EV vs petrol — Total Cost of Ownership

Compare the 5-year cost of an electric car against an equivalent petrol car using your own driving and tariff numbers. All calculation runs in your browser — nothing is sent to a server.

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Alfa Romeo Junior Elettrica
Audi e-tron GT RS performance
Audi Q6 e-tron RWD
Audi e-tron GT RS
Audi e-tron GT S
BMW iX3 40 RWD
BMW iX xDrive45 M Sport
BMW iX3 xDrive50
BMW iX1 xDrive30
BMW iX2 xDrive30
BMW i4 eDrive35 Gran Coupe
BMW i5 eDrive40 Sedan
BMW i7 xDrive60
BYD Seal AWD Performance
BYD Dolphin Essential
BYD Atto 1 Premium
BYD Atto 2 Premium
BYD Atto 3 Evo Dynamic FWD
BYD Atto 3 Evo Premium RWD
BYD Seal Premium RWD
BYD Sealion 7 Premium RWD
BYD Sealion 7 AWD Performance
BYD Atto 1 Essential
BYD Atto 3 Essential Standard Range
BYD Atto 2 Dynamic
BYD Dolphin Premium
Cadillac Vistiq Platinum
Cadillac Lyriq Sport
Cadillac Optiq Sport
Cadillac Lyriq V-Series
Chery E5 Ultimate
Cupra Tavascan V
Cupra Tavascan Endurance
Cupra Tavascan VZ AWD
Deepal E07 AWD Performance
Deepal S07 Standard
Deepal E07 RWD
Denza D9 AWD
Denza D9 FWD
Ford Mustang Mach-E Select RWD
Ford Mustang Mach-E GT AWD
Ford Mustang Mach-E Premium RWD
GAC Aion V Premium
GAC Aion UT Luxury
GAC Aion V Luxury
GAC Aion UT Premium
Geely EX2 Inspire
Geely EX5 Inspire
Geely EX2 Complete
Geely EX5 Complete
Genesis Electrified GV70 Signature Performance AWD
Genesis Electrified G80 Signature AWD
Genesis GV60 Magma AWD
Genesis GV60 Advanced RWD
GWM Ora 5 Ultra
GWM Ora 5 Lux
Honda Super-One Standard
Hyundai Ioniq 9 Calligraphy AWD
Hyundai Inster Standard Range
Hyundai Kona Electric Extended Range
Hyundai Kona Electric Elite
Hyundai Kona Electric Premium N Line
Hyundai Ioniq 5 Elite RWD
Hyundai Ioniq 5 Premium N Line AWD
Hyundai Ioniq 6 N AWD
Hyundai Inster Cross
Hyundai Elexio Standard
Hyundai Ioniq 5 N
Hyundai Elexio Elite
Hyundai Kona Electric Standard Range
Hyundai Ioniq 5 RWD
Hyundai Kona Electric Premium
Jaecoo J5 EV Summit
Jeep Avenger Longitude
Jeep Avenger Limited
Jeep Avenger Summit
KGM Musso EV AWD
KGM Musso EV Black Edge FWD
KGM Musso EV FWD
Kia EV5 Air Standard Range
Kia EV6 GT-Line AWD
Kia EV9 Earth
Kia EV9 GT
Kia EV3 Air
Kia EV9 GT-Line AWD Long Range
Kia EV6 GT AWD
Kia EV6 Air RWD
Kia EV5 GT-Line AWD Long Range
Kia EV9 Air RWD
Kia PV5 Cargo
Kia EV3 GT-Line AWD Long Range
Kia EV3 GT-Line
Kia EV5 Earth
Kia EV5 Air Long Range
Kia EV4 GT-Line
Kia EV6 GT-Line RWD
Kia EV4 Earth Long Range
Kia EV4 Air Standard Range
Kia EV3 Air Long Range
Kia EV3 Earth
Leapmotor C10 Design LR
Leapmotor C10 Style
Leapmotor B10 Style
Leapmotor B05 Design Long Range
Leapmotor B05 Style
Leapmotor B10 Design Long Range
Lexus RZ 550e F Sport
Lexus RZ 500e Sports Luxury
Lexus ES 350e Sports Luxury
Lexus ES 500e Sports Luxury
Lexus RZ 500e Luxury
Lotus Eletre 600
Lotus Emeya 600
Mazda CX-6e Azami
Mazda CX-6e GT
Mercedes-Benz GLB 350 4MATIC Electric
Mercedes-Benz GLB 250+ Electric
Mercedes-Benz G 580 with EQ Technology Standard
Mercedes-Benz GLC 400 4MATIC Electric
Mercedes-Benz EQS 400 Sedan
Mercedes-Benz EQA 250+ Standard
Mercedes-Benz CLA 200 Electric
Mercedes-Benz CLA 350 4MATIC Electric
MG 4 EV Urban Essence 43
MG S6 Essence AWD
MG S6 Essence RWD
MG IM5 Premium RWD
MG IM6 Performance AWD
MG IM6 Platinum RWD
MG IM6 Premium RWD
MG IM5 Performance AWD
MG IM5 Platinum RWD
MG Cyberster RWD
MG S5 Essence 49
MG 4 EV Urban Essence 54
MG Cyberster AWD
MG 4 EV XPower AWD
MG 4 EV Essence 64
MG S5 Essence 62
Mini Aceman JCW E
Mini Countryman SE ALL4 JCW Sport
Mini Aceman SE
Mini Cooper SE
Mini Cooper JCW E
Mini Countryman SE ALL4 Classic
Mini Countryman E Classic
Mini Countryman E Favoured
Mini Countryman SE ALL4 Favoured
Nissan Ariya Advance+ 2WD
Nissan Ariya Advance 2WD
Nissan Ariya Engage 2WD
Nissan Ariya Evolve e-4ORCE AWD
Polestar 4 Rear motor
Polestar 2 Long Range Single Motor
Polestar 3 Rear Motor
Polestar 3 Performance AWD
Polestar 2 Long Range Dual Motor
Polestar 5 Performance AWD
Polestar 5 Dual Motor AWD
Polestar 3 Dual Motor AWD
Polestar 4 Dual motor
Porsche Taycan RWD
Porsche Taycan 4S AWD
Porsche Taycan GTS AWD
Porsche Taycan 4 AWD
Porsche Macan GTS AWD
Porsche Macan 4S AWD
Porsche Taycan Turbo AWD
Porsche Macan RWD
Porsche Macan Turbo AWD
Porsche Taycan Turbo S AWD
Porsche Taycan Turbo GT AWD
Porsche Macan 4 AWD
Renault Megane E-Tech Techno
Renault Scenic E-Tech Esprit Alpine EV87
Renault Scenic E-Tech Techno EV60
Renault Scenic E-Tech Techno Long Range EV87
Skoda Enyaq RS Coupe
Skoda Enyaq RS
Skoda Enyaq 85 Sportline Coupe
Skoda Enyaq 85 Sportline
Skoda Enyaq 60 Select
Skoda Elroq 60 Select
Skoda Elroq 85 Select
Smart #1 Premium
Smart #3 Premium
Smart #5 Pro+
Smart #5 Brabus AWD
Smart #1 Pro+
Smart #5 Premium
Smart #3 Brabus AWD
Smart #1 Brabus AWD
Smart #3 Pro+
Subaru Solterra Touring AWD
Subaru Trailseeker AWD
Subaru Trailseeker Touring AWD
Subaru Uncharted AWD
Subaru Solterra AWD
Tesla Model Y Performance AWD
Tesla Model 3 Premium RWD
Tesla Model 3 Premium Long Range RWD
Tesla Model Y Premium Long Range AWD
Tesla Model 3 Performance AWD
Tesla Model Y L Premium All-Wheel Drive
Tesla Model Y Premium RWD
Toyota bZ4X Touring AWD
Toyota bZ4X AWD
Toyota bZ4X 2WD
Volkswagen ID. Buzz GTX LWB AWD
Volkswagen ID. Buzz Pro LWB
Volkswagen ID.4 Pro
Volkswagen ID.5 GTX AWD
Volkswagen ID.4 GTX AWD
Volkswagen ID.5 Pro
Volkswagen ID. Buzz Pro SWB
Volvo ES90 Ultra Single Motor
Volvo EX90 Plus Single Motor
Volvo EX90 Ultra Twin Motor Performance
Volvo ES90 Plus Single Motor
Volvo EX40 Ultra Single Motor
Volvo EX30 Cross Country AWD
Volvo EX30 Ultra Single Motor
Volvo EX30 Plus Single Motor
Volvo EX40 Twin Motor Ultra
XPENG X9 Performance AWD
XPENG G6 Standard Range
XPENG G6 Long Range
XPENG G6 AWD Performance
XPENG X9 Standard Range FWD
Zeekr 7X Performance AWD
Zeekr 009 FWD
Zeekr X RWD
Zeekr 009 AWD 6-seat
Zeekr 009 AWD
Zeekr 7X RWD
Zeekr 7X RWD Long Range
Zeekr X AWD
Small hatchback
e.g. Corolla / i30 / Mazda 3 · 6 L/100 km
Small SUV
e.g. CX-3 / Yaris Cross / Kona · 7 L/100 km
Mid-size SUV
e.g. RAV4 / CX-5 / Tucson · 8 L/100 km
Large SUV
e.g. Prado / Kluger / Sorento · 9.5 L/100 km
Dual-cab ute
e.g. HiLux / Ranger / D-Max · 10 L/100 km
Executive sedan
e.g. Camry / 3 Series / C-Class · 8.5 L/100 km

