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Four Tesla Alternatives

Four alternative electric cars available now or coming this year.

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Only Tesla make electric cars (EVs) right? Wrong! There are a surprising number of cheaper alternatives to cars from Elon Musk's company. Over the next few years, more and more mainstream car making giants are launching EVs and Tesla is going to have a fight on its hands.

Nissan Leaf 2.0

This year, Nissan is updating its popular and successful Leaf electric car. The Leaf is currently the world's best selling EV, with over 300,000 units shipped. It's also one of the most affordable. The original Leaf launched in 2010 whilst Tesla were still converting rebadged Lotus cars to electric.

The original car featured numerous aerodynamic design features, including sweeping headlights that deflect air around the wing mirrors, reducing drag. The underside also had smooth panelling, making the car more slippery and further lowering drag. Nissan opted for LED headlights to lower power usage and increase efficiency. The Leaf was sold in Australia for a time and you may be able to find an original first-generation demo model for sale at dealers today.

The Leaf 2.0 should arrive sometime this year or in early 2019. The updated car promises to double the distance between charges to 400km, with some refinements to improve acceleration. The Leaf 2.0 will also boast driving assists like automated parking.

The expected retail price is between $40,000 and $50,000.

Tesla Alternatve: The Nissan Leaf

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BMW i3

For those looking for a luxury EV at half the price of a Tesla, the i3 and i3s sports models by BMW fit the bill nicely. 95% of the i3 is recyclable, with BMW stating they tried to design with sustainability in mind. BMW package a 33kWh battery into the i3, however, this includes a non-usable, battery life-prolonging safety buffer of 6kWh. Still, the zero-emission German car boasts a 310km range.

The interior is deceptively spacious, but the external styling may divide opinions. The accompanying BMW smartphone app even helps drivers set off at the optimal time, how very German!

The list price for the BMW i3 is $68,700 excluding on-road costs.

BMW i30 Tesla alternative

Source: BMW.com.au

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Renault ZOE

French carmaker Renault is bringing its EV supermini to Australia this year. Renault will fit the ZOE with a 41 kWh battery, giving a real-world driving range of 280 km. The small car accelerates quite leisurely for an electric vehicle, taking a lengthy 13.5 seconds from 0 - 100kph. Flat out, the ZOE will hit 135 kph and it should receive a five-star ANCAP rating when launched. Features include smartphone connectivity and a 7" touchscreen with TomTom navigation as standard.

Owners of the ZOE will be able to rapid charge the battery from flat to 80% in 30 minutes and top up the energy pack in 3-4 hours at home. Interestingly, the ZOE was originally launched back in 2012, after engineers carried out hot-weather testing in Australia. The expected retail price is $45,000.

Renault Zoe is a Tesla Alternative

Source: Renault.com.au

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Hyundai Ioniq

One of Australia's biggest selling automotive brands, Hyundai, plans to launch an EV model here this year. The Hyundai Ioniq is a 5-seater hatchback, that appears pretty conventional externally but the car receives widely positive reviews. Hyundai claims a range of 300kms, with a top speed of 165kph.

The Ioniq ships with an array of extra safety features like emergency braking and blind-spot detection. Its battery carries a lifetime warranty and 4.5-hour recharge time on a domestic plug. Local engineers from Hyundai Australia will no doubt tweak the suspension and ride to suit Aussie roads better. Speculation puts the Ioniq retail price at around $50,000.

Hyundai Ioniq

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on OnlineAuto.com.au's website

Compare the Tesla finance options below

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Name Interest Rate (p.a.) Comp. Rate (p.a.) Application Fee Monthly Fee Monthly Repayment
loans.com.au - Green Car Loan Variable
loans.com.au logo
Variable3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
6.09%
Comp. Rate (p.a.)
7.21%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$934.07
Go to siteMore Info
You'll receive a variable rate from 6.09% p.a. based on your risk profile
0.7% discount on the interest rate, applies on qualifying electric and hybrid car . Early payout available with no monthly or ongoing fees.

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Compare Tesla car insurance providers

1 - 20 of 24
Name Product Roadside assistance Accidental damage Storm Choice of repairer Agreed or Market Value
Youi Comprehensive
Optional
Agreed or Market
Finder's summary: The 2023 winner of our Best Features Car Insurance award. Plus, it's one of the only insurers to automatically include roadside assistance.

Who it might be good for: Those who want good customer service with lots of inclusions.
Budget Direct Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: The 2024 winner of our Best Value Car Insurance award. It's cheaper than most, plus you can lower costs by adding age restrictions.

⭐ Current offer: 15% off your first year's premium when you take out a policy online. T&Cs apply.

Who it might be good for: Anyone who wants a good value policy.
Australia Post Comprehensive
Optional
Agreed or Market
Finder's summary: Covers a little more than other insurers. You don’t need to pay an excess for windscreen repairs and cover applies to anyone who uses your car.

⭐ Current offer: Get $75 off your first year's comprehensive car insurance premium when you buy online. T&Cs apply.

Who it might be good for: Multiple people using one car.
Bingle Comprehensive
Market
Finder's summary: Our data shows it’s the cheapest comprehensive policy. It just covers the basics such as damage to your car, theft and storms – it doesn’t go in for add-ons and extras.

Who it might be good for: Those wanting a low-cost, no-frills policy.
Qantas Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: You need car insurance so why not get one that lets you earn Qantas Points? It's good value too (it's underwritten by the same insurer as Budget Direct).

⭐ Current offer: Earn up to 30,000 Qantas Points with every car insured by 30 September. Plus save 15% on your 1st year’s premium when you purchase online. T&Cs apply.

