Lifetime cost of driving: Do EVs really save you money?

Read the original at The Sydney Morning Herald ↗
The Sydney Morning Herald · collected 2026-10-13 · by Emily Chantiri

Quick Summary

This article discusses whether electric vehicles (EVs) save money over time compared to traditional internal combustion engine (ICE) cars. It features a personal account from Imogen Lamport, who switched from a 21-year-old BMW to an EV two years ago for around $40,000. She reports lower running costs due to solar power and minimal service expenses, estimating savings of nearly $8000 over two years despite higher initial costs. The article also mentions that driving with petrol at $2 per litre in an ICE vehicle typically incurs higher long-term expenses compared to EVs.
Written locally by qwen2.5:14b on 2026-10-13, using this article's own text rather than the other coverage of the same event (that is the story summary below).

AI analysis runs on qwen2.5:14b, locally

Story summary

A study by the Electric Vehicle Council found that driving a conventional car with petrol at $2 per litre costs an average of $22.20 per 100 kilometres, increasing to $27.75 at $2.50 and $33.30 at $3 per litre. Emily Chantiri, who traded her Toyota Corolla after it was written off for a second-hand Honda Jazz due to high initial costs of EVs, now questions whether an electric vehicle would have been more economical given the current market conditions and rising petrol prices. Meanwhile, Imogen Lamport switched from a 21-year-old BMW to an MG4 EV two years ago and reported that her new car charges in 20 minutes and has only required a service costing $270 after two years of use. The increasing availability of second-hand EVs and decreasing upfront costs make them more accessible, potentially shifting consumer preferences towards electric vehicles.

Written for “Electric Vehicle Costs” on 2026-10-13, grounded in this article and the 0 other(s) covering the same event.
Why this leaning score
The model judged this article politically coded and scored it -0.35, but all 3 of its quote(s) are attributed speech - words the article quotes from someone, not the article's own narration, so the score is not published.
Written under an earlier scoring contract, which gave a paragraph rather than checkable quotes. Re-analysing this article replaces it.
Leaning score withheld for article 75696: attributed speech only · logged 2026-10-13

Signals How these are calculated →

Claims extracted
45
claim-shaped sentences
Uncertain
4%
2 of 45 hedged
Leaning
withheld
no quote in the article backed the model's score
Correction & hedging signals
60.9
corrections and hedging in what we collected; not a measure of accuracy
Outlets on this story
1
Technology
Narrative spread
1
articles carrying this framing
Analyzed 2026-10-13 · how these are computed

Story

📰 Electric Vehicle Costs
Technology · 1 article(s) covering the same event.

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Compared with similar articles

Nothing to compare against. No article is close enough to this one for the pipeline to have linked or judged the pair.

Publisher

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Who wrote this

Emily Chantiri
2 article(s) here · 1 carrying a prediction
🔮 It would take two years to finally find one that I could afford.
2026-10-13 · assertive framing · Lifetime cost of driving: Do EVs really save you money?
🔮 Many of us fear AI weakens independent thought, creativity and learning, especially among young people who may rely on it to think for them.
Also by Emily Chantiri
Nothing else under this byline is closely related to this article, so these are simply their most recent.

Topics

BMW Canberra Corolla ICE Toyota

Subjects

Canberra GPE · 3× BMW ORG · 2× Imogen Lamport PERSON · 2× Adam PERSON · 1× Honda ORG · 1× ICE ORG · 1× Lamport PERSON · 1× Melbourne GPE · 1× Toyota ORG · 1× the Electric Vehicle Council ORG · 1×

Narrative

A study conducted on behalf of the Electric Vehicle Council found that driving an ICE vehicle with petrol at $2 per litre costs an average of $22.20 per 100 kilometres of driving, rising to $27.75 at $2.50 and $33.30 at $3 per litre.
framing: assertive · carried by 1 article(s) · first seen 2026-10-13
🔮 It would take two years to finally find one that I could afford.
2026-10-13 · The Sydney Morning Herald
Lifetime cost of driving: Do EVs really save you money? · assertive framing

Claims (45 extracted, 2 hedged)

