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Electric Models: Depreciation Still Drags Down Ownership Costs

Electric Models: Depreciation Still Drags Down Ownership Costs

A lifecycle analysis by Vincentric found that total cost of ownership (TCO) for electric vehicles underperforms plug-in hybrid electric and traditional hybrid model counterparts. Running EVs more miles per year has a substantive positive impact on TCO.

March 2, 2021

LeasePlan’s Smolka Shares Challenges to EV Fleet Implementation
TCO for Hybrids Failing to Keep Pace

TCO for Hybrids Failing to Keep Pace

Only seven of 29 hybrids offered in the 2016 model year showed a lower total cost of ownership than their gasoline counterparts, representing a sharp decline from 2012 levels, according to an analysis by Vincentric.

August 23, 2016

Vincentric: Hybrids Losing Their Competitive Edge

Vincentric: Hybrids Losing Their Competitive Edge

Gasoline-electric hybrids are losing their competitive edge over ther gasoline counterparts due to falling fuel prices and more efficient internal combustion engines, according to a five-year owner cost analysis by Vincentric.

October 30, 2014

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