Running cost comparison

Tesla Model 3 vs BMW 320d Running Costs

Tesla Model 3 and BMW 320d are two popular UK used cars that are often compared by buyers. This page compares their estimated ownership costs including fuel, insurance, maintenance and depreciation.

Tesla Model 3
£848/mo
£30,514 over 3 years
BMW 320d
£411/mo
£14,798 over 3 years

Which is cheaper to own?

Based on 8,000 miles per year over 3 years, the BMW 320d is estimated to be cheaper by around £15,716 over the ownership period.

Cost breakdown

CostTesla Model 3BMW 320d
Monthly cost£848£411
Annual cost£10,171£4,933
Fuel per year£6,000£1,266
Insurance per year£1,200£900
Maintenance per year£1,100£1,350
Depreciation per year£1,871£1,226

Verdict

The cheaper car to own will depend on purchase price, mileage, fuel costs, insurance and depreciation. Use the figures below as a guide, then run your own calculation based on your mileage and ownership period.

Compare your own cars

FAQs

Is the Tesla Model 3 cheaper to run than the BMW 320d?

The cheaper car depends on mileage, fuel costs, insurance, maintenance and depreciation. The comparison above estimates the total ownership cost over three years.

Which has lower fuel costs, the Tesla Model 3 or BMW 320d?

Fuel costs depend on real-world efficiency, fuel type and annual mileage. Diesel and electric cars may be cheaper to run for high-mileage drivers, while performance petrol cars usually cost more to fuel.

Which car should I choose?

Choose based on your budget, mileage, driving style and how much risk you are comfortable with around depreciation, maintenance and insurance.