EV vs Petrol Total Cost of Ownership (TCO)

Calculate and compare the total cost of ownership (TCO) between an Electric Vehicle (EV) and a Petrol car over 5 or 10 years, including running costs and maintenance.

Interactive EV vs Petrol Total Cost of Ownership (TCO)
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Formula & Calculation Methodology

Total Cost (TCO) = Car Price + (Fuel/Power Cost over N years) + (Maintenance over N years). Break-even is when the savings offset the EV price premium.

Frequently Asked Questions

What is EV Break-even?

Break-even is the point in time (or kilometers driven) where the money saved on fuel and maintenance matches the extra amount you paid upfront to buy the EV compared to a petrol car.

Related Tools & Calculators

Fuel Cost Calculator