EV vs Petrol
Enter the details of both vehicles to compare total cost of ownership.
⚡ Electric Vehicle
⛽ Petrol Vehicle
Cheaper option over 5 years
EV saves $0
EV total: $0 · Petrol total: $0
EV total cost
$0
Petrol total cost
$0
EV annual fuel cost
$0
Petrol annual fuel cost
$0
Break-even point
β
CO2 saved (tons)
0
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| Annual miles driven | 12000 |
| Years of ownership | 5 |
| Purchase price ($) | $45,000 |
| Tax credit / incentive ($) | $7,500 |
| Electricity cost (kWh) | 0.14 |
| EV efficiency (kWh/mi) | 0.3 |
| Annual maintenance ($) | $300 |
| Insurance ($/year) | 1400 |
| Result | Value |
|---|---|
| Cheaper option over 5 years | EV saves $2,480 |
| EV total cost | $48,520 |
| Petrol total cost | $51,000 |
| EV annual fuel cost | $504/yr |
| Petrol annual fuel cost | $1,400/yr |
| Break-even point | 2.5 yrs |
Values shown are produced by this page in your browser; change any input to update them.
How to use the EV vs Petrol
- Annual miles driven β default 12000
- Years of ownership β default 5
- Purchase price ($) β default $45,000
- Tax credit / incentive ($) β default $7,500
- Electricity cost (kWh) β default 0.14
- EV efficiency (kWh/mi) β default 0.3
- Annual maintenance ($) β default $300
- Insurance ($/year) β default 1400
- Purchase price ($) β default $35,000
- Fuel economy (MPG) β default 30
- Fuel price per gallon ($) β default $3.5
- Annual maintenance ($) β default $600
- Insurance ($/year) β default 1200
- Press Calculate to update the results instantly.