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Drive Shift Compare

Ownership Costs

Cost Comparisons

A practical framework for comparing gasoline and electric ownership costs using your own local prices and driving habits.

Compare by topic

Gasoline

Fill up at a fuel station in a few minutes. Stations are widely available along most routes.

Electric

Charge at home overnight, at work, or at public stations. DC fast charging adds range during longer trips.

Energy cost per mile

Comparing energy costs starts with two simple calculations.

  • Gasoline: divide your local price per gallon by the vehicle's MPG.
  • Electric: multiply your electricity rate per kWh by the vehicle's kWh per mile.
  • Public fast charging often costs more than home charging, so note where you will charge.

Maintenance differences

The maintenance list looks different for each drivetrain.

  • Gasoline vehicles need oil, filters, spark plugs, and exhaust service over time.
  • EVs skip oil changes but still need tires, brakes, cabin filters, and fluids.
  • EVs can be heavier, which may affect tire wear.

Costs that are easy to overlook

Some ownership costs apply to both and vary widely by location.

  • Registration fees differ by state and sometimes by vehicle type.
  • Home charger installation is a one-time cost for many EV owners.
  • Resale value depends on model, condition, mileage, and market demand.

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