Is now the time to consider an electric vehicle?

As we move into 2023, the question of whether it's time to consider an electric vehicle (EV) is still relevant. While the Australian government's fuel excise was temporarily halved in 2022, which expired in September, fuel prices have surged back up. So, if you're considering an EV, here are some things to keep in mind.

Benefits of driving an EV

There are a few substantial advantages to getting an EV - whether it’s full or hybrid.

First, you’ll be paying much lower running costs. But not just at the fuel pump. Because there are much fewer ‘moving parts’ in an EV, the maintenance scheduling is much cheaper and more straightforward.

They can often also deliver a fair amount more performance than their ICE counterparts. Put your foot down and you’ll get an instant throttle response, making their acceleration abilities an absolute blast to experience. Add the ultra-quietness and super-smooth ride qualities and their overall drive quality is hard to match.

You can also feel good because you’re doing your bit to help the environment and playing your part in Australia meeting its emission targets.

What to consider before taking the plunge

So with all of these pros, it’s a pretty simple decision… right?

Well actually, it completely depends on your individual circumstances as to whether you should get yourself an EV. Some of the questions you need to consider first are:

• Do I have the necessary outlets set up at home for an EV?
• Are there enough charging stations around my place of work, local shops and places I visit often?
• Is the range of the EV I’m interested in enough for me to get where I need to go?
• Would a full EV or a hybrid be better for my needs?
• Will I need to have a ‘backup’ ICE car just in case?

Financing your new Electric or Hybrid Car

Financing your new EV is another consideration. At Stratton Finance, we offer over two decades of experience and a substantial lender network to find you the best car finance deal that aligns with your needs.

Whether you're after a full EV, a hybrid, or an ICE car, we have the expertise to find you the best option.

In conclusion, with the potential for fuel prices to surge again, it's worth considering an EV. However, it's crucial to assess your individual circumstances and financing options before making a decision. If you're interested in an EV or any other type of car, contact us at Stratton Finance to find the best car finance deal for you.

Call us today on 1300 787 288 to discuss your new car. If you’re short on time, message us online and we’ll be in touch at a time that’s more suitable for you.