Tesla Model Y vs Toyota Hilux: Running Costs in Tasmania
Data verified April 2025
At this driving profile, the Toyota Hilux is the more economical choice over 5 years in Tasmania.
Running only 15,000 km per year in Tasmania, the Tesla Model Y's higher purchase price doesn't fully pay back through lower running costs within 5 years. The Tesla Model Y costs $115,458 in total versus $86,438 for the Toyota Hilux — a difference of $29,020. Break-even would take approximately 11.7 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 Y still avoids around 15,652 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 Y cheaper than the Toyota Hilux over 5 years in Tasmania?
At 15,000 km/yr in Tasmania the Toyota Hilux is the cheaper option over 5 years: $86,438 total versus $115,458 for the Tesla Model Y. Use the calculator to adjust for your situation.
How long does the Tesla Model Y take to break even against the Toyota Hilux in Tasmania?
At 15,000 km/yr in Tasmania the Tesla Model Y breaks even against the Toyota Hilux after approximately 11.7 years (175,000 km).
How much does it cost to charge the Tesla Model Y vs fuel the Toyota Hilux per year in Tasmania?
At 15,000 km/yr in Tasmania, charging the Tesla Model Y costs approximately $775/yr, versus $2,891/yr in petrol for the Toyota Hilux. Tasmania's electricity and fuel rates are applied automatically.