Tesla Model Y Long Range AWD cost to own in Australia — the true 5-year total
The Tesla Model Y Long Range AWD starts at $75,900. Over 5 years, owning one (EV) costs about $84,877 in Australia as of July 9, 2026 — $1,415/month, $1.42/km — including depreciation, charging (with the ~12% charging loss most calculators ignore), maintenance, insurance, financing and rego. That's $4,699 more than a comparable Genesis GV70 2.5T Advanced over the same 5 years.
Tesla Model Y Long Range AWD incentives & grants
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.
Tesla Model Y Long Range AWD · Australia · 5-year estimate$84,877 total · $1,415/mo · $1.42/km
Where the money goes
| Cost component | Electric · Tesla Model Y Long | Petrol · Genesis GV70 2.5T Advanced |
|---|---|---|
| Depreciation (estimated) | $44,781 (53%) | $36,478 (45%) |
| Charging / fuel | $4,534 (5%) | $10,073 (13%) |
| ↳ of which charging loss | 12% (~$544) | — |
| Maintenance | $4,752 (6%) | $6,402 (8%) |
| Insurance | $12,725 (15%) | $8,500 (11%) |
| Financing interest | $13,710 (16%) | $14,350 (18%) |
| Registration & fees | $4,375 (5%) | $4,375 (5%) |
| Total cost of ownership | $84,877 | $80,178 |
Tesla Model Y Long Range AWD specs & assumptions
- Starting price
- $75,900manufacturer
- Powertrain
- Electric
- Efficiency
- 15.5 kWh/100kmADR
- Range
- 551 kmADR
- Australia electricity
- 33.00c/kWhAER
- Annual km (assumed)
- 12,000Australia average
Compare the Tesla Model Y Long Range AWD against any car, your km & your scenario
What the numbers say
The Tesla Model Y Long Range AWD costs about $84,877 to own over 5 years in Australia — $1,415/month, $1.42/km at 12,000 km/yr — and depreciation is the biggest line: $44,781, 53% of the total (as of July 9, 2026).
- The Genesis GV70 2.5T Advanced holds a slim $4,699 lead over 5 years — a close result, but a real one at these rates and distances.
- The Tesla Model Y Long Range AWD pulls ahead of the Genesis GV70 2.5T Advanced if you drive more than about 20,000 km/yr.
- On cost per month the Tesla Model Y Long Range AWD ranks #24 of 26 midsize SUV models we track in Australia.
- Where the Tesla Model Y Long Range AWD's $84,877 actually goes: depreciation $44,781 (53%), financing interest $13,710 (16%), insurance $12,725 (15%), maintenance $4,752 (6%), charging $4,534 (5%), registration & fees $4,375 (5%).
- Per km, that is $0.75 of depreciation and $0.08 of charging, with $0.59 for everything else — $1.42/km all-in.
- Charging vs the fleet: at $4,534 over 5 years the Tesla Model Y Long Range AWD sits within $0 of the $4,534 median for the 25 EVs we price — nothing unusual either way.
What we assume for maintenance
Assumed $950/yr for an EV at 12,000 km/yr — about $4,752 of the 5-year total above. On this market's assumptions an EV runs about $330/yr less in maintenance than a petrol car ($950 vs $1,280). See the methodology for sources; adjustable in the calculator.
Tesla Model Y Long Range AWD battery — replacement cost & lifespan
Most EVs never need a battery replacement inside the manufacturer's battery warranty, so this is not in the 5-year total above — but it's the cost buyers ask about most, so here it is transparently. US-sourced replacement pricing (recurrentauto.com, recharged.com); local pricing varies.
- Out-of-warranty replacement
- US$12,000–US$18,000US-sourced estimate
- Battery warranty (US terms)
- 8 yr / 100,000 mimanufacturer · local terms may differ
- Typical lifespan
- ~15 yrindustry est.
Cost to charge the Tesla Model Y Long Range AWD at home
The Tesla Model Y Long Range AWD runs about $5.81 per 100 km at home — versus about $11.41 for a typical 7 L/100km petrol car. Home charging only (the ~12% AC charging loss is included); public DC fast-charging is billed per session by each network — often 2–3× the home rate — and isn't in these figures.
- Per 100 km at home
- $5.8115.5 kWh/100km + 12% charging loss × $0.33/kWh
- A typical 7 L/100km petrol car
- $11.41/100kmat $1.63/L — for comparison