Cost of Ownership Calculator (TCO)
Compare the total cost of ownership between electric and gas vehicles
Electric Vehicle (EV)
Gas Vehicle
Cost Comparison
Electric Vehicle: Custom EV
Gas Vehicle: Custom Vehicle
Total Cost of Ownership (5 Years)
EV
$0
Gas
$0
Total Savings with EV
$0
Break-even approx. 0 years
Environmental Impact
0 metric tons CO2 saved
Equivalent to approx. 0 trees
Cost Breakdown
Initial Purchase Price
$40,000$30,000
Federal Tax Credit
-$7,500$0
Fuel Costs
$0$0
Maintenance Costs
$0$0
Insurance Cost
$0$0
Residual Value After 5 Years
$0$0
Total
$0$0
About This Calculator
This calculator uses data from the U.S. Department of Energy's fueleconomy.gov database to provide comparisons between electric and gasoline vehicles savings on fuel costs and emmissions.
For the most accurate results, enter vehicle details and adjust the advanced settings to match your vehicle information.
*Insurance and depreciation rates are based on U.S. national averages (source: iSeeCars, Kelley Blue Book 2024). Actual values may vary by vehicle, location, and driver profile. For more accuracy, input rates in the Advanced Settings at the bottom.