When my old Toyota Corolla was written off after being hit, I found myself scrolling through numerous car sales websites trying to find a replacement. asserted
myself → write → replacement
It would take two years to finally find one that I could afford. uncertain
I → take → that
I settled on a 2018 Honda Jazz: basic for my needs and driveable. asserted
I → settle → needs
I did consider buying an EV but the upfront costs were too high and, frankly, there weren’t any affordable second-hand EVs. asserted
costs → consider → EV
Now, with more second-hand EVs on the market, and with skyrocketing petrol prices, I have wondered if an EV would have been the better option. asserted
EV → skyrocket → prices
After trading in her 21-year-old BMW for her EV MG4 two years ago, Imogen Lamport said she will never go back to an internal combustion engine (ICE) vehicle. asserted
she → trade → vehicle
‘It takes 20 minutes to charge – enough time for me to go inside, use a toilet, buy a drink and a snack, and walk back to my car. asserted
me → take → car
Lamport paid $40,000 for her EV, which she said was an average price at the time for what was available. asserted
what → pay → time
“I decided to go EV. asserted
I → decide → ?
There’s no fumes or noise, and because we have solar panels it’s mostly free to run. asserted
it → ’ → panels
I recently had my first two-year service and it cost $270.” asserted
it → have → 270
Another reason for the change was the rising costs of servicing, petrol and maintenance. asserted
reason → rise → servicing
“I paid around $10k more than an equivalent ICE car but from my calculations it would only take two years to make up the difference. asserted
it → pay → difference
After my old running costs it’s so much lower now, so it was worth it.” asserted
it → ’ → costs
Lamport drives mostly around Melbourne. asserted
Lamport → drive → Melbourne
At home she has installed a 7kW charger in the garage for faster charging, and charges the car once a week. asserted
she → instal → car
The only long drives are to Canberra to visit her elderly parents. asserted
drives → visit → parents
On these trips she stops twice after fully charging the car before leaving home. asserted
she → stop → home
“I visit my elderly parents fairly frequently; my car has a smaller battery, which is perfect for city driving. asserted
which → visit → driving
It takes me an hour longer depending on where I stop and the speed of the charger.” asserted
I → take → charger
Her husband Adam recently purchased an EV Zeekr 7X, making the trip to Canberra easier. asserted
trip → purchase → Canberra
“Now, I only need to stop once,” says Imogen Lamport. asserted
Lamport → need → ?
“It takes 20 minutes to charge – enough time for me to go inside, use a toilet, buy a drink and a snack, and walk back to my car. asserted
me → take → car
Almost the same time as I used to take to purchase petrol to get to Canberra.” asserted
I → use → Canberra
She believes her EV has saved her close to $8000 in the past two years. asserted
EV → believe → years
“I rarely have to use the public charging network and even then, if I’d had to, it would still have saved me $5000 as the maintenance costs with my BMW, along with petrol, was around $5000 a year. asserted
costs → use → petrol
“I’d never go back to an ICE car. asserted
I → go → car
EVs are much nicer to drive, along with being more environmentally friendly and quiet. asserted
EVs → drive → ?
Even when I do have to use public chargers, it costs me less than half of what I used to pay in petrol.” asserted
I → have → petrol
A study conducted on behalf of the Electric Vehicle Council found that driving an ICE vehicle with petrol at $2 per litre costs an average of $22.20 per 100 kilometres of driving, rising to $27.75 at $2.50 and $33.30 at $3 per litre. asserted
driving → conduct → litre
Battery-EV owners charging at 6pm, considered peak period, pay an average of $5.90 per 100 kilometres, dropping to $1.20 for midday charging. asserted
owners → charge → charging
According to the council, an EV owner could save an average of $3000 a year based on lower charging costs, compared with fuel and fewer parts, which means less maintenance. uncertain
which → accord → maintenance
Insurance a kicker While savings are found in running costs, be prepared to pay more insurance. asserted
savings → find → insurance
In 2026 a comparison test by consumer group Choice found EV cars are generally more expensive to insure. asserted
cars → find → Choice
Electric vehicle owners pay about 40 per cent, or $843 a year, more than petrol car owners. asserted
owners → pay → owners
Geelys are the cheapest EVs to insure, with an average cost of $1622 for a new car, and Tesla the most expensive, at an average cost of $2985. asserted
Tesla → insure → 2985
Milestone EV sales ahead of petrol The council announced a significant milestone in August 2026: for the first time, battery electric vehicles (BEVs) overtook every other fuel type in Australia’s new car market. asserted
vehicles → announce → market
BEVs accounted for 25.6 per cent of all new vehicle sales, ahead of petrol at 24.4 per cent and diesel at 22.3 per cent. asserted
BEVs → account → cent
Combined BEV and plug-in hybrid (PHEV) sales held a 36 per cent share of the new car market. asserted
sales → plug → market
The Tesla Model Y remained Australia’s best-selling new vehicle, while BYD Australia and New Zealand and Tesla ranked second and third among manufacturers behind Toyota. asserted
Australia → remain → Toyota
…and 5 more, not listed.
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