TOTAL COST OF MY ELECTRIC CAR

EV Channels Review

The reviewer meticulously details the total cost of ownership for their Nissan Leaf after 3.5 years and 54,000 miles, concluding that it was significantly cheaper than comparable petrol or diesel cars. Key cost areas analyzed include fuel, tires, MOT, servicing, and crucially, depreciation. The reviewer highlights the low fuel cost, attributed to off-peak charging, and minimal servicing needs due to the nature of EVs. While acknowledging a recent drop in the Leaf's resale value, the overall depreciation was still deemed favorable compared to internal combustion engine vehicles. The video emphasizes that even with potentially higher upfront costs and depreciation factored in, EVs offer substantial savings, particularly for high-mileage drivers, provided home charging is available. The reviewer's primary motivation for choosing EVs is financial rather than environmental.