Electric vehicles are less expensive to fuel than petrol powered vehicles. We've assumed an average of {YEARLY_DISTANCE} kilometres and spends approximately {PETROL_PER_YEAR} on petrol per year. In comparison, the cost of electricity to power Model 3 over the same distance is approximately {TIMES_LOWER} times lower. Over the five year average length of car ownership, that's up to {PETROL_SAVINGS} in petrol savings.

We've assumed a fuel economy of {FUEL_ECONOMY} l/100 km for a comparable petrol powered car. We've also assumed the national average of {ELECTRICITY_PRICE} per kilowatt-hour for residential electricity (assumed for 100% charging) and {PETROL_PRICE} per litre for petrol over the next five years. Tesla efficiency values are based on Model 3 Rear-Wheel Drive.

Comparison petrol vehicles are selected based on vehicle class, seating capacity and standard features. We use the WLTP estimated range standard to compare efficiency data between our cars and a comparable petrol alternative using each vehicle's combined suburb/highway MPG and MPGe ratings. Actual range may vary based on factors such as speed, weather conditions and elevation change.

Model 3 consumption rating = {KWH_CONSUMPTION} kWh/100km
Comparison car consumption rating = {FUEL_ECONOMY} l/100 km

References:
We used the most recent petrol and electricity prices that were available to us through third-party resources on {LAST_UPDATED}.

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