Total Cost of Ownership · 5-10 Year Comparison · Tax Credits
| Category | Gas Car | EV |
|---|
| Requirement | Detail |
|---|---|
| New EV credit | Up to $7,500 |
| Used EV credit | Up to $4,000 |
| MSRP cap (cars) | $55,000 |
| MSRP cap (SUVs/trucks) | $80,000 |
| Income cap (single) | $150,000 AGI |
| Income cap (joint) | $300,000 AGI |
| Item | Gas Car | EV |
|---|---|---|
| Oil changes | $600-1,200/yr | $0 (none needed) |
| Brake pads | Every 30-50K mi | Regen braking extends 2-3x |
| Transmission | Fluid + repairs | No transmission |
| Battery | $100-200 (12V) | Warranty 8yr/100K mi |
| Annual avg | $1,200-1,500 | $400-700 |