All assumptions and values

Every hardcoded number in the calculator, listed so you can verify or challenge them. If you spot an error, let us know.

Fixed annual costs

ItemValue
Registration$110/year
WoF$60/year
RUC (diesel)$76 per 1,000 km
RUC (EV)$76 per 1,000 km
RUC (petrol)$0 (included in fuel excise)

Maintenance base costs

ItemValue
ICE base maintenance$800/year (before vehicle factor)
Tesla base maintenance$400/year
ICE age scaling+15% per year above age 3
Tesla age scaling+8% per year above age 4
ICE km scaling+0.3% per 1,000 km above 100k
Tesla km scaling+0.2% per 1,000 km above 100k

Tyre costs

VehicleSet costReplacement interval
ICE$80050,000 km
Tesla$1,50040,000 km

Tesla energy efficiency

ModelkWh/100km
Model 314.5
Model Y16.0

Depreciation confidence band

ScenarioRate adjustment
OptimisticBase rate x 0.75
ModerateBase rate (as listed)
PessimisticBase rate x 1.25

Km adjustment (+0.05% per 1,000 km above 80,000 km, capped at 25% total) is applied on top of all scenarios. Import adjustment (0.8x rate) applies before the scenario multiplier.

Per-vehicle data

Depreciation rates, maintenance factor, and typical fuel consumption for each listed vehicle.

VehicleL/100kmMaint.Import adj.Dep. rates (by age)
Toyota Corolla6.80.8x0.8x14% / 10% / 7% / 5% / 3%
Toyota Camry7.80.85x0.8x15% / 10% / 7% / 5% / 3%
Mazda 36.50.85x0.8x15% / 10% / 7% / 5% / 3%
Mazda 67.50.9x0.8x16% / 11% / 7% / 5% / 3%
Honda Civic6.80.8x0.8x14% / 10% / 7% / 5% / 3%
Honda Fit / Jazz5.80.7x0.8x15% / 10% / 7% / 5% / 3%
Suzuki Swift5.50.7x0.8x15% / 10% / 7% / 5% / 3%
Subaru Impreza7.21x0.8x16% / 11% / 7% / 5% / 3%
Toyota RAV47.80.85x0.8x13% / 9% / 7% / 5% / 3%
Mazda CX-57.40.9x0.8x14% / 10% / 7% / 5% / 3%
Mitsubishi Outlander80.9x0.8x16% / 11% / 7% / 5% / 3%
Honda CR-V7.60.85x0.8x14% / 10% / 7% / 5% / 3%
Nissan X-Trail8.20.9x0.8x16% / 11% / 7% / 5% / 3%
Subaru Outback7.71x0.8x14% / 10% / 7% / 5% / 3%
Toyota Hilux (diesel)10.51.2x-10% / 8% / 6% / 4% / 3%
Ford Ranger (diesel)10.81.2x-13% / 9% / 7% / 5% / 3%
Hyundai i3070.85x-17% / 12% / 8% / 5% / 3%
Kia Cerato7.20.85x-17% / 12% / 8% / 5% / 3%
Hyundai Tucson80.9x-16% / 11% / 8% / 5% / 3%
Kia Sportage7.80.9x-16% / 11% / 8% / 5% / 3%
Volkswagen Golf6.51.3x-20% / 13% / 9% / 6% / 4%
BMW 3 Series7.51.5x-20% / 14% / 9% / 6% / 4%
Audi A36.81.4x-20% / 13% / 9% / 6% / 4%
Mercedes C-Class7.81.6x-20% / 14% / 9% / 6% / 4%

Depreciation rates read left to right: age 0-2 / 3-5 / 6-8 / 9-12 / 13+

Tesla depreciation rates

ModelDep. rates (by age)
Tesla Model 318% / 12% / 8% / 5% / 3%
Tesla Model Y16% / 11% / 8% / 5% / 3%

Depreciation rates read left to right: age 0-2 / 3-5 / 6-8 / 9-12 / 13+

Default input values

InputDefault
Current carToyota Corolla, NZ New
Current car fuelPetrol, $3.38/L, 6.8 L/100km
Current car year2018
Current car odometer80,000 km
Current car value$15,000
Current car insurance$1,200/year
Km driven per year12,000 km
Tesla modelModel 3
Tesla year2023
Tesla odometer20,000 km
Tesla price$45,000
Tesla insurance$1,800/year
Electricity price$0.30/kWh
Opportunity cost rate5.5%