If you’re looking for a new vehicle, you may be thinking about an electric car. Depending on what you’re looking for in a vehicle, and your finances, there is both good news and bad when it comes to electric vehicles (EVs).
EV Prices Are Surging
Buying an electric car or SUV in 2022 will cost you more than similar-sized gas-burning vehicles. Over the past ten years, reports Quartz, the average cost of an EV rose more than 80 percent. EV prices have risen dramatically in the short term as well. Business Insider reports that costs for EVs have risen 22 percent over the last year. …