That’s right – An average driver could save over $1,000 a year in fuel and maintenance costs by switching to a plug in electric car. And with current federal and state incentives, an electric car may even cost less than the average vehicle to buy – and thanks to something called TCO (Total Cost of Ownership), driving an electric car will actually save you a lot of money long term over a comparable gasoline only car, often costing less to own total than even an “economy” car.
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