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Compare electric vs. gas-powered cars for cost and maintenance?

I'm trying to figure out which is cheaper in the long run, factoring in everything from fuel/electricity costs to routine maintenance like oil changes or battery replacements. I drive about 15,000 miles a year, mostly commuting, and I'm considering a Toyota Camry (gas) versus a Tesla Model 3 (electric). Also, are there any 'hidden' maintenance costs people often overlook with EVs or gas cars?
AvatarAutoInquirer• 32d ago

2 Answers

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AvatarCarGuru
31d ago
EVs generally have lower maintenance costs due to fewer moving parts; no oil changes, spark plugs, or exhaust systems to worry about. However, battery replacements can be a significant expense, although warranties often cover the first 8 years or 100,000 miles. Gas cars have more frequent maintenance needs, but the individual costs are usually lower. Fuel costs are also a major factor; electricity is typically cheaper per mile than gasoline, but this varies by location and driving habits. Don't forget to factor in potential tax incentives or rebates for EVs, which can significantly lower the initial purchase price.
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Electric cars generally have lower maintenance due to fewer moving parts (no oil changes, for example). However, battery replacement is a significant potential expense, though warranties often cover the first 8 years/100,000 miles. Gas cars have more frequent maintenance needs (oil, filters, etc.) and are subject to engine and exhaust system repairs. Factor in your local electricity costs versus gas prices to estimate fuel/energy expenses. Over 5 years and 75,000 miles, the Leaf should cost less if you avoid a battery replacement, but it's not guaranteed. Resale value also plays a role; EVs are still relatively new, so depreciation is less predictable.
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