Worked example
An EV can have lower energy and tax costs but higher depreciation or insurance. A fuller comparison can therefore produce a different answer from a simple petrol-vs-electric calculator.
Frequently asked questions
Why is depreciation included?
For many cars, depreciation can be one of the biggest annual ownership costs. Leaving it out can distort a comparison.
Does this include finance interest?
Not yet. You can add expected finance interest into servicing/other costs if you want a rough all-in comparison.