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EVs you should consider test driving in 2022

EVs you should consider test driving in 2022

If you are thinking about buying an EV, 2022 is the year to make the switch. We could go on about which EVs are the best, but that is kind of like telling you which shoe is best suited for your foot.

The only way you can determine which one is the right one is to test drive it.

We are going to cover some of the key things you need to bear in mind when shopping for an EV in Canada.

Do you have a good credit score?

The first thing we need to address is your credit score; the average price for an EV can easily top $30k; if your credit is bruised, you should take this opportunity to work on it.

By working on your credit now, it helps make things more affordable going forward.

Sign up for free credit monitoring facilities like Credit Karma, it lets you monitor your credit report and score for free.

The credit score that these apps provide is not an exact representation of your credit score because each lender and credit reporting agency (there are two in Canada) has its own unique scoring model.

If your credit score is low, the likely cause is you are carrying too much debt. The best way to solve this problem and save money in the process is to start paying down your debt.

This would be a great time to create a budget if you don’t already have one in place. A budget will let you know how much cash you have available to settle your current and projected debts going forward.

Is your home ready for a level 2 charger?

If you have an older home with a 100-amp electrical panel, it may be time for an upgrade.

Don’t worry; there are rebates being offered by the government and different carmakers that will help you offset the costs of making this transition.

You cannot do this installation on your own; this is electricity we are talking about, which poses a fire and a risk of death if not handled by a licensed electrician.

The immediate benefit of having a level 2 charger installed in your home is being able to refuel your car by simply plugging it in at the end of the day.

Securing the best deal on a new EV

No matter where you are living in Canada, if you truly want the best deal on an EV with financing terms that don’t break the bank, you need to work with a dealership in your area.

The dealership will be able to help secure financing that you could not find anywhere else, no matter how hard you looked.

The dealership has tremendous negotiating power when dealing with lenders; even if your credit is lousy, the dealership can get you approved.

Now that you know how to get a great deal on an EV, this would be the perfect time to contact a local dealership and schedule some test drives, frankly speaking, you have nothing to lose and will be amazed by the EV driving experience.

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Categories: EV motoring