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TOTAL COST OF OWNERSHIP AND MAINTENANCE
TOTAL COST OF OWNERSHIP AND MAINTENANCE

An EV/PHEV owner's overall cost of ownership (TCO) will can often be lower than a comparable gas vehicle. It is important to focus on the total overall cost of ownership (TCO), not just the MSRP.

Maintenance Costs

Lower maintenance costs are one benefit to owning an EV/PHEV. Because there isn't a powertrain to maintain, maintaining an EV/PHEV can be less expensive than maintaining a gas vehicle. The cost for driving also tends to be lower if an EV is typically driven short distances and charged at home every evening.

Fuel Costs

Driving an EV/PHEV tends can help consumers save money because electricity is generally less expensive than both gas and diesel. Fuel costs will vary from customer to customer based on fuel prices and driving range.

Leasing And Purchasing Incentives

Whether you’re leasing or purchasing an EV, there may be National, Province and/or Local incentives available to you.

Battery-Specific Costs

High-voltage batteries in Stellantis vehicles are covered by a 10-year/160,000-kms limited warranty for 2017 to 2021 model years, or an 8-year/160,000-kms limited warranty on 2022 model year and forward vehicles. Discover more about battery life span, warranties, and recycling programs.

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