Is an EV or hybrid cheaper to own overall?

It depends on the purchase price, your local electricity and gas prices, how much you drive, insurance, maintenance and resale value. EVs often save on fuel and maintenance but may cost more up front and to insure, while hybrids typically cost less up front and deliver strong fuel savings without changing habits. Use fueleconomy.gov to compare fuel costs. On OffLot, every vehicle page shows an out-the-door estimate and a What can I afford? tool to help compare total cost.