Obviously the shocking, no pun intended, part of this is that electric vehicles will cost their owners on average $123 in the first 90 days. That’s more than twice as much as the average gasoline vehicle ($53) and almost triple a hybrid’s costs ($46). But we should remember that this is only an average, and these numbers alone don’t mean unreliability.
A vehicle can have fewer visits to the shop, but for more money. Luxury brands, and EVs are sort of in this category, have more expensive parts. Mass market EVs are also still in the early phases, we can admit, and both labor and parts will eventually get cheaper.
“As expected, parts for some of the luxury import brands are more expensive than parts for non-premium vehicles,” said Renee Stephens, vice president of North American operations for We Predict. “But it’s not just parts that can drive costs up. Some vehicles are simply more challenging to repair. A $50 part that takes several hours to replace can result in a repair bill in the hundreds of dollars.”