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Browsing the "Total cost of ownership (TCO) Electric Vehicles" Tag

It Costs Less To Fuel An Electric Car, And Why

September 30th, 2018 | by Paul Fosse

There are 8 major items in the Edmunds True Cost to Own figures: Depreciation, Taxes & Fees, Financing, Fuel, Insurance, Maintenance, Repairs, and a possible Tax Credit. For this article, I’m only going to focus on how fuel costs compare between gas cars and electric vehicles (EVs). The other categories should not have much variation. I’ve owned electric cars for the last 7 years, and although they have fewer repairs than my gas cars, the few repairs that have been required have been more expensive


Electric Vehicles Have Lowest Total Cost Of Ownership, Study Finds

February 5th, 2018 | by Guest Contributor

It’s no secret that electric vehicles carry higher sticker prices than comparable legacy vehicles (although it’s debatable whether any gas-burner is truly “comparable” to an EV, especially a Tesla). Of course, as any EV booster will tell you, the difference in purchase price is offset by savings on fuel and maintenance, as well as the various tax breaks and incentives that are available



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