In the world of electric vehicles (EVs), the market is abuzz with options, especially for those on a budget. With rising fuel prices and a war in the Middle East, the demand for EVs has skyrocketed, and the second-hand market is thriving. But with so many choices, it's crucial to know which models offer the best value and performance. Let's dive into the top picks for the best used electric cars under $40,000 in Australia, according to Drive.
The MG 4 Essence 64: A Brand-New Bargain
Personally, I think the MG 4 Essence 64 is a steal, especially for those who want a brand-new EV. The original MG 4 was already a fantastic car, but the new version takes it to the next level. With an LFP battery and an interior upgrade, it's a refreshing change from the used market. The $39,990 price tag is hard to beat, and the demo models are even more affordable. The Essence 64 is a small, practical, and fun-to-drive car, making it an excellent choice for city dwellers.
The Hyundai Venue: A Versatile SUV
The Hyundai Venue is a versatile SUV that offers a range of options under $40,000. With a 1.6L engine and FWD, it's an affordable and reliable choice. The Venue is perfect for those who want a small SUV for daily commutes. The $21,390 price tag is hard to ignore, and the various trim levels provide options for all budgets. However, I'd be cautious about the 2024 model, as it may not be as reliable as the newer ones.
The Lexus UX300e: A Quality Marque
The Lexus UX300e is a quality EV that stands out for its unobtrusive design and presentable appearance. While it may not be the most affordable used EV, its $40,000 price tag is justified by its quality and reliability. The UX300e is perfect for those who want a luxury EV for local shopping trips. Its 56,475km mileage is just a run-in, and the $40,000 price tag is a bargain for a Lexus.
The Kia EV6: A GT-Line Upgrade
The Kia EV6 is a great choice for those who want a used EV with a bit of extra features. The GT-Line specification is widely available on Drive Marketplace for about $5000 more, which is a small price to pay for powered seats, an electric tailgate, and heated front seats. The $40,000 price tag is justified by the EV6's reliability and performance. However, I'd be cautious about the pre-2026 models due to concerns about the Integrated Charging Control Unit (ICCU).
The BYD Atto 1: A Fun-to-Drive EV
The BYD Atto 1 is a fun-to-drive EV that strikes the right balance between affordability and usability. With a WLTP-certified driving range of up to 311km and a relatively small 43.2kWh battery, it's perfect for around-town commutes. The $27,990 price tag is a bargain, especially for a dealer demo with a few thousand kilometres on the clock. The Atto 1 is a great choice for those who want a second car that's both affordable and enjoyable to drive.
The Mini Cooper SE: A Unique EV
The Mini Cooper SE stands out for its unique design and electric powertrain. While its real-world range of around 200km may not be impressive, it's more than enough for daily commutes. The $40,000 price tag is justified by its entertaining driving experience and useful features in suburban environments. However, I'd be cautious about the black color, as it's not the preferred choice.
The Hyundai Ioniq 6: A Stylish Sedan
The Hyundai Ioniq 6 is a stylish sedan that offers a range of features under $40,000. With rear-wheel drive and a good range, it's a great choice for those who want a used EV with a bit of extra style. The $36,000 price tag is a bargain, especially for a sedan with low kilometres. The Ioniq 6 is a great choice for those who want a used EV that's both stylish and practical.
In conclusion, the market for used electric cars under $40,000 in Australia is thriving, and there are plenty of options to choose from. From the MG 4 Essence 64 to the Hyundai Ioniq 6, each car offers something unique. However, it's crucial to consider the reliability and performance of each model before making a purchase. With the right research and a bit of patience, you can find the perfect EV that fits your budget and lifestyle.