A Tesla owner has given curious drivers insight into the potential savings of switching to an electric vehicle.
Allen Tran (@allenvert) posted a TikTok showing the estimated amount of money he saved in the first year of owning his Tesla. While he expected higher gas savings, he reduced his monthly fuel costs by about $30. The real money savings was in maintenance, he said.
His previous car was certainly luxurious. However, he said maintenance costs would add up to tens of thousands over a few short years.
“I’ve already put almost 15,000 miles on this car,” he said. “And the only repairs I had to do was to replace two tires on the back, which cost about $600. And the more I drive this car, the more I’m going to save by not actually having to repair this car as much.”
Tran emphasized a big advantage of owning an electric vehicle: the savings. One study found that electric driving can reduce your gas and maintenance costs by up to $8,000.
Many models are becoming more affordable, and the options are becoming more abundant. This makes the switch to an EV more accessible to everyone, and allows more drivers to take advantage of these benefits. In addition, it reduces the amount of dirty and heat-trapping pollution that drivers release.
EV owners can install chargers at home, which can save them hundreds in annual charging costs. Qmerit is helping homeowners interested in installing Level 2 EV chargers by providing free, instant installation estimates.
People can further maximize their savings by bringing home solar, which can reduce their home energy rate to almost $0. TCD’s Solar Explorer is a useful tool that allows homeowners to understand their installation options and save money. Partners like EnergySage can help you save up to $10,000 on installation costs by comparing competitive bids from verified local installers.
Other TikTok users found Tran’s video helpful, saying it clarified the benefits of switching to an EV, and some shared their own savings after going electric.
“No oil changes, no transmission rebuilds, no need for timing belt replacements and engine repairs. I think that’s a huge savings,” said one person.
“Soooo… get solar and get free gas for life? Why not charge at home? Teslas have almost zero maintenance,” suggested another.
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