Tesla Model 3 Premium RWD vs Toyota Camry Hybrid LE: 5-year cost to own in Florida

Q: Is the Tesla Model 3 Premium RWD or the Toyota Camry Hybrid LE cheaper to own over 5 years in Florida?

The Toyota Camry Hybrid LE stays the cheaper car to own — about $37,313 vs $53,120 for the Tesla Model 3 Premium RWD, a $15,807 difference over 5 years.

Q: How much more does the Tesla Model 3 Premium RWD cost to buy than the Toyota Camry Hybrid LE?

The Tesla Model 3 Premium RWD starts at $42,490 — $13,490 more than the Toyota Camry Hybrid LE ($29,000). Over 5 years the ownership gap is $15,807 in favor of the Toyota Camry Hybrid LE.

Q: Which costs less per mile — the Tesla Model 3 Premium RWD or the Toyota Camry Hybrid LE?

The Toyota Camry Hybrid LE: $0.62 vs $0.89 per mile all-in ($622 vs $885 per month) in Florida.

By the EVCostIQ research desk · reviewed against our public methodology · every source dated on this page

As of July 1, 2026, over 5 years in Florida, the Toyota Camry Hybrid LE stays the cheaper car to own — about $37,313 vs $53,120 for the Tesla Model 3 Premium RWD, a $15,807 difference over 5 years. Florida's electricity (15.4¢/kWh, 18% below the U.S. average) and $3.78/gal gas are fed straight into both totals. The expired federal $7,500 EV credit is not applied to either total.

Cheaper to own over 5 years · FloridaToyota Camry Hybrid LE · $37,313 total · $15,807 less than the Tesla Model 3 Premium RWD

Tesla Model 3 Premium RWD vs Toyota Camry Hybrid LE — where the money goes

5-year total cost of ownership by component, by vehicle (USD). Estimates; sources dated in the methodology.
Cost component	Electric · Tesla Model 3 Premium	Hybrid · Toyota Camry Hybrid LE
Depreciation (estimated)	$24,644 (46%)	$11,310 (30%)
Charging / fuel	$3,408 (6%)	$4,823 (13%)
↳ of which charging loss	12% (~$409)	—
Maintenance	$3,660 (7%)	$4,560 (12%)
Insurance	$13,750 (26%)	$11,500 (31%)
Financing interest	$7,427 (14%)	$4,890 (13%)
Registration & fees	$231 (0%)	$231 (1%)
Total cost of ownership	$53,120	$37,313

The charging-loss row is the ~10–15% of electricity lost to AC charging that you pay for but never reaches the battery — we include it; most calculators don't.

When does the Tesla Model 3 Premium RWD win?

Even at 30,000+ mi/yr or a 15-year hold, the Toyota Camry Hybrid LE stays cheaper here — its lower price and slower depreciation dominate. The Tesla Model 3 Premium RWD is the pick mainly for reasons beyond 5-year cost (performance, emissions, HOV access, home-charging convenience).

Tesla Model 3 Premium RWD vs Toyota Camry Hybrid LE, side by side

Electric

Tesla Model 3 Premium RWD

5-yr total cost: $53,120
Cost / month: $885
Cost / mile: $0.89
MSRP: $42,490
Powertrain: Electric
Efficiency: 25 kWh/100mi

Hybrid Lower 5-yr cost

Toyota Camry Hybrid LE

5-yr total cost: $37,313
Cost / month: $622
Cost / mile: $0.62
MSRP: $29,000
Powertrain: Hybrid
Efficiency: 47 mpg

Florida electricity: 15.4¢/kWh EIA
Gas price (Florida): $3.78/gal AAA

Change the miles, your state & either car

Full cost breakdowns

← Tesla Model 3 Premium RWD vs Toyota Camry Hybrid LE (U.S. average)

FAQ

Is the Tesla Model 3 Premium RWD or the Toyota Camry Hybrid LE cheaper to own over 5 years in Florida?

The Toyota Camry Hybrid LE stays the cheaper car to own — about $37,313 vs $53,120 for the Tesla Model 3 Premium RWD, a $15,807 difference over 5 years.

When does the Tesla Model 3 Premium RWD become cheaper than the Toyota Camry Hybrid LE?

How much more does the Tesla Model 3 Premium RWD cost to buy than the Toyota Camry Hybrid LE?

The Tesla Model 3 Premium RWD starts at $42,490 — $13,490 more than the Toyota Camry Hybrid LE ($29,000). Over 5 years the ownership gap is $15,807 in favor of the Toyota Camry Hybrid LE.

Which costs less per mile — the Tesla Model 3 Premium RWD or the Toyota Camry Hybrid LE?

The Toyota Camry Hybrid LE: $0.62 vs $0.89 per mile all-in ($622 vs $885 per month) in Florida.