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Connected guide

Choosing an EV

Compare annual running costs and total ownership costs for an EV and a petrol or diesel vehicle. Revise any earlier step to update the downstream budget. Your figures stay in this page’s memory, not in storage or the address.

How the workflow connects your figures

Battery kWh = km × Wh/km ÷ 1,000. Grid energy = battery energy ÷ (1 − grid-energy loss fraction); split grid energy between home and public tariffs. Ownership cost = purchase less resale plus installation, financing interest/fees and running costs over the entered period.

Resale values, consumption, tariffs and future annual costs are estimates, not guarantees. Financing principal is already represented by purchase cost, so enter interest and fees only. Depreciation is represented by purchase less resale and is not added again. Excludes opportunity cost, inflation, tax relief, grants unless reflected in purchase price, and unexpected repairs.

  1. Distance and energy: Annual distance (km), Ownership period (years), EV battery consumption (Wh/km), Charging losses as a percentage of grid energy (%), Home share of grid energy (%), Home electricity tariff (€/kWh), Public electricity tariff (€/kWh), ICE fuel consumption (L/100 km), Petrol / diesel price (€/L).
  2. Purchase, installation and resale: EV purchase price (€), ICE purchase price (€), One-off charging installation (€), Estimated EV resale value at end (€), Estimated ICE resale value at end (€).
  3. Maintenance, insurance and financing: EV annual maintenance (€), ICE annual maintenance (€), EV annual insurance and road tax (€), ICE annual insurance and road tax (€), EV financing interest and fees over ownership, excluding principal (€), ICE financing interest and fees over ownership, excluding principal (€).

Worked example

Illustrative inputs, not a recommendation or quotation. Defaults can be changed above; this example does not describe your own circumstances.

See carried example inputs
Annual distance (km)
15000
Ownership period (years)
5
EV battery consumption (Wh/km)
180
Charging losses as a percentage of grid energy (%)
15
Home share of grid energy (%)
80
Home electricity tariff (€/kWh)
0.3
Public electricity tariff (€/kWh)
0.6
ICE fuel consumption (L/100 km)
6
Petrol / diesel price (€/L)
1.8
EV purchase price (€)
40000
ICE purchase price (€)
32000
Estimated EV resale value at end (€)
18000
Estimated ICE resale value at end (€)
14000
One-off charging installation (€)
1000
EV annual maintenance (€)
400
ICE annual maintenance (€)
700
EV annual insurance and road tax (€)
700
ICE annual insurance and road tax (€)
900
EV financing interest and fees over ownership, excluding principal (€)
0
ICE financing interest and fees over ownership, excluding principal (€)
0
Annual EVRunning Cost
€2,243.53
Annual ICERunning Cost
€3,220.00
Ownership Cost Difference
€117.65

Included

  • Purchase less estimated resale, plus charging installation once
  • Grid-energy charging losses, home/public tariff mix and ICE fuel
  • Entered annual maintenance, insurance/road tax and financing interest/fees

Excluded

  • Financing principal and separate depreciation: already represented by purchase less resale
  • Inflation, opportunity cost, unexpected repairs and uncertain future tariff changes
  • Grants and reliefs unless reflected in the entered net purchase price

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