Is Gas Or Electric Cheaper Car

The study examined the purchase fuel and tax costs of.

Is gas or electric cheaper car. However this doesn t mean you ll actually spend more over time. In fact the opposite may be true in many cases. While electric cars will cost more up front than their gasoline powered compatriots in the long run they may be cheaper to operate. Electric cars cost considerably more to buy or lease than gas ones.

A gallon of regular gas today costs an average of 2 70 according to the u s. Consider the 2018 ford focus. Electric cars are already cheaper to own and run than petrol or diesel alternatives in five european countries analysed in new research. Which vehicle is cheaper.

To top it off electric vehicles are cheaper to own over time due to better efficiency reasonable prices for electricity and minimal maintenance. Energy information administration eia. Electric vehicle drivers still save in the worst states. On the other end of the spectrum are the 10 states with the lowest savings for electric drivers.

Driving a gasoline guzzler and loving it. Gas cars comparing the costs of electricity required to run an electric car versus the costs of gasoline to power a regular car is still an arcane science with many. The biggest savings will be in fuel. Some evs are even based on gas car platforms such as the hyundai kona electric and kia niro ev.

But are electric cars actually cheaper to own. Electric cars are more expensive than gas cars mostly due to the cost of the battery. We took a look at the costs of fuel maintenance and buying evs plug ins and gas cars to see if you really save money going electric. Even in the worst state of connecticut charging your ev is still 353 cheaper per year than pumping gas when comparing the average electric vehicle to the average gas car on the road.

One of the biggest reasons car buyers choose a gas car over an electric one is simple economics.