📊 TCO CALCULATOR

Total Cost of Ownership
EV vs Petrol/Diesel/Hybrid

See your real savings over 5-10 years. Accurate motor tax based on engine size.

Motor tax varies by engine size - be accurate!

⚡ Electric Vehicle

Purchase Price45,000
Annual Electricity560
Annual Maintenance300
Annual Motor Tax120
Annual Running Cost980

petrol Vehicle

Purchase Price35,000
Annual Fuel1,900
Annual Maintenance650
Annual Motor Tax428
Annual Running Cost2,978

Running an EV instead of petrol

€1,998/yr

The €10,000 price difference is paid back in about 5.0 years at 20,000km a year.

Saving per year
€1,998
Break-even on the price difference
5.0 years
Over 5 years
€-10
Over 10 years
€9,980

Assumes night-rate home charging at €0.028/km; petrol €0.095/km (6L/100km at €1.58), diesel €0.089/km, hybrid €0.055/km. Motor tax uses Revenue's 2026 rates for the engine size entered, and maintenance uses industry averages. Public rapid charging costs several times the night rate, so a driver without a home charger will save considerably less than this.