Electric Alternative to the Toyota Camry
2024 Toyota Camry · 32 mpg combined · $27,115 MSRP
What your Toyota Camry costs to run
3 EVs that fit
Ranked by total 5-year cost savings vs your Toyota Camry.
Chevy Bolt EV
259 mi range · MSRP $26,500
| Cost (5 years) | Chevy Bolt EV | Toyota Camry | EV saves |
|---|---|---|---|
| Fuel | $2,475 | $6,000 | +$3,525 |
| Maintenance | $2,400 | $5,500 | +$3,100 |
| Insurance | $8,250 | $8,750 | +$500 |
| Depreciation | $14,575 | $10,304 | -$4,271 |
| 5-yr running total | $27,700 | $30,554 | +$2,854 |
5-yr running costs = depreciation + fuel + insurance + maintenance. Purchase price shown separately. 12,000 mi/yr, national avg energy prices.
State incentives may apply. 14+ states offer $2,000–$7,500 for qualifying EVs. Check your state →
Tesla Model 3
272 mi range · MSRP $40,240
| Cost (5 years) | Tesla Model 3 | Toyota Camry | EV saves |
|---|---|---|---|
| Fuel | $2,415 | $6,000 | +$3,585 |
| Maintenance | $2,750 | $5,500 | +$2,750 |
| Insurance | $11,000 | $8,750 | -$2,250 |
| Depreciation | $16,901 | $10,304 | -$6,597 |
| 5-yr running total | $33,066 | $30,554 | -$2,512 |
5-yr running costs = depreciation + fuel + insurance + maintenance. Purchase price shown separately. 12,000 mi/yr, national avg energy prices.
State incentives may apply. 14+ states offer $2,000–$7,500 for qualifying EVs. Check your state →
Kia EV6
310 mi range · MSRP $42,600
| Cost (5 years) | Kia EV6 | Toyota Camry | EV saves |
|---|---|---|---|
| Fuel | $2,415 | $6,000 | +$3,585 |
| Maintenance | $2,650 | $5,500 | +$2,850 |
| Insurance | $10,250 | $8,750 | -$1,500 |
| Depreciation | $18,744 | $10,304 | -$8,440 |
| 5-yr running total | $34,059 | $30,554 | -$3,505 |
5-yr running costs = depreciation + fuel + insurance + maintenance. Purchase price shown separately. 12,000 mi/yr, national avg energy prices.
State incentives may apply. 14+ states offer $2,000–$7,500 for qualifying EVs. Check your state →
What actually changes when you switch
You pay less for
- ✓ Fuel — electricity is 3–4× cheaper per mile than gas at current prices
- ✓ Oil changes — EVs don't have them
- ✓ Brake jobs — regenerative braking extends pad life
- ✓ Transmission service — no transmission
You pay more for
- ○ Purchase price — most EVs cost $5K–$15K more upfront
- ○ Insurance — EVs cost 10–25% more to insure on average
- ○ Home charger — Level 2 install runs $800–$1,500
- ○ Tire replacement — heavier EVs can wear tires faster