Rachel Wolfe

speaker

900 appearances 20 recordings 1 series first heard Mar 2022 last heard May 2024

Rachel Wolfe’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · Does Buying an Electric Vehicle Make Financial Sense for You? · 14 Mar 2022 podcast

It can be a couple hundred dollars if you just need to change the wiring. voice-verified

With older homes, you might have to actually upgrade the fuse box. voice-verified

if there's not enough capacity, and that can run up to $4,000, electricians say. voice-verified

Obviously, you have the upfront costs. voice-verified

You have to consider insurance. voice-verified

And industry experts say that insurance for an EV is likely to be higher than for a standard internal combustion engine vehicle. voice-verified

And that's because the parts and labor voice-verified

needed are more expensive if you were to get into an accident. voice-verified

But maintenance costs for an EV tend to be lower. voice-verified

That's because things like the air filter don't need to be replaced. voice-verified

But if you're talking about the cost just to make the switch, you're going to have to consider are you installing a charging station at home because that can add a few thousand dollars to the price. voice-verified

You have to think about your electricity bill. voice-verified

A lot of the calculation of owning an EV is voice-verified

versus owning an ICE car on the whole depends on where you live, which vehicle you buy, how much you drive, and a variety of other factors. voice-verified

So the overall calculations tend to be imperfect. voice-verified

But Consumer Reports found in a fall 2020 study that the total cost to own an EV versus a gas-powered vehicle is slightly lower during the six-year span drivers own a car on average. voice-verified

So that means that EV owners will see savings between a few hundred and a few thousand dollars during those six years. voice-verified

Where EV owners really start to see savings is over the entire lifespan of a car, which is about 15 years and 200,000 miles. voice-verified

And there, EV owners will see savings in the $6,000 to $10,000 range, according to Consumer Reports. voice-verified

Thank you so much for having me. voice-verified

Showing 881–900 of 900 · page 45 of 45