Calculator

Total Cost of Ownership: EV vs Petrol

Compare the true cost of owning an electric vehicle versus a petrol car over your chosen period. Includes depreciation, fuel, maintenance, insurance, and tax.

Your Details

Save £10,604

£177/month over 5 years

Electric Vehicle

Depreciation£26,250
Energy£36
Maintenance£2,000
Insurance£4,000
VED (Road Tax)£0
Total£32,286

Petrol Car

Depreciation£26,250
Fuel£8,240
Maintenance£3,500
Insurance£4,000
VED (Road Tax)£900
Total£42,890

Savings Breakdown

Fuel Savings£8,204
Maintenance Savings£1,500
VED Savings£900
Total Savings£10,604

Additional Savings Not Included Above

Plug-in Car Grant

Up to £2,500 off at point of sale

Salary Sacrifice (2% BIK)

Save 20-45% on tax and NI

Free Parking

Many councils offer free parking for EVs

Congestion Charge Exemption

Save £15/day in London

Disclaimer: This calculator provides estimates only. Actual costs vary based on driving habits, location, energy prices, and vehicle choice. Depreciation figures are illustrative.