Electric Cars Pros and Cons: Should You Buy One? | Canstar Blue (2023)

Electric vehicles (EVs) have quickly become a hot topic in the Australian motoring landscape, with more manufacturers coming to the table with new models, and the Aussie infrastructure ticking along to meet demands. But while the vehicular market is heading towards more environmentally-sustainable initiatives, what are the pros and cons of electric vehicles for the average motorist?

If you’re thinking about getting behind the wheel of an electric vehicle, find out what to expect – the good and the bad – with this Canstar Blue guide.

What are the pros and cons of electric cars?

As with any purchase, there’ll be pros and cons. But what exactly are the pros and cons of buying and owning an electric car? We’ve listed a few of the major pros and cons in the table below:

Pros of EVsCons of EVs
  • Less greenhouse emissions
  • Cheaper to run
  • Lower ongoing servicing and maintenance costs
  • Quieter to drive
  • Driving dynamics
  • Additional storage space
  • Higher upfront costs
  • Range limitations
  • Time to recharge battery
  • Lack of charging stations and infrastructure
  • Lack of car models available
  • Resale value

Advantages of owning an electric vehicle

The main advantages of having an electric car include:

  • Less greenhouse emissions
  • Cheaper to run
  • Lower ongoing servicing and maintenance costs
  • Quieter to drive
  • Driving dynamics
  • Additional storage space

Less greenhouse emissions

Arguably the biggest incentive for motorists to get behind, electric cars don’t emit exhaust, meaning they release less greenhouse gas emissions into the atmosphere than traditional combustion engines, reducing your carbon footprint. While the jury is still out as to whether electric vehicles are more environmentally friendly than petrol or diesel engines (as we generally burn fossil fuels to create electricity, which is needed to power the car), electric vehicles at least lower your emissions due to less exhaust.

Cheaper to run

Electric Cars Pros and Cons: Should You Buy One? | Canstar Blue (1)

Electricity is (generally) cheaper than fuel – and less likely to drastically fluctuate overnight – meaning that in the long run, an electric car is cheaper to fuel than a petrol or diesel engine. While how much it costs you to recharge your electric car’s battery will depend on the car’s battery size, your electricity provider and local tariffs, electric vehicles generally work out cheaper than filling up at the bowser. And the other benefit? You won’t have to deal with long lines at the petrol station!

  • Check out our guide to see how much you might save with electric car running costs.
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AGL Electric Vehicle Plan

  • NSW
  • VIC
  • QLD
  • SA

Here is AGL’s Electric Vehicle Plan on our database that includes a link to the retailer’s website for further details. This is a product from a referral partner†. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. This comparison assumes general energy usage of 3911kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

Here is AGL’s Electric Vehicle Plan on our database that includes a link to the retailer’s website for further details.This is aproduct from a referral partner†.These costs are based on the Citipower network in Melbourne but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4000kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

Here is AGL’s Electric Vehicle Plan on our database that includes a link to the retailer’s website for further details. This is a product from a referral partner†. These costs are based on the Energex network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4613kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

(Video) No One is Telling You the Truth About Electric Cars, So I Have To

Here is AGL’s Electric Vehicle Plan on our database that includes a link to the retailer’s website for further details. This is a product from a referral partner†. These costs are based on the SA Power network in Adelaide but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4011kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

Lower ongoing servicing and maintenance costs

Electric vehicles have fewer moving parts than traditional combustion engines, meaning that servicing and maintenance costs are generally cheaper. Tricky parts such as spark plugs, valves, pumps, brakes and oil changes don’t have to be inspected or replaced as frequently – or at all – meaning that dropping your electric car off for a service isn’t as expensive. However, you’ll generally only be able to drop it off for a service at the dealership rather than any old mechanic to ensure you stay within your warranties, meaning you may sacrifice some convenience for a lower bill.

Quieter to drive

The lack of a combustion engine also means that getting in the driver’s seat of an electric car can be a quieter experience, allowing for a more comfortable journey without road noise in the cabin. That being said, some models also add noise for when you put the foot down, meaning you don’t miss out on the engine roar.

Driving dynamics

While there’ll be motoring enthusiasts out there who will prefer to stick to the traditional models, electric cars offer plenty of zip for drivers, with most electric models providing more torque to allow you to get off the mark quicker, as well as offer a smoother drive thanks to the improved torque and lack of gearbox. As the battery is also generally attached to the chassis underneath the floor, the car’s centre of gravity is often lower than other cars, altering the handling when you’re behind the wheel and giving you some additional thrills.

