EV vs Gas Calculator
Should I Go Electric?
Run the math on trading in your car for an EV. No ads, no login — everything runs in your browser.
Keeping your paid-off car saves you $23,128 over 5 years
The new EV doesn't break even within a typical ownership window.
Your numbers
Current car
EV details
New
$
$
%
$/kWh
mi/kWh
$
Avg. for EVs in 2025: $150–$300/yr
$
Yes
Annual fuel cost
$3,750
Annual EV charging
$771
Annual total savings
$3,829
Fuel + maintenance
EV monthly payment
$621
Net monthly cost diff
$335
Loan + insurance − savings
Break-even
141 mo
Cumulative cost over time
Year-by-year breakdown
| Year | Keep (cum.) | Switch (cum.) | Difference |
|---|---|---|---|
| 1 | $4,850 | $11,876 | -$7,026 |
| 2 | $9,700 | $20,751 | -$11,051 |
| 3 | $14,550 | $29,627 | -$15,077 |
| 4 | $19,400 | $38,502 | -$19,102 |
| 5 | $24,250 | $47,378 | -$23,128 |
| 6 | $29,100 | $48,799 | -$19,699 |
| 7 | $33,950 | $50,221 | -$16,271 |
| 8 | $38,800 | $51,642 | -$12,842 |
Positive difference = EV is cheaper by that point. Includes fuel/charging, loan payments (both cars if applicable), and maintenance. Excludes registration and resale.