Savings & Comparisons
EV Break-Even Calculator
Calculate the exact distance and timeframe required to recover the EV purchase premium.
Primary Metric: Break-Even Milestone
Ownership & Economics Deterministic Model v1.2
EV Total Cost of Ownership Calculator
Comprehensive multi-year lifecycle financial analysis for electric vehicles.
Lifecycle Financial Parameters
Model complete multi-year acquisition and operating expenses Net Total Cost of Ownership ₹1,383,235.29 ₹18.44 per km (inclusive of depreciation)
Total Purchase & Taxes: ₹1,880,000.00
Total Energy Expenditure: ₹88,235.29
Total Insurance (5 yrs): ₹175,000.00
Total Maintenance (5 yrs): ₹50,000.00
Less Resale Value (45%): -₹810,000.00
Annual Cost of Ownership: ₹276,647.06 / yr
Mathematical Formula & Physical Model
Sums all vehicle acquisition, financing, operational electricity, maintenance, insurance, and tax expenses, then subtracts the projected residual resale value.
1
Gross Expenditure = Purchase Price + Taxes + Financing + Energy + Maintenance + Insurance 2
Estimated Resale Value = Purchase Price × (Expected Resale% / 100) 3
Net TCO = Gross Expenditure - Estimated Resale Value 4
Cost per km = Net TCO / Total Lifetime Distance (km) Worked Example
Reference Benchmark5-Year Ownership Financial Audit
A ₹1,800,000 electric SUV driven 15,000 km annually over 5 years (75,000 km total) with 45% residual value.
Purchase Price ₹1,800,000
Annual Distance 15,000 km
Ownership Period 5 Years
EV Efficiency 6.8 km/kWh
Electricity Rate ₹8.00 / kWh
Annual Insurance ₹35,000
Annual Maintenance ₹10,000
Taxes / Registration ₹80,000
Expected Resale 45%
Frequently Asked Questions
Why is TCO a better metric than upfront sticker price?
While electric vehicles may carry higher initial sticker prices, lower fuel costs, reduced maintenance requirements, and tax incentives often result in lower total cost over 3–5 years.
How do residual resale values affect TCO?
Depreciation is the largest single component of vehicle ownership cost. High battery retention and transferable warranties bolster secondhand EV residual values.