The electrified vehicle has been gaining integers over time. Yes, it is true that it is not yet at its maximum and that there is still a way to go to become a totally optimal modality. But his advancement and growth it is epitomized by the growing development and exposure that makes combustion cars practically a thing of the past.
The electric car already pays off
For this reason, currently the electric car is already beginning to gain ground in several fundamental aspects compared to conventional ones. An increasingly plausible alternative that is seen as one more option than present and immediate future.
And, there are many who are thinking of changing cars. A trend that, although it still does it timidly, is on the rise. Partly due to the good considerations at the time of its purchase with state aid. However, users still have a big dilemma: is it time to get an electric model or is it better to wait for the price to drop and there is a greater deployment of the charging infrastructure?
And it is that, despite having some obstacles that show that they are still in the process of expanding, such as those mentioned charging infrastructures or their still limited autonomies, the truth is that we have a very favorable point in our pocket. We refer to the economic savings that it supposes use an electric car of these characteristics, well before one of gasoline as of diesel.
In fact, and according to the latest reports from Carwow,, after the first months of the launch of the Moves III aid plan, the price difference when buying between a gasoline one and a ‘zero emissions’ is “smaller than ever”. It is one of several.
Costs to use
But, let us start at the beginning. According to a BloombergNEF study, it will be cheaper to produce a battery-powered car than a combustion car from 2027. Specifically, electric vehicles from segments C and D, including SUVs, they will be cheaper to build in Europe than gasoline cars from 2026. Meanwhile, small B-segment cars will have to wait another year.
Thus, some models such as the Kia Niro are barely distant for a few euros. Specifically, the electric version is € 69 more expensive than the thermal version, while after ten years the savings go up considerably. The truth is that all this will be possible thanks to a reduction in the cost of batteries (which could be 58% cheaper in 2030), to the new platforms.
Platforms that are being developed and shared by different manufacturers and specific production lines for this type of car. This is the first of a series of reasons that allow us to say that saving an electric car compared to a gasoline one goes much further. Or what is the same; drive an electric car it already pays off.
The calculations are for a compact mid-range vehicle bought new and sold at age 11, which travels about 14,500 km per year. To estimate the total cost of use we take into account different variables. These are those of the purchase price, the cost of fuel or electricity, insurance, taxes and maintenance costs, which we will detail below.
In total, if we fix numbers, the cost of the electrified adds 56,000 euros in 11 years of use, compared to 65,000 euros for a compact with a gasoline engine. That could be the most noticeable difference, the global one. As such, it represents a saving of 9,000 euros by recharging the car with the normal electricity rate of € 4/100 km.
In your case, the studies also indicate that it can reach 15,500 euros. This if we also benefit from the Moves III aid (7,000 euros for delivering a car to scrap). Hence, acquiring an electric vehicle (new) represents a valuable opportunity compared to gasoline or diesel. But, what concrete figures can we save in each of the variables?
Variables to develop
If we take a look at the electrified market, the first impression will tell us that the purchase price of these characteristics is usually higher than that of an average vehicle that runs on fuel. But it goes with nuances. Because the truth is that, over time, in the long run, this extra cost is offset by the accumulated savings in various examples.
For example, we focus on a more than interesting aspect. And it is that, because the electric car does not present so many fluids that maintain compared to the conventional one such as gasoline, your costs will be lower and the savings will be greater. In addition to the lower cost of the battery, the price squeeze is also due to a greater supply.
Since, with more variety, prices fall and are positioned at levels that are increasingly affordable for the buyer. The intermediate option, that of choosing a hybrid car, also beats the traditional car. These are your keys.
Registration tax
Spain has come a long way when it comes to taxes. In fact, until just over two decades ago, our country considered the new car an ostentatious purchase, which was within the so-called ‘luxury tax’. But everything has been improving and advancing, and although the purchase of some vehicles still carries charges such as VAT, there are others such as the road tax on which electric cars are exempted to pay it.
This tax is a tax rate that taxes the CO2 emissions emitted by the vehicle. This is the first step of saving for electricians: they are all free to pay this rate. In the case of combustion cars that are below emissions of 120g / km, they are exempt from payment, but the figure can reach up to 15% of the taxable base of the vehicle.
By having the objective of taxing the most polluting cars more, the tribute to be paid on a new car ranges from 0 (most electrified) to 14.75%. In this way, less polluting cars are exempt from the tax. A more than significant difference between the new generation and the thermal.
Fuel
Of course, fuel is part of the most exemplary economization. And, with them, we can make tours at more competitive prices. In figures, this means that the vehicle powered by electricity will be up to 10 times cheaper than gasoline or diesel.
Specifically, this variable tells us that we will travel 100 km for just over one euro, compared to the average of 10.5 euros for gasoline cars and 8 euros for diesel. For more or less similar comparisons, driving those 100 km costs about 13 kWh (although it depends on the size of the car). While a car that approves a consumption of 5 l / 100km would do so for 45 kW. Knowing that drivers do an average of 12,000 km per year, this can mean an expense of 12,000 euros per year.
Maintenance
As we mentioned earlier, the electric car does not use as many mechanical fluids, neither in its engines nor in its batteries, compared to what we do find in a conventional vehicle. For this reason, its reserve for our pocket here is also something very important to consider, perhaps the greatest aspect next to the fuel.
Thus, an electric motor only has about half a dozen parts, significantly reducing the likelihood of something breaking. In addition, most modern vehicles do not require an oil change. For these reasons, the maintenance cost of electric cars is, on average, approximately one lower third than that of an internal combustion vehicle.
Compared with gasoline, the electric one supposes a saving in maintenance of 223 euros per year (19 per month) for gasoline and 205 euros per year (17 per month) for diesel.
Insurance
Like other cars, electric cars are required to have, at least, Civil Liability insurance. This given that today the Regulation of the Obligatory insurance Civil liability in the circulation of motor vehicles does not make any distinction for the fuel used by the vehicles.
Thus, electrical insurance for them has a large number of common coverages with traditional auto insurance. But when determining the coverage, there are some specific ones for the electric ones that will come up very well to spend less. Of course, it depends on the vehicle, but, in general, their figures are similar between the same segment.
We see it, for example, with the Zoe, Renault’s electric star. Looking at the different insurers, one to Third Parties for this model could be obtained from 202 euros per year, while for a conventional one it would be around 220-230. In any case, and although in the beginning the insurance of this type of car had a higher price, today it is increasingly more equated with the traditional ones. In fact, insurance prices for them, in many cases, are the same as for a diesel or gasoline car, according to insurance comparator Kelisto.
Free use of parking spaces
Another saving advantage between electric and gasoline has to do with the Zero label of the DGT. Because, the vehicles that incorporate it, will do so as a passport to access without any limitation the center of large cities, 24 hours a day and 365 days a year. And without depending on environmental alerts.
It is this freedom of movement through the center of large cities that is accompanied by free use of regulated parking spaces. Apart from the comfort of parking and getting out of the car without having to look for a payment post or wasting time doing it with the mobile application, it can mean a significant and even definitive saving of time and money, depending on the professional activity that is done.