The 10 cheapest EVs, PHEVs and hybrids to operate for 5 years
Buying an EV, plug-in hybrid or even a conventional hybrid can save you thousands on gas over its lifetime, but there are other costs involved in owning a car that can either keep them cheap, or make them comparably expensive to normal gas cars. MarketWatch Guides recently ranked the least expensive EVs to own over a five-year period, and there are several great options on the list.
The Nissan Leaf was the least expensive EV/electrified vehicle to run after five years, averaging $18,509 in ownership costs.
The 10 least expensive electric cars to operate over 5 years:
Nissan Leaf: $18,509
Hyundai Elantra Hybrid: $20,735
Kia Niro EV: $21,845
Honda CR-V Hybrid: $22,165
Honda Accord PHEV: $23,708
Toyota RAV4 Prime: $25,831
Ford Escape PHEV: $27,811
Mini Cooper Electric Hardtop: $28,266
Ford Mustang Mach-E: $28,505
Chrysler Pacifica Hybrid: $33,836
MarketWatch didn’t include depreciation to calculate these costs, leaning on gas/charging costs, insurance, and finance costs to come up with its numbers. Adding in depreciation could result in significant changes to some of the cars on this list.