Generally it costs 1 117 per year to run a new gas powered vehicle and only 485 per year to run a new electric one.
Electric car vs gas price.
In the chart below we ve selected conventional vehicles with similar luxury and performance ratings to popular electric cars for a price comparison.
An electric car will save you 632 per year on average over its gas powered counterpart.
For gasoline costs we used the national average price of gas in february 2020.
Whether you are looking at a new or used vehicle or gas versus electric sale price is usually dependant on your location the brand of the car and the type of vehicle.
This calculator is updated regularly and compares the cost of driving a mile on gasoline vs.
Without the need to spend money on gas oil changes filter changes and emissions on a yearly basis electric cars a sought after investment.
In fact most automotive manufacturers have stated that they will put more of an emphasis on electric vehicles and or entirely shift to the ev space.
His chosen electric car uses about 14 7 kwh per 100 km at an average electricity price of 0 30 per kilowatt hour.
When considering overall costs of driving an electric car versus a hybrid or standard gasoline car electric cars are a very good investment financially in the long run.
My honda civic a bigger car than the leaf and not designed for the extra low friction of electric and hybrid cars has been getting 39 mls gal which is 2 0 mj km.
7 but keep in mind that charging your vehicle takes more time and is less convenient than pumping gas and you ll need be able to shell.
Comparing the price of your ev of choice to a similar gas powered car is the best way to understand electric vehicle costs.
The price of an egallon tells consumers how much it costs to drive an ev the same distance you could go on a gallon of unleaded gasoline in a similar car.
Currently there are only 30 purely electric vehicle models to choose from with many manufacturers offering hybrid gasoline electric options as well.
You can directly compare electricity and gas costs when running an electric car vs.
Prices of electric cars vs.
A conventional gas powered car with the department of energy s egallon tool.
When looking into buying a new car budget does the bulk of the work to determine our options.
Gasoline refineries and distribution burn about 15 percent of the energy in the fossil fuel a consideration that raises the number to 2 3 mj km.
2 44 for regular and 3 11 for premium the mini requires the higher grade fuel.