EV Break-Even Calculator

Calculate how many years until your EV pays for itself compared to a petrol car through accumulated savings.

βš–οΈ EV Break-Even Calculator

Results

Annual Savings1,600
Break-Even5.0 years
Break-Even60 months

πŸ’‘ How to Calculate EV Break-Even Point

Break-even period = EV price premium Γ· annual savings. The price premium is how much more the EV costs than a comparable petrol car (after incentives). Annual savings include fuel savings + maintenance savings.

After reaching break-even, every additional year of ownership puts money back in your pocket. High-mileage drivers break even fastest because their annual fuel savings are proportionally larger.

8,000 price premium with 1,200/yr fuel savings + 400/yr maintenance savings = 1,600/yr total. Break-even: 5.0 years. After that, pure savings.

EV Break-Even Calculator FAQ

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