To many variables to be able to make a blanket statement. Are you in a cheap gas state or a cheap electricity state? Are you in a state that has big differences in car insurance? Are you going to charge at home on Level 2 or are you using Superchargers mostly? You'll save money on oil changes by driving the Tesla, but you'll pay more in tires every 5(?) years simply because the Model 3 has bigger, more expensive tires. Are you buying a RWD Model 3 or an AWD Model 3? Are you buying the standard Corolla or the hybrid? My bet is that if you're in a situation that makes an EV make more sense (cheap electricity to charge at home) and you drive a lot of miles, the savings on gas wipes out the difference in insurance pretty quickly It's a full pros-cons spreadsheet. I asked Claude to calculate it for us. So it looks like as long as the difference in insurance is less than $900 a year, the Model 3 wins. Personally, even though I loath Tesla, I would probably pick the Model-3 over the Corolla for my use-case scenario just to have the self-driving feature. Having a less exhausting journey for myself is helpful being a consultant. That wouldn't necessarily be something I can quantify in a spreadsheet. My travels, currently, are also through mountainous areas that kill fuel economy in my gassers but could be advantageous for an EV for regen. It's a weird "uphill both ways" scenario that I could use to my charging advantage if I was careful. (I'm tempted to rent a Tesla just to try it now)
