The electric car is the most profitable of all vehicles, according to UFC-Que Choisir

UFC Que-Chooser has conducted a study on the profitability of cars. The result is edifying: whether new or used, whether for regular or moderate use, the electric car is consistently more profitable than its counterparts. The organization therefore calls on the authorities to highlight this type of mobility.

electric car charging station
Credit: Unsplash

It’s hard to make the right choice when buying a new vehicle. The current movement recommends switching to electric, more environmentally friendly, quieter, more modern. But reality sometimes catches up with these advantages, especially in terms of price, often much higher on the electrical side than on the thermal side. In this context, UFC-Que Choisir has published a new study examining the overall profitability of all cars. The conclusion is clear: electric cars are always more profitable than others.

To achieve this result, the organization calculated all the costs to be expected after the purchase of its vehicle: difference between purchase price and resale price, energy, insurance, maintenance… Taking all these elements into account, the electric car is already the most profitable. The medium-sized models, the most popular for sale in France, cost as well € 7,275 for maintenance over 4 years, or € 1,750 less than petrol cars.

On the same subject: Your mileage costs will be increased by 20% in 2021 if you drive an electric car

The electric car costs less to maintain than gasoline

This figure, which corresponds to new vehicles, is also confirmed for second and third hand vehicles, with respectively € 960 and € 1,190 savings compared to gasoline. The study, which also takes into account hybrid cars, finds that the latter are also more expensive than electric. On average, its maintenance costs the same as for diesels, namely € 8,450 for one and € 8,650 for the other over 4 years.

profitability car UFC-Que Choisir

The difference is also less when looking at the rate of use of cars. A “heavy rider” (from 20,000 km per year according to UFC-Que Choisir) will surely prefer save € 1275 thanks to electricity, while a “small wheeler” (10,000 km per year) will spend € 625 less than thermal car owners. Whether in rural or urban areas, drivers will therefore always pay less on arrival if they opt for an electric vehicle.

The UFC-Que Choisir explains, among other things, that the electric car obtains this economic advantage thanks to the cost of energy. Electricity is indeed 73% cheaper than gasoline on average, over the life of the vehicle. Another factor that works in its favor: the state grants a € 7,000 ecological bonus on purchases until July 1, 2021. Without this subsidy, “The electric vehicle would not be profitable in France before 2025 for small models”, the organization specifies.

profitability car UFC-Que Choisir 2

UFC-Que Chooser calls on government to promote electric cars

However, the UFC-Que Choisir deplores the minority place of the electric car in the French car fleet. Out of 38.2 million vehicles in circulation, 97.7% use thermal technology. Electricity is certainly experiencing a considerable boom, which can be seen in particular by the development of charging stations in France, but it is visibly struggling to convince the general public. For the body, the cause is all found: the consumer lacks purchasing information.

In addition, the very high price of new vehicles is a definite brake on purchasing when it is not possible to know the savings that will be made over the years. “It is therefore urgent to provide information on the cost per kilometer at the time of purchase, in order to easily compare powertrains and accelerate the transition to electric mobility”, believes UFC-Que Choisir, which wants the government to take these measures into account on the sidelines of the vote for the “Climate-Resilience” law.

“In view of the consumerist, environmental and health challenge that mobility represents, the UFC-Que Choisir calls on the public authorities to put in place a series of measures to promote, within the framework of a more moderate use of individual mobility. , the adoption of less emitting vehicles, in particular by improving by law the information given to consumers on the cost of using vehicles ”.

Source: UFC-Que Choisir

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