Geely EX5 cost to own in New Zealand — the true 5-year total
The Geely EX5 starts at $51,990. Over 5 years, owning one (EV) costs about $60,134 in New Zealand as of July 9, 2026 — $1,002/month, $0.86/km — including depreciation, charging (with the ~12% charging loss most calculators ignore), maintenance, insurance, financing and rego + road-user charges. That's $7,380 more than a comparable Toyota RAV4 Hybrid GXL FWD over the same 5 years.
Geely EX5 incentives & grants
No EV purchase rebate in NZ (the Clean Car Discount ended Dec 2023), and EVs now pay Road User Charges (~NZ$76/1,000 km). Both are reflected honestly — the RUC is included in the totals above. Source: NZTA.
Geely EX5 · NZ · 5-year estimate$60,134 total · $1,002/mo · $0.86/km
Where the money goes
| Cost component | Electric · Geely EX5 | Hybrid · Toyota RAV4 Hybrid GXL |
|---|---|---|
| Depreciation (estimated) | $30,154 (50%) | $22,256 (42%) |
| Charging / fuel | $5,274 (9%) | $9,979 (19%) |
| ↳ of which charging loss | 12% (~$633) | — |
| Maintenance | $2,247 (4%) | $3,752 (7%) |
| Insurance | $7,000 (12%) | $6,500 (12%) |
| Financing interest | $9,214 (15%) | $9,402 (18%) |
| Registration & fees | $6,245 (10%) | $865 (2%) |
| Total cost of ownership | $60,134 | $52,754 |
Geely EX5 specs & assumptions
- Starting price
- $51,990manufacturer
- Powertrain
- Electric
- Efficiency
- 15 kWh/100kmWLTP/EECA
- Range
- 430 kmWLTP/EECA
- NZ electricity
- 34.00c/kWhEA / MBIE
- Annual km (assumed)
- 14,000NZ average
Compare the Geely EX5 against any car, your km & your scenario
What the numbers say
The Geely EX5 costs about $60,134 to own over 5 years in New Zealand — $1,002/month, $0.86/km at 14,000 km/yr — and depreciation is the biggest line: $30,154, 50% of the total (as of July 9, 2026).
- The Toyota RAV4 Hybrid GXL FWD wins decisively here — $7,380 cheaper over 5 years; at typical assumptions this isn't a close call.
- Only heavy drivers flip this one: the Geely EX5 needs more than about 30,500 km/yr to beat the Toyota RAV4 Hybrid GXL FWD.
- On cost per month the Geely EX5 ranks #6 of 18 midsize SUV models we track in NZ.
- Where the Geely EX5's $60,134 actually goes: depreciation $30,154 (50%), financing interest $9,214 (15%), insurance $7,000 (12%), registration & fees $6,245 (10%), charging $5,274 (9%), maintenance $2,247 (4%).
- Per km, that is $0.43 of depreciation and $0.08 of charging, with $0.35 for everything else — $0.86/km all-in.
- Charging vs the fleet: at $5,274 over 5 years the Geely EX5 sits within $176 of the $5,450 median for the 23 EVs we price — nothing unusual either way.
What we assume for maintenance
Assumed $449/yr for an EV at 14,000 km/yr — about $2,247 of the 5-year total above. On this market's assumptions an EV runs about $451/yr less in maintenance than a petrol car ($449 vs $900). See the methodology for sources; adjustable in the calculator.
Cost to charge the Geely EX5 at home
The Geely EX5 runs about $5.80 per 100 km at home — versus about $20.79 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
- $5.8015 kWh/100km + 12% charging loss × $0.34/kWh
- A typical 7 L/100km petrol car
- $20.79/100kmat $2.97/L — for comparison