Car Cost Index 2021

2 min to readResearch
Electric cars now cheaper than petrol and diesel cars in the majority of European countries - Sweden with the third lowest total cost
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LeasePlan Sweden are now sharing their key insights from Car Cost Index 2021, a European study that compares how the total cost of cars with different propellants differ between European countries. The index shows that small to medium sized electric cars now has a lower total cost than petrol- and diesel cars, in the majority of countries. In Sweden the total cost to own an electric car is the lowest in Europe, after Germany and Greece.

LeasePlans annual car-cost-index is published for the sixth time and contains an extensive analysis of the total cost (TCO) of owning a car, which includes fuel/energy, depreciation, taxes, insurance and maintenance, in a total of 22 European countries. Sweden stands out as one of the countries where it is most cost-effective to choose an electric car. In Sweden, the total cost of owning an electric car, is the lowest in Europe, after Germany and Greece.

Malin Malm continues,

Key insights from the study

Total cost for owning a car in the D2-segment

**About the study ** The 22 countries that are included in the study are: Austria, Belgium, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Luxembourg, The Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Spain, Sweden, Switzerland and The United Kingdom. The total cost is calculated as an average during the first four years of ownership and assumes an average of 30 000 kilometres driver per year.

Published at October 28, 2021
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October 28, 2021
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