Additional storage space

Electric Cars Pros and Cons: Should You Buy One? | Canstar Blue (2)

While it may not be the deciding factor as to whether you head to your nearest dealership, electric cars generally have space for a frunk – also known as a front trunk – where the engine traditionally sits in a petrol or diesel model. Electric cars generally have the battery pack mounted underneath the floor, and as they require less parts to get started and keep moving, there’s more space for you to put your bags. However, this doesn’t mean that electric cars have the largest storage capacity available, so if you’ve got plenty to pack, be sure to check out what the total storage capacity is before you start playing luggage-tetris.

Photo credit: carsales.com.au

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Disadvantages of having an electric car

The main disadvantages of having an electric car include:

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  • Higher upfront costs
  • Range limitations
  • Time to recharge battery
  • Lack of charging stations and infrastructure
  • Lack of car models available
  • Resale value

Higher upfront costs

A new car isn’t a cheap purchase to make, with this especially true for electric cars. The cheapest electric model currently available in Australia – the MG ZS EV – is still priced at over $40,000, around double the non-electric MG ZS version, with many electric cars costing well over $100,000. The reason behind this price difference is due to how new electric vehicle technology is, and that it’s currently not the most popular option for motorists. However, as the technology grows more popular and more manufacturers make the switch, the high upfront cost is likely to drop in the future.

  • You’ll also have to factor in purchasing charging stations for your house, as well as any infrastructure changes that you may need to ensure that you can charge your electric car at home.

Range limitations

Electric Cars Pros and Cons: Should You Buy One? | Canstar Blue (4)

While this con has largely been addressed, when electric cars first hit the open road, they were limited to a range of under 200km until the battery ran out of juice, meaning most motorists had to stick relatively close to home. However, most modern electric cars can achieve between 300km and 400km on a single charge, with some models able to achieve closer to 600km. However, a wide variety of petrol and diesel cars are able to travel around the 600km mark on a single tank, with some diesel engines even capable of going over 1,500km (although this is dependent on a variety of factors). While you can mitigate some of the issue with a bit of planning, and ensuring you’re charged up before you head off, it is something to keep in the back of your mind if you want to head off on a road trip.

Time to recharge battery

Unless you have a few gremlins under the hood, most of us can simply jump into the car, turn the key and head off. For electric cars however, there’s a bit more planning involved if you’ve got errands to run or a busy weekend ahead, with some electric cars taking well over half a day to fully charge depending on the battery’s charge level and what type of charger you’re using. As a result, having to wait around until your car is charged impacts on the convenience of having a car in the first place, although you can always invest in fast chargers to help cut down on some of the wait time, although this may not suit every household and car model available.

Lack of charging stations and infrastructure

While the technology of electric vehicles becomes more widespread, motorists currently don’t see many charging stations around like they do petrol stations. And even if you’re lucky enough to come across a charging station in a public space like a hotel, it’s not often that you find more than one, so if someone has already jagged it, you may be waiting a while before you can start recharging.

Lack of car models available

Electric Cars Pros and Cons: Should You Buy One? | Canstar Blue (5)

While more manufacturers are slowly coming to the fray, Aussie motorists currently don’t have a lot of variety when it comes to choosing an electric car. While big names like Tesla offer multiple models, and manufacturers such as Audi, BMW, Hyundai, Jaguar, Range Rover, Mercedes, MG, Mini, Mitsubishi, Nissan, Porsche and Volvo each offering some type of electric model, there’s a lot less available than in comparison to the petrol or diesel-powered markets. As a result, you may not find exactly what you were looking for.

Resale value

They say that a car is the biggest depreciating asset that you’ll ever own, and that can particularly be the case with an electric car. With the technology steaming ahead, older electric vehicle models may not be as valuable as owners may hope them to be down the line, meaning if you’re looking to upgrade, you may be left out of pocket when it comes to reselling your old wheels.

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Is it worth getting an electric car?

As more Australians become more environmentally-conscious, it’s no surprise to see that electric vehicles are becoming more commonplace out on our roads. But while there might be plenty of long-term benefits to driving and owning an electric vehicle, the higher upfront costs and lagging infrastructure may continue to prove to be a barrier for many to get behind the wheel of one.

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However, with more manufacturers investing in electric vehicle technology (and pledging to move away from combustion engines), as well as more infrastructure being built in Australia, electric vehicles may become more accessible in the future, meaning there are some benefits to getting in ahead of the curve.

Picture credit: Matej Kastelic/shutterstock.com, riopatuca/shutterstock.com, RossHelen/shutterstock.com, Moab Repubic/shutterstock.com

FAQs

What is the major disadvantage in owning an electric car? ›

These disadvantages include finding charging stations, charging times, higher initial costs, limited driving range, and battery packs can be expensive to replace.

