Compare the total cost of an electric vehicle vs gas car. Calculate fuel savings, federal tax credit, and break-even point. Free EV calculator.
A commuter in California driving 18,000 miles per year is considering a Tesla Model 3 over a comparable Honda Accord and wants the real 5-year math.
Result: EV saves $8,400 in fuel, $3,200 in maintenance, plus $7,500 tax credit — total advantage of $12,100 over 5 years. He orders the Tesla.
A homeowner in Ohio driving only 8,000 miles per year wonders if an EV makes financial sense at that low mileage.
Result: Low mileage means only $1,800 in fuel savings — EV does not break even for 9 years at that usage. He keeps his gas car.
A couple in Texas earning $145,000 jointly wants to know if they qualify for the full $7,500 EV tax credit under 2026 IRS rules.
Result: Income is below the $300,000 joint limit — full credit confirmed. They factor it into the purchase price negotiation.
Purchase price, fuel/electricity, insurance, and maintenance. We also factor in the federal EV tax credit.
Often yes — EVs have lower fuel and maintenance costs. The break-even point depends on purchase price difference and driving habits.
Depreciation varies significantly by model. This tool focuses on operating costs. Consider resale value separately.
No. This is an educational comparison tool. Actual costs vary by location, driving habits, and specific models.
Yes — every FreeFixo tool, including the EV vs Gas Car Calculator, is 100% free with no paywall, no premium tier, and no usage limits. You do not need to create an account, enter a credit card, or share an email.
The EV vs Gas Car Calculator uses the same formulas, rates, and reference data that financial planners, professionals, and government sources publish. Results are estimates intended for planning and education — for situations involving large sums or legal consequences, confirm with a qualified professional before acting.