![]() ![]() Or the higher-than-expected cost to install Level 2 home charging, all but essential to owning an EV, might have shrunk your budget for the car itself. Or you might have figured out (accurately) that by the time your new EV’s lease or loan is finished, a wider selection of EVs with much improved technology will be available. You might be just looking for an efficient second car for city use or commuting in high occupancy vehicle lanes, where it makes little sense to pay top dollar for 400 miles of range when a 200-mile EV would serve your needs. Related: Electric Vehicles: Understanding the Terminology There are lots of good reasons not to spend the kids’ college fund on the fanciest, six-figure EV - namely, sending them to college. ![]() So you’ve decided to take a gamble on an electric vehicle, but you’d like to keep the ante down for getting into the game.
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