What is the biggest problem with electric cars? ›

The most common problems with electric cars
  • Many drivers report reliability issues with their electric cars — but for the first time, the EV problem rate is lower than the non-EV problem rate.
  • Battery issues, climate control, and in-car electronics are among the biggest problems in electric vehicles.

What are 3 disadvantages of electric cars? ›

Seven disadvantages of electric cars
  • Limited Battery Range. The average petrol car can easily do four or five hundred miles on a tank of petrol. ...
  • Battery Lifespan Concerns. ...
  • Charging Infrastructure Worries. ...
  • Long Charging Times. ...
  • Low Top Speeds. ...
  • More Expensive to Buy. ...
  • Environmental Impact.
Dec 15, 2022

What are the pros and cons of each electric vehicle? ›

Pros and cons of electric cars
Pros of electric carsCons of electric cars
Electric cars are energy efficientElectric cars can't travel as far
Electric cars reduce emissions"Fueling" takes longer
Electric cars require lower maintenanceElectric cars are sometimes more expensive
Jan 18, 2023

How much does it cost to replace a battery in an electric car? ›

Average Battery Replacement Costs

If an EV is no longer under warranty or if its battery is damaged in an accident and isn't covered by insurance, Recurrent estimates the out-of-pocket cost for a replacement ranges from $5,000 to $20,000. The total cost largely depends on the pack, size and manufacturer of the battery.

What problems do electric vehicle owners have? ›

Range Anxiety and Charging Infrastructure

One of the primary concerns for electric car owners is range anxiety - the fear of running out of battery power before reaching a charging station. While the range of electric cars has improved over the years, it is still a valid concern for many.

Do electric cars have lots of problems? ›

The 2022 J.D. Power Initial Quality Study found that owners of electric vehicles and plug-in hybrids reported an average of 240 and 239 problems per 100 vehicles, respectively, compared with 173 for ICE vehicles.

How Long Will electric cars last? ›

Generally, electric vehicle batteries last 10-20 years, but some factors may reduce their lifespan. For instance, batteries may degrade faster in hotter climates as heat does not pair well with EVs.

Do electric cars have problems in cold weather? ›

It's well established that cold weather takes a toll on the range of electric vehicles. That's because the cars must manage both battery and cabin temperatures, causing a significant drain.

Why are people against electric cars? ›

The most common reasons drivers avoid EVs include: fear the battery will run out of charge before reaching their destination, also known as “range anxiety;” fear of too few charging stations, long charge times, and initial higher upfront vehicle costs.

Why are electric cars not the future? ›

Electric-powered cars are not on the road to a renewable and clean future. They are powered by lithium-ion batteries that will pose a real threat to the environment if continued to be manufactured at the rate of current gasoline-powered cars.

Do electric cars have negative effects? ›

The operation of electric vehicles results in brake dust, airborne road dust, and tire erosion, which contribute to particulate matter in the air. Particulate matter is dangerous for respiratory health.

Do electric cars last longer than gas cars? ›

On average, electric cars can last around 200,000 miles or 12 years, which is longer than the lifespan of an average gas car (150,000 miles or 8 years).

What are 3 benefits of electric vehicles? ›

Advantages of Electric Vehicles
  • No fuel required so you save money on gas. Paying $0.10 per kW is the equivalent of driving on gasoline that costs less than $1 per gallon. ...
  • Environmental friendly as they do not emit pollutants. ...
  • Lower maintenance due to an efficient electric motor. ...
  • Better Performance.

Is electric vehicles worth it? ›

The average EPA-estimated fuel economy of new cars is closer to 25 mpg, making for a cost of $13.80 per 100 miles. So an EV would save $9 for every 100 miles driven, or put another way, it would save the average American almost $1,300 in fuel costs annually.

What are the disadvantages of electric motors? ›

Power grid limitations: Electric motors require a stable power grid to operate, making them vulnerable to power outages and other disruptions. Complex control systems: Electric motors require complex control systems to operate, which can be expensive to install and maintain.

How long do electric cars last? ›

Do electric cars lose range over time? Yes, but not as much as you may think or as fast as you may fear. Under current estimates, most EV batteries will last between 15-20 years or 100,000 to 200,000 miles before they need to be replaced, it is more likely that the battery will outlast the car.

How long do electric car batteries last? ›

Today, most EV batteries have a life expectancy of 15 to 20 years within the car – and a second life beyond. It's also worth noting that EV battery technology is still evolving, so as tech develops we expect batteries' lifespan to increase – as well as becoming cheaper, smaller and even lighter.

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