ClutchCalcs

Tech & Energy

EV vs Gas Total Cost of Ownership

EVs cost more upfront but less to operate. Find break-even and total savings over 10 years.

EV 10-yr savings

EV total cost
Gas total cost
Break-even year

FAQ

Maintenance numbers? +
EVs average $600/yr (tires, brakes, cabin filter). Gas cars average $1200/yr (oil, brakes, tune-ups, transmission). 10x difference adds up.
Tax credits? +
Federal IRA: $7500 for new EVs (income/MSRP limits), $4000 for used. State credits vary $1000-7500. Enter EV price AFTER all credits.