Finance•5 min read•10 views
Is it the Right Time to Buy an Electric Car?
Q
Qatray Team
Published in Finance
With petrol prices fluctuating, many are considering the switch to electric. We calculate the total cost of ownership for popular EV models versus petrol cars. While the initial cost is higher, the savings on maintenance and fuel can be significant over five years. We also look at the resale value of EVs in the current market.