This tool helps answer the question:
  • Is an electric vehicle (EV) better than a gas car in saving the cost of driving, considering the subsidy, electricity, fuel, insurance, maintenance, and depreciation?
Vehicles Info clear
Electric
Gasoline
Purchase price including tax, financing charge, and all kinds of purchase and registration fee, excluding government subsidy (input next)
Government subsidy
Battery / fuel capacity kWh gallon
Electric / fuel price ($) /kWh /gallon
Miles per gallon (MPG)
Full range miles miles
Full-range fuel cost
Fuel cost per mile
Total miles to drive
, causing depreciation
Maintenance cost
per 10k miles
per 10k miles
Monthly insurance cost
Monthly miles to drive
Total drive time
Comparison Results
Monthly cost
Electric
Gasoline
Fuel & insurance cost
Maintenance cost
EV monthly saving:
Depreciation
Total cost
Electric
Gasoline
Fuel & insurance cost
Maintenance cost
Depreciation
Total cost to drive
EV total saving: