EV/ICE Calculator
AI Smart Fill
Best Option: EV 1
EV 1 has the lowest total cost over 10.0 years at $47,862. That's $17,425 cheaper than Gas 2 ($65,287). Cheapest cost per mile: $0.040/mi.
EV 1★
$47,86210.0yr totalAnnual$980
¢/mi$0.040
Loan/mo$518
Gas 2
$65,28710.0yr totalAnnual$2,829
¢/mi$0.136
Loan/mo$533
Shared Parameters
Annual Miles Driven
1,00050,000
Total Miles of Projected Ownership
10,000500,000
Vehicles (2/5)
Payment Method
$0.00$200,000.00
$0.00$15,000.00
$0.00$34,500.00
025
1284
Total Interest Paid$3,562
$0.05$0.60
1.56
Payment Method
$0.00$150,000.00
$0.00$32,000.00
025
1284
Total Interest Paid$5,002
$1.00$8.00
580
Charts
Total Cost of Ownership
Cumulative cost over the projection period
- EV 1
- Gas 2
Annual Running Costs
Yearly fuel, maintenance & insurance breakdown
- EV 1
- Gas 2
Cost Per Mile
Fuel-only vs all-in cost per mile driven
- EV 1
- Gas 2
Financial Comparison
| Metric | EV 1 | Gas 2 |
|---|---|---|
| Total Cost (11yr) | $47.9K★ | $65.3K |
| Acquisition Cost | $38.1K | $37.0K★ |
| Total Interest Paid | $3.6K★ | $5.0K |
| Monthly Payment | $518/mo★ | $533/mo |
| Annual Running Cost | $980★ | $2.8K |
Total Cost Breakdown
- EV 1
- Gas 2
Overall Cost Comparison
EV 1
$47.9K
10.0yr TCO
Energy/yr$480
Maint/yr$500
¢/mi$0.040
Gas 2
$65.3K
10.0yr TCO
Energy/yr$1.6K
Maint/yr$1.2K
¢/mi$0.136
Annual Cost Components
- EV 1
- Gas 2
Efficiency Comparison (MPG vs kWh/mi)
| Metric | EV 1 | Gas 2 |
|---|---|---|
| Vehicle Type | Electric | Gas |
| Cost-Equiv MPG (gas ÷ ($/kWh ÷ mi/kWh)) | 95 Cost-Equiv MPG★ | 28 MPG |
| Energy Unit Price | $0.14/kWh | $3.8/gal |
| Fuel Cost/mile | $0.0400/mi★ | $0.1357/mi |
| Annual Energy Cost | $480★ | $1.6K |
Cost-Equivalent MPG
How far each vehicle travels per dollar-equivalent of fuel cost. Formula: Gas Price ÷ (Electricity Price ÷ EV Efficiency). Higher is better. Reference gas price: $3.8/gal.
- EV 1
- Gas 2
Fuel Cost Per Mile
- EV 1
- Gas 2