EV vs Hybrid vs Petrol Car Cost Calculator Philippines

EV vs Hybrid vs Petrol Car Calculator Philippines

Should you keep your car or switch to a hybrid or an electric car? Enter your monthly kilometers, the pump price and your electricity rate, then the price and running costs of each option. The calculator compares keeping your current car, a new petrol car, a hybrid (HEV or PHEV) and a full EV over 3, 5 or 7 years, and shows when switching starts to pay off. It works for BYD and any other brand.

Last updated November 6, 2026. Free, no sign-up, and your numbers stay in your browser.

How to use this calculator

Enter your monthly kilometers, how long you plan to own the car, the pump price and your electricity rates.
Fill Option A with your current car: resale value now and later, fuel economy, maintenance and repairs.
Enter a dealer quote for each new car you are considering: price, efficiency, upkeep and expected resale.
Add your down payment, loan rate and term for financing a new car.
Read the cheapest option, the cost per month and per kilometer, and the break-even time against keeping your car.
Move the fuel price and the charging share to see how the ranking changes.

Keep your car or switch to a hybrid or EV?

Fuel prices, new EV models and plug-in hybrids give Filipino drivers more choice than before. The sticker price is only one part of the cost. Energy, maintenance, insurance, loan interest and how much the car is worth later all change which option is cheapest.

This calculator compares four paths side by side: keep your current car, buy a new petrol car, buy a hybrid (HEV or PHEV), or buy a full EV. You enter the numbers from your own quotes and bills, so it works for BYD and every other brand in the market.

Work out your running costs with the fuel cost calculator, check financing in the car loan calculator, and see how home charging affects your bill with the electricity bill calculator. If you plan to charge from your roof, try the solar payback calculator.

Compare loan offers before you sign through our bank loan comparison and loan rate guide.

How the car cost comparison works

Energy cost is your yearly kilometers divided by fuel economy times the pump price for petrol, kilometers times kWh per 100 km times your blended electricity rate for an EV, and a mix of both for a hybrid.
Depreciation is the new price minus the resale value you expect at the end, spread evenly over the period.
Loan interest counts only the interest you pay within the period, using a diminishing-balance schedule on the amount you finance.
Total cost adds energy, maintenance and repairs, insurance and registration, depreciation, loan interest and the home charger. Break-even is the first month when a new car costs less in total than keeping your current one.

Tips to save more

Use real dealer quotes, not list prices, for each new car.
Charge at home when you can. Public fast charging costs more per kWh.
Be honest about your yearly kilometers. Low mileage favors keeping your car.
Ask for the warranty terms on the battery and the hybrid system.
Compare several loan offers before choosing a bank or dealer financing.

Frequently asked questions

Is an EV cheaper than a petrol car in the Philippines?

It depends on how far you drive and what you pay for electricity. EVs usually cost less per kilometer to run, but the purchase price, insurance and resale value matter too. Enter your own quotes and see where the totals land.

Is a hybrid better than a full EV?

A regular hybrid needs no charger and keeps petrol range, while a full EV has the lowest energy cost if you can charge at home. A plug-in hybrid sits between them. The comparison shows which one costs less for your driving.

Does this work for BYD and other brands?

Yes. The calculator is brand-neutral. Type the price, efficiency and costs for any BYD, MG, Geely, Toyota, Honda, Hyundai or other model you are considering.

Should I keep my current car instead?

If your car is reliable, paid off and you drive little, keeping it often costs less in total. Switching tends to win when your yearly kilometers are high, repair bills are rising or fuel prices climb. Option A includes repairs so the comparison stays fair.

What is the break-even time?

It is the point where the cumulative cost of a new car falls below the cumulative cost of keeping your current one. If it says "Not within" your chosen years, switching does not pay back on these numbers.

Are import duty and EV incentives included?

No. Incentives and duty rules change, so check the latest rules with the dealer, the LTO and the Bureau of Customs. Include any savings by lowering the price or the yearly costs you enter.

Where do I find electricity and charging prices?

Your home rate is on your latest Meralco or cooperative bill. Public charging prices appear in each charging network app. Enter both and set how much you charge at home.

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This calculator gives estimates for planning only. It is not financial, tax or legal advice. Confirm exact figures with your employer, bank, lender or the relevant government agency.