When to Ditch a Gas Car for an EV: A Financial and Climate Guide

This article examines the financial and climate considerations of switching from a gasoline car to an electric vehicle (EV), using the case of Guadalupe Higuera in Phoenix. - Higuera bought a Chevrolet Equinox EV after federal subsidies ended, questioning if it was financially wise.

- A Department of Energy calculator showed the EV costs slightly more in the first year but becomes cheaper after five years. - Key factors include high mileage, poor gas mileage of the old car, and the expired tax credit.

- Even with depreciation, the EV likely saves money and reduces carbon emissions. The decision to switch to an EV makes sense for both climate and long-term savings, especially for high-mileage drivers.