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
| Cost component | Electric · MG ZS EV | Petrol · Hyundai Tucson |
|---|---|---|
| Depreciation (estimated) | $26,014 (43%) | $17,986 (35%) |
| Charging / fuel | $4,826 (8%) | $7,922 (15%) |
| ↳ of which charging loss | 12% (~$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).