Gig economy · Free calculator

EV vs Gas Rideshare TCO Calculator

Annual total cost of ownership for an EV (Tesla Model 3, Hyundai Ioniq, BYD) vs a gas sedan driving full-time for Uber, Lyft, or DoorDash.

Disclaimer: Simplified straight-line depreciation. Real resale, insurance, tax credits, and battery degradation vary. Not financial advice.

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45,000
$38,000
$26,000
0
$0.14
32
$3.60
$0.04
$0.10
4
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Formula used

EV vs gas TCO

Energy + maintenance is where EVs dominate at gig mileage; depreciation is where they often catch up. Hold period decides who wins.

Annual TCO = energy + maintenance + (price × 50%) ÷ years held
Big lever
Annual miles
EV edge
Fuel + maint
Gas edge
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Source: [EV vs Gas Rideshare TCO Calculator — RevenueLab](https://revenuelab.fyi/ev-vs-gas-rideshare-calculator) (2026).

Why EVs make sense above ~30k miles/year

Full-time gig drivers cover 35–60k miles a year. At those volumes the energy and maintenance gap between an EV and a gas sedan is $4k–$8k/yr — enough to pay off the EV premium in 2–4 years.

  • Energy: $0.04/mi on home electricity vs $0.11–$0.16/mi on gas.
  • Maintenance: no oil changes, far less brake wear (regen), no transmission service.
  • Depreciation: closer to gas now in 2026, but resale value varies sharply by model.
  • Insurance: typically slightly higher for EVs — add 5–10% to the calc if you're being thorough.

When gas still wins

Part-time gig drivers under ~15k miles/year, drivers without home charging (forced onto Supercharger / public DC at $0.30–$0.50/kWh), and drivers in markets where used Camrys / Corollas trade at 60% the price of a comparable EV.

Rideshare-specific EV considerations

Uber Comfort Electric and Lyft Green Mode in supported cities pay a small premium per trip ($0.50–$1.50). Some platforms also offer EV-specific bonuses. Bake any of those into 'gross per hour' on the rideshare calculator.

FAQ

Is a Tesla Model 3 worth it for Uber?

At 40k+ rideshare miles a year with home charging, yes — fuel + maintenance savings usually clear $4–6k/yr, paying back the price premium over a Camry-class sedan in 2–3 years.

What if I don't have home charging?

Public DC fast charging at $0.30–$0.50/kWh closes most of the EV cost advantage. Run the calc with the higher electricity rate to see; for many no-home-charging drivers, a hybrid wins instead.

Does this account for the US EV tax credit?

No — subtract any tax credit (up to $7,500 in the US for qualifying EVs) directly from the EV purchase price before plugging in.

How this calculator is built

Independently maintained

Written by Sam Doshi and the RevenueLab editorial team. We don't sell the data feeds this tool is built on.

Sourced from primary data

Benchmarks come from public AdSense / Stripe / IRS disclosures and reader-submitted data — never third-party "$X per view" claims. Full methodology.

Last reviewed

July 2026. We re-check every figure on the platform on a rolling quarterly cycle.

Editorial standards

See our editorial policy and disclaimer. Results are estimates, not advice.