AAA Report: EVs Projected to Remain More Expensive to Own Than Gas Cars Through 2026

A new analysis by AAA indicates that electric vehicles will continue to have higher overall ownership costs compared to their gasoline-powered counterparts for at least the next two years. Despite fluctuating fuel prices, the report suggests EVs still command a premium in depreciation, insurance, and purchase price. This finding could particularly influence the used EV market, prompting buyers to re-evaluate potential savings.