Cost of Ownership

GEM® cars don't require the usual maintenance that a gasoline-powered vehicle needs. Discover how much you can save by owning a GEM car!
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GEM® e6®

TRANSPORTATION

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GEM® eL XD

UTILITY

Compare GEM® e6®* Gas-Powered Van** GEM® eL XD* Gas-Powered Truck**
Vehicle Cost $20,469 $31,446 $15,944 $27,327
Tax/Title/Registration*** $315 $2,459 $315 $2,323
Insurance $1,350 $5,493 $1,350 $5,369
Electricity $536 $0 $536 $0
Fuel $0 $4,381 $0 $2,677
Maintenance**** $0 $883 $0 $947
Total Expenses $22,670 $44,662 $18,145 $38,643
Residual ($8,188) ($14,859) ($6,378) ($12,817)
3 Year Cost to Own $14,482 $29,803 $11,767 $22,955
3 Year Cost of Ownership $/mile $0.77 $1.59 $0.63 $1.22
3 Year Cost of Ownership minus Vehicle Depreciation $/mile $0.12 $0.70 $0.12 $0.60
3 Year Cost of Operation (electricity/fuel + maintenance) $/mile $0.03 $0.28 $.03 $0.19

*Estimated cost of ownership based on a GEM® e6 base model vehicle with maintenance free batteries, hard doors, and a rear window over a three-year period, driving 3,600 miles per year. Electricity cost based on average energy price of electricity (per kWh) in United States. Average costs based on independent research.

**Estimated cost of ownership based on a Standard Size Ford F150 Truck used over a three-year period, driving 3,600 miles per year. Average cost based on independent research.

***Estimated cost of ownership based on a GEM® eL XD base model vehicle with maintenance free batteries, hard doors, and rear window over a three-year period, driving 3,600 miles per year. Electricity cost based on average energy price of electricity (per kWh) in United States. Average costs based on independent research.

****Estimated cost of ownership based on a Standard Chevrolet Express Minivan used over a three-year period, driving 3,600 miles per year. Average cost based on independent research.

*****Sales tax rates vary by state. Consult local dealer for details.

******Average cost based on manufacturer's recommended maintenance schedule.