Vehicles are considered to be the biggest polluters of the environment. An alternative to conventional vehicles are hybrid and electric vehicles. Despite the good qualities of these vehicles, they can rarely be seen on the roads. In this paper, economic analysis is performed in order to determine cost effectiveness of the application of these types of vehicles. A comparison between the costs of owning a hybrid, conventional and electric vehicle is considered, in order to determine whether the costs have the greatest impact on the purchase of these vehicles. The costs included: price of a new vehicle, fuel price per km and maintenance price per km. The performed analysis shows that hybrid and electric vehicles do not have better economic indicators than vehicles with IC engines.