Facing off: the 2022 Chevy Bolt EV versus the 2022 Honda Civic Sedan

March 7, 2022

Comparing costs: a fuel-efficient gas vehicle versus an EV

“Aren’t electric vehicles expensive?”  It’s a question I hear a lot – so here’s a quick comparison between a 2022 Honda Civic Sedan (2.0 litre/4 cyl) and a 2022 Chevy Bolt EV.  (A caveat: I’m not an accountant so there may be gaps in my methodology – but it should serve as a pretty good indication.)

The key takeaway: at today’s fuel prices, the extra cost of purchasing the Bolt would be recovered in fuel savings in just two and a half years – and that’s over a Civic, which is already a pretty efficient gas vehicle!  Plus:

  • That payback happens more quickly the more you drive and the higher gas prices go
  • EVs require far less maintenance than gas vehicles; if maintenance costs were included above, the payback would be even quicker.

True, you do need to invest a bit more up front when buying an EV (for now – prices are coming down).  And true, EVs are suffering from the same supply chain issues as everything else. But vehicles account for a large chunk of our carbon footprint.  So if a new one is on your horizon, hopefully this gives you renewed resolve to make it electric – for your planet and your pocketbook.

Here’s a nice summary of FAQs and all you need to know about EVs; and here’s a nice tool to help you identify the EV that best suits your needs.

One Response to “Facing off: the 2022 Chevy Bolt EV versus the 2022 Honda Civic Sedan”

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