Tesla Model 3 vs Toyota Camry: Running Costs in South Australia
Data verified April 2025
At this driving profile, the Toyota Camry is the more economical choice over 5 years in South Australia.
Running only 15,000 km per year in South Australia, 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 $110,323 in total versus $80,199 for the Toyota Camry — a difference of $30,125. 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 3,030 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 South Australia?
At 15,000 km/yr in South Australia the Toyota Camry is the cheaper option over 5 years: $80,199 total versus $110,323 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 South Australia?
At 15,000 km/yr in South Australia 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 South Australia?
At 15,000 km/yr in South Australia, charging the Tesla Model 3 costs approximately $1,078/yr, versus $1,273/yr in petrol for the Toyota Camry. South Australia's electricity and fuel rates are applied automatically.