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Ford Mustang Mach-E Total Cost of Ownership Calculator

The Ford Mustang Mach-E's 7-year cost of ownership against a Toyota RAV4 Hybrid, on your state's electricity and gas prices.

Updated · By Niraj Kumar · 6 sources

The cars

$

Select RWD starting price. Replace it with your quote.

$

Hybrid LE FWD, 44 mpg combined.

Where and how you charge

%
0%100%

The rest is public fast charging. Most owners with a driveway charge 80-90% at home.

¢/kWh

California residential average (EIA). Enter the all-in rate from your bill to override.

¢/kWh

Driving

years
1 yr10 yrs
$per gallon

California average for regular (AAA).

Fine-tune

%
0%10%
%
0%10%
%
0%8%

About 2% is typical; the loss slows after that. Hot climates and frequent fast charging push it up.

$

The federal credit ended for cars bought after 30 September 2025.

$

Set to 0 if you already have one or will use a standard outlet.

$
$

Assumed full coverage; replace both with quotes.

How you payHow you pay
Over 7 yearsGas saves $11,065The EV does not catch up within 7 years

The Ford Mustang Mach-E costs 11.7¢ a mile to charge, against 14.1¢ a mile in gas for the Toyota RAV4.

Ford Mustang Mach-E, total cost
$65,694
78.2¢ a mile, all in
Toyota RAV4, total cost
$54,629
65.0¢ a mile, all in
EV price premium repaid
Not in 7 yrs
from running savings, before resale
Battery at the end
92%
about 240 of 260 miles of range
CO₂ avoided
6.9 tonnes
at the US grid average
Cost of ownership if sold at the end of each yearFord Mustang Mach-EToyota RAV4
$0$20 K$40 K$60 K$80 K$65.69 K$54.63 K1234567
Cash saved by choosing the EV, before resaleStill to recoverAhead
$-12.5 K$-10 K$-7.5 K$-5 K$-2.5 K$001234567
Where the money goes over 7 years
CostFord Mustang Mach-EToyota RAV4
Purchase less resale$32,319$19,469
Charging or gas$10,688$12,550
Maintenance$5,040$7,560
Insurance$16,800$15,050
EV registration fees$847$0
Total$65,694$54,629
Year-by-year costs and battery healthShow
YearChargingGasBatteryRangeEV cost to dateGas car cost to date
1$1,401$1,68898%254 mi$21,152$12,584
2$1,445$1,72296%251 mi$30,702$20,407
3$1,485$1,75695%248 mi$38,671$27,626
4$1,526$1,79295%246 mi$45,870$34,562
5$1,568$1,82794%244 mi$52,706$41,214
6$1,610$1,86493%242 mi$59,178$47,903
7$1,654$1,90192%240 mi$65,694$54,629

How the Ford Mustang Mach-E Total Cost of Ownership Calculator works

TCO = Price × (1 + tax) − rebates + charger + Σ₍y₎ [energy₍y₎ + maintenance + insurance + fees] + interest − resale₍N₎

This page uses the same method as the EV vs Gas Total Cost of Ownership Calculator, which explains each term and assumption in full.

Worked example

A Ford Mustang Mach-E Select RWD ($40,535) against a Toyota RAV4 Hybrid LE FWD ($31,900) in California, driven 12,000 miles a year for 7 years, paid in cash, charging 80% at home.

  1. 1Home electricity costs about 33.6¢ a kWh; with 20% fast charging at 48.0¢ the blend is 36.5¢
  2. 2At 32 kWh/100 mi the Ford Mustang Mach-E costs 11.7¢ a mile; at 44 mpg and $6.19 a gallon the Toyota RAV4 costs 14.1¢ a mile
  3. 3Buying costs $45,695 for the EV with tax and a home charger, against $34,781
  4. 4After 7 years the battery keeps about 92% of its capacity, and the cars would sell for about $13,377 and $15,312

Over 7 years the Ford Mustang Mach-E costs $65,694 to own and the Toyota RAV4 $54,629, so the gas car comes out $11,065 cheaper at these assumptions.

Frequently asked questions

Is the Ford Mustang Mach-E cheaper to own than the Toyota RAV4?

At California prices and 12,000 miles a year, the Ford Mustang Mach-E costs about 11.7¢ a mile to charge and the Toyota RAV4 14.1¢ a mile in gas; its running savings do not repay the higher price within 7 years. Counting depreciation, the Toyota RAV4 comes out about $11,065 cheaper to own over 7 years. Cheaper home electricity, more miles, a rebate or a lower price than list all move the result, so try your own figures.

How does the Mach-E's efficiency affect its running cost?

The EPA rates the Mach-E Select RWD at 32 kWh per 100 miles, against 27 for a Model Y, so it needs about 19% more electricity for the same miles. On a cheap overnight rate the difference is small; on public fast charging it adds up.

How much does it cost to charge a Ford Mustang Mach-E at home in California?

At California's average residential rate of 33.6¢ a kWh, filling the Ford Mustang Mach-E's roughly 72 kWh battery from empty costs about $24 before charging losses. At 32 kWh per 100 miles measured at the wall, 12,000 miles a year with 20% fast charging comes to about $1,401, or 11.7¢ a mile.

How much range does a Ford Mustang Mach-E lose in 7 years?

At 12,000 miles a year the model here expects the battery to keep about 92% of its capacity after 7 years, so the 260-mile EPA range becomes roughly 240 miles. Heat, frequent fast charging and keeping the battery at 100% speed this up; the retention curve is an assumption you can change.

Sources

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