Ford Mustang Mach-E Select vs Honda CR-V LX (gas): 5-year cost to own in New Mexico

Q: Is the Ford Mustang Mach-E Select or the Honda CR-V LX (gas) cheaper to own over 5 years in New Mexico?

The Honda CR-V LX (gas) stays the cheaper car to own — about $40,611 vs $53,421 for the Ford Mustang Mach-E Select, a $12,810 difference over 5 years.

Q: How much more does the Ford Mustang Mach-E Select cost to buy than the Honda CR-V LX (gas)?

The Ford Mustang Mach-E Select starts at $39,995 — $8,995 more than the Honda CR-V LX (gas) ($31,000). Over 5 years the ownership gap is $12,810 in favor of the Honda CR-V LX (gas).

Q: Which costs less per mile — the Ford Mustang Mach-E Select or the Honda CR-V LX (gas)?

The Honda CR-V LX (gas): $0.68 vs $0.89 per mile all-in ($677 vs $890 per month) in New Mexico.

By the EVCostIQ research desk · reviewed against our public methodology · every source dated on this page

As of July 1, 2026, over 5 years in New Mexico, the Honda CR-V LX (gas) stays the cheaper car to own — about $40,611 vs $53,421 for the Ford Mustang Mach-E Select, a $12,810 difference over 5 years. New Mexico's electricity (15.2¢/kWh, 20% below the U.S. average) and $3.83/gal gas are fed straight into both totals. The expired federal $7,500 EV credit is not applied to either total.

Cheaper to own over 5 years · New MexicoHonda CR-V LX (gas) · $40,611 total · $12,810 less than the Ford Mustang Mach-E Select

Ford Mustang Mach-E Select vs Honda CR-V LX (gas) — where the money goes

5-year total cost of ownership by component, by vehicle (USD). Estimates; sources dated in the methodology.
Cost component	Electric · Ford Mustang Mach-E Select	Gas · Honda CR-V LX
Depreciation (estimated)	$24,397 (46%)	$11,470 (28%)
Charging / fuel	$4,431 (8%)	$7,670 (19%)
↳ of which charging loss	12% (~$532)	—
Maintenance	$3,660 (7%)	$4,980 (12%)
Insurance	$13,750 (26%)	$11,000 (27%)
Financing interest	$6,958 (13%)	$5,266 (13%)
Registration & fees	$225 (0%)	$225 (1%)
Total cost of ownership	$53,421	$40,611

The charging-loss row is the ~10–15% of electricity lost to AC charging that you pay for but never reaches the battery — we include it; most calculators don't.

When does the Ford Mustang Mach-E Select win?

Even at 30,000+ mi/yr or a 15-year hold, the Honda CR-V LX (gas) stays cheaper here — its lower price and slower depreciation dominate. The Ford Mustang Mach-E Select is the pick mainly for reasons beyond 5-year cost (performance, emissions, HOV access, home-charging convenience).

Ford Mustang Mach-E Select vs Honda CR-V LX (gas), side by side

Electric

Ford Mustang Mach-E Select

5-yr total cost: $53,421
Cost / month: $890
Cost / mile: $0.89
MSRP: $39,995
Powertrain: Electric
Efficiency: 33 kWh/100mi

Gas Lower 5-yr cost

Honda CR-V LX (gas)

5-yr total cost: $40,611
Cost / month: $677
Cost / mile: $0.68
MSRP: $31,000
Powertrain: Gas
Efficiency: 30 mpg

New Mexico electricity: 15.2¢/kWh EIA
Gas price (New Mexico): $3.83/gal AAA

Change the miles, your state & either car

Full cost breakdowns

← Ford Mustang Mach-E Select vs Honda CR-V LX (gas) (U.S. average)

FAQ

Is the Ford Mustang Mach-E Select or the Honda CR-V LX (gas) cheaper to own over 5 years in New Mexico?

The Honda CR-V LX (gas) stays the cheaper car to own — about $40,611 vs $53,421 for the Ford Mustang Mach-E Select, a $12,810 difference over 5 years.

When does the Ford Mustang Mach-E Select become cheaper than the Honda CR-V LX (gas)?

How much more does the Ford Mustang Mach-E Select cost to buy than the Honda CR-V LX (gas)?

The Ford Mustang Mach-E Select starts at $39,995 — $8,995 more than the Honda CR-V LX (gas) ($31,000). Over 5 years the ownership gap is $12,810 in favor of the Honda CR-V LX (gas).

Which costs less per mile — the Ford Mustang Mach-E Select or the Honda CR-V LX (gas)?

The Honda CR-V LX (gas): $0.68 vs $0.89 per mile all-in ($677 vs $890 per month) in New Mexico.