The estimated price (including COE) for a Tesla Model 3 electric car is about $250,000 (as at August 2022) according to SGCarMart. It is much pricier as compared to the typical petrol-powered car, but you’ll be able to save a few thousands of dollars or even up to about $40,000 when you switch from a regular petrol-powered car to an electric one. What’s more, the cost per km for electric cars is many times less than that of petrol-run cars.