[0:00] Hey, Andre, with the price of gas
[0:01] through the roof, have you ever
[0:02] considered how much money you would save
[0:04] if you went all electric versus a
[0:06] traditional internal combustion car, a
[0:09] hybrid, or plug-in hybrid? I wonder it
[0:11] every day because the price of gas and
[0:13] also diesel is going through the roof,
[0:15] like you said. And does it make sense to
[0:17] buy electric right now or not?
[0:19] >> Yeah, and at the end of this video,
[0:20] you're going to know exactly over 5
[0:22] years how much money you would save if
[0:23] you did buy one or all four of those
[0:27] cars. So, let's start with some basic
[0:28] caveats because there are a lot of
[0:30] caveats here, and that is that the
[0:31] average price of gas as of this video is
[0:33] $4.52 a gallon. That's for the regular
[0:36] gas, not even premium.
[0:37] >> Right. Right. So, that's the number that
[0:39] we're going off of. Now, what we're
[0:40] going to do is we're going to look at
[0:42] the 5-year cost of driving these
[0:44] different kinds of cars and see how much
[0:46] it would cost you in terms of fueling
[0:48] them up. So, let's start with uh the
[0:52] electric car. We picked the Tesla Model
[0:54] Y because it is the most popular car
[0:56] in the world, at least as far as
[0:58] electricity Yep. Yep. Yep. Uh so, the
[1:01] cost of the vehicle, uh we're picking a
[1:02] premium cuz it's all-wheel drive, and
[1:04] all these cars are going to be all-wheel
[1:05] drive, is uh $50,000.
[1:07] >> Okay. 6 $50,600.
[1:09] >> About 50. Yep. The range is 327 miles.
[1:12] Uh
[1:13] battery capacity is 81 kWh.
[1:16] Uh and it charges up to 250 kW on a V3
[1:20] or V4 supercharger. Uh and the running
[1:22] cost, now this is where it gets really
[1:23] caviati, uh depends on how you charge
[1:25] it. So, if you charge it at home, we're
[1:27] going with $0.19 a or 19 cents a kWh.
[1:31] >> And that's kind of a national average
[1:33] based on some Federal Reserve data. Yep.
[1:35] If you're supercharging it, it would be
[1:37] 30 cents a kWh. Electrify America, 48
[1:40] cents a kWh. And EVgo, 25 cents a kWh.
[1:43] But, for the purpose of this video and
[1:45] this calculation, we're going for home
[1:46] charging cuz I think most people charge
[1:49] at home. Yeah, because you're not doing
[1:51] a road trip every day, right? But,
[1:52] you're mostly commuting. So, home
[1:54] charging, I think, makes a lot of sense.
[1:56] All right. so just some quick number
[1:58] crunching that Zach did here and that is
[2:01] using an efficiency of 27 kilowatt hours
[2:06] per 100 miles and that's an EPA number.
[2:08] Okay, for the Model Y. Yep, and the
[2:10] average miles driven once again is
[2:13] 13,500
[2:16] or in other words 3,645 kilowatt hours.
[2:19] This is based on the Federal Highway
[2:21] Administration. So this is not the
[2:22] numbers we're making up. It's based on
[2:24] some data. Okay, so let's talk about
[2:27] 5-year charging cost. If you charge it
[2:29] at a supercharger for 5 years, it would
[2:31] cost you $5,467.
[2:33] Okay. Um, if you use some of the
[2:36] competitors, it would be up to $9,112
[2:40] and if you charged it at home, $3,462.
[2:45] For 5 years, I really like the last
[2:46] number you said, $3,462
[2:50] to run a car for 5 years. That sounds
[2:53] incredible. So the total purchase cost
[2:55] plus running charge is $54,092
[2:58] and some cents. Okay. Let's go from most
[3:01] electric to least electric. So the next
[3:02] one that has the most electrification
[3:04] would be a pure plug-in hybrid and for
[3:07] that one we're going to use the RAV4 XSE
[3:10] plug-in hybrid starts at about 49,295
[3:14] or about the same as a Tesla. I know it
[3:16] is quite pricey but also the RAV4 is one
[3:18] of the most popular vehicles right now.
[3:20] It's actually for 2025 was the most
[3:22] popular car. Yeah, so it's it's you
[3:24] know, all-wheel drive versus all-wheel
[3:26] drive.
[3:28] So they are very comparable in price,
[3:30] very comparable in terms of their number
[3:32] of wheels being driven. The driving
[3:34] range on the plug-in hybrid used to be
[3:36] called the prime is 650 miles.
[3:38] >> That's huge.
[3:39] >> That's a Toyota estimate. Electric range
[3:40] is 52 miles, once again a Toyota
[3:42] estimate. Battery capacity is 22.7
[3:44] kilowatt hours.
[3:46] Uh, and the average efficiency is 43.65
[3:49] kilowatt hours per 100 miles based on
[3:51] the manufacturer. Fuel tank size 15
[3:53] gallons or 14.5 and charging capability
[3:56] up to 50 kilowatts on a DC fast chargers
[3:58] at 11 kilowatts on a level two or home
[4:00] charger. All right, so let's talk about
[4:01] running costs. That's the more important
[4:03] one. Yeah, exactly. And after 5 years
[4:06] and using once again all the assumptions
[4:08] that we have made already. So a 5-year
[4:11] fueling cost including electricity would
[4:14] be $6,681.
