this post was submitted on 07 Aug 2026
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Electric Vehicles
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[citation needed]
Assuming you're in the US,120V mains outlet charging adds about 5-8 km or 3-5 miles of range per hour. If you're really driving so far every day that an overnight charge won't cover it, an EV surely would be very appealing due to the immense savings on fuel costs.
Using Australian figures because that's where I am and what I know - the average petrol car driver here goes 30km per day and spends $124 per week [1] in fuel. To get a 7-year car loan to buy the cheapest EV ($24,000) costs $83 per week[2] (without any trade in considered, which would lower it further) and charging costs are practically negligible (charging off mains power for that 30km per day is only around $1 of electricity).
In other words, it's literally cheaper to buy an EV on a loan and drive that than to fill up the tank in the petrol car you already have. People think it takes "decades" to break even without doing the maths, but when you actually work it out buying an EV will save money immediately.
Edit to add notes:
[1] According to the Automobile Association affordability dashboard, the average Australian driver paid $93.81 for fuel every week in Q4 2025, when prices were $1.82 per litre. Scaling up for the x1.32 price increase since then, that’s $123.71 per week on petrol for the average driver.
[2] RACV Green Car loan calculator