Ford Mustang Mach-E (Standard Range RWD) vs Honda CR-V (LX gas FWD): 5-year cost to own (Canada)

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

Over 5 years in Canada (15,000 km/yr), as of July 2, 2026, the Honda CR-V (LX gas FWD) stays the cheaper car to own — about $57,015 vs $59,504 for the Ford Mustang Mach-E (Standard Range RWD), a $2,489 difference over 5 years.

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.

Cheaper to own over 5 years · CanadaHonda CR-V (LX gas FWD) · $57,015 total · $2,489 less than the Ford Mustang Mach-E (Standard Range RWD)

Ford Mustang Mach-E (Standard Range RWD) vs Honda CR-V (LX gas FWD) — 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	Gas · Honda CR-V
Depreciation (estimated)	$27,892 (47%)	$21,983 (39%)
Charging / fuel	$3,729 (6%)	$9,828 (17%)
↳ of which charging loss	12% (~$447)	—
Maintenance	$3,248 (5%)	$5,873 (10%)
Insurance	$15,655 (26%)	$11,445 (20%)
Financing interest	$8,480 (14%)	$7,387 (13%)
Registration & fees	$500 (1%)	$500 (1%)
Total cost of ownership	$59,504	$57,015

When does the Ford Mustang Mach-E (Standard Range RWD) win?

The Honda CR-V (LX gas FWD) holds a slim $2,489 lead over 5 years — a close result, but a real one at these rates and distances.

The Ford Mustang Mach-E (Standard Range RWD) pulls ahead of the Honda CR-V (LX gas FWD) if you drive more than about 19,500 km/yr. Cheaper home power is the other lever: below 5.49c/kWh at the same driving, the Ford Mustang Mach-E (Standard Range RWD) comes out ahead (this page uses 16.50c/kWh). A longer hold also changes it: keep the car past 8 years and the Ford Mustang Mach-E (Standard Range RWD) comes out ahead.

What decides the Ford Mustang Mach-E (Standard Range RWD) vs Honda CR-V (LX gas FWD) verdict

The biggest single line, energy, actually falls the Ford Mustang Mach-E (Standard Range RWD)'s way ($3,729 of charging for the Ford Mustang Mach-E (Standard Range RWD) against $9,828 of gas for the Honda CR-V (LX gas FWD)) — yet the Honda CR-V (LX gas FWD) still finishes $2,489 ahead on everything else combined. On the Ford Mustang Mach-E (Standard Range RWD), energy alone is 6% of its $59,504 total; on the Honda CR-V (LX gas FWD) it is 17% of $57,015.

Depreciation: Ford Mustang Mach-E (Standard Range RWD) $27,892, Honda CR-V (LX gas FWD) $21,983 — $5,909 more in the Honda CR-V (LX gas FWD)'s favor.
Insurance: Ford Mustang Mach-E (Standard Range RWD) $15,655, Honda CR-V (LX gas FWD) $11,445 — $4,210 more in the Honda CR-V (LX gas FWD)'s favor.
Maintenance: Ford Mustang Mach-E (Standard Range RWD) $3,248, Honda CR-V (LX gas FWD) $5,873 — $2,625 the other way, to the Ford Mustang Mach-E (Standard Range RWD).

The Ford Mustang Mach-E (Standard Range RWD)'s best answer is energy, $6,099 back the other way — more than the final $2,489 gap on its own, but the remaining rows pull the verdict back to the Honda CR-V (LX gas FWD). At the dealer the Ford Mustang Mach-E (Standard Range RWD) starts $5,815 behind the Honda CR-V (LX gas FWD); running costs claw back $3,326 of that, but the Honda CR-V (LX gas FWD) still ends $2,489 ahead. The Honda CR-V (LX gas FWD) is ahead by $1,141 after the first year and more than doubles that lead — $2,489 by year 5.

Ford Mustang Mach-E (Standard Range RWD) vs Honda CR-V (LX gas FWD), side by side

Electric