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Service costs for electric cars and light trucks fall to 30 percent lower than their gasoline-powered counterparts at three years on the road, according to the Deepview True Cost Second Owner Study (SOS) recently released by predictive analytics and data company We Predict.
You must have already heard multiple times that EVs are cheaper to keep than ICE cars. Not having oil changes, spark plugs, belts, and other wear components make that seem an obvious conclusion. Thankfully, a company called We Predict created the Deepview True Cost SOS (Second Owner Study) and gave us a new perspective on that.
You may have to pay more in the first year of EV ownership, but by the third it will be cheaper for an EV owner.
Since the hottest news surrounding the automotive industry today happens to be rolling updates about supply shortages, factory downtime, and how it’s not impacting manufacturing profits as much as anticipated, I’ve been diving back into studies and research pertaining to the future of the automotive industry. It’s a little more enjoyable for my own gray […]
A new report from We Predict measures money spent by owners of 2021 model-year Subaru vehicles and other manufacturers in the first three months on the road. It reveals which brands have the lowest service costs. How does the 2021 Subaru Forester, Outback, or Crosstrek compare with other automakers? The Forester compact SUV, Outback midsize SUV, and Crosstrek small SUV did not win any individual segment awards for the lowest service costs. The best-ranked vehicles are the Hyundai Kona (small car), Ford Ecosport (compact SUV), and Nissan Murano (midsize SUV). How does Subaru compare with other...