ProMoney · Simulator
EV vs. Gas TCO Simulator
Which car actually costs less to own?
Assumptions
EV cheaper by year
Year 8
8-yr EV TCO
$49,800
8-yr savings
$1,400
| Year | EV TCO | Gas TCO |
|---|---|---|
| Year 1 | $45,600 | $34,400 |
| Year 2 | $46,200 | $36,800 |
| Year 3 | $46,800 | $39,200 |
| Year 4 | $47,400 | $41,600 |
| Year 5 | $48,000 | $44,000 |
| Year 6 | $48,600 | $46,400 |
| Year 7 | $49,200 | $48,800 |
| Year 8 | $49,800 | $51,200 |
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Built by The Crimson Bench · Educational model, not financial advice
About the EV vs. Gas TCO Simulator
Compare the total cost of ownership of an EV and a gas car over the years, including running and maintenance costs.
It's built for directional planning: change any assumption and watch the whole projection move, the way a seasoned operator pressure-tests a plan before committing capital. Everything is computed live in your browser — nothing is sent anywhere.
How the EV vs. Gas TCO Simulator Works
The model takes 6 assumptions and returns 3 headline metrics plus a full breakdown. Here is exactly what goes in and what comes out — no black box.
The Inputs
| Assumption | Example value |
|---|---|
| EV price | $45,000 |
| Gas car price | $32,000 |
| Miles / year | 12,000 |
| EV cost / mile | $0.05 |
| Gas cost / mile | $0.15 |
| EV maintenance savings / yr | $600 |
Worked Example
Every figure below is produced by the live model using the example assumptions above. Change any input in the simulator to see your own numbers.
EV cheaper by year
Year 8
8-yr EV TCO
$49,800
8-yr savings
$1,400
| Year | EV TCO | Gas TCO |
|---|---|---|
| Year 1 | $45,600 | $34,400 |
| Year 2 | $46,200 | $36,800 |
| Year 3 | $46,800 | $39,200 |
| Year 4 | $47,400 | $41,600 |
| Year 5 | $48,000 | $44,000 |
| Year 6 | $48,600 | $46,400 |
The Operator's Read
The EV's higher sticker is repaid by lower running and maintenance costs — crossing over around year 8. The more you drive, the faster the EV wins; low-mileage drivers may never cross over.
Assumptions & Limitations
- •The model is deterministic: it projects your inputs forward with clear arithmetic, not a Monte-Carlo or probabilistic forecast. It shows one scenario at a time — run several to bracket a range.
- •Defaults are illustrative benchmarks, not your business. Replace every field with your real numbers before drawing conclusions.
- •It abstracts away taxes, financing, seasonality, and one-off events unless a field explicitly captures them. Treat the output as a directional estimate.
- •This is an educational tool, not financial, investment, tax, or legal advice. Validate real decisions with a qualified professional.
Frequently Asked Questions
What does the EV vs. Gas TCO Simulator calculate?
Compare the total cost of ownership of an EV and a gas car over the years, including running and maintenance costs. It takes 6 assumptions — EV price, Gas car price, Miles / year, EV cost / mile, Gas cost / mile, EV maintenance savings / yr — and returns EV cheaper by year, 8-yr EV TCO, 8-yr savings, along with a full projection table you can export.
How do I use the EV vs. Gas TCO Simulator?
Enter your own figures in the input fields above — EV price, Gas car price, Miles / year, and the rest. The model recalculates instantly and shows the resulting EV cheaper by year and full breakdown. No sign-up needed to run it.
Is the EV vs. Gas TCO Simulator free?
Yes — you can run the simulator and see the headline results for free. Toolkit Pro unlocks the full projection table, Excel/PDF export, saved scenarios, and AI analysis: $180/mo, $1,728/yr, or unlock any 3 simulators for $20.
What's the difference between this and a free calculator?
A calculator answers one question. This simulator models the full picture — multiple linked assumptions, a projection table, and scenario comparison — the way an operator would build it in a spreadsheet, but instantly.
Who built the EV vs. Gas TCO Simulator?
The Crimson Bench's Ivy League-educated operators — the same people we deploy into C-suites. This is the self-serve version of a model they'd build inside a live engagement.
Is this financial advice?
No. The EV vs. Gas TCO Simulator is an educational modeling tool for directional planning — not financial, investment, tax, or legal advice. Validate any real decision with a qualified professional.
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The Crimson Bench · Est. 2002 · Founded in New York City
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