Tesla Model 3 vs Toyota Camry: Running Costs in Australian Capital Territory
Data verified April 2025
At this driving profile, the Toyota Camry is the more economical choice over 5 years in Australian Capital Territory.
Running only 15,000 km per year in Australian Capital Territory, the Tesla Model 3's higher purchase price doesn't fully pay back through lower running costs within 5 years. The Tesla Model 3 costs $135,356 in total versus $81,665 for the Toyota Camry — a difference of $53,691. 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 Tesla Model 3 still avoids around 7,277 kg of CO₂ over the ownership period.
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 Tesla Model 3 cheaper than the Toyota Camry over 5 years in Australian Capital Territory?
At 15,000 km/yr in Australian Capital Territory the Toyota Camry is the cheaper option over 5 years: $81,665 total versus $135,356 for the Tesla Model 3. Use the calculator to adjust for your situation.
Does the Tesla Model 3 break even against the Toyota Camry in Australian Capital Territory?
At 15,000 km/yr in Australian Capital Territory the Tesla Model 3 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 Tesla Model 3 vs fuel the Toyota Camry per year in Australian Capital Territory?
At 15,000 km/yr in Australian Capital Territory, charging the Tesla Model 3 costs approximately $744/yr, versus $1,216/yr in petrol for the Toyota Camry. Australian Capital Territory's electricity and fuel rates are applied automatically.