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

Tesla Model Y RWDVSBMW X3 xDrive20i

The Tesla Model Y RWD is cheaper to run — by $30,890 over 5 years (39% lower total cost), driven mostly by depreciation.

5-yr cheaper total
$48,149
Tesla Model Y RWD
Saving vs rival
$30,890
39% lower
Cost per km
$1
vs $1
Saving per year
$6,178
on average

Tale of the tape

Headline specs and running costs side by side.

MetricTesla Model Y RWDBMW X3 xDrive20i
Driveaway price$67,400$89,900
PowertrainElectric (BEV)Petrol · ULP 95
Efficiency15.5 kWh/100km8.5 L/100km
Battery / fuel60.0 kWh batteryPetrol · ULP 95
Range~370 km real-world
Annual energy / fuel$514$2,869

Run the numbers yourself

interactive

Pre-loaded with the Tesla Model Y RWD and BMW X3 xDrive20i. 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 Tesla Model Y RWD costs $21,900 less than the BMW X3 xDrive20i. That's $365/month in savings.

Electric

Tesla Model Y RWD

CHEAPER
Energy / Fuel
$2,569
Registration
$2,500
Insurance
$11,000
Servicing
$1,750
Depreciation
$30,330

5-Year Total

$48,149

$1/km · $9,630/yr

💰 YOU SAVE $21,900

Petrol

BMW X3 xDrive20i

Energy / Fuel
$14,344
Registration
$2,500
Insurance
$10,000
Servicing
$2,750
Depreciation
$40,455

5-Year Total

$70,049

$1/km · $14,010/yr

5-Year Cost Breakdown

Energy / Fuel

EV
$2,569
PET
$14,344

Registration

EV
$2,500
PET
$2,500

Insurance

EV
$11,000
PET
$10,000

Servicing

EV
$1,750
PET
$2,750

Depreciation

EV
$30,330
PET
$40,455

5-year cost breakdown

Every category, both vehicles, and the difference.

CategoryTesla Model Y RWDBMW X3 xDrive20iDifference
Energy / fuel$2,569$14,344−$11,775
Registration$2,500$2,500
Insurance$11,000$10,000+$1,000
Servicing$1,750$2,750−$1,000
Depreciation$30,330$49,445−$19,115
Total (5 yrs)$48,149$79,039$30,890

Which is cheaper to run?

Over 5 years of average Australian driving (15,000 km/year in NSW), the Tesla Model Y RWD costs $48,149 to own and run, against $79,039 for the BMW X3 xDrive20i. That is a $30,890 difference — about $6,178 a year, or $515 a month.

The single biggest swing is depreciation: across 5 years the gap is $19,115. 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 X3 xDrive20i'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 Tesla Model Y RWD cheaper to run than the BMW X3 xDrive20i?
Yes. Based on 15,000 km/year over 5 years in NSW, the Tesla Model Y RWD costs $48,149 to run versus $79,039 for the BMW X3 xDrive20i — a saving of $30,890 (39%). The biggest difference is depreciation.
How much does it cost to run the Tesla Model Y RWD per year in Australia?
Around $9,630 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 X3 xDrive20i to the Tesla Model Y RWD?
About $30,890 over 5 years — roughly $6,178 per year. Use the calculator above to adjust the state, annual distance and charging mix for your situation.

More comparisons

Open the full calculator →