wrong with these cars. In fact, being in the first couple generations of electric car drivers is a point of pride for many people. But before you go down the EV route, make sure you know what you’re getting and how to handle it.
Driving Needs
Before getting into specific details on the electric vehicle, you should consider your needs as a driver. Just as you would with any vehicle, you want to consider things like the number of seats and spacing in the car, the cargo space for storage, comfort level when behind the wheel, and any other features you consider to be a priority or convenience you wish to have (i.e. built-in GPS, Bluetooth capabilities, reverse cameras, parking assist, etc.). 

Operating Range
With gasoline-powered vehicles, buyers often consider the miles per gallon. The idea is to see exactly how far they can get on a full tank of gas. This not only plays into one’s daily commute but their budget. For electric-powered vehicles, buyers should consider the operating range. Essentially, you want to know how far you can commute before having to recharge your vehicle? While older models average 100 miles per charge, newer models can go for about 200 miles. 

Charging Your Vehicle
Powering your electric car will require you to have access to an electric source. While there are some gas stations equipped with public charging stations for your use, the rates are high and the number of available stations with this option is limited. Therefore, you’ll need to consider other methods for charging your ride. 

If you have an easily accessible outlet in your garage or on the exterior of your home, you may be able to plug your car in there to juice it up. Keep in mind, however, that this is the lowest charge voltage (120-volts) and will, therefore, take the longest. For every hour that your car is plugged in, you get about 4.5 miles which means you’d have to charge almost an entire day for a complete charge. 

Another option would be to have car charging stations installed at your residence. These offer a higher voltage of around 240 or more giving you faster-charging results. Because these stations power your electric vehicle quicker, the initial costs will be more expensive than using a typical home outlet, but over time is a lot more affordable than visiting public charging stations. 

Ownership Costs
Last, but certainly not least, before purchasing an electric vehicle you should consider the ownership costs. How much will it cost you to own, operate, and maintain your vehicle? The sticker price for most electric vehicles is a lot higher than gasoline-powered options. Fortunately, there are ways to find the best deals to save money. There’s also the advantage of tax incentives provided to owners that can balance out the purchase price. 

Though you will see a spike in your energy bill, the cost of powering your electric vehicle is also considerably lower than fueling a traditional car. Owners of electric cars also have an added advantage of fewer maintenance costs. With fewer working parts of an electric engine, reduced erosion, and no internal combustion factors to consider, there is less of a need for electric vehicles to be regularly serviced. 

A word of caution for those who plan on keeping their electric cars more than 8 to 10 years, the cost of replacing the battery is steep. As it stands, you’ll have to have an additional $5,000 or more to get a new battery. 

As you can see from the information above, there are a lot of advantages to owning an electric vehicle. Whether you’re interested in doing your part to save the planet or you’re simply looking for an opportunity to save on the costs of car ownership, investing in an electric car could be ideal. Before making a final decision on the vehicle, just be sure you’ve given complete thought to the above-mentioned factors. 

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