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The 10 cheapest EVs, PHEVs and hybrids to operate for 5 years

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:

  1. Nissan Leaf: $18,509

  2. Hyundai Elantra Hybrid: $20,735

  3. Kia Niro EV: $21,845

  4. Honda CR-V Hybrid: $22,165

  5. Honda Accord PHEV: $23,708

  6. Toyota RAV4 Prime: $25,831

  7. Ford Escape PHEV: $27,811

  8. Mini Cooper Electric Hardtop: $28,266

  9. Ford Mustang Mach-E: $28,505

  10. 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.