Ontario EV Rebate + Other Advantages of Electric Car Ownership


Since their first inception, electric cars have overcome an incredible level of obstacles, and they have blossomed in popularity. You may be wondering what are some of the reasons that you should buy an electric car and what reasons should you buy one of the more traditional vehicles? Let’s paint a realistic picture of how electric cars work, reasons to buy or not to buy an electric car.

The Positives of Electric Car Ownership

1. No Gasoline to Purchase

As a Canadian, you can expect to pay around 112.9¢ per gallon of gasoline in the Toronto GMA. Compared to plugging in your electric car at the end of the day and letting it charge, you pay one-third the price for charging an electric vehicle because electricity costs much less than gasoline. Since you will most likely spend time charging the car in the garage, you can save extra money if you were to install solar panels in the home.

2. Electric Cars Operate Quietly

Turn the ignition to a traditional car and turn the ignition to an electric car, and you will see a world of difference between the two in terms of noise. Electric cars do away with engine noise almost entirely. You may hear a high-pitched noise from the motor, but the sound doesn’t travel as far, which could make city streets much quieter in the future. In addition, they don’t have as much drag as a regular vehicle, and you lower the winding passage sounds when at higher speeds. This advantage, however, could grow less as manufacturers make batteries cheaper.

3. Ontario EV Tax Rebate

Want to know another advantage of buying an electric vehicle? The Canadian government wants you to go green because it will take care of the environment. Electric cars don’t have as negative of an impact on the environment, nor do they emit as much for greenhouse gases. An electric car doesn’t have the exhaust pipe that traditional cars have, and this means that it leads to zero build-ups and no pollution. As a result, the government is willing to give anyone who buys an electric vehicle tax credit of $7,500. This tax credit depends on the make and model of the vehicle. In addition, you must pay close attention to the fine print and ask your tax professional any questions that you might have.

4. Shorten Your Ride to Work

Anyone who has ever looked enviously at the carpool lane treasures the thought of being able to use it any time they want. When you own an electric vehicle, whether you have someone with or you’re riding solo, you have a right to use the carpool lane, also known as the HOV lane. Let’s say that you live in an area with a heart-pounding level of traffic. You can save hours on your commute to work overtime. Not to mention, it lowers how much stress you feel on the way home.

5. Less Maintenance Cost

Have you ever had to drive your car into the repair shop? If so, you understand how this can potentially cost you thousands of dollars. You want to lower how much this happens as much as possible. Electric cars have become your godsend. Because these cars operate on electricity, you don’t need oil to lubricate the internal parts. In fact, you don’t need anything related to the internal combustion engine. In addition, the brakes on electric cars last longer than what they do with traditional vehicles. They don’t wear out as quickly as with a conventional car because these cars use their friction brakes less aggressively. Also, when you use your brakes, it goes back into the vehicle to charge the battery.

6. Safer, Less Chance of Vehicle Explosion

When looking at the electric car’s pros and cons, an electric car has to pass the same safety standards as what a regular car must pass. Let’s say that an accident was to occur, with an electric car the electricity supply gets cut from the battery in the event of an accident. This keeps you and other passengers from having a serious injury.

The Negatives of Electric Car Ownership

1. Limited Driving Range

Looking at the electric car’s pros and cons, one of the first things that anyone will critique comes down to the range. There’s no way of getting around it. Electric cars have a much shorter range in comparison to their gas-guzzling counterparts. In the past, this problem was even worse where you could only go between 60 to 100 miles before running out of fuel. Nowadays, thanks to revolutionary advances from EV companies like Tesla, you can get a little more mileage from between 150 to 200 miles on average before you have to charge it again.

2. High Cost to Purchase an Electric Car

Some advancements have been made to make electric cars slightly more affordable, but you will still find that these cars come at a hefty cost. Even at the more affordable level, you can expect to pay anywhere from $30,000 to $40,000, and they can run as much as $80,000. Technology has been advancing rapidly, however, and we could soon see these cars for $10,000 to $50,000.

3. Lack of Public Charging Stations

Probably one of the other biggest problems comes from the lack of infrastructure to charge your vehicle. If you live in an area where electric vehicles are more common, you may be able to find more charging stations, but we advise you not to leave the main road. If you need to charge up in these scenarios, you could be in trouble. As the popularity of these cars continues to grow, we’re seeing an increase in the infrastructure for charging stations.

4. Recharging Electric Cars Take Too Long

Another one of the deal-breakers that critics have loved to point out about electric cars comes from the fact that they take so long to charge up. With fuel-powered engines, you fill up your tank with gas and take off. You don’t get that same level of convenience with an electric vehicle. The average electric vehicle will take around four hours to reach a full charge, but you have other electric cars that have taken as much as 20 hours to get a full charge. The advantage is that you do have kits that can cut the charging time in half. However, fast charging stations have also helped to make it much faster than ever before.

5. Unable to Fit Your Entire Family

When you look at most electric cars, they only come with two seats. This has proven one of the biggest disadvantages of going with an electric car because they cost a lot, and you won’t fit your whole family in it after paying that price.

Is It Worth Buying An Electric Car?

How do electric cars work? Rather than using a fuel combustion engine, electric cars take advantage of an electric motor. It uses a large battery pack to make the engine go. In general, you have to decide for yourself if buying an electric car makes sense. If you’re a single bachelor, it might be a great choice, but you also have the other side where if you have a family, it may not make sense. We’ve also seen an introduction of electric SUVs in recent years, and this technology will likely continue to grow with time. Maybe you’d like to get rid of your old car. If you are ready for an upgrade or just ready to get rid of an older vehicle. Fill out our online form or pick the phone and give us a call today!