EVs cost more upfront but save on fuel and maintenance. This calculator finds your break-even point.
EVs save on average $800–1,500/year on fuel compared to gas cars.
The $7,500 federal EV tax credit (IRA 2022) significantly reduces the effective purchase price for qualifying vehicles.
Over 5+ years, typically yes. Break-even is usually 3–5 years depending on local electricity and gas prices.