Ford Mustang Mach-E vs Kia Niro EV: cost to own

Verdict, over 6 years

They cost about the same

Within $1,056: too close to call. Closest matching trims: same fuel and drive where possible.

Mustang Mach-E Select eAWD$1,099/moTrue cost

Niro EV Wind$1,085/moTrue cost

2026 Ford Mustang Mach-E

Closest matching trim: Mustang Mach-E Select eAWD

Sticker (MSRP)$44,995

+$5,137→↓Freight, fees, HST

Drive away$50,132

+ running costs→↓− $15,559 resale

True cost$1,099/moA month to own, after resale

2026 Kia Niro EV

Closest matching trim: Niro EV Wind

Sticker (MSRP)$45,595

+$4,176→↓Freight, fees, HST

Drive away$49,771

+ running costs→↓− $15,520 resale

True cost$1,085/moA month to own, after resale

Line by line


Price
Sticker (MSRP)	✓ $44,995	$45,595	Mustang Mach-E by $600
Freight and fees, before tax	$3,794	✓ $2,875	Niro EV by $919
Sales tax (HST)	$6,343	✓ $6,301	Niro EV by $42
EV rebate	−$5,000	−$5,000	—
Drive-away price	$50,132	✓ $49,771	Niro EV by $361
Running costs, 6 years
Fuel or charging	$3,363	✓ $3,128	Niro EV by $235
Insurance (estimate)	$15,309	✓ $15,111	Niro EV by $198
Maintenance (estimate)	$5,907	✓ $5,750	Niro EV by $157
Loan rate	6.5%	6.5%	—
Loan interest	$9,492	✓ $9,416	Niro EV by $76
Lost return on your money	$10,408	✓ $10,338	Niro EV by $70
Resale after 6 yrs	✓ −$15,559	−$15,520	Mustang Mach-E by $39
Total
True cost	$79,142	✓ $78,086	Niro EV by $1,056
True cost a month	$1,099/mo	✓ $1,085/mo	Niro EV by $14
You pay each month	$1,101/mo	✓ $1,087/mo	Niro EV by $14
Practical
Fuel type	Electric	Electric	—
Seats	5	5	—
Carry-ons, 2 people	Not published	5	—
Fast charge, minutes	—	43 (10-80%)	—
Cargo behind row 2, litres	Not published	646	—
Range, km (winter about 70%)	✓ 483 (338)	407 (285)	—
Length	—	4.42 m	—
Ground clearance	—	15 cm	—
Resale % after 6 yrs	✓ 35%	34%	—
US crash test	✓ 5★	Not rated yet	—
European crash test	—	✓ 4★ (2022); 5★ with pack	—

Price

Sticker (MSRP)

Mustang Mach-E Select eAWD ✓ $44,995Niro EV Wind $45,595Cheaper by Mustang Mach-E by $600

Freight and fees, before tax

Mustang Mach-E Select eAWD $3,794Niro EV Wind ✓ $2,875Cheaper by Niro EV by $919

Sales tax (HST)

Mustang Mach-E Select eAWD $6,343Niro EV Wind ✓ $6,301Cheaper by Niro EV by $42

EV rebate

Mustang Mach-E Select eAWD −$5,000Niro EV Wind −$5,000Cheaper by —

Drive-away price

Mustang Mach-E Select eAWD $50,132Niro EV Wind ✓ $49,771Cheaper by Niro EV by $361

Running costs, 6 years

Fuel or charging

Mustang Mach-E Select eAWD $3,363Niro EV Wind ✓ $3,128Cheaper by Niro EV by $235

Insurance (estimate)

Mustang Mach-E Select eAWD $15,309Niro EV Wind ✓ $15,111Cheaper by Niro EV by $198

Maintenance (estimate)

Mustang Mach-E Select eAWD $5,907Niro EV Wind ✓ $5,750Cheaper by Niro EV by $157

Loan rate

Mustang Mach-E Select eAWD 6.5%Niro EV Wind 6.5%Cheaper by —

Loan interest

Mustang Mach-E Select eAWD $9,492Niro EV Wind ✓ $9,416Cheaper by Niro EV by $76

Lost return on your money

Mustang Mach-E Select eAWD $10,408Niro EV Wind ✓ $10,338Cheaper by Niro EV by $70

Resale after 6 yrs

Mustang Mach-E Select eAWD ✓ −$15,559Niro EV Wind −$15,520Cheaper by Mustang Mach-E by $39

Total

True cost

Mustang Mach-E Select eAWD $79,142Niro EV Wind ✓ $78,086Cheaper by Niro EV by $1,056

True cost a month

Mustang Mach-E Select eAWD $1,099/moNiro EV Wind ✓ $1,085/moCheaper by Niro EV by $14

You pay each month

Mustang Mach-E Select eAWD $1,101/moNiro EV Wind ✓ $1,087/moCheaper by Niro EV by $14

Practical

Fuel type

Mustang Mach-E Select eAWD ElectricNiro EV Wind ElectricCheaper by —

Seats

Mustang Mach-E Select eAWD 5Niro EV Wind 5Cheaper by —

Carry-ons, 2 people

Mustang Mach-E Select eAWD Not publishedNiro EV Wind 5Cheaper by —

Fast charge, minutes

Mustang Mach-E Select eAWD —Niro EV Wind 43 (10-80%)Cheaper by —

Cargo behind row 2, litres

Mustang Mach-E Select eAWD Not publishedNiro EV Wind 646Cheaper by —

Range, km (winter about 70%)

Mustang Mach-E Select eAWD ✓ 483 (338)Niro EV Wind 407 (285)Cheaper by —

Length

Mustang Mach-E Select eAWD —Niro EV Wind 4.42 mCheaper by —

Ground clearance

Mustang Mach-E Select eAWD —Niro EV Wind 15 cmCheaper by —

Resale % after 6 yrs

Mustang Mach-E Select eAWD ✓ 35%Niro EV Wind 34%Cheaper by —

US crash test

Mustang Mach-E Select eAWD ✓ 5★Niro EV Wind Not rated yetCheaper by —

European crash test

Mustang Mach-E Select eAWD —Niro EV Wind ✓ 4★ (2022); 5★ with packCheaper by —

✓ marks the better figure. Resale is from used prices: the Mustang Mach-E typical for its type and brand, the Niro EV from its own. Their stickers differ by $600.