So, you want to be part of Australia’s green revolution, get an electric vehicle (EV) and travel the Australian streets without pollution or noise? big! But there is only one question – which electric car to buy?
This is not a small problem, you need to find the best option, especially the cost.
Don’t worry, we’re here to help. Below you will find all the electric vehicles you can buy in Australia, from the cheapest to the most expensive. If you follow every electric car that is about to be released in Australia, you need a different list.
Below are all the new electric vehicles available for purchase in Australia as of September 1, 2022, in order from lowest to highest price (MSRP).
Keep in mind that while these are the lowest and highest EV prices in Australia, these are just new EVs available for purchase. Used electric vehicles and older models are also available. Let us know if we missed a car from the list.
We have a large coverage of all electric vehicles coming to Australia but the highlights at the moment are Cupra Born Hatch, MG 4 and Polestar 3.
Electric vehicles are currently facing significant shortages due to international supply and chip shortages. If you are interested in purchasing any of the vehicles on this list, please wait for a while.
Currently, the cheapest new EV in Australia is the BYD Atto 3 ($44,381 before government taxes), though this may change as more EVs hit the market. Over the next few years, we can expect electric cars to get cheaper in Australia.
If it’s a used car, you can expect prices to be much lower (unless the supply is limited, in which case the used car might be more expensive), but for electric cars, you have to be mindful of the lithium batteries they use. Over time, they become less effective and need to be replaced like any other part of the car.
Otherwise, electric cars don’t really differ much from conventional cars, except that they usually have a lot of interesting technology in them.
As we previously reported, EV sales will account for 1.95% of the Australian market share between 2021 and 2022, with 20,655 vehicles sold during the year.
There are several reasons why electric vehicles are so expensive. First, it’s an innovative technology, which means that car companies (when they advertise what the next all-electric car will look like) are trying to recoup the money they’ve spent researching the technology.
Another key reason is scarcity. There are currently very few electric vehicles in Australia, so demand for them is somewhat low. It also created a huge backlog problem for Australians, especially those after Tesla. (Note: you’ll find that used Teslas currently cost more than new ones because they’re available now and you don’t have to order them.)
Another key reason is the luxury car tax, which is imposed on cars that exceed a certain threshold (just under $80,000). Most electric vehicles in Australia are subject to this tax.
The luxury car tax is a tax on luxury cars (confusing I know), but it also applies to most new electric cars in Australia (especially those over $79,659, which is the luxury threshold).
According to the Australian Taxation Office, a luxury car tax is levied at a rate of 33% on amounts above the luxury car threshold. It is paid by businesses and individuals who import luxury cars. Exact formula: (LCT value – LCT threshold) × 10 ÷ 11 × 33%. This applies to vehicles under the age of two, so you will often see this associated with electric vehicles. In the secondary market, this is a significant premium, and sellers are trying to get their money back.
Just like the batteries in your cell phone, electric car batteries wear out over time. Although electric vehicle batteries wear out over time, most manufacturers offer battery replacement methods.
That being said, replacing an EV battery can be very expensive, costing you thousands of dollars. Your best bet is to do your research to find out how much it will cost to replace the battery in your vehicle of choice. Also keep in mind that you don’t need to replace an electric car’s battery until it’s at least 10 years old.
The charging speed of electric vehicles varies greatly depending on the type of vehicle and the type of charger used. It only takes about 10 minutes for a 350 kW ultra-fast charger, Evse says, but it can also take 8 to 48 hours to charge an electric vehicle using the included portable or home charger.
It’s best to think of charging your EV like charging your phone or laptop – unlike fuel, there’s no “ready to go” solution, and a switchable EV battery doesn’t yet exist.
Unless otherwise noted, public electric vehicle charging stations are sometimes free. It depends on the network of charging stations you are charging from.
As far as charging your car at home, it will reduce your electricity bill. Fully charging a 60kWh car typically costs between $14 and $25, depending on the state you live in, Drive reports.
The Australian government plans to exempt some electric vehicles from the fringe benefit tax to make it easier for employers to buy them, and eliminate the 5% import duty on some models. It is also in the early stages of developing an electric vehicle strategy and plans to create a national highway for electric vehicle chargers.
Also, in Australia, so far, much of the enthusiasm for electric vehicles has come from state governments, which are offering incentives such as rebates and stamp duty exemptions to encourage the adoption of electric vehicles.
The question is not whether you should buy an electric car, but when you need it. EVs will eventually (hopefully) phase out petrol-powered vehicles, and while petrol-powered vehicles continue to dominate Australia’s roads, some automakers have promised to switch to all-electric vehicles in the near future.
Post time: Sep-03-2022