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Your Annual Fuel Costs Are Up By $706 Annually

Written by CarPro | May 28, 2026 5:24:00 PM

Rising gas prices are hitting Americans in their pocketbooks, adding $706 to the cost of driving a gas-powered car between January and April, according to a new iSeeCars study. 

iSeeCars cites a 46% increase in gas prices between January 1 and April 30, 2026, leading to the annual increase in fuel costs during that time period, compared to an 11% increase for electric vehicles. For example, the Lucid Air only saw a $6 increase and the Tesla Model S and Chevy Bolt EV a $9 increase.

  • Gasoline-only vehicles - Up $706
  • Conventional Hybrids - Up $486 
  • Plug-In Hybrids- Up $279
  • EVs - Up $11   

Researchers say the biggest financial impact of the rise in gas prices falls on drivers of higher use, less efficient vehicles, especially minivans, trucks, and large SUVs.  Of those, minivans had the highest annual fuel cost increase among major gas-powered vehicle segments, up $1,139 between January and April. 

  • Minivans - Up $1,139
  • Trucks - Up  $992
  • SUVs - Up $681
  • Passenger Cars -$606

Top 10 Vehicles With the Biggest Fuel Cost Increases: January vs. April 2026

When it comes to specific vehicles, the Toyota Sequoia leads the price increase among all models in the stu dy, with an increase of $1,623. 

  1. Toyota Sequoia - Up $1,623
  2. Nissan Armada - Up $1,513
  3. GMC Yukon L - Up $1,471
  4. Cadillac Escalade ESV - Up $1,312
  5. GMC Yukon - Up $1,304
  6. Jeep Wagoneer - Up $1,282
  7.  Chrysler Pacifica - Up $1,236

Researchers say conventional hybrids were driven more than any other drivetrain type at 14,696 miles a year, while still costing about $700 less to fuel than gasoline vehicles.

iSeeCars says it analyzed over 2.1 million 3-year-old used cars sold in 2025 to calculate annual mileage and compare annual fuel costs using the cost of fuel (gas or electricity) in January and April 2026. 

Photo: RuslanMN/Shutterstock.com.