EV Cost Comparison Tools: Calculate Your Electric Vehicle Savings

EV Cost Comparison Tools: Calculate Your Electric Vehicle Savings

By Michael Anderson

March 19, 2025 at 11:52 PM

Electric vehicles offer significant cost savings compared to gas-powered vehicles through reduced fuel costs, available incentives, and lower maintenance expenses.

Fuel Cost Savings

EV savings calculator tool interface

EV savings calculator tool interface

EV drivers save money by charging at home, work, or public stations instead of paying for gas. The Choose EV Savings Calculator helps estimate potential savings by comparing:

  • Mileage costs
  • Annual fuel expenses
  • Long-term cost differences

Vehicle Cost Savings

EV vs gas vehicle cost comparison

EV vs gas vehicle cost comparison

The purchase price of an EV can be reduced through:

  • Federal tax credits
  • State incentives
  • Local rebates
  • Utility company programs

Use an EV incentive finder tool to calculate available savings in your area for both new and used electric vehicles.

Maintenance Cost Savings

Woman using EV fast charger

Woman using EV fast charger

EVs require significantly less maintenance than gas vehicles. Recent data from Atlas Public Policy shows maintenance savings across vehicle types:

  • Compact Sedan: 40%+ savings on fuel and maintenance
  • Sedan: 39% lower maintenance costs
  • Compact SUV: 40% maintenance savings
  • Mid-Size SUV: 39% lower maintenance costs
  • Pickup: 39% maintenance savings

EVs eliminate the need for oil changes, spark plug replacements, and emissions testing while providing lower overall operating costs.

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