Electric Vehicle (EV) Loan Calculator.
Calculate EV financing with incentives, charging costs, and long-term savings
Move the sliders or type in the form on the left — the math updates live as you go. Click Get AI verdict when you want a written analysis.
Electric vehicles have higher upfront costs but much lower running costs. This calculator compares the total cost of EV ownership including incentives, charging, and savings versus petrol.
Real-world scenarios
Tesla Model 3 vs Camry
Model 3 at $58,000 vs Camry at $40,000. 15,000km/year, electricity $0.30/kWh, petrol $1.90/L.
Inputs
Annual fuel: EV $720 vs Petrol $2,280. Save $1,560/year on fuel — $7,800 over 5 years. That narrows the $18,000 purchase-price gap to about $10,200 before financing costs; WA's $3,500 rebate (if eligible) or ACT/NT's stamp duty and registration concessions close it further.