BEVSedan2024

Tesla Model 3 RWD

From $63,400 driveaway · about $9,220/year to run

Battery
60.0 kWh
Range (real)
~400 km
Efficiency
14.0 kWh/100km
Cost per km
$1

Vs the BMW 320i, the Tesla Model 3 RWD saves about $24,694 over 5 years ($4,939/year) — cheaper "fuel" and servicing outweigh its higher sticker price.

Annual running cost

$9,220/year

At 15,000 km/year in NSW. 5-year total: $46,101.

Energy (charging)Home + public charging$464
RegistrationState-based, EV rates$500
InsuranceSegment average$2,200
ServicingNo oil changes, fewer parts$350
DepreciationResale value loss$5,706

EVs skip oil changes and have far fewer moving parts, so servicing is typically about $350/year. For typical repair and servicing prices on Australian cars, see AutoRepairCost.

Customise the calculation

interactive

Pre-loaded with the Tesla Model 3 RWD. Change the state, distance, ownership period and charging mix to see your real numbers.

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 3 RWD costs $16,804 less than the BMW 320i. That's $280/month in savings.

Electric

Tesla Model 3 RWD

CHEAPER
Energy / Fuel
$2,321
Registration
$2,500
Insurance
$11,000
Servicing
$1,750
Depreciation
$28,530

5-Year Total

$46,101

$1/km · $9,220/yr

💰 YOU SAVE $16,804

Petrol

BMW 320i

Energy / Fuel
$12,150
Registration
$2,500
Insurance
$10,000
Servicing
$2,750
Depreciation
$35,505

5-Year Total

$62,905

$1/km · $12,581/yr

5-Year Cost Breakdown

Energy / Fuel

EV
$2,321
PET
$12,150

Registration

EV
$2,500
PET
$2,500

Insurance

EV
$11,000
PET
$10,000

Servicing

EV
$1,750
PET
$2,750

Depreciation

EV
$28,530
PET
$35,505

Vs comparable petrol cars

5-year running cost against 3 petrol alternatives, same assumptions.

Vehicle5-yr costPer kmVs Model 3 RWD
Tesla Model 3 RWD$46,101$1
BMW 320i$70,795$1+$24,694
Toyota Camry Ascent 2.5$41,746$1−$4,355
Mercedes-Benz C200$77,351$1+$31,250

Green = the Model 3 RWD is cheaper. Tap any petrol car for the full head-to-head.

FAQ

How much does it cost to run the Tesla Model 3 RWD per year in Australia?
Around $9,220 per year, or $1/km, based on 15,000 km/year in NSW. That covers charging, registration, insurance, servicing and depreciation.
How much does it cost to charge the Tesla Model 3 RWD?
Energy averages about $464 a year at 15,000 km with a mix of home, solar and public charging. Charging at home overnight (or on solar) is by far the cheapest option.
What is the 5-year running cost of the Tesla Model 3 RWD?
About $46,101 over 5 years at 15,000 km/year in NSW, of which roughly $28,530 is depreciation and $2,321 is charging.
Is the Tesla Model 3 RWD cheaper to run than the BMW 320i?
Yes — the Tesla Model 3 RWD costs about $24,694 less over 5 years than the BMW 320i, mostly from cheaper "fuel" and lower servicing. Use the calculator above to check your state and driving distance.

Compare the Model 3 RWD

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