GEM Vehicles: The Cost Effective Transportation Solution
No matter what GEM model you choose, you'll benefit from the economic impact of driving a battery-electric vehicle. GEM cars cost just pennies a day to operate and are perfect for those short trips you take everyday! The cost of ownership is one-third and the fuel efficiency is eight times greater when compared to their gasoline-powered counterparts, making GEM cars extremely cost-effective and energy efficient.
Owning a GEM Vehicle*
$7,500
Vehicle Cost
$900.00
Insurance
$90.00
Electricity
$8,490.00
Subtotal
($4,000)
Residual
$4,490.00
Total
*Estimated cost of ownership based on a GEM e2 base model vehicle over a three-year period, driving 3,600 miles. Average cost based on independent research.
Owning a Gasoline-Powered Vehicle*
$20,000.00
Vehicle Cost
$3,000.00
Insurance
$450.00
Fuel
$120.00
Maintenance**
$23,570.00
Subtotal
($10,000.00)
Residual
$13,570.00
Total
*Estimated cost of ownership over a three-year period, driving 3,600 miles. Average cost based on independent research.
**Average cost based on manufacturer's recommended maintenance schedule.
