Is 2024 The Right Time to Buy A Luxury Electric Car?

Luxury electric car charging at an EV point.

For a long time, the question from many has been whether it’s the right time to invest in EV technology. While impressive, electric cars have suffered from poor infrastructure and limited range for some years. Well, if you’re in the market for a luxury or high-performance electric car, 2024 looks set to be your year. Our experts are exploring why.

New Electric Supercars Hitting the Market in 2024

Potential delays aside, 2024 is due to see the arrival of several groundbreaking electric supercars, each promising a blend of luxury, performance, and cutting-edge technology. Models like the Lotus Eletre, Maserati GranTurismo Folgore, and the Rolls Royce Spectre will redefine what we expect from high-performance electric cars. These vehicles aren’t just about minimising emissions; they’re about delivering an exhilarating driving experience without compromise.

Advanced EV Technology

The continuous advancement in EV technology means that these new electric supercars boast longer ranges than ever before. For instance, the all-new to 2024 Audi A6 Avant e-Tron will have a range of around 435 miles. This improvement addresses one of the major concerns that potential buyers have had in the past: range anxiety. With these advancements, owning a luxury electric car becomes not just a statement but a practical choice for daily use and long journeys alike.

Increased Access to Charging Points

Another significant development is the increased availability of charging points, particularly in urban areas and along major travel routes. This expansion greatly enhances the convenience of owning an electric vehicle, ensuring you’re never too far from a charging station.

Economic Benefits: Lower Congestion and Road Tax

Owning a luxury electric car in 2024 also comes with several financial perks. London and other cities offer lower congestion charges for electric vehicles, making them ideal for the urban commute. And if you still need more convincing, electric vehicles currently don’t need to pay road tax either. This is due to change in 2025, though it’s expected that road tax for electric cars will still typically be lower than that for their petrol counterparts.

Specialist Electric Car Insurance from Prestige

With an exciting range of electric supercars to choose from, we believe 2024 is the best time yet to invest in EV technology. But of course, with such valuable assets, ensuring your vehicle is suitably protected is essential. At Prestige, we offer bespoke electric car insurance to ensure your luxury vehicle has all the cover you need. As a Chartered Insurance Broker, Our policies safeguard against various risks unique to these advanced cars, giving you peace of mind that you’re protected should the unexpected happen.

Are you interested in learning more about what makes our luxury electric car insurance stand out, or want to get a free quote? Don’t hesitate to get in touch. Our experts are always on hand to help. Give us a call on 01202 754900.