Making Cents: Is buying an electric car going to save me money?

The SEAI is calling on motorists in the market for a new car to seriously consider making the change to an electric vehicle

The total cost of an electric vehicle over 10 years is €1077 less than a petrol car.

While we understand the importance of doing the right things to help the environment, when it comes to making major decisions like buying a car, the financial implications tend to play a bigger role in our decision.

The Sustainable Energy Authority of Ireland (SEAI), the authority tasked with helping householders, businesses, communities and government create a cleaner energy future, understands this. It is calling on motorists in the market for a new car to seriously consider making the change to an electric vehicle (EV) in 2021 and highlighting the financial incentives in place as well as the significantly reduced running costs.