Petrol or Plug-In? RACQ crowns most affordable cars for 2025
Electric and hybrids are now going head-to-head with traditional petrol and diesel cars for the title of cheapest vehicles to own and operate in Queensland.
SEE THE RESULTS HERE
According to the latest RACQ study of 55 popular models, the light passenger Suzuki Swift Mild Hybrid, which comes at a cost of $874 per month and an affordable price tag of $28,000, has been crowned as the most affordable car to own and operate in 2025.
RACQ Principal Technical Researcher Andrew Kirk said the research lifted the bonnet on the hidden costs of car ownership.
“We calculated everything from fuel and servicing to insurance and depreciation to give car owners a clear picture of just how much it’ll cost them over a five-year period, and the Swift came out on top for affordability,” Mr Kirk said.
“Our research shows a surge in EV and hybrid affordability, marking a turning point with several EVs now outperforming their combustion-engine counterparts across multiple categories.”
In the Small Passenger category, the 2025 BYD Dolphin came out on top with a total cost of $53,384 over five years – or $889 per month to operate.
The Dolphin narrowly edged out its competition, the Cherry Tiggo 4, which secured a strong second place only trailing by an extra $48.84 per month over five years.
“We are seeing a clear shift this year with greater competition from brands like BYD making these vehicles the most affordable,” Mr Kirk said.
Putting the brakes on this trend was the Mazda CX-5, which came in at around $2,900 cheaper over five years than the BYD Sealion 6, costing $1,161 per month.
“When we look at the Medium Passenger category, the Mazda comes out on top, but with only a $49 difference in monthly operating costs. It’s a price gap which could be reduced if you utilise full electric mode on the Sealion 6.”
Back on trend was one of Australia’s most in-demand vehicles, the BYD Shark. The price tag for the popular plug-in hybrid ute came in at an astonishing $7,704 cheaper drive-away price than the Mitsubishi Triton GSR.
“Utes in Australia have often been expensive to buy and run, but the Shark is driving a new future to a certain extent,” Mr Kirk said.
“Its monthly running costs sit at $1,578 - $225 cheaper than its closest competitor, the Triton, and far below the category monthly average of $1,804.”
As more motorists consider making the switch to electric, it was important to understand how novated leasing could significantly reduce operating costs – thanks in large part to generous Fringe Benefit Tax exemptions.
“Everyone has different needs and expectations from their vehicle, so doing your research is essential,” Mr Kirk said.
“For instance, the Suzuki Swift Hybrid might be the cheapest, but it only scored a three out of five-star ANCAP Safety Rating. While price is important for many of us, safety is also paramount and must be considered when buying a car.”
*Total costs were calculated using registration, insurance, fuel, servicing, and tyres based on 15,000 kilometres/year for five years. Loan repayments over 5 years if purchase was fully financed through RACQ Bank.
**Novated Lease calculated assuming an annual income of $100,000. The lease cost also includes registration, insurance, fuel, servicing, and tyres based on 15,000 kilometres/year for five years.
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