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.
Data sources & integrity: Federal EV tax credits are set to $0, reflecting the One Big Beautiful Bill Act, which ended them on 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.
📋 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 · 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.
Not counted (yet)
Financing interest · registration, taxes & destination fees. 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 We link only to official sources — and flag where they're out of date.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.
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