MG ZS EV vs Hyundai Tucson: 5-year cost to own (Australia)
Over 5 years in Australia (12,000 km/yr), as of July 9, 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?
The Hyundai Tucson wins decisively here — $8,447 cheaper over 5 years; at typical assumptions this isn't a close call.
No realistic annual distance flips this verdict — the Hyundai Tucson stays the cheaper car at every distance we model.
What decides the MG ZS EV vs Hyundai Tucson verdict
The single biggest mover is depreciation: $26,014 on the MG ZS EV against $17,986 on the Hyundai Tucson, an $8,028 gap in the Hyundai Tucson's favor — the largest slice of the $8,447 verdict. On the MG ZS EV, depreciation alone is 43% of its $60,421 total; on the Hyundai Tucson it is 35% of $51,974.
- Insurance: MG ZS EV $12,725, Hyundai Tucson $8,500 — $4,225 more in the Hyundai Tucson's favor.
- Energy: $4,826 of charging for the MG ZS EV vs $7,922 of petrol for the Hyundai Tucson — $3,096 the other way, to the MG ZS EV.
- Maintenance: MG ZS EV $4,752, Hyundai Tucson $6,402 — $1,650 the other way, to the MG ZS EV.
The MG ZS EV's best answer is energy — $3,096 back the other way — which covers 37% of the Hyundai Tucson's $8,447 lead. The MG ZS EV starts $4,992 behind the Hyundai Tucson at the dealer, and ownership widens it — the 5-year gap grows to $8,447. The Hyundai Tucson is ahead by $2,877 after the first year and more than doubles that lead — $8,447 by year 5.
MG ZS EV vs Hyundai Tucson, side by side
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
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