Electric Vehicle Running Cost Calculator

Estimates only. This calculator is provided for general information and comparison purposes only. It doesn’t constitute financial, investment or consumer advice, and doesn't take into account your objectives, personal circumstances, financial situation or needs.

Indicative results based on assumptions and user inputs. All results generated are general indicative estimates only, and are based on the inputs you provide and various assumptions, averages and simplifications. You should manually adjust each slider to reflect your own estimated costs for each category. Actual running costs and savings will vary and may differ materially depending on various factors, including (without limitation) vehicle model and condition, usage patterns, driving behaviour, charging or refuelling habits, energy tariffs, geographic location and prevailing market conditions. All prices, fees, charges, taxes and assumptions are also subject to frequent charge over time.

Electricity and fuel pricing assumptions. Electricity rates are based on an indicative residential effective rate of 32.0¢/kWh for VIC (figures dated March 2026). The default slider for “electricity costs” reflects this estimate only. Your actual electricity charge may be higher or lower and will vary depending on your retailer, plan, location, time-of-use pricing and where and how charging occurs (including home charging versus public or fast-charging stations). Contact your energy provider for your current rate.

Other costs and factors not included. This calculator doesn't include, and doesn't account for, all costs or factors that may affect vehicle ownership or total cost of ownership. Excluded items include (without limitation): (a) vehicle purchase price, depreciation or residual value; (b) financing costs; (c) taxes and other government charges; (d) insurance premiums beyond any user-entered estimate; (e) repair costs, unexpected maintenance or component replacement costs (such as battery replacement); (f) installation or upgrade of charging infrastructure (such as home EV chargers); (g) public charging fees beyond the effective rate selected; (h) government incentives, rebates or exemptions (which may vary by jurisdiction and over time); and (i) any costs or attributes specific to a particular vehicle, brand or model. There may be other costs, savings or non-financial considerations relevant to your circumstances that are not reflected in this calculator.

No representations or guarantees. To the maximum extent permitted by law, each of Ringwood Mazda (and its website provider, iMotor Pty Ltd): (i) make no representations, warranties or guarantees (express or implied) as to the accuracy, completeness, reliability or currency of the information or results produced on this page, and (ii) disclaim all liability in respect of your use of this calculator.

No endorsement or recommendation. This calculator does not constitute an endorsement of, or recommendation to purchase, any particular vehicle or vehicle type. You should make your own enquiries, conduct your own research and consider obtaining independent advice before making any decision.