Stop Debating EVs vs Gas. We Ran the Numbers to Find the True Cheapest Car. The total cost of ownership (TCO) is the only math that matters when buying a vehicle. That TCO includes everything from maintenance and depreciation to fuel costs — and that’s where EVs pull ahead.

https://www.cnet.com/home/electric-vehicles/stop-debating-evs-vs-gas-we-ran-the-numbers-to-find-the-true-cheapest-car/

by mafco

9 comments

  1. The TCO is the only thing that matters… to an accountant.

  2. This is great stuff. A lot of us are now facing what I think will be one of the final hurdles for complete EV adoption, which is people who drive infrequently and/or don’t have much money, and people who don’t have the ability to install charging equipment due to lack of space, rental restrictions, etc. the former is almost resolved imo. The latter is still an impenetrable barrier to EV adoption for many people. Govts will need to force landlords, for example, to permit (and probably install) charging equipment.

  3. Yeah but electric doesn’t sound manly soooo dudes will be still buying jacked up trucks to feel
    Manly LOL

  4. I don’t necessarily disagree with the math, but most people simply don’t care about TCO. If we did, we wouldn’t be driving SUVs and pickup trucks to go grocery shopping, we wouldn’t scream about improving fuel efficiency standards, or auto stop technology at red lights.

  5. EVs are a complete waste of time the power that gets produced in this country is not majority clean energy. So you’re using your unclean fossil fuel energy to charge your “clean energy” vehicles. Also large swaths of this country don’t have reliable large scale charging for EVs. Also let’s not forget the power grid could not take a large percentage of the country swapping to EVs. Also don’t get me started on the range of electric vs gas. My 4 cylinder gets much better miles than any Tesla

  6. Considering BYD has an EV for $9,000. No i did not stutter. That vehicle is comparable to $30,000 ICE vehicles in terms of features and quality. Even if you were apprehensive about battery life; you could buy a new BYD every 5 years and still end up financially ahead of the ICE vehicle and have a brand new car consistently.

  7. I charge at home and my car is programmed to charge during the lowest off-peak rate periods. I can hardly believe how cheap it is. It comes to about 2 cents per mile whereas a typical ice car will cost around 12 cents per mile. I hardly even notice the increase in my electric bill, and the convenience of never having to go to filling stations is also a huge bonus. And routine maintenance costs are nearly non-existent.

  8. All the aside, EVs are just so much more fun and easy to drive, and smooth.

    I’d still have one even if it cost more!

  9. That’s cool, but EVs aren’t going to save us or save the drive age.

Comments are closed.