🚗 EV vs ICE Ownership Cost Calculator
Compare lifetime Ownership costs and savings between Electric and ICE vehicles

📖 How to Use This Calculator (Click to expand)

🚗 Driving Parameters
City Highway
What is your driving split? (%)
What is your monthly running? (in kms)
Ownership Duration in years
Select State/UT
🚗 Vehicle Details
Electric Vehicle⚡ ICE Vehicle ⛽
Vehicle Name
Fuel Type
Ex-Showroom Price (₹)
Discounts (if any) (₹)
RTO (₹)
Insurance
TCS (1% of Ex-Showroom)
On-road Price
Price Delta (ICE - EV)
⚡ Running Costs
⚡ City ⚡ Highway ⛽ City ⛽ Highway
Fuel (₹/L) / Electricity (₹/kWh)
Efficiency (km/kWh) / Economy (km/L)
Running cost per km (₹)
Monthly Running cost (₹)
EV Total ⚡ ICE Total ⛽
Total Monthly running cost (₹)
Monthly Savings (₹)
💰 Investment Returns on Fuel Savings
Risk Level Low (RD) Medium (Debt) High (Equity/MF)
Rate of Interest (%)
Tenure (months) - Auto-synced with years 84
Maturity value (₹)
💳 Loan on Price Delta
Loan Rate of Interest (%)
Tenure (months)
Interest Paid (₹)
Total amount paid (₹)
📈 Savings without Depreciation
Investment Scenario Low (RD) Medium (Debt) High (Equity/MF)
Savings (Investment - Loan) (₹)
📉 Depreciation & Resale Value
Electric Vehicle ICE Vehicle ⛽
Depreciation rate per year (%)
Residual Value after 7 years (₹)
Resale Value Delta (ICE - EV) (₹)
🎯 Final 7-Year Outcome
Investment Scenario Low (RD) Medium (Debt) High (Equity/MF)
Overall Net Savings (₹)

📊 Total Cost of Ownership Timeline

Year-by-year cumulative ownership costs showing when EV becomes cheaper than ICE. Chart shows the calculations based on the medium ROI scenario

⚡ Breakeven Point: Calculating...

EV becomes cheaper than ICE beyond this point

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📋 Assumptions & Notes

🔧 Maintenance Costs:

Maintenance costs have not been compared as they vary OEM to OEM. EVs in general have lower maintenance costs than ICE cars.

🔋 Battery Warranty & Longevity:

EV batteries are under warranty for Lifetime (15 years) and unlimited kms or they get 8 years or 1,60,000 kms. Hence there is no need to consider battery replacement costs. EV batteries have high cycle life so they are good for 3,00,000 kms easily.

⛽ Fuel & Electricity Prices:

Fuel and Electricity prices have been assumed to be constant as the same basic price inflation will apply to both.

🚗 EV vs ICE Ownership Cost Calculator

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