Ownership modelling
Measure whether the EV still wins after five years of ordinary use.
Purchase price is only the visible line item. EVRoute models energy, maintenance, annual distance, tax relief, and residual value so that the comparison reflects ownership rather than showroom headlines.
Sample EV five-year cost£35,420
Comparable petrol model£39,860
Estimated difference£4,440
The advantage can narrow quickly if home charging is unavailable or annual mileage is low. A clear comparison avoids simplistic assumptions.
Five-year cost comparison
Enter the EV and petrol assumptions. The model estimates five-year ownership cost for both and returns the difference per year and per mile.
Five-year EV cost0
Five-year petrol cost0
EV advantage over five years0
Difference per mile0
Depreciation still leads
Residual value remains the largest single ownership variable for both vehicle types. Small percentage changes can outweigh energy savings.
Energy access matters
Drivers with regular home charging usually see a clearer EV advantage than drivers who rely on public rapid charging for most miles.
Maintenance is steadier
Routine servicing for EVs is often lower, though tyres and suspension wear can still be meaningful on heavier vehicles.