What’s Cheaper? Electric Vehicle Charging or Pumping Gas? | Fuel Cost Comparison

How much does it cost to charge an electric car compared to fueling up a gas car? Lauren McCay and Desola Balogun from Edmunds find out how much it costs to go 100 miles in a Toyota Corolla and … a Ford F-150 Lightning? That’s right, it’s compact sedan vs. full-size pickup truck in a battle of dollars and cents per mile.

The Toyota Corolla is a go-to car for drivers looking for an efficient, affordable ride. The F-150 Lightning couldn’t be more different, with its big power, big battery, and big price tag. But which one costs less to fuel up for 100 miles of driving range? It turns out that the cost of driving an electric vs. gas car isn’t as simple as comparing gallons and kilowatts—where you charge up makes a way bigger difference than you might think. You also have to compare how much it costs to charge at home to how much it costs to charge at a public charging station.

If you’re considering switching to an EV, it’s important to know all the pros and cons of electric cars. The experts at Edmunds are here to help you understand how much it actually costs to charge an electric car.

Intro: 00:00
CTA: 00:38
First Comparison: 00:54
Second Comparison: 03:08
Conclusion: 04:10

#ev #evcharging

[CarMax]

Would you rather drive 100 miles in a Toyota Corolla or a Ford F-150 Lightning?

[unirm]

they stopped making lightning’s due to battery issues. Womp womp. Also, what is really important is total cost of ownership. So lowest trim of Lightning is 50, 000 more than Corolla. That difference is more than TEN YEARS of maintenance and repairs in addition to another 5-10kin gasoline. Yeah, no, the Lightning loses until at least 10 years of ownership.

[southernsunshine]

I have a 2007 Dodge Durango with the towing package I purchased in 2008 used with low mileage still under warranty for $16, 500 when gas was $4/gal. It will tow 9, 000 pounds. I’ve done routine maintenance and it still runs and looks good. I get my repairs down by a mechanic that has taken care of my family vehicles for decades.

If I had a EV SUV, I would only be able to get my vehicle repaired at the dealership because EV manufacturers do not provide the right to repair. This is making them money and costing consumers.

YouTube Channel Rich Builds did a program about the cost of repair after owning some older EV. IT WAS interesting. Personally I look at total cost and gas or diesel win.

[leodiaz]

You may be able to save "up front" however when it come time to replace the batteries...you will endup paying much more !

[fred]

Our Tesla model 3 AWD is the best car ever plus the safest & also it’s fast ❤️❤️

[crookedchristitx]

Let's not forget the downtime it takes to charge, even at public fast chargers. If you're trying to get somewhere in a hurry that's going to slow you down. For that little bit of difference I would rather pay the few cents more per mile to get there faster

[yadburnsimms]

You're not saving nothing when to replace that battery how much does it cost plus you got a charger. light bill went up

[RigiLiquid]

The purchase price is NOT besides the point. The total cost for the duration of ownership is what matters. With my mileage, I compared similar vehicles and a PHEV always beats the rest, followed by HEV's, then EV's, then gas only. It's not just about fuel costs.

[kentscribner]

I'm 20 days into my new Model Y LR AWD. I live in a rural area that is essentially a supercharger and fast charger desert.

When traveling about a hour from home I wanted to test the chargers available.

I found the Tesla charger reasonable at ¢36. A fast charger I found was ¢65. At that price point my Tahoe is cheaper to operate.

I am still evaluating. My first thought is that if you're commuting and charging at home this is a great thing.

If you're traveling not so much.

[BBBYpsi]

So how is someone that lives in an apartment complex gonna be able to charge it up at home?

[frankcoley]

When a Tesla and Average EV costs more than gas powered....

Your MONTHLY cost for an EV will be near 1k a month.

Say you don't drive your gas powered and everyday. You save money while owning that car vs the EV.

[jasonpowell]

Try that in the winter when it’s -15 outside. And not to mention towing lol 😂

[larryd]

Many folks live in apartments. Cost is high for EV.🍁🍁🍁🇨🇦🇨🇦🇨🇦

[robertlovesgothgirlz]

We wouldn't need to worry about high gas or electricity costs if we just had a reasonable public transportation system. Plus all those savings with electricity will cost more when it's time to change the battery in EVs

[greggwroblewski]

And let’s add in your cost per hour waiting for your EV to charge. If I’m going on a trip from Dallas to Houston, I will have to stop to charge the vehicle in order to complete my trip. If I’m going on vacation this may not be too practical as it will take away time. Or that little Toyota on a tank full of gas will probably go about 550 miles were that Ford EV about 250 miles and there’s a difference.

[darylhoskins]

I do hope you include insurance rates and maintenance costs in your price per mile.

[Beowulf]

EVs are still more expensive even with government incentives. A Corolla will cost about 1200-1300 on fuel annually and $362 for maintenance. A used one from 2017 will run you about 14000 after 5 years that’s 22010. Good luck finding and EV under 25k

[Anthony]

My 3 reasons to not buy electric
•Takes way to long to charge
•Tesla model 3 costs $40k new Corolla only $25k new
•Replacing the battery will cost the same as buying a 2010 Toyota corolla.

[poebwb]

Simple and funny. Very good video!!!❤❤❤

[rockyarchambeau]

Forgot to add in the cost of new batteries !!when they go bad 8k-13k depending on vehicle hmmmm ….you do the math …plus cost of an EV vs the Corolla I’m definitely not sold on EV’s at all !! Toyota for the win !!