Rising Gas Prices Add $706 to the Cost of Driving a Gas-Powered Car

Gasoline prices surged nearly 46% between January 1 and April 30, 2026, causing a $706 annual increase in fuel costs for gas-powered vehicles, according to an iSeeCars analysis of over 2.1 million used cars sold in 2025. Electric vehicles (EVs), however, saw minimal impact, with annual fuel costs rising just $11 over the same period. The study highlights how drivetrain type and vehicle usage influence cost sensitivity. Internal combustion engine vehicles faced the largest increase, rising from $1,533 to $2,240 annually, while conventional hybrids increased by $486 and plug-in hybrids by $291. EVs, despite averaging 11,880 miles per year, remained largely unaffected due to their reliance on electricity rather than gasoline. Among gas-powered vehicles, minivans and trucks were hit hardest. Minivans, driven an average of 19,292 miles annually, saw fuel costs jump by $1,139, from $2,472 to $3,610. Trucks followed with a $992 increase, driven by their lower fuel efficiency despite averaging 14,369 miles per year. SUVs and passenger cars experienced smaller increases of $681 and $606, respectively. The analysis underscores the financial advantage of EVs and hybrids during fuel price volatility. Karl Brauer, iSeeCars Executive Analyst, noted that gas price spikes recur every few years, disproportionately affecting budget-conscious drivers of less efficient vehicles. For consumers prioritizing cost stability, hybrids or plug-in hybrids offer a middle ground, reducing exposure to gasoline price swings. The data reflects broader trends in vehicle ownership, where functionality often comes at the cost of fuel efficiency. Minivans and trucks remain popular for their versatility, but their high mileage and poor fuel economy amplify the impact of rising gas prices. The study suggests that drivetrain choice plays a critical role in mitigating financial strain during periods of energy cost inflation.