Why Ontarians should consider buying an EV this year
Why Ontarians should consider buying an EV this year
Posted on July 15, 2022
Ontarians who aren't sure if they should switch from a conventional gas-powered car to an electric car have a few good reasons to do so.
The first reason is your wallet. Gas prices are going up every day, and if things keep going as they are, a litre of gas could cost $3.50 by the end of the Fall.
Most Canadians need to drive because there aren't any good alternatives, but we're sick of getting ripped off every time we stop for gas. Switching to an EV will help you stop worrying about money for good.
A compelling reason why you should put in a level 2 charger at home
There are three different ways to charge your EV.
Level one is the simplest way to charge. You just plug it into a 110V outlet at home. It could take a few hours or even a few days to fully charge your EV.
Level two charging gives you access to a 220V outlet like the one that powers your electric clothes dryer, but with more amps.
Some car companies and the Ontario government are giving incentives to help you pay for having a licensed electrician install a level 2 charger at your home.
Level 3 charging is available at places like Petro Canada and other places. These stations charge a small fee to connect to the network, but they offer the fastest charging speeds.
Ontario buyers of EVs can get a lot of rebates
There are going to be a lot of rebates that will help bring down the costs of buying an EV. What might surprise you is that the average price of an electric vehicle (EV) is about the same as that of a gas-powered car that drives the same way.
Even though the first-generation EVs were a bit pricey, the big car companies have made smart investments that allow them to make more cars in less time.
It's never been easier to pay for an EV
As EVs become more popular in Canada, more lenders are entering the market and competing for your business. As the market for electric vehicles (EVs) grows, lenders will stop financing only gas-powered cars and start financing hybrids and EVs, which are here to stay.
Since the Ontario car market is heating up, now is a good time to start thinking about making the jump.
You are not alone
One of the worst things you can do is try to buy an electric vehicle on your own. You should go to a dealership near you and look at all of the new and used electric vehicles they have to offer.
If you've never driven an EV before, now is a great time to go for a test drive and see what it's like to drive with only one pedal.
Even if your credit isn't the best, the local car dealership you visit will help you get a great deal. With gas prices going up, no one can wait any longer.
The sooner you go for a test drive, the happier you will be behind the wheel of your brand-new EV, so call the dealership right now.
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