A sudden rise in the demand for electric cars has left many automotive companies no choice but to make electric versions of their most popular models.
Tesla is in the lead when it comes to electric car technology. Since the release of its Model S in 2012, there are many other models of electric cars that have been created by Tesla.
It comes with many amazing features. Tesla resale value is increasing with time, and it has encouraged buyers to choose this German model. Generally, the value of cars significantly decreases the second they leave the showroom.
Learn about the economics of buying a Tesla and why the resale value is soaring.
What is an Electric Car?
Unlike conventional vehicles, electric cars use an electric motor to function. They do not use petrol or diesel-powered engine to run.
Contrary to this, their electric motors are powered by electricity that comes from batteries or a fuel cell. However, this is not the only way that electric vehicles function.
There is another vehicle type known as “Plug-in hybrids” that have a diesel engine or petrol as well as an electric motor. The electric motor is charged by plugging in the battery. Battery only electric vehicles rely completely on electricity.
Hydrogen fuel cell vehicles convert hydrogen gas into electricity using an electric motor.
Why is Electric-Car Resale Value Rising?
Original electric cars garner a great deal of attention and appreciation. There’re a number of factors that are involved in increasing the resale value of electric cars.
The fact that they don’t use the conventional engine while running or performing on roads has somewhat contributed to this increase in electric care resale value.
There are also several environmental benefits of owning an electric car.
These benefits can help you in eliminating the environmental problems that become the cause of many diseases including cancer.
The federal tax, low demand in the market and limited operating range of electric cars have led to a decrease in the resale value of electric cars. However, recently a change is seen where there has been a rise in electric car resale value.
Due to its mileage range and reduction in depreciation, the electric car resale value is rising.
Initially, the cost of buying an electric car is high. That is true for any car, though.
Where the electric car comes into its own is the savings you make when you are charging your car rather than refilling with petrol. Having an electric car can help you save up to $700 a year in fuel costs. You can also reduce commercial fleet operation costs with these three simple ways.
Tesla resale value has increased a lot, and it stands on top among its competitors. While you can enjoy several benefits of owning an electric car, there are additional benefits that come with Tesla.
Tesla’s mile range along with its amazing futuristic features catch your attention.
A comparison between Tesla Model 3 Versus Used Model S can help you choose a car that lies within your budget. Apart from this, there are many other models of Tesla’s out there. You can choose the one that you find best.
What Kind of Electric Car Should You Buy?
There are many types of electric cars. However, which one to buy depends on your budget and liking.
If you are considering buying Tesla due to the Tesla resale value, then you have many options. Following are some of the options that you can consider while buying an electric car or Tesla electric cars.
- Plug-in hybrids: Compared to conventional vehicles, it gives you low fuel cost and amazing environmental performance. You can charge them from an outlet, and it gives you a greater mileage range. They are best for long trips. A regular 120V outlet is sufficient for drivers to charge the battery — this way they do not need to park the car and find an outlet.
- Battery-electric cars: As it runs on a battery you need to be aware of its requirements. There are public and workplace charging stations that are readily available making charging convenient for drivers. They replace petrol and have no tailpipe emissions. These are ideal for people who take short trips frequently.
- Conventional hybrids: As the word “hybrid” suggests, they have the range of conventional vehicles but come with the efficiency of an electric motor car. The power is given through diesel or petrol, so non-plug-in hybrids are not considered electric cars.
How Tesla Vehicles Benefit You?
Whether it is the Tesla resale value or the Tesla mileage range, there’re a number of factors that can encourage you to buy a Tesla. Some of those reasons are given below:
The battery range that Tesla offers has no parallel. No other car company has managed to manufacture a battery that is anywhere near Tesla’s battery.
Model S, for instance, can run up to 1610 kilometres (1000 miles).
This mileage is from a single charge; with a fantastic battery life span up to 8 years and a total of 160,000 miles.
It is worth considering buying a Tesla for the mileage range alone.
As there’s no engine in the front, it gives a lot of room to put things if you’re going on long trips. It gives you more space for keeping luggage, grocery bags, etc.
You can find a trunk under the hood that again can be used for many purposes. Even if the car is fully loaded, its performance would isn’t affected.
Fast and Furious
Unlike the movie though, electric cars are fast. Its engine layout gives one motor for each wheel. This equals quick acceleration and high speeds.
You can compare its speed with conventional petrol cars, and you will find that Tesla electric cars offer higher speeds and quicker 0-60mph times.
If you choose to purchase a Tesla electric car, you will feel the comfort in driving.
If you prefer to drive in peace, then Tesla is the best option. However, the technology in the car is ingenious; the car makes sure that you don’t fall asleep.
If you do, its audio and visual system will try to wake you up. Even if you have fallen asleep, the car will make sure that you do not hit anyone. The sounds will get louder until you wake up.
We do not recommend driving while tired; however, this feature could be lifesaving in the event of an accidental nap at the wheel.
This is one of the reasons why you should buy an electric car. They do not emit any gas or fumes. They are environmentally-friendly.
If you install a home charging port in your driveway or garage, consider where your electricity comes from to charge the car.
Making use of solar or wind power is much better for the environment then charging your electric car on electricity produced by fossil fuels. Using electricity from fossil fuels defeats the purpose of the electric car.
Electric cars also help in reducing air and noise pollution.
Easy to Recharge
The most amazing feature that comes with Tesla electric cars is the convenience of recharging. You can use Tesla charging stations that are easy to find on a map inbuilt in your cars computer system.
Apart from this, you can also charge it at home by using a household charging station that is often installed in the garage.
These are some benefits that come with buying a Tesla electric car. The Tesla supercharger network and all that you need to know about it is here.
With the Tesla mileage range and Tesla resale value, you can make an informed decision about purchasing an electric car. You should consider buying an electric Tesla car so that you can save both money and the environment.
Electric Cars are the Future
Recently, there has been an increased demand for electric cars due to the increasing concern for environmental pollution. Tesla is leading the charts and has become the favourite of buyers.
The Tesla resale value has encouraged many people to invest in the car. It is environmental friendly as well as reduces the cost of fuel and other expenses.
If you want to know about electric cars and their cost, then contact us, and we can help shop for the perfect electric car to suit you.