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    Total Cost Calculator

    What's the true cost of owning an EV?

    Calculate the complete 5-year cost — purchase after subsidies, EMI interest, charging, insurance, maintenance, tyres, battery replacement, minus resale. Then compare against a petrol equivalent.

    Inputs

    Ex-showroomRs. 15.00 L
    Ownership years5 yrs
    Daily distance50 km
    Electricity rate₹8/kWh
    Petrol price₹105/L

    Loan details

    Loan %80%
    Interest rate8.5%
    Loan tenure5 yrs

    5-year net cost

    EV net cost

    Rs. 11.84 L

    12.97/km · Rs. 19,725/mo

    Petrol equivalent

    Rs. 14.09 L

    15.44/km

    Total saving with EV

    Rs. 2.25 L

    16% cheaper over 5 years

    Where your money goes

    Purchase (net)

    Rs. 12.60 L (66%)

    Loan interest

    Rs. 2.77 L (15%)

    Charging

    Rs. 97,333 (5%)

    Insurance

    Rs. 2.10 L (11%)

    Maintenance

    Rs. 19,000 (1%)

    Tyres

    Rs. 40,000 (2%)

    EV vs Petrol — Full Breakdown

    Cost itemEVPetrolDifference
    Purchase priceRs. 12,60,000Rs. 10,50,000 Rs. 2,10,000
    Loan interestRs. 2,77,190Rs. 1,94,033 Rs. 83,157
    Fuel / Charging (5yr)Rs. 97,333Rs. 6,38,750 Rs. 5,41,417
    InsuranceRs. 2,10,000Rs. 1,76,400 Rs. 33,600
    MaintenanceRs. 19,000Rs. 60,000 Rs. 41,000
    TyresRs. 40,000Rs. 40,000= Rs. 0
    Battery replacementRs. 0Rs. 0= Rs. 0
    Resale value- Rs. 7,20,000- Rs. 5,56,500 Rs. 1,63,500
    Net cost (5 yrs)Rs. 11.84 LRs. 14.09 LSave Rs. 2.25 L

    Year-by-year running cost

    YearEV runningPetrol runningCumulative saving
    Year 1Rs. 73,267/yrRs. 1,83,030/yrRs. 1,09,763
    Year 2Rs. 73,267/yrRs. 1,83,030/yrRs. 2,19,526
    Year 3Rs. 73,267/yrRs. 1,83,030/yrRs. 3,29,289
    Year 4Rs. 73,267/yrRs. 1,83,030/yrRs. 4,39,052
    Year 5Rs. 73,267/yrRs. 1,83,030/yrRs. 5,48,815

    Cost per km

    ₹12.97

    EV

    Cost per km

    ₹15.44

    Petrol

    Monthly charging

    Rs. 1,600

    ₹8/kWh

    Resale value

    Rs. 7.20 L

    After 5 yrs