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Total Cost of RAV4 EV cheaper than RAV4 Gas in 10 years.

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Moderator: kchiang

Total Cost of RAV4 EV cheaper than RAV4 Gas in 10 years.

Postby kchiang » Wed Jul 25, 2012 1:15 am

Here's a "back of the envelope" calculation comparing the cost to drive a Toyota RAV4 EV (due out at the end of 2012) vs a traditional RAV4.

Assumptions:
cost of electricity = 0.10/kwh (no solar)
cost of gas/gallon over next 10 years = $4/gallon
oil changes = $50/6months
life of vehicle = 10 years.
daily mileage = 50 miles/day
days driven = 300 days/year
EV energy used/mile = 300wh/mile
MPG of RAV4 gas = 22 mpg

RAV4 EV
Cost: 49,800
Federal Tax Break: - 7500
"fuel" cost +4500
maintenance +100
===========================
Total $46,900


RAV4 gas
cost: 22,650
fuel cost: 27,273
Maintenance 1000
=========================
Total $50,923
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