EVs. They’ve become all the rage recently, with sales jumping by huge amounts year-on-year. This can beg the question: is it the right time to buy one now? Well, if you’ve been wondering about this question, we’ve looked into the pros and cons of buying an EV now. This should help you decide whether it’s time to make this investment for you, too.

Vital Considerations Before Buying an EV

Run a car history check. Unfortunately, there are many unscrupulous sellers about these days. In the best case scenario, these sellers might just be trying to exaggerate the car’s features. However, in worse cases, they could be completely lying about owning the vehicle. So, don’t take a risk with this; make sure you try a car check to verify their claims are accurate.
Take the car for a test drive. Each vehicle runs very differently. Therein, we strongly recommend taking the car for a test drive – if safe and allowed to do so. This can help you double check the car’s right for your needs.

These are just a few considerations to make before buying. But remember, this is an individual choice. So, if you’re not completely confident in your choice, don’t feel that you have to go along with it.

Why Now Might be Time to Buy an EV

There are several reasons to purchase an electric model at the minute. Of course, the specific reasoning will vary from person to person; however some key factors to consider may include the following.

Recent tax announcements in the budget help lower tax on EVs versus hybrid, petrol, and diesel vehicles. Thus, buying an EV now might be cheaper from a tax perspective than buying another type.
Electric cars are starting to fall in price as the tech becomes more plentiful. This can make them much easier to afford for most buyers, be it new or used.
Prices on second-hand and new cars alike typically start to fall at this time of year. Ahead of new model releases in the new year, dealers are typically looking to sell off old stock now. In addition, those looking to upgrade to a new car are often preparing to sell their previous cars now. This helps increase supply and lower prices, thus making now a good time to find a bargain.
Electric cars now have far more technologies than in the past. As a result, they offer an excellent solution for those wanting a modern vehicle. Plus, recent models are often at the forefront of tech; so, there are plenty of great reasons to buy now.
Government tax credits may be available on electric cars. Considering these benefits could help you decide if an EV is right for your needs.

These are just a handful of reasons that now might be the right time to invest in your new electric. However, this choice should always be based on your requirements. If an EV doesn’t meet your needs, don’t take the risk.