Electric cars may be more expensive than gasoline-powered cars, but they are cheaper in the long run. This is because electricity is generally cheaper than gasoline, resulting in savings on fuel costs. In addition, electric vehicles have fewer malfunctions, resulting in lower maintenance costs over time. Best of all, property owners can take advantage of government incentives and tax credits to offset the initial purchase price. Note that the total cost of owning an electric car may vary depending on the price of electricity, driving style, and available incentives. But in the long run, fuel economy and cost savings make electric cars a good choice for many drivers.