Cost of Ownership Gas vs Hybrid vs EV

Cost of ownership for gas vs hybrid vs EV in the U.S. depends on purchase price, fuel/charging, depreciation, and maintenance. Here's how to compare fairly.

TL;DR Compare total cost of ownership over 5 years—purchase/loan + depreciation + fuel/charging + insurance + maintenance. Gas often has lower purchase and higher fuel; hybrid balances; EV often has higher purchase and lower fuel/maintenance but can have steeper depreciation. Use autopremo.com total cost of ownership and gas vs electric.

Gas vs Hybrid vs EV (Typical 5-Year Cost)

• Gas — lower purchase, moderate to high fuel cost, moderate depreciation and maintenance. Total cost varies by model and miles.
• Hybrid — often higher purchase than gas, lower fuel, strong resale in many models. Total cost can be lower than gas over 5 years for high-mileage drivers.
• EV — often higher purchase, lower fuel and maintenance, federal/state incentives can offset; depreciation can be steeper. Total cost varies by model, incentives, and electricity rates.

Use autopremo.com total cost of ownership and gas vs electric calculator to compare the exact models you're considering.

Compare gas, hybrid, and EV at autopremo.com.

Bottom Line

Compare gas vs hybrid vs EV using total cost of ownership—not just sticker or fuel. Use autopremo.com to see total cost so you choose the option that fits your budget over 5 years.