5-year running cost · 15,000 km/yr · NSW

Kia Niro EVVSBMW 320i

The Kia Niro EV is cheaper to run — by $24,732 over 5 years (35% lower total cost), driven mostly by depreciation.

5-yr cheaper total
$46,063
Kia Niro EV
Saving vs rival
$24,732
35% lower
Cost per km
$1
vs $1
Saving per year
$4,946
on average

Tale of the tape

Headline specs and running costs side by side.

MetricKia Niro EVBMW 320i
Driveaway price$62,990$78,900
PowertrainElectric (BEV)Petrol · ULP 95
Efficiency17.0 kWh/100km7.2 L/100km
Battery / fuel64.8 kWh batteryPetrol · ULP 95
Range~315 km real-world
Annual energy / fuel$564$2,430

Run the numbers yourself

interactive

Pre-loaded with the Kia Niro EV and BMW 320i. Adjust the state, annual distance, ownership period and charging mix to match your situation.

EV Running Cost Calculator

Compare the true 5-year ownership cost of an electric car vs its petrol equivalent in Australia.

15,000 km

Ownership period

EV charging mix
70%
20%
10%

Total: 100%

Over 5 years, the Kia Niro EV costs $5,147 more than the BMW 320i — but fuel savings grow every year.

Electric

Kia Niro EV

Energy / Fuel
$2,818
Registration
$2,500
Insurance
$7,500
Servicing
$1,750
Depreciation
$31,495

5-Year Total

$46,063

$1/km · $9,213/yr

Petrol

BMW 320i

CHEAPER
Energy / Fuel
$11,070
Registration
$2,500
Insurance
$7,500
Servicing
$2,750
Depreciation
$17,096

5-Year Total

$40,916

$1/km · $8,183/yr

💰 YOU SAVE $5,147

5-Year Cost Breakdown

Energy / Fuel

EV
$2,818
PET
$11,070

Registration

EV
$2,500
PET
$2,500

Insurance

EV
$7,500
PET
$7,500

Servicing

EV
$1,750
PET
$2,750

Depreciation

EV
$31,495
PET
$17,096

5-year cost breakdown

Every category, both vehicles, and the difference.

CategoryKia Niro EVBMW 320iDifference
Energy / fuel$2,818$12,150−$9,332
Registration$2,500$2,500
Insurance$7,500$10,000−$2,500
Servicing$1,750$2,750−$1,000
Depreciation$31,495$43,395−$11,900
Total (5 yrs)$46,063$70,795$24,732

Which is cheaper to run?

Over 5 years of average Australian driving (15,000 km/year in NSW), the Kia Niro EV costs $46,063 to own and run, against $70,795 for the BMW 320i. That is a $24,732 difference — about $4,946 a year, or $412 a month.

The single biggest swing is depreciation: across 5 years the gap is $11,900. Energy is where electric cars usually win — charging at home (especially on solar or off-peak rates) costs a fraction of petrol per kilometre — while the BMW 320i's higher purchase price can narrow the gap through depreciation.

Estimates use average NSW electricity and fuel prices, typical insurance and servicing for this segment, and a 5-year depreciation model. Your numbers will vary with tariffs, driving style and resale values — use the calculator above for a tailored figure.

FAQ

Is the Kia Niro EV cheaper to run than the BMW 320i?
Yes. Based on 15,000 km/year over 5 years in NSW, the Kia Niro EV costs $46,063 to run versus $70,795 for the BMW 320i — a saving of $24,732 (35%). The biggest difference is depreciation.
How much does it cost to run the Kia Niro EV per year in Australia?
Around $9,213 per year ($1/km), covering energy, registration, insurance, servicing and depreciation at 15,000 km/year in NSW.
How much can I save switching from the BMW 320i to the Kia Niro EV?
About $24,732 over 5 years — roughly $4,946 per year. Use the calculator above to adjust the state, annual distance and charging mix for your situation.

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