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Some states offer additional incentives to encourage people to buy these vehicles rather than traditional gas-powered ones.

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There are only two states where owning an EV actually costs more than a gas-powered option.

West Virginia, meanwhile, provides the least cost benefits in the negative, in fact.

Leasing costs are also a bit different for gas-powered cars and EVs.

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GOBankingRates reached out to Lauren Fix, a sector analyst atThe Car Coach, about other key advantages.

Heres what she said.

And these are some of the biggest cons, according to Fix.

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Are Electric Vehicles Worth the Money?

But that initial sticker price might deter you from actually jumping in and making the purchase.

That said, these vehicles can definitely be worth the money in the long run.

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According toKelley Blue Book, the average cost of a new electric vehicle is $56,371.

Gas-powered vehicles cost an average of $48,644.

This is easily offset by the $7,500 federal tax incentive qualifying EVs get.

Just be aware that EVs sometimes have expenses that gas-powered vehicles dont.

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