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Should I buy an electric or gas powered vehicle?

Electric vehicles are all the rage these days, but is it worth it? Based on your monthly driving habits, electricity prices in your state, and the specs of the car, use this calculator to help decide whether an EV is the right choice for you. See when you will breakeven, and how much you might save if you make the switch!

Electric Vehicle

Gas Vehicle

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.