What is vehicle Total Cost of Ownership (TCO)?
TCO is the purchase price of an asset plus the costs of operation. When choosing among alternatives in a car-buying decision, buyers should look not just at an item’s short-term price, which is its purchase price, but also at its long-term cost, which is its TCO – and is often lower for a plug-in electric car.
How much less total to own might an EV be? Let the DrivE & SaVe Wizard make this calculation for you!