[4:17] Um, actually so that's almost double
[4:21] what a Tesla would be.
[4:22] >> Yeah, because now you're figuring the
[4:23] price of gas. Yeah. All right, Andre,
[4:26] assuming the same numbers so we're going
[4:27] to get out of the weeds a little bit
[4:29] here. Let's go to the next least
[4:30] electric one which would be a RAV4
[4:32] Hybrid. How much would that cost to run
[4:34] for 5 years? And now it does not have an
[4:36] electric plug. That's the difference,
[4:38] right? So there's no way to plug it in.
[4:40] It's just a hybrid. Um, so after 5 years
[4:43] according to our data here, $7,441.46.
[4:48] So that's about well, about $800
[4:52] over 5 years than a plug-in hybrid. And
[4:55] then finally Zach threw in just because
[4:58] most people are still buying traditional
[5:00] ice engines the Honda CRV EXL which is a
[5:04] regular gas-powered car. This is cheaper
[5:08] of course 38,350
[5:10] driving range 406 miles average fuel
[5:12] economy according to the EPA 29
[5:14] MPG and fuel tank size 14 which means in
[5:18] terms of numbers Andre Overall after 5
[5:20] years and this is no electricity
[5:22] involved in this particular CRV, 10,520
[5:27] dollars
[5:29] over 5 years in fuel costs according to
[5:32] today's price. All right, Andre, let's
[5:34] wrap this up and do kind of the
[5:35] takeaway. How much would you save if you
[5:37] went all electric? So let's start with
[5:39] the Tesla Model Y. Purchase cost like I
[5:41] said is about $50,000 and the cost of
[5:43] running that for
[5:45] a 5 years would be? 3,462
[5:48] bucks. Okay, now if you decided to go
[5:51] plug-in hybrid with the RAV4, which
[5:53] actually as tested would also cost
[5:55] around $50,000, how much would that be?
[5:57] $6,681
[6:00] or about $3,200
[6:02] difference.
[6:04] Yeah, it's substantial. All right, and
[6:06] then how about the regular old RAV4
[6:08] hybrid, the one that everybody knows?
[6:09] Yes 7,441.
[6:12] So, actually not that much different
[6:14] from a plug-in hybrid, actually. Yeah,
[6:16] so you're not getting that much by going
[6:18] plug-in hybrid. Once again, lots of
[6:19] caveats here. And finally, if you went
[6:22] with the cheapest car, uh the CRV Oof,
[6:25] uh you're you're you're spending $10,520
[6:28] on fuel. So, compared to the Tesla, it's
[6:30] almost 7,000 more. Yeah.
[6:32] Yeah, that's a huge difference. Yeah, so
[6:34] there you have it. Over a five-year
[6:36] period, you will save money. Now, of
[6:38] course, the purchase price of these cars
[6:40] varies greatly. So, for instance, the
[6:42] CRV is 38,000. Uh so, you're going to
[6:44] spend
[6:45] almost 12,000 more by buying the Tesla.
[6:47] Exactly. So, the money you spend
[6:50] initially to buy the Tesla is actually
[6:52] what you would be spending on fueling
[6:54] the Honda. So, it could actually break
[6:56] even in the end. But, I'm wondering,
[6:59] dude, is a plug-in hybrid really worth
[7:01] it? Because there's not a huge
[7:02] difference between that and the regular
[7:04] hybrid. I would just go regular hybrid,
[7:06] maybe. Yeah, or you can go the other
[7:08] way. I mean, you don't have to get the
[7:09] Model Y. You can get a Nissan Leaf SV.
[7:12] Uh those start uh uh you know much less
[7:15] than the Tesla.
[7:16] >> Yeah, about $35,000. And if you want
[7:18] all-wheel drive, you can go with the
[7:19] Hyundai Ioniq 5 SEL, uh which is still
[7:22] $9,000 less than a Tesla Model Y. So,
[7:24] there are a lot of different choices
[7:27] here, but I think
[7:28] the the takeaway for me, Andre, is that
[7:31] the higher the price of gas, the more
[7:33] money you save by going all-electric,
[7:35] which I think is pretty much what we had
[7:36] assumed at the beginning of this video.
[7:38] Yeah, and an electric vehicle versus an
[7:40] internal combustion vehicle, if the
[7:42] technology gets to the point where
[7:44] they're the same price, the electric
[7:46] vehicle wins on on cost.
[7:48] >> And also on maintenance. Yes. Because
[7:50] there are certainly no oil to change,
[7:52] less brakes to change,
[7:54] and then of course the question is how
[7:55] much is the range anxiety,
[7:59] you know, playing into your calculation.
[8:01] Do you have a place to charge it? In
[8:02] other words, are you living in a house
[8:04] where you can plug it in at home, or are
[8:05] you living in an apartment? Do you have
[8:07] to go public charging? So, like I said,
[8:09] this video has so many caveats, but I
[8:12] think if you kind of look at it,
[8:14] it makes sense that the more electric
[8:16] you go, the more money you save on fuel
[8:18] at least over a 5-year period. And if
[8:21] they want to see more videos, Andre,
[8:23] alltfl.com.
[8:25] And thank you, Zach, for putting this
[8:26] together. My mind is reeling with all
[8:28] these numbers. I hope we didn't confuse
[8:29] you too much. We'll see you guys next
[8:30] time. Ciao.