Toyota bZ (XLE FWD) cost to own in Canada — the true 5-year total
The Toyota bZ (XLE FWD) starts at $45,990. Over 5 years, owning one (EV) costs about $57,105 in Canada as of July 1, 2026 — $952/month, $0.76/km — including depreciation, charging (with the ~12% charging loss most calculators ignore), maintenance, insurance, financing and registration. That's $13,544 more than a comparable Toyota Corolla (LE gas) over the same 5 years.
Canada EVAP: up to $5,000 off an eligible new EV ($2,500 PHEV); Quebec / BC may add more. Shown for reference; not in the totals above. Source: Transport Canada.
Toyota bZ (XLE FWD) · Canada · 5-year estimate$57,105 total · $952/mo · $0.76/km
Where the money goes
| Cost component | Electric · Toyota bZ | Gas · Toyota Corolla |
|---|---|---|
| Depreciation (estimated) | $26,674 (47%) | $12,750 (29%) |
| Charging / fuel | $2,943 (5%) | $8,946 (21%) |
| ↳ of which charging loss | 12% (~$353) | — |
| Maintenance | $3,248 (6%) | $5,873 (13%) |
| Insurance | $15,655 (27%) | $11,445 (26%) |
| Financing interest | $8,085 (14%) | $4,047 (9%) |
| Registration & fees | $500 (1%) | $500 (1%) |
| Total cost of ownership | $57,105 | $43,561 |
Toyota bZ (XLE FWD) specs & assumptions
- Starting price
- $45,990manufacturer
- Powertrain
- Electric
- Efficiency
- 16.1 kWh/100kmNRCan
- Range
- 380 kmNRCan
- Canada electricity
- 16.50c/kWhprovincial utilities
- Annual km (assumed)
- 15,000Canada average
Compare the Toyota bZ (XLE FWD) against any car, your km & your scenario
Cost to charge the Toyota bZ (XLE FWD) at home
The Toyota bZ (XLE FWD) runs about $3.02 per 100 km at home — versus about $11.76 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
- $3.0216.1 kWh/100km + 12% charging loss × $0.17/kWh
- A typical 7 L/100km petrol car
- $11.76/100kmat $1.68/L — for comparison