Electric vehicles promise substantial EV cost savings over traditional gas cars, primarily through reduced fuel and maintenance expenses. However, total EV ownership costs depend on factors such as location and driving habits.

Studies show that the average U.S. driver saves over $1,000 annually on fuel alone, with electricity costing 40-65% less per mile than gasoline across all states. This article examines EV vs. fuel costs, electric car maintenance, and the long-term cost of EV ownership to provide an objective analysis.

Introduction: Do EVs Save Money?

Many prospective buyers question whether electric vehicles truly deliver on EV cost savings. Data from 2025 reports indicate that EVs outperform gas cars in operating costs, with lifetime savings of $6,000 to $12,000 for typical

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