✏️ Update: November 18, 2024
It’s been a while since I took the plunge and bought my Tesla Model 3. Back then, buying an EV was still a relatively new concept for many. But times have changed, and the electric car revolution is in full swing.
While some of my original points still hold true, there’s a lot that’s new in the world of EVs. So, whether you’re a seasoned EV owner or just starting to consider making the switch, here’s an updated look at a dozen things you should know about buying an EV in 2025:
1. Going Green is Getting More Affordable (Sometimes)
While my Model 3 Long-Range was a significant investment, the good news is that EVs are becoming more affordable. Many new models are hitting the market with lower price tags, and used EVs are becoming increasingly available. Plus, with companies like Hyundai, Kia, and Ford heavily investing in their electric fleets, there are more options than ever. Government incentives and tax credits can help make the switch more budget-friendly. It’s also worth noting that the prices of traditional cars have been climbing. It’s crucial to research the specific models and incentives available in your region, as they can vary significantly.
2. Subsidies: Know the Fine Print
I had factored in a Government subsidy of $5K to purchase my Model 3. I was disappointed to find out that the trim I had chosen did not qualify since its price did not fall below the threshold set by the Canadian Government. Incentive programs are constantly changing, and eligibility criteria can be complex. Always do your homework and confirm your chosen EV model qualifies before you buy.
3. Buying Online: The New Normal
Buying my Tesla online was a novel experience back in 2022. Now, it’s becoming increasingly common. Many manufacturers offer online ordering and direct-to-consumer sales models. While this can streamline the process, be sure to research the details, including delivery options, potential fees, and return policies.
4. Connectivity Costs: Still a Factor
Many EVs, like Tesla, offer premium connectivity features for a monthly fee. These can include streaming services, live traffic updates, and enhanced navigation. If these features are important to you, factor those costs into your budget. But if you’re content with basic Bluetooth connectivity for your phone, you can avoid these recurring charges. The going rate for Tesla’s Premium Connectivity is CAD 13.99 per month.
5. Full Self-Driving: Promises and Progress (and a Glimpse into the Future)
Tesla’s Full Self-Driving (FSD) capability has been a hot topic (and a bit controversial). While it’s still not fully autonomous, it has seen significant advancements. However, it remains a pricey add-on. If you’re considering FSD, carefully weigh the costs and benefits, and stay informed about its ongoing development. You can take advantage of promotional FSD trials to see if it’s a feature you are willing to pay for.
Even with the advancements in FSD, it’s clear that truly autonomous driving is still a work in progress. But it’s exciting to imagine a future where our cars can navigate complex roads and traffic situations on their own, freeing us from the task of driving. Companies like Waymo are already making strides in this area, with their driverless vehicles navigating the streets of San Francisco and other cities. While we might not be there yet, the dream of fully autonomous driving is getting closer every day.
6. Charging Logistics: More Options, But Still Challenges
The charging infrastructure has vastly improved in the past two years. Public charging stations are more common, and charging speeds are increasing. However, challenges remain, especially for apartment dwellers or those without dedicated home charging options. Research the charging infrastructure in your area and consider your specific needs before making the switch. While Tesla cars have access to the extensive Tesla Supercharger infrastructure, the charging logistics for other EV vehicles will vary based on models and interoperability.
7. Gas Prices? Who Cares?
One of the biggest perks of EV ownership is never having to worry about fluctuating gas prices. With rising fuel costs, the savings can be significant. Plus, you’ll be reducing your carbon footprint.
8. Software Updates: EVs Are Computers on Wheels
Just like Tesla, most modern EVs receive over-the-air software updates. These updates can add new features, improve performance, and even enhance safety. However, be aware that updates can sometimes require a Wi-Fi connection for download, which can be challenging in certain situations (like my underground parking spot!).
9. Battery Tech: Range and Longevity
Battery technology continues to improve, with longer ranges and faster charging times becoming the norm. However, “range anxiety” is a real concern for many EV owners. It’s still essential to understand how factors like driving habits, temperature, and battery age can affect your EV’s range and plan your trips accordingly.
10. The Dynamic Dashboard: Embrace the Tech
EVs often have sleek, minimalist dashboards dominated by large touchscreens. While this can be a bit daunting at first, it also offers a more intuitive and customizable driving experience. Be prepared to embrace the technology and learn the ins and outs of your EV’s interface.
11. Keyless Entry: Convenience with a Caveat
While smartphone-based keyless entry is convenient, it’s wise to keep your physical key card handy. Software glitches or phone issues can sometimes prevent you from accessing your car, and you don’t want to be stranded.
12. Regenerative Braking: A Different Driving Experience
Regenerative braking, which captures energy when you decelerate, is a hallmark of EVs. While it might feel strange at first, you’ll quickly get used to it and appreciate the efficiency boost it provides.
Driving into the Future
The electric car landscape has changed dramatically in just a couple of years. With more models, better technology, and increasing affordability, there’s never been a better time to consider buying an EV. But it’s crucial to stay informed and do your research to ensure you’re making the right choice for your needs and lifestyle.
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