Who it might be good for: People who want more bang for their buck with Qantas Points.
ROLLiN' Comprehensive
Agreed
Finder's summary: One of the most cost-effective insurers for under 25s, according to Finder research, with no aged-based excess.

Who it might be good for: Young drivers looking to keep costs down and anyone who’d like to get more flexibility from their car insurance.
QBE Comprehensive
Green Company
QBE Comprehensive
Optional
Agreed or Market
Finder's summary: Our best-rated Car Insurer for Customer Satisfaction in 2021/2022 and Green Insurer for the last 3 years.

⭐ Current offer: Save $75 when you purchase a new comprehensive policy online. T&Cs apply.

Who it might be good for: Those who want a trustworthy insurer and more cover than other brands, such as 3-year new car replacement (e.g. they'll give you money for a new car for up to 3 years if yours is written off).
Kogan Comprehensive
Optional
Agreed or Market
Finder's summary: Kogan comes with all the perks that most comprehensive car insurance policies include, but you'll also be entitled to some benefits from its online store. This usually comes in the form of a gift voucher or discount if you buy online.

⭐ Current offer: Get $80 off first year premiums when you purchase Kogan Comprehensive Car Insurance online + $10 monthly kogan.com credit. T&Cs apply.

Who it might be good for: Kogan shoppers and those after a good range of policy options.
ahm Comprehensive
Optional
Agreed or Market
Finder's summary: Its "pay as you drive" cover can save you up to 30% compared to its standard comprehensive cover. There's also no excess to pay if you hit a Kanga or other animal.

⭐ Current offer: Get 12 months of roadside assistance included when you take out a new comprehensive car insurance policy. T&Cs apply.

Who it might be good for: Rural drivers and those who drive less than 15,000 km a year.
Club Comprehensive 4x4 Insurance
Optional
Agreed or Market
Finder's summary: With Club 4X4, you can take advantage of Australia-wide cover for your 4WDs or 4x4. Importantly, insurance extends to modifications and accessories. Also, get peace of mind with personal effects cover of up to $2,000, plus, up to $1500 towards the cost of recovering your off-road vehicle if you get in trouble.

Who it might be good for: Drivers of 4WDs or 4x4s looking for wide-ranging protection ahead of their next driving adventure.
Coles Comprehensive
Optional
Agreed or Market
Finder’s summary: Mid-range cover and price but very good for perks. Double Flybuys points and $10 off at Coles every time you redeem 2,000 points, plus 1-week turnaround on repairs.

⭐ Current offer: 15% off your first year’s premium when you take out a policy online. T&Cs apply.

Who it might be good for: Those who want a wide-ranging policy with added bonuses that allow savings on everyday bills.
Bendigo Bank Comprehensive
Agreed or Market
Finder's summary: On top of the essentials, cover includes a nationwide repair network, 3-year new car replacement and up to $30m in liability insurance.

Who it might be good for: Those wanting peace of mind with lots of benefits.
Bupa Ultimate
Agreed or Market
KOBA Pay per KM
Agreed
Finder's summary: KOBA uses a pay-per-km system – ideal if you drive less. Its app is easy to use and costs can be as cheap as 3¢ per kilometre.

Who it might be good for: Those who don't drive long distances, such as city drivers.
Huddle Black Comprehensive
Agreed or Market
Finder's summary: This goes further than most insurers. You get up to 2k for stolen keys, roadside assistance and rental car excess cover (for car rentals in Australia).

Who it might be good for: Those who want top cover for their car.
Huddle Comprehensive
Optional
Agreed or Market
Finder's summary: Huddle's comprehensive policy will cover you if your vehicle is damaged or lost as a result of a collision, a natural event, a malicious act, theft or fire. It also includes up to $500 for essential repairs.

Who it might be good for: Someone who drives less than 15,000 km a year can opt for Pay As You Drive cover.
Virgin Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: Finalists for the 2021 Finder Awards for Best Car Insurance - Value in VIC, QLD, SA, WA and TAS, Virgin Comprehensive provides a good level of cover for a decent price.

⭐ Current offer: Get 15% off on your first year’s premium when you purchase a new eligible comprehensive car insurance online. T&Cs apply.

Who it might be good for: People who'd like to manage their policy online 24/7.
Poncho Comprehensive
Poncho Comprehensive
Agreed
Finder's summary: Poncho works like a monthly subscription – you pay monthly and can cancel and leave at any time. You can also list multiple cars and drivers under one policy, making it ideal for families and groups living together under one household.

Who it might be good for: People who want their car insurance month to month.
PD Comprehensive
Optional
Agreed or Market
Finder's summary: PD comprehensive car insurance policy lets you buy, manage, and start your claims process online. It includes cover for emergency repairs up to $500 and free windscreen chip repair. Ability to customise your extras cover.

Who it might be good for: Those with low claims history and the only driver.
Real Comprehensive
Optional
Agreed or Market
Finder's summary: Real Comprehensive Car Insurance provides similar coverage to other insurers for the important stuff like looking after your car if it's stolen or you crash. It's also one of the few insurers who offer a Pay As You Drive policy, so you might be able to save big if you don't drive much.

Who it might be good for: Those that don't drive much can take advantage of its Pay As You Drive policy.
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Pictures: Shutterstock

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Writer

Ben Gribbin is an automotive writer at Finder. He is a life-long car enthusiast, bringing many years of experience working with and writing about cars. During his time, Ben has been a freelance writer, editor and reviewer for a number of leading publications across the UK. He was voted the Guild of Motoring Writers Breakthrough Blogger in 2015. See full bio

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