One factor that’s important to consider is the servicing.

What should you expect?

How much does it cost?

parked vehicles in front of Tesla building

Comparatively, an electric vehicle doesnt have an engine that ignites fuel the way a gasoline vehicle does.

Instead, it uses electric motors powered by the battery to rotate the tires.

The fewer moving parts in an electric motor means an EV is easier to maintain than an ICE vehicle.

A mechanic working on a car

Finally, ICEs and EVs both use liquid coolant.

Just like gas cars, EVs need to have their tires rotated every 10,000 miles or once per year.

How Much Do EVs and ICEs Cost to Service?

White Nissan EVs charging

Electric vehicles are significantly cheaper to service, with an average lifetime cost of $4,600.

Another advantage of driving an electric vehicle is that you will save more on fuel.

On the flip side, it could be expensive to replace the battery pack of your EV.

man in blue suit servicing a car

It costs between $5,000 and $7,000 to replace a Tesla battery module.

Electric vehicles are also pricier to insure than ICE vehicles.

On top of this, software upgrade and repair costs should be factored in for some EVs.

Electric vehicles have longer maintenance intervals than gas-powered cars.

They’re also cheaper to service, and charging an EV is cheaper than refueling an ICE car.

Nevertheless, gas-powered vehicles are cheaper to repair and insure because they have better availability of spare parts.