Electromobility Cost Comparison: E-Car Versus Combustion Engine

From Mario Hommen/SP-X | Translated by AI 2 min Reading Time

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E-cars are cheaper to maintain than combustion engine models in many European countries. This is shown by an analysis from a leasing provider. In Germany, the result is not clear-cut.

In many European countries, electric cars are cheaper to maintain than combustion engine models.(Image: SP-X)
In many European countries, electric cars are cheaper to maintain than combustion engine models.
(Image: SP-X)

In an increasing number of European countries, electric cars outperform comparable combustion engine models in terms of total costs. This is shown by the latest edition of the cost index published by the leasing and fleet management company "LeasePlan." For the analysis, the company compared various vehicle types from multiple segments in 27 and 28 European countries regarding their Total Cost of Ownership. The basis was a usage scenario with a holding period of four years and an annual mileage of 30,000 kilometers (approx. 1,864 miles)—referring to the fourth quarter of 2024. The analysis shows the monthly costs in euros.

In the segment of medium-sized so-called premium vehicles, electric cars lead in all 27 countries studied. In Belgium, for example, the monthly total costs for the analyzed BEV models Polestar 2 and Audi Q4 E-Tron amount to 1,153 euros (1,308.54 USD). In comparison: BMW 3 Series or Mercedes GLC as plug-in hybrids cost 1,375 euros (1,308.54 USD), gasoline cars 1,529 euros (1,735.26 USD), and diesel models even 1,748 euros (1,983.81 USD). While the advantage is particularly pronounced in Belgium, the differences in Germany are smaller. But here, too, e-cars lead with 1,111 euros, followed by diesel at 1,156 euros (1,311.94 USD), gasoline at 1,160 euros (1,316.48 USD), and PHEV at 1,173 euros (1,331.24 USD).

Mid-Range E-Models are More Expensive

In the standard mid-size segment—represented by VW Passat, Hyundai Ioniq 5, Ford Kuga, or Skoda Enyaq, electromobility only leads in 11 out of 28 countries. In Germany, pure electric models are significantly more expensive at 1,045 euros per month than combustion engines: Diesel costs amount to 913 euros (1,036.16 USD), gasoline to 928 euros (1,053.19 USD), and plug-in hybrids to 933 euros (1,058.86 USD).

In the small car segment—analyzed were VW Polo and T-Cross, Peugeot 208 and Opel Mokka—e-models are cheaper than gasoline cars in 18 out of 28 countries. Diesel and PHEVs were not considered in this segment.

In Belgium, the monthly total costs for electric small cars average 853 euros (968.07 USD), while gasoline cars cost 1,082 euros (1,227.96 USD) there. In Portugal, there is also a clear advantage for electric drive at 877 (995.31 USD) versus 1,051 euros (1,192.78USD). In France with 818 (928.35 USD) versus 819 euros (929.48 USD) and Italy with 702 (796.70 USD) versus 718 euros (814.86 USD), the differences are marginal. In some countries, small gasoline cars remain the cheaper choice—such as in Germany with 850 (964.66 USD) versus 726 euros (823.94 USD) or in the United Kingdom with 807  (915.86 USD) versus 748 euros (848.91 USD).

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