Tesla Model 3 vs. Toyota Camry

u/ev-compare · Joined Oct 2024

A comparison of the iconic EV versus the classic gas vehicle: Which is more costly in the long run? Let’s explore the time value of money.

Last update Oct 2024
  • Scenario 1: Total Cost of Tesla Model 3
  • Scenario 2: Total Cost of Toyota Camry
  • Which One Is Higher (%)

Cost curves are calculated on an assumption of 15,000 km per year. Feel free to adjust the preset numbers to your local prices. Look for point(s) where one curve surpasses the other, indicating key shifts in expenses between these two.

# Years from Now

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Time Value Assumptions

Heads Up!

If you're using Cost Basis (cb) for calculating capital gains:

Please be aware that very few countries currently use inflation-indexed cost basis. Double-check your local tax rules before publishing.

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How is Cash Value calculated?

Model 3 efficiency: 6.4 km per kWh. Assumed mileage: 15000 km per year.

Decisions / Expectations

(Expressions are evaluated at Year 0 only.)

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Calculations

(Expressions are evaluated at every year.)

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