Hyundai Ioniq 5 vs Toyota RAV4: Running Costs in Northern Territory
Data verified April 2025
At this driving profile, the Toyota RAV4 is the more economical choice over 5 years in Northern Territory.
Running only 15,000 km per year in Northern Territory, the Hyundai Ioniq 5's higher purchase price doesn't fully pay back through lower running costs within 5 years. The Hyundai Ioniq 5 costs $127,528 in total versus $86,364 for the Toyota RAV4 — a difference of $41,163. The numbers don't reach break-even within this holding period. If you drive significantly more km per year, or if petrol prices rise substantially, this comparison would shift.
The economics don't stack up at this driving distance — increase annual km or extend the holding period to change the picture.
Frequently asked questions
Is the Hyundai Ioniq 5 cheaper than the Toyota RAV4 over 5 years in Northern Territory?
At 15,000 km/yr in Northern Territory the Toyota RAV4 is the cheaper option over 5 years: $86,364 total versus $127,528 for the Hyundai Ioniq 5. Use the calculator to adjust for your situation.
Does the Hyundai Ioniq 5 break even against the Toyota RAV4 in Northern Territory?
At 15,000 km/yr in Northern Territory the Hyundai Ioniq 5 does not fully recover its price premium within a 5-year holding period. Higher annual km or an extended holding period would change this.
How much does it cost to charge the Hyundai Ioniq 5 vs fuel the Toyota RAV4 per year in Northern Territory?
At 15,000 km/yr in Northern Territory, charging the Hyundai Ioniq 5 costs approximately $838/yr, versus $1,516/yr in petrol for the Toyota RAV4. Northern Territory's electricity and fuel rates are applied automatically.