Tick this if you can salary-package an FBT-exempt EV. Adds an estimate of the FBT-exemption tax saving as a separate line — does not change running costs.

Estimated saving over 5 years

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Breakeven

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when EV total drops below petrol

Electric

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Petrol

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Cost breakdown over 5 years

Total cost is purchase price plus running costs minus the residual value at the end of the period.

Cumulative cost over time

The crossover point is when the EV's running-cost savings have paid back the higher purchase price.

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Assumptions & sources

EV running costs. Energy use derived from each model's WLTP range and battery, multiplied by a real-world factor of 1.1×. Public DC fast charging defaults to $0.55/kWh (Chargefox / Evie peak average).

Fixed costs (per year). Registration $900, insurance $1,400 EV / $1,300 petrol, servicing $200 EV / $750 petrol. Tyres pro-rated from a 5-year baseline of $1,200 EV / $800 petrol.

Depreciation. Both vehicles retain a residual value at the end of the period — 50% of MSRP for the EV / 45% for the petrol at 5 years (RedBook 2026). Shorter or longer horizons scale geometrically.

FBT bonus (when ticked). Estimated as ~20% of vehicle value × marginal tax rate (37% default), capped at $18,000/year. Eligibility requires a battery-electric EV below the LCT fuel-efficient threshold of $91,661 and that you can salary-package via your employer. The estimate applies the phased wind-back year by year: full exemption to 31 Mar 2027, then only for EVs up to $75,000 (others get a 25% FBT discount), and the 25% discount for all from 1 Apr 2029. See full incentive details on the Deals page.

Sources. RACV running-cost guide · AEMC residential electricity rates · AIP fuel-price benchmarks · FCAI Green Vehicle Guide (petrol fuel consumption) · RedBook (depreciation). All sources →

This is an estimator, not financial advice. Your actual costs will differ — verify with your insurer, dealer and accountant before purchase.