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Find out why EV ownership has cheaper running costs than a gasoline-powered vehicle.
$
%
$
Loan Term
$
%
$
Loan Term
Estimated Budget
$
515/mo
Listed price
$40,000
Monthly budget
$556/mo
Down Payment
-$8,000
Est. Trade-In Value
$0
Total
$37,106 or $515/mo
Cost to drive
miles
$
/gallon
$
/kWh
Savings over 5 years: $4690
Electricity cost per year
$406/ year
Gasoline cost per year
$1344/ year
$
%
$
Loan Term
$
%
$
Loan Term
Estimated Budget
$
515/mo
Listed price
$40,000
Monthly budget
$556/mo
Down Payment
-$8,000
Est. Trade-In Value
$0
Total
$37,106 or $515/mo
Cost to drive
miles
$
/gallon
$
/kWh
Savings over 5 years: $4690
Electricity cost per year
$406/ year
Gasoline cost per year
$1344/ year
The finance calculator estimates are for convenience only and are not a finance offer or credit guarantee. The estimate excludes taxes, title, registration, vehicle sale, and financing fees. Costs may vary within states. Comparison vehicles are based on average EV and gasoline consumption rates.
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