Tesla Model 3 vs Ford Ranger

At this driving profile, the Ford Ranger is the more economical choice over 5 years in New South Wales.

Running only 15,000 km per year in New South Wales, 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 $110,780 in total versus $91,378 for the Ford Ranger — a difference of $19,402. Break-even would take approximately 11.5 years — beyond the 5-year horizon. 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 6,764 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.