EV vs. gas total ownership cost calculator
Compare the cost of owning two vehicles, including depreciation, energy, maintenance, insurance, taxes and loan interest.
The full picture.
- EV ownership cost
- $37,500.00
- Gas car ownership cost
- $39,000.00
- EV savings over ownership period
- $1,500.00
Estimates use constant prices, no investment discount rate and your stated assumptions. A negative savings result means the EV scenario costs more.
Assumptions matter.
Are loan payments added on top of the purchase price?
No. Purchase price less resale value accounts for vehicle capital cost. Enter only total loan interest and finance charges, not the loan principal again. Results are undiscounted and do not predict future resale prices.
Are these forecasts of actual costs?
No. The default inputs are examples. Replace them with your tariffs, quotes, driving estimates and expected costs. No fuel, installation or resale price is predicted by the tool.
Example sensitivity
Ownership costs across different holding periods using the example annual costs. Each scenario retains the same example resale assumption; change it for your own horizon.
| Years | EV ownership cost |
|---|---|
| 3 | $31,100.00 |
| 5 | $37,500.00 |
| 8 | $47,100.00 |