Insurance and maintenance costs make electric cars more affordable

Insurance and maintenance costs make electric cars more affordable
The Nissan leaf is the most popular electric car, and it is becoming more affordable, too. Credit: Vauxford

The electric car has increasingly become more affordable for families.

More and more electric cars are priced between 20.000 and 40.000 euro, according to industry calculations. The best-selling electric car, the Nissan Leaf, costs just under 40.000 euro, which is twice the cost of a comparable petrol car like the Opel Astra. But maintenance and insurance for electric cars can be much cheaper.

According to New Mobility, the mobility club VAB calculated that an electric car will cost drivers 5 euro per kilometre while a petrol car will cost 6,5 to 7,5 euro. Some insurance premiums for cars can be up to 30% cheaper, while Nissan Leaf owners can pay 1.175 euro yearly for insurance.

Electric cars are also cheaper to maintain than petrol cars, averaging about 150 euro per year.

In sum, a Nissan Leaf can cost a family 55.840 euro for a 10 year period of driving 15.000 km per year, which is about 5.584 euro per year.

Sam Nelson

The Brussels Times


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