Updated June 7, 2026 · 2026 federal rules + state rates

Will an EV actually save you money?

Most calculators still subtract a $7,500 federal credit that ended in 2025. This one doesn't. Real 2026 numbers for your state, honest answer — even when the answer is "stick with gas."

⚡ Your situation
Everything's pre-filled with realistic California defaults. Tweak what you know — or just hit calculate.
Driving & ownership
The electric car
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The gas car
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Defaults to a typical mainstream gas car. EPA combined ~28 MPG; real-world new-gas-car fleet average is ~25 MPG. Enter your actual comparison vehicle for the truest result.
› Fine-tune energy, service, tires & insurance
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📋 What's in the math (and what isn't)
Total cost of ownership over your chosen years — built to be honest about every assumption.
Counted for both cars
Purchase price · energy (electricity for the EV, gas for the ICE car) · routine service & repairs (oil changes, brakes, fluids) · tires · insurance. The EV's insurance is set higher and its tires wear faster — both reflected.
Not counted (yet)
Depreciation / resale value · financing interest · registration, taxes & destination fees. These vary too much to default honestly; a used-EV tool covering resale is planned.
Every number is an editable estimate. EV efficiency is the EPA rating for the model year shown. EV price is an estimated base-trim MSRP (a place to start — overwrite it with your real quote). The gas car defaults to a typical comparable model at ~28 MPG; for reference, the average new vehicle now sells for ~$49,400 and the gas-only fleet averages ~25 MPG real-world (KBB & EPA, 2026), but that average is inflated by trucks and luxury — so set both cars to the vehicles you're actually weighing for a true head-to-head.