What Is the True Cost of a Golf Cart?

When you first start shopping for a golf cart, the question ‘how much does the golf cart cost’ is among the most important questions or factors in your purchase decision. But it’s important to remember that the true cost of a golf cart goes beyond the initial purchase. Whether you’re buying for personal use, your neighborhood, or your business, there are several additional expenses you should consider to avoid surprises down the road.

From golf cart insurance costs to golf cart battery replacement, let’s break down the full picture of golf cart ownership so you can plan accordingly and make a smart investment.

Breaking Down the Total Cost of a Golf Cart

Initial Golf Cart Cost

Before we dig into the extras, it’s important to understand the average base price of buying a golf cart. New golf carts typically range from $8,000 to $15,000, depending on whether they’re gas or electric, the number of seats, and included features.

Financing can help make your golf cart more affordable, but it’s important to factor in interest rates and loan terms. Depending on your credit and the cart’s cost, monthly payments may range from $100 to $300. For a breakdown of the financing logistics, see our Comprehensive Guide to Golf Cart Financing here. 

Golf Cart Battery Cost

If you’re purchasing an electric golf cart, the golf cart battery cost is one of the biggest long-term expenses to consider. When it comes to golf cart batteries’ lifespan, traditional lead-acid batteries generally need replacement every 4–6 years, while newer lithium batteries can last 8–10 years but cost more upfront.

• Lead-acid battery replacement: $800–$2,000
• Lithium battery replacement: $2,000–$4,000

That being said, keep in mind that some golf cart manufacturers, such as E-Z-GO and Cushman, offer an 8-year warranty on their ELiTE lithium batteries — a great value for long-term cost savings.

Golf Cart Maintenance Costs

Routine maintenance helps your golf cart run smoothly and safely. Some typical maintenance costs include:

• Tire replacement, rotation, and alignment
• Brake checks and replacement
• Battery inspections and cleaning
• Suspension and steering adjustments 

On average, you can expect to spend $200–$500 per year on golf cart maintenance, depending on usage and age. Skipping maintenance can drive up your maintenance bill in the long run, so it’s key to stay proactive. To prevent maintenance mishaps, check out our guide: 7 Golf Cart Maintenance Mistakes and How to Avoid Them. 

Golf Cart Insurance Cost

While not always required, golf cart insurance is worth considering, especially in states like South Carolina, where it’s legally required under certain conditions.

On average, golf cart insurance cost ranges between $75 and $200 annually, depending on your coverage limits, driver history, and where and how the cart is used. 

Fuel Costs (Gas-Powered Golf Carts)

If you’re considering a gas-powered golf cart, fuel is another ongoing expense. While fuel efficiency is decent, you can expect to spend around $100–$250 per year on gas, depending on how often you drive.

This cost fluctuates with gas prices, which may make electric models more appealing long-term.

Read more about the differences between gas and electric golf carts. 

Accessories and Customizations

From custom seats and sound systems to upgraded wheels and LED lighting, personalizing your golf cart adds to the overall price.

Here’s a quick pricing guide for common add-ons:

• Custom seats: $300–$800
• Lift kits: $400–$1,000
• Bluetooth speakers: $100–$300
• Windshields, mirrors, lighting: $100–$500+

Need some ideas? We’ve put together 101 Ways to Customize Your Golf Cart to help you explore all the possibilities.

Discover the True Cost of a Golf Cart

The upfront golf cart cost is only part of the story. When you consider batteries, tires, insurance, fuel, and customizations, the true cost of a golf cart becomes clearer. Planning ahead for these expenses helps ensure your investment is sustainable and enjoyable for years to come.

Want help choosing the right golf cart and budgeting for ownership? — Contact us today. Our dedicated team at Garrett’s Golf Cars will walk you through pricing, maintenance, financing, and more to help you get the most out of your ride.