Ford Mustang Mach-E (Standard Range RWD) cost to own in Canada — the true 5-year total

By Ivan H., EVCostIQ · reviewed against our public methodology · every source dated on this page

The Ford Mustang Mach-E (Standard Range RWD) starts at $48,090. Over 5 years, owning one (EV) costs about $59,504 in Canada as of July 2, 2026 — $992/month, $0.79/km — including depreciation, charging (with the ~12% charging loss most calculators ignore), maintenance, insurance, financing and registration. That's $5,363 more than a comparable Hyundai Santa Fe Hybrid (Preferred AWD) over the same 5 years.

Ford Mustang Mach-E (Standard Range RWD) incentives & grants

Canada EVAP: up to $5,000 off an eligible new EV ($2,500 PHEV); Quebec / BC may add more. Shown for reference; not in the totals above. Source: Transport Canada.

Ford Mustang Mach-E (Standard Range RWD) · Canada · 5-year estimate$59,504 total · $992/mo · $0.79/km

Where the money goes

5-year total cost of ownership by component, by vehicle (CAD). Estimates; sources dated in the methodology.
Cost component	Electric · Ford Mustang Mach-E	Hybrid · Hyundai Santa Fe Hybrid
Depreciation (estimated)	$27,892 (47%)	$21,024 (39%)
Charging / fuel	$3,729 (6%)	$8,694 (16%)
↳ of which charging loss	12% (~$447)	—
Maintenance	$3,248 (5%)	$4,500 (8%)
Insurance	$15,655 (26%)	$11,750 (22%)
Financing interest	$8,480 (14%)	$7,673 (14%)
Registration & fees	$500 (1%)	$500 (1%)
Total cost of ownership	$59,504	$54,141

Ford Mustang Mach-E (Standard Range RWD) specs & assumptions

Starting price: $48,090manufacturer
Powertrain: Electric
Efficiency: 20.4 kWh/100kmNRCan
Range: 406 kmNRCan
Canada electricity: 16.50c/kWhprovincial utilities
Annual km (assumed): 15,000Canada average

Compare the Ford Mustang Mach-E (Standard Range RWD) against any car, your km & your scenario

What the numbers say

The Ford Mustang Mach-E (Standard Range RWD) costs about $59,504 to own over 5 years in Canada — $992/month, $0.79/km at 15,000 km/yr — and depreciation is the biggest line: $27,892, 47% of the total (as of July 2, 2026).

The Hyundai Santa Fe Hybrid (Preferred AWD) wins decisively here — $5,363 cheaper over 5 years; at typical assumptions this isn't a close call.
The Ford Mustang Mach-E (Standard Range RWD) pulls ahead of the Hyundai Santa Fe Hybrid (Preferred AWD) if you drive more than about 28,000 km/yr.
On cost per month the Ford Mustang Mach-E (Standard Range RWD) ranks #2 of 4 midsize SUV models we track in Canada.
Where the Ford Mustang Mach-E (Standard Range RWD)'s $59,504 actually goes: depreciation $27,892 (47%), insurance $15,655 (26%), financing interest $8,480 (14%), charging $3,729 (6%), maintenance $3,248 (5%), registration & fees $500 (1%).
Per km, that is $0.37 of depreciation and $0.05 of charging, with $0.37 for everything else — $0.79/km all-in.
Charging vs the fleet: at $3,729 over 5 years the Ford Mustang Mach-E (Standard Range RWD) sits within $566 of the $3,163 median for the 21 EVs we price — nothing unusual either way.

What we assume for maintenance

Assumed $650/yr for an EV at 15,000 km/yr — about $3,248 of the 5-year total above. On this market's assumptions an EV runs about $525/yr less in maintenance than a gas car ($650 vs $1,175). See the methodology for sources; adjustable in the calculator.

Ford Mustang Mach-E (Standard Range RWD) battery — replacement cost & lifespan

Most EVs never need a battery replacement inside the manufacturer's battery warranty, so this is not in the 5-year total above — but it's the cost buyers ask about most, so here it is transparently. US-sourced replacement pricing (recharged.com); local pricing varies.

Out-of-warranty replacement: US$12,000–US$25,000US-sourced estimate
Battery warranty (US terms): 8 yr / 100,000 mimanufacturer · local terms may differ
Typical lifespan: ~13 yrindustry est.

Cost to charge the Ford Mustang Mach-E (Standard Range RWD) at home

The Ford Mustang Mach-E (Standard Range RWD) runs about $3.82 per 100 km at home — versus about $11.76 for a typical 7 L/100km petrol car. Home charging only (the ~12% AC charging loss is included); public DC fast-charging is billed per session by each network — often 2–3× the home rate — and isn't in these figures.

Per 100 km at home: $3.8220.4 kWh/100km + 12% charging loss × $0.17/kWh
A typical 7 L/100km petrol car: $11.76/100kmat $1.68/L — for comparison

Cost to charge an EV in Canada — every model →

Head-to-head: EV vs gas

Ford Mustang Mach-E (Standard Range RWD)vsHonda CR-V (LX gas FWD)

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FAQ

How much does it cost to charge the Ford Mustang Mach-E (Standard Range RWD) at home?

About $3.82 per 100 km — home charging, with the ~12% AC charging loss included, at $0.17/kWh. A typical 7 L/100km petrol car costs about $11.76 per 100 km.

How much does the Ford Mustang Mach-E (Standard Range RWD) battery replacement cost?

About US$12,000–US$25,000 out of warranty — US-sourced replacement pricing (recharged.com); local pricing varies. Most EVs never need one inside the manufacturer's battery warranty (8 years / 100,000 mi, US terms), so it is not in the 5-year total above.

What does the Ford Mustang Mach-E (Standard Range RWD) really cost to own over 5 years in Canada?

The Ford Mustang Mach-E (Standard Range RWD) costs about $59,504 to own over 5 years in Canada — about $992/month — including depreciation, charging, maintenance, insurance, registration and financing.

How much does the Ford Mustang Mach-E (Standard Range RWD) cost per month in Canada?

About $992/month over 5 years ($0.79/km) — depreciation, charging, insurance, maintenance, registration and financing included.

Is the Ford Mustang Mach-E (Standard Range RWD) cheaper to own than the Hyundai Santa Fe Hybrid (Preferred AWD)?

No — about $59,504 vs $54,141 over 5 years in Canada: $5,363 more.

How much does charging cost for the Ford Mustang Mach-E (Standard Range RWD) over 5 years?

About $3,729 at Canada rates (including the ~12% AC charging loss) — already inside the total above.

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