Step 1 of 6
Should you get an EV?
Answer a few quick questions to see if switching could save you money.
What you'll need
- Your typical weekly, monthly or yearly distance
- Your home and public charging split, plus electricity price per kWh
- The EV price, efficiency and yearly tax
- Your current car sale value, fuel efficiency, yearly tax and fuel price
Assumptions & how we calculate this
Assumptions
- You sell your current car and put that value towards the EV
- We focus on yearly running costs, tax and upfront cost difference
- We do not include insurance, maintenance, finance or depreciation
How we calculate this
- We convert your distance input into a yearly distance
- EV yearly running cost = electricity cost + EV yearly tax
- Current car yearly running cost = fuel cost + current yearly tax
- Payback time uses upfront cost difference divided by yearly savings
Need deeper analysis?
This wizard keeps the core model intentionally simplified. Use the linked tools for full breakeven and running-cost exploration.
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