How Much Does it Cost to Own a BYD Atto 3
The BYD Atto 3 has quickly become one of the best-selling electric vehicles (EV) in Australia in 2022.
The BYD Atto 3 and the MG ZS EV are two of the best-value electric car currently available for sale in Australia.
So how much does it really cost to own a BYD Atto 3? Is it cheaper to own than its petrol equivalent? We break it down in this guide 👇
BYD Atto 3 Buying Price
The BYD Atto 3 comes in two variants that are distinguished by different battery pack configurations.
- The Atto 3 Standard Range price starts at $44,381 before pm-road costs.
- The Atto 3 Extended Range pricing starts at $47,381 before pm-road costs $47,381.
👉 View the full pricing and features of both BYD Atto 3 here.
BYD Atto 3 Price After Incentives
Both the BYD Atto 3 Standard Range and Extended Range are eligible for most state-based EV incentives. Estimated pricing after incentives for each variant is detailed below.
BYD Atto 3 Standard Range Price
BYD Atto 3 Extended Range Price
We note these are estimates only. We have checked them against the official BYD Configurator and they come within a few hundred dollars. We recommend you go to the BYD configurator for exact pricing.
BYD Atto 3 Running Costs
Like any car (electric or not) the following items will form the majority of the BYD Atto 3's running costs.
✅ Insurance and registration
The fuel (electricity) costs for the BYD Atto 3 will vary depending on how much you drive and what you pay for the energy.
Below, we've outlined indicative energy rates for common electricity sources, ranging from home charging to public charging.
Comparing these rates to an equivalent petrol vehicle for the same distance covered, you'll be saving anywhere between 41 per cent to 85 per cent in 'fuel' costs.Electric Car Home Charging Guide 🏠🔌
2. Service and maintenance
There are now two servicing options for the BYD Atto 3:
- Standard kilometres: Every 12 months/20,000km, with capped prices over eight-years/160,000km averaging $299 per visit
- Lower kilometres: Every 12 months/12,000km, with capped prices over five-years/60,000km costing a fixed $189 per visit
These costs equate to $190 to $299 per year, compared to $1567 per year for the average petrol vehicle.
Electric cars are still in the early stages of adoption in Australia and as a result, obtaining car insurance may not be so straightforward.
From our investigation, several insurers currently insure the BYD Atto 3. Prices are typically what you expect for an SUV priced between $40,000 to $50,000. Expect average prices to be between $800 and $1600 per year.
Actual premiums depend on a range of factors that are beyond the scope of this guide, such as how much you use your car, personal driving history, where you park it at home and at work, and more.
BYD Atto 3 Compared to a Petrol Vehicle
We understand that a car purchase is both a financial and emotional decision.
How much one prioritises over the other depends on the individual. As we cannot quantify the emotional side, we've done our best here to quantify the financial considerations of owning a BYD Atto 3 in the long run.
Below we've crunched the numbers and benchmarked the BYD Atto 3 against a similar-sized small SUV – the Nissan Qashqai.
BYD Atto 3 Cost of Ownership Bottom Line
Compared to the Nissan Qashqai Ti, both the upfront and running costs of the Atto 3 are lower. After five years of ownership, you could save more than $9,000.
This analysis does not factor in the impact of depreciation, which is likely to favour the BYD Atto 3 in the short-term, based on re-sale values we are seeing for electric cars vs petrol.
As per the above comparisons, purchasing a BYD Atto 3 may be considered a sound 'financial' decision due to the potential savings.
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