Tesla Model 3 vs Hyundai Tucson: Running Costs in Victoria
Data verified April 2025
At this driving profile, the Hyundai Tucson is the more economical choice over 5 years in Victoria.
Running only 15,000 km per year in Victoria, 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 $113,049 in total versus $79,238 for the Hyundai Tucson — a difference of $33,811. 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 1,634 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 Hyundai Tucson over 5 years in Victoria?
At 15,000 km/yr in Victoria the Hyundai Tucson is the cheaper option over 5 years: $79,238 total versus $113,049 for the Tesla Model 3. Use the calculator to adjust for your situation.
Does the Tesla Model 3 break even against the Hyundai Tucson in Victoria?
At 15,000 km/yr in Victoria 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 Hyundai Tucson per year in Victoria?
At 15,000 km/yr in Victoria, charging the Tesla Model 3 costs approximately $753/yr, versus $2,030/yr in petrol for the Hyundai Tucson. Victoria's electricity and fuel rates are applied automatically.