Electric Car Vs Gas Cost

The cost of owning and operating an electric car vs.

Electric car vs gas cost.

This guide released by the u s. Today electric cars can be purchased in the 10 000 to 15 000 price range for very basic entry models and go all the way up to over 110 000 for some of the most. Even if you double your electric rate to 20 cents per kwh your ev recharging cost will be 50 to 66 dollars a quick comparison with an average gas car from kelly blue book yields a. Department of energy and the epa assumes that the average person drives approximately 15 000 miles per year.

An electric car comes out to be 9 83 per 100 miles for a gas car and 5 27 per 100 miles for an electric vehicle. 7 but keep in mind that charging your vehicle takes more time and is less convenient than pumping gas and you ll need be able to shell out more money for the initial purchase. Gas car is one of the most important considerations when you re looking to purchase as energy sage points out. The cost of electricity is much more stable than the cost of gasoline but it varies tremendously in the u s.

However some electric cars still remain very expensive. For gasoline costs we used the national average price of gas in february 2020. Ices run on gasoline is burned internally to power the car while evs run on electricity. The price of an egallon tells consumers how much it costs to drive an ev the same distance you could go on a gallon of unleaded gasoline in a similar car.

This means that per hour the average electric vehicle only uses 0 98 making the cost of a full charge 6 86 much more appealing than a gas car s fuel cost. Cost of driving an electric vehicle vs a regular gas powered car. Electric cars have decreased in price considerably over the last 10 to 15 years. 2 44 for regular and 3 11 for premium the mini requires the higher grade fuel.

We re using the 2019 fuel economy guide to compare the cost of driving an ev to a gas vehicle over the course of one year. The breakdown for a gas powered car vs. We take the average distance that a gasoline powered vehicle can drive on a gallon of gas 28 2 miles for comparable 2012 model year cars and then calculate how much it. After weighing these pros and cons you ll be.

An immediately apparent difference between evs and ices is their fuel source and consequently what you as a consumer use to power your vehicle.