EVCostIQ

The EV cost intelligence platform

MG ZS EV vs Hyundai Tucson: 5-year cost to own (Australia)

Over 5 years in Australia (12,000 km/yr), as of July 1, 2026, the Hyundai Tucson stays the cheaper car to own — about $51,974 vs $60,421 for the MG ZS EV, a $8,447 difference over 5 years.

Novated lease (FBT exemption): for a salary-packaged EV the federal FBT exemption can cut the cost substantially — it depends on your income and tax, so it is not in the totals above. Source: ATO.

Cheaper to own over 5 years · AustraliaHyundai Tucson · $51,974 total · $8,447 less than the MG ZS EV

MG ZS EV vs Hyundai Tucson — where the money goes

5-year total cost of ownership by component, by vehicle (AUD). Estimates; sources dated in the methodology.
Cost componentElectric · MG ZS EVPetrol · Hyundai Tucson
Depreciation (estimated)$26,014 (43%)$17,986 (35%)
Charging / fuel$4,826 (8%)$7,922 (15%)
↳ of which charging loss12% (~$579)
Maintenance$4,752 (8%)$6,402 (12%)
Insurance$12,725 (21%)$8,500 (16%)
Financing interest$7,728 (13%)$6,789 (13%)
Registration & fees$4,375 (7%)$4,375 (8%)
Total cost of ownership$60,421$51,974

When does the MG ZS EV win?

Even at high mileage or a long hold, the Hyundai Tucson stays cheaper here — its lower price and slower depreciation dominate. The MG ZS EV is the pick mainly for reasons beyond 5-year cost.

MG ZS EV vs Hyundai Tucson, side by side

Electric

MG ZS EV

5-yr total cost
$60,421
Cost / month
$1,007
Cost / km
$1.01
Starting price
$44,092
Powertrain
Electric
Efficiency
16.5 kWh/100km
Petrol Lower 5-yr cost

Hyundai Tucson

5-yr total cost
$51,974
Cost / month
$866
Cost / km
$0.87
Starting price
$39,100
Powertrain
Petrol
Efficiency
8.1 L/100km
Australia electricity
33.00c/kWh AER
Petrol (Australia)
$1.63/L AIP

FAQ

Is the MG ZS EV or the Hyundai Tucson cheaper to own over 5 years in Australia?

The Hyundai Tucson stays the cheaper car to own — about $51,974 vs $60,421 for the MG ZS EV, a $8,447 difference over 5 years.

When does the MG ZS EV become cheaper than the Hyundai Tucson?

Even at high mileage or a long hold, the Hyundai Tucson stays cheaper here — its lower price and slower depreciation dominate. The MG ZS EV is the pick mainly for reasons beyond 5-year cost.

How much more does the MG ZS EV cost to buy than the Hyundai Tucson?

The MG ZS EV starts at $44,092 — $4,992 more than the Hyundai Tucson ($39,100). Over 5 years the ownership gap is $8,447 in favour of the Hyundai Tucson.

Which costs less per km — the MG ZS EV or the Hyundai Tucson?

The Hyundai Tucson: $0.87 vs $1.01 per km all-in ($866 vs $1,007 per month).

Full breakdowns