Can I Afford an EV?
Set your monthly budget and see which EVs actually fit — including payment, insurance, charging, and what you'll save on gas.
Your Budget & Profile
$300$2,000
$0$20k
3003,000 mi
1550 mpg
7EVs fit your budget
$308
payment/mo
$150
insurance/mo
$43
charging/mo
$451
total/mo
~$1,579/yr saved vs gas
$445
payment/mo
$175
insurance/mo
$39
charging/mo
$610
total/mo
~$1,630/yr saved vs gas
$517
payment/mo
$150
insurance/mo
$36
charging/mo
$654
total/mo
~$1,663/yr saved vs gas
$525
payment/mo
$175
insurance/mo
$41
charging/mo
$690
total/mo
~$1,613/yr saved vs gas
$573
payment/mo
$175
insurance/mo
$39
charging/mo
$737
total/mo
~$1,630/yr saved vs gas
$596
payment/mo
$175
insurance/mo
$36
charging/mo
$757
total/mo
~$1,663/yr saved vs gas
$604
payment/mo
$175
insurance/mo
$38
charging/mo
$767
total/mo
~$1,646/yr saved vs gas
2024 Tesla Model 3
MSRP $38,990 · 272 mi range
$673
payment/mo
$150
insurance/mo
$35
charging/mo
$808
total/mo
$643
payment/mo
$175
insurance/mo
$41
charging/mo
$809
total/mo
$678
payment/mo
$175
insurance/mo
$41
charging/mo
$844
total/mo
$713
payment/mo
$175
insurance/mo
$38
charging/mo
$875
total/mo
2024 Tesla Model 3 Long Range
MSRP $45,990 · 341 mi range
$812
payment/mo
$150
insurance/mo
$34
charging/mo
$945
total/mo
$742
payment/mo
$200
insurance/mo
$64
charging/mo
$957
total/mo
2024 BMW i4 eDrive40
MSRP $56,395 · 301 mi range
$1018
payment/mo
$150
insurance/mo
$39
charging/mo
$1157
total/mo
$1330
payment/mo
$175
insurance/mo
$53
charging/mo
$1508
total/mo
Methodology: Monthly total = loan payment + estimated insurance + charging cost − maintenance savings ($50/mo). Electricity at $0.14/kWh. Gas at $3.5/gal with 28 mpg. Federal tax credit applied to purchase price where eligible. Insurance estimates from national averages by vehicle class. Individual rates vary.Verify your tax credit eligibility →