2023 BYD Tang EVTrue Cost of Ownership in Australia
523 hp all-electric. Full cost breakdown including import duty (5%), VAT (10%), insurance, fuel at A$1.3/L, maintenance, and depreciation.
Purchase Price
$55K
Base: $48K
Annual Total
$18K
Insurance + fuel + maintenance
Import Duty
$2K
5% of base price
VAT
$5K
10% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$143K
Purchase + 5yr running costs
2023 BYD Tang EV — Full Cost Breakdown in Australia
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $48K |
| Import Duty (5%) | $2K |
| VAT / Sales Tax (10%) | $5K |
| Total Purchase Price | $55K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $3K |
| Annual Depreciation | $10K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $18K |
| 5-Year Total Cost of Ownership | $143K |
| Cost Per Kilometer | $1.170 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
BYD Tang EV Fuel Cost Calculator — Australia
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,145
USD equivalent
Monthly Fuel Cost
$179
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$14.30
11L × A$1.30
BYD Tang EV Depreciation Curve
The BYD Tang EV loses approximately $24K (49%) of its value over 5 years.
Year-by-Year Value
| New | $48K | 100% |
| Year 1 | $38K | 80% |
| Year 2 | $34K | 70% |
| Year 3 | $30K | 62% |
| Year 4 | $27K | 56% |
| Year 5 | $24K | 51% |
Depreciation based on suv segment averages.
BYD Tang EV vs. Competitors in Australia
How does the BYD Tang EV compare to similar cars available in Australia?
BYD
Tang EV
Base Price
$48K
Annual Cost in Australia
$18K
Toyota
RAV4
Base Price
$32K
Annual Cost in Australia
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in Australia
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in Australia
$7K
Annual costs estimated for Australia market. Import duty (5%) and VAT (10%) applied to all models.
🇦🇺 Owning a Car in Australia
Long distances increase fuel costs.
Moderate for Australia
Annual car costs = 34% of average Australia income ($52K/yr)
Average Annual Income
$52K
In Australia
Fuel Price
A$1.30/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
5%
On vehicle value
VAT / Sales Tax
10%
Applied at purchase
Driving Side
Left-hand
Oceania
Popular Car Brands in Australia
BYD Tang EV in Australia — Frequently Asked Questions
Common questions about owning a BYD Tang EV in Australia.
The 2023 BYD Tang EV has a base price of $48,000 USD. In Australia, after 5% import duty and 10% VAT, the total purchase price is approximately $55,440 USD (A$55,440 AUD).