Danes must prepare for the fact that there will be money in the budget. At least when it comes to cars. This is shown by calculations from FDM.
FDM reports increasing costs of car ownership in 2025. The expectation is that it will be between 1,000 and 3,000 kroner more expensive to own a car compared to 2024, depending on the car's fuel and price.
Although electricity prices are expected to fluctuate, and owners of electric cars with their own charging stations can benefit from low charging prices, other factors are pulling in the opposite direction. Insurance premiums are rising, as are the costs of tires and depreciation. In addition, taxes on gasoline and diesel have increased in 2025.
This is the conclusion of the member association in a press release , which is based on FDM's annual car budget, which takes into account all relevant expenses associated with owning a car.
FDM's car budget calculates the total cost per kilometer for cars in different price ranges. The calculations are based on an annual driving consumption of 20,000 kilometers and an ownership period of five years.
For the first time, the budget includes an electric car for 200,000 kroner, which allows a direct comparison with gasoline cars in the same price range.
In addition, calculations have been made for both petrol and electric cars priced at DKK 300,000 and DKK 400,000, as well as petrol cars priced at DKK 150,000, as there is not yet a sufficient supply of electric cars in this price range.
Diesel cars and plug-in hybrids are not included in the calculations, as sales to private individuals have decreased significantly.
FDM's car budget shows that electric cars remain the cheapest choice. If you are considering buying a new car in 2025, the calculations point to a potential saving of 8,000-10,000 kroner annually by choosing an electric car.
– If you are going to buy a new car this year, from a private financial perspective it should be an electric car. Here, drivers can save up to DKK 10,000 annually compared to a similar petrol car, says Ilyas Dogru from FDM.
FDM emphasizes that it is especially the costs of electricity and service and repair agreements that make electric cars cheaper to operate.
Depreciation is the largest expense in the car budget. Previously, depreciation was relatively stable over a five-year period, but this is no longer the case. Falling prices for electric cars, increased competition from Chinese manufacturers and imports of used electric cars are contributing to a more unpredictable market.
– The resale value of cars is more uncertain than ever, says Ilyas Dogru.
FDM therefore recommends choosing a car that you can keep for a longer period of time, in order to amortize the higher loss in value over several years.
Although FDM's car budget shows that electric cars are generally cheaper to own, FDM emphasizes that this does not necessarily mean that everyone should replace their current car.
– If you have a well-functioning gasoline car that meets the family's needs, it is often cheaper to keep it from a private financial point of view, says Ilyas Dogru.
FDM expects that prices for electric cars will fall further in the coming time, driven by lower battery prices and increased competition.
