Calculate Your Real EV Cost (With $0 Federal Tax Credits)
Federal EV tax credits ended on Sept 30, 2025 — yet most other calculators still show a phantom $7,500 savings that no longer exists. Get the honest math, based on 2026 Kelley Blue Book prices and real utility rates.
⚡ Your situation
Everything's pre-filled with realistic California defaults. Tweak what you know — or just hit calculate.
Driving & ownership
Miles driven per year13,000 mi/yr
Years you'll keep the car7 years
Local energy prices
📍 Auto-set for your state — edit if you know your own rates
$
$
The electric car
$
The gas car
$
Pre-filled with the average new vehicle in the US — about $49,400 and ~25 mpg real-world (KBB & EPA, 2026). Everything here is editable: enter your actual comparison car for the truest result. Look up any vehicle's MPG at fueleconomy.gov.
Extra annual fee many states charge EVs (not gas cars). Pre-filled from your state — NCSL, Jan 2026. Heavier EVs/trucks may pay more; edit if needed. $0 = no state EV fee.
$
$
$
%
$
$
Data sources & integrity: Federal EV purchase credits are set to $0 — under the One Big Beautiful Bill Act, the new ($7,500), used ($4,000), and commercial/leasing credits no longer apply to vehicles acquired after September 30, 2025. Gas prices use AAA state averages, electricity uses EIA residential averages, and vehicle prices are anchored to 2026 Kelley Blue Book averages — every figure editable. State EV registration fees: National Conference of State Legislatures, Jan 2026.
📋 What's in the math (and what isn't)
Total cost of ownership over your chosen years — built to be honest about every assumption.
What's counted
Purchase price · energy (electricity for the EV, gas for the ICE car) · routine service & repairs (oil changes, brakes, fluids) · tires · insurance · estimated resale value (depreciation), shown net and editable. The EV's insurance is set higher, its tires wear faster, and it loses resale value faster — all reflected. The EV side also includes your state's EV registration fee — the extra many states charge electric vehicles on top of the standard registration both cars pay.
Not counted (yet)
Financing interest · sales tax & destination fees · the standard base registration both cars pay equally. These vary too much by buyer and state to default honestly — add them yourself if they matter to your comparison.
Every number is an editable estimate. Both cars are pre-filled to the US average new vehicle, so you start from a real-world baseline: the gas car at about $49,400 and ~25 mpg, and the EV at about $54,500 and 3.4 mi/kWh (KBB & EPA, 2026). Pick a specific EV from the model list to drop in its actual price and EPA efficiency, and set both cars to the vehicles you're actually weighing for a true head-to-head.
🏛️ Official calculators & rate tools
Sanity-check your result against government and utility tools. We link only to official sources — and flag where they're out of date.
⚠️ Why this tool exists: as of June 2026, several official and utility calculators above still reference the federal $7,500 / $4,000 EV credits that ended Sept 30, 2025 — PG&E's pages, for instance, still advertise "over $9,000 in rebates and tax credits." Treat any incentive figure on those tools with caution and check it against the current 2026 rules. Run your numbers above for the audited version.
This site uses only cookieless, anonymous analytics to count visits — no cookies, no profiles, and we never sell or share your personal information. We honor your browser's Global Privacy Control (GPC) signal. Use the switch below to opt out of any advertising or affiliate tracking on this device.