When you are looking to purchase a new car, especially for the first time, there are different factors that you might consider. Reviews of the car’s performance, fuel efficiency, interiors, and maintenance are some of the factors that are usually taken into consideration. However, when it comes to purchasing an electric car, you may want to use other parameters due to the difference in the make and functioning of the car.
For similar reasons, you should also look out for different coverage aspects when buying electric car insurance
for your battery-powered vehicle.
Keep reading to know more about tips for buying an electric car.
Tips to Help You Buy an Electric Car
Listed below are some of the things you need to look for before you purchase an electric car:
1. Range of Driving
One of the reasons why people may be skeptical about buying electric cars is due to the driving range of the car. When you drive a petrol or diesel car, you might come across multiple fuel stations on your way in case of an emergency. Also, conventional cars have a large fuel storage capacity. In the case of electric cars, the driving range of the car depends on the battery of the car.
Batteries with a higher storage capacity offer a better driving range on a single charge. However, these cars may be expensive compared to cars with low-capacity batteries. If you are looking for an affordable option, you might have to opt for a car with a low-capacity battery, meaning a reduced driving range. *
2. Usage of the Car
Apart from the driving range, you need to be clear about the purpose for which the car is going to be used. Consider if you plan on using the car within city limits or going for longer distances outside the city as well. A single charge might last an entire day if it is driven within the city. Mid-priced cars might allow you to travel one way on a single charge to another city.
If you are driving long distances and your car runs out of charge, you can avail of emergency roadside assistance with the help of your electric vehicle insurance
, which has the benefit of offering on-spot charging of your battery.*
3. Tax Benefits on the Car
To promote the adoption of electric cars, the government offers various tax benefits apart from incentives to not just the manufacturer and the dealer, but also the buyer as well. Ensure to know what those tax benefits are and how you can avail of them to make the most out of your electric car purchase. *
Tax benefits are subject to change in prevalent tax laws.
4. Charging Type
When you plug in your electric car for charging, you may want the charging time to be less. This can be possible if your car brand offers fast charging for the battery. However, not every brand offers this option due to the cost of the mechanism and the scarcity of the part. Other charging types include standard charging. This varies from brand to brand. *
5. Features Provided
When you are looking to purchase an electric car, ensure to get the best features possible within its price range. This includes amazing interiors, attractive dashboard control, and seat settings, among others. You should also pay attention to the software provided by the manufacturer. The settings offered in the software can help you adjust the different features of the car to your liking. *
6. Cost of the Car
The price of an electric car is based on various factors. The brand, the model, its features, and its battery capacity all play a major role in the pricing factor.
If you are purchasing an electric vehicle for commercial purposes, make sure to know how its cost affects the price of its electric commercial vehicle insurance
*Standard T&C apply
While these are just a handful of tips you can take help of, make sure you do thorough research about the brand whose car you are looking to purchase. To provide overall financial protection for an investment like this, get the right car insurance for it.
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.
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