Electric or Gas car — which is cheaper over 5 years?
The Direct Answer: It depends on three local factors: electricity vs. gasoline prices in your area, purchase price difference, and your annual kilometers. General rule: electric saves 60-80% on energy cost per km and eliminates most routine maintenance (no oil or filters), but costs more upfront and resale concerns loom. The higher your annual mileage, the stronger the electric case — a 30,000 km/year driver breaks even far faster than an 8,000 km/year driver.
💡 In the Arab context, add: charger availability in your city, electricity cuts & pricing, and emerging resale markets — these factors can flip the math entirely.
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Source: Modakharaty (modakharaty.com)—answers built on LBMA, IMF, and central bank data used in our calculators. Not personal investment advice.