There are many advantages if you have a complete electric car (EV) like Tesla. Not only can you reduce your carbon footprint while driving, but you can save money on gas. This is because EV charging costs are usually cheaper than what you need to fill the pump.
If you are on the Tesla or Toyota Rav4 market, you may be wondering which one is more economical. Although EV may seem like a clear winner at first, other costs must be considered.
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Here’s what Tesla usually costs to charge compared to the Toyota RAV4 every month, as well as a few more basic numbers.
Also, look at the states where Tesla cost the most.
Tesla: Typical charging costs
Based on Energyssage (which uses the average national electricity consumption of the Energy Information Administration), you can cost from $ 10.95 to $ 17.99. The exact price depends on which model you have.
The full charge usually costs:
On average, electricity costs $ 0.1564 per kilowatt -hour (kWh). When you break up, you look at the spending about $ 0.0456 per mile.
Remember, what you really spend to charge your EV depends on which model you have and how much you drive. For example, the Tesla model Y long -distance RWD can take about 357 miles full of charge. Meanwhile, the Model 3 Long Range RWD goes about 363 miles.
According to the Federal Highway Administration, people go on average 13,476 miles each year. This is about 1,123 miles a month. This means that the average Tesla driver will need to fully charge his vehicle about three times a month, which would cost between $ 33 and $ 54 based on the above average.
It is worth noting that a small percentage of approximately 6% to 10% – lost during charging for no clean power. This means that you may need a little more energy to fully charge your vehicle. You may also want your vehicle to be connected through long non -use, which may add some additional charging costs.
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Toyota RAV4: Typical petrol costs
According to the latest Edmunds, 2024 The Toyota RAV4 XLE costs an average of $ 126 to fill in each month. This is a little less than a regular SUV that will bring you closer to $ 174 a month.
These figures are based on 55% driving in the city and 45% on the highway. If you were just on the highway-like long distance trip to work and back-it would cost closer to $ 113 a month. City drivers can expect to spend about $ 138 a month.
Remember that there is a hybrid choice that can cost less. For example, the Toyota RAV4 Hybrid costs around $ 94 a month (55% of the city, 45% highway) for Edmund.
Tesla and Toyota RAV4: Side comparison
Looking for the original Tesla and Toyota RAV4 (not a hybrid SUV) comparison? Here’s what you can expect from fuel and charging costs, for fuel economy.Gov:
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2024 Tesla model s: This EV receives approximately 122 MPG (together) and has a 402 mile range. The charge costs about $ 600 a year (or $ 50 a month). It is estimated that in five years, compared to similar vehicles, will save $ 5,500 annually.
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2024 Tesla Model X: This model gets approximately 100 Mpge (together) and has a 335 mile range. Approximately costs $ 750 a year.
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2024 Toyota RAV4: With this vehicle you will get 30 Mpg (27 city, 35 highway). In the tank it costs around $ 1600 a year, it is still about $ 500 less than similar new SUVs.
Here are some other expenses to consider when choosing Tesla and Toyota RAV4.
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The starting price: The 2025 Tesla Model 3 starts at about $ 44.130 per car and driver, and the site reported that the Toyota RAV4 initial MSRP is $ 31,000 (depending on where you live and update).
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Charging station and installation: With EV, you may want to buy a charging home, which can cost $ 300 to $ 650 (installation not included) on the Tesla website.
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Tax credits or incentives: With EV, you can meet certain tax benefits, which could help to compensate for the initial costs.
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Other costs: Insurance, depreciation and maintenance also affects your overall costs.
According to Melanie Musson, an autoinance.org automotive expert, RAV4 is more economical than Tesla. Why?
“EVS insurance is more expensive than ice insurance because EVs often more expensive,” Musson said. “EV is a lot of technology, especially Tesla. Those technological features such as sensors and cameras can be damaged in an accident. “
Musson also noted that some Tesla models can underestimate up to 60%in the first five years. The Toyota RAV4 underestimates the slower about 30%.
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This article initially appeared on the website gobankingrates.com: That’s what Tesla Monthly Vs. Gas Using Toyota RAV4