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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

Green Car Congress

Researchers at Argonne National Laboratory, with colleagues from Lawrence Berkeley, Oak Ridge, and National Renewable Energy labs, and the University of Tennessee, have published a comprehensive analysis of the total cost of ownership (TCO) for 12 sizes of vehicles ranging from compact sedans up to Class 8 tractors with sleeper cabs.

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Half of 2024 EVs have lower 5-year ownership cost vs. ICE

Green Car Reports

Many EVs have a lower five-year cost of ownership than comparable gasoline models, according an annual roundup from Vincentric, a source for ownership cost calculations for websites and automakers.

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DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

Green Car Congress

A new study published by US Department of Energy’s (DOE) Argonne National Laboratory offers the most complete understanding yet of the costs of owning and operating a vehicle, and how those costs vary by powertrain, from the conventional to the cutting-edge. Overall, hybrid electric vehicles tend to be the lowest-cost powertrain.

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The Escalating Costs of Owning a New Car

The Truth About Cars

Photo credit: muk woothimanop / Shutterstock.com The expenses tied to owning a brand-new vehicle have risen significantly, marking a substantial departure from the preceding year when the annual cost stood at $10,728. Depreciation Depreciation, the decrease in a vehicle's value over time, serves as another significant cost component.

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The hidden costs of using an electric bike

Baua Electric

But while you’ll see plenty of people espousing the supposed advantages of electric bikes, it’s important to keep in mind some of the hidden costs of owning and using these two-wheeled electric vehicles. There’s also the reduced wear and tear on your car to consider, plus savings from the reduced car maintenance. At what cost?

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Consumer Reports: most popular electric vehicles cost less to own than the best-selling gas-powered vehicles in their class

Green Car Congress

The analysis found lifetime ownership costs for the most popular EVs on the market under $50,000 are typically $6,000 to $10,000 less than the best gas-powered vehicles in their class (defined by vehicle style, size, interior volume, and cargo space). Lifetime savings of EVs versus comparable gasoline-powered vehicles.

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Pencil-Necked Finance Dweebs Suggest Anyone Making Six-Figures Should Only Buy a $15,000 Car

The Truth About Cars

In order to reach this out-of-touch conclusion, the killjoys at Investopedia start with an assumption that one should limit their transportation expenses to 10 percent of an annual salary, including insurance, fuel, maintenance, and the car payment itself. per month (about 10 cents per mile). Simple math leaves is with $330.50

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