Are Electric Cars Worth It?

Ford Focus Electric

A hot topic this month and in coming months will surely be whether all-electric cars, such as the Nissan Leaf, Chevy Volt, or Ford Focus Electric, are worth the expense.

First, 'worth' is highly subjective.  Most people think of worth as a purely financial metric.  Some think of worth in broader terms, considering the environment, helping in building demand for a "morally good" product, whether it employs local people, or other meaningful metrics.

I think the majority fall in between, leaning towards financial.  In other words, most people are willing to pay a small premium if it satisfies one of the other metrics important to you.

So given all of this subjectivity, how can we determine if an electric car is right for you?  Today I'll talk about some interesting ways in which you can make that determination.