An EV costs more upfront but is cheaper to run. Find out how long until the fuel savings pay back the price difference. Move the sliders — results update live.
An EV usually has a higher sticker price but a much lower running cost. We compare your EV cost per km (electricity rate ÷ km-per-unit) against your petrol cost per km (petrol price ÷ mileage). The monthly saving is the difference × your monthly distance. The breakeven point is the extra EV price ÷ monthly saving. Battery degradation, servicing and resale are not included — this is a running-cost estimate to guide the decision.