$1,052 to Gas Toyota RAV4 Hybrid vs. $205 to Energize Kia EV6



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Just a few days in the past, I regarded into how a lot it will value to gas a Hyundai Santa Fe versus how a lot it will value to “gas” a Hyundai IONIQ 5. I loved doing the comparability, so I wished to do it with extra fashions. With information that Kia has simply slashed pricing on the EV6 (my favourite automobile available on the market), this appeared like the plain mannequin to make use of subsequent.

I attempted to think about an excellent automobile to match the EV6 to, and I got here up with the Toyota RAV4. (I’m completely satisfied to take strategies for different comparisons you probably have them.) At this level, I haven’t but run the comparisons, so I don’t know the way issues will land. Let’s undergo it collectively and see what we discover!

In that earlier article, reader William Fitch really helpful that we use the time period “energize” as a substitute of “gas” for EVs. I like that concept — “energize” is a enjoyable phrase and it really works.

Kia EV6 vs. Toyota RAV4

The Toyota RAV4 is a considerably larger automobile, but it surely’s fairly comparable. The EV6 is definitely ~3 inches longer and one inch wider, however the RAV4 is considerably taller. The EV6 gives 4 extra cubic toes of passenger quantity and gives considerably extra legroom. Nonetheless, the RAV4 gives significantly extra cargo area. Some persons are going to desire the additional passenger area, some will desire extra cargo capability.

For the comparability, these are the important thing assumptions I used:

  • $4.42/gallon of gasoline — the common worth of gasoline in Florida in the meanwhile
  • $0.07/kWh electrical energy — the value I pay to cost my EV in a single day
  • 10,000 miles and 15,000 miles (two situations) — which is about how a lot I drive and roughly the US common, respectively.
  • 42 MPG — common gas economic system of the Toyota RAV4, per the EPA
  • 3.4 miles/kWh — common power effectivity of Kia EV6 RWD trims, per the EPA

At 10,000 miles, the result’s that the Toyota RAV4 Hybrid prices $1,052 to gas whereas the Kia EV6 prices $205 to energise. Which means a financial savings of $846 by getting the EV6 as a substitute.

At 15,000 miles, the result’s that the Toyota RAV4 Hybrid prices $1,578 to gas whereas the Kia EV6 prices $308 to energise. Which means a financial savings of $1,269 by getting the EV6 as a substitute.

In fact, multiply these financial savings throughout 10 years and also you’d be at $8,460 or $12,690 in financial savings! That does assume these are the averages throughout 10 years, and forecasting these averages will get more durable the additional out you go.

General, these are some large financial savings, and I do know what I’d be selecting!

Tip of the hat to the ChooseEV financial savings calculator.

Sure, this text replaces an earlier article through which I mistakenly used a comparability mannequin that didn’t make sense to make use of right here.


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