EVs Under $60K Finding a quality electric vehicle (EV) in Australia doesn’t necessarily require breaking the bank. As more Aussies embrace the electric revolution, the second-hand EV market has blossomed into a treasure trove of opportunities. Whether you’re concerned about rising petrol costs, keen to reduce your carbon footprint, or simply eager to experience the cutting-edge technology that EVs offer, there’s never been a better time to shop around.
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I’ve spent countless hours researching, test-driving, and consulting with mechanics and EV enthusiasts to compile this comprehensive guide to the best used electric cars available in Australia for under $60,000. While new EVs might still command premium prices, the used market offers surprising value for the savvy shopper.
Why Consider a Used Electric Vehicle?
Before diving into specific models, let’s address the elephant in the room – why buy used when new EVs are constantly hitting the market?
The answer is multifaceted. First and foremost, depreciation hits luxury and technology items particularly hard, and EVs check both boxes. A nearly-new electric car often sells for significantly less than its original sticker price, sometimes shedding 20-30% of its value within the first two years. This depreciation isn’t necessarily reflective of the vehicle’s quality or remaining lifespan.
For the budget-conscious buyer aiming to spend under $60K, the used market opens doors to premium models that would otherwise be financially out of reach. You’re essentially letting someone else take the depreciation hit while you reap the benefits of cutting-edge technology.
Additionally, many used EVs still carry the remainder of their manufacturer’s warranty, particularly the all-important battery warranty, which typically extends to 8 years or more. This provides considerable peace of mind regarding the most expensive component of an electric vehicle.
The Myth of Battery Degradation
One common concern when purchasing a used EV is battery degradation. While it’s true that EV batteries gradually lose capacity over time, the rate of degradation has proven to be far less dramatic than initially feared.
Most modern EVs lose only about 2-3% of their battery capacity annually under normal usage conditions. This means a three-year-old EV will typically retain 90-94% of its original range capability. Battery management systems have become increasingly sophisticated, with thermal management and charging safeguards that significantly extend battery life.
When inspecting a used EV, request the battery health report, which most dealers can provide. A good rule of thumb: if the battery still holds more than 85% of its original capacity, it should provide many years of reliable service.
Top Picks Under $60,000
Hyundai Kona Electric
The Kona Electric has quickly established itself as one of Australia’s most practical and affordable electric vehicles. On the used market, you can find 2019-2021 models comfortably under the $60K mark – often around $42,000-$48,000 depending on trim and condition.
What makes the Kona stand out is its impressive real-world range of approximately 450km (for the 64kWh battery version), which easily handles intercity travel. The cabin, while not overly spacious, offers comfortable seating and intuitive controls. Its compact dimensions make it perfect for urban environments where parking can be a challenge.
The Kona Electric delivers spirited performance with instant torque that makes zipping through traffic a breeze. Its regenerative braking system is among the most intuitive I’ve tested, allowing for one-pedal driving once you’ve adjusted to it.
Look for examples with the optional heat pump system if you live in colder regions, as this significantly improves winter range efficiency by reducing battery drain for heating.
Tesla Model 3 (Standard Range Plus)
Yes, it’s possible to find a Tesla Model 3 under the $60K threshold if you’re willing to shop around. The Standard Range Plus variant from 2019-2020 occasionally appears in this price bracket, especially as original owners upgrade to newer models.
The Model 3 offers a driving experience that’s hard to match at this price point. Tesla’s minimalist interior centered around the 15-inch touchscreen initially feels foreign but quickly becomes intuitive. The over-the-air updates mean your car actually improves over time – something few other manufacturers can match.
With a real-world range of approximately 350-380km, it’s more than adequate for daily use and occasional longer trips. Tesla’s Supercharger network, while not as critical as it once was thanks to expanding third-party infrastructure, still offers convenience for longer journeys.
When shopping for a used Model 3, pay particular attention to the build date. Early Australian-delivered examples sometimes suffered from quality control issues that were largely resolved in later production runs.
Nissan Leaf e+
The second-generation Leaf, particularly the extended-range e+ variant, offers tremendous value on the used market. Typically available between $35,000-$45,000 for 2019-2021 models, the Leaf e+ brings a substantial 62kWh battery that delivers around 385km of real-world range.
What the Leaf lacks in cutting-edge styling it makes up for in practical, user-friendly design. The boot space is genuinely useful at 405 liters, and the rear seats offer adequate room for adult passengers. The e-Pedal regenerative braking system is brilliantly executed, making city driving less fatiguing.
One important consideration with the Leaf is its CHAdeMO charging port, which is becoming less common as most new EVs adopt the CCS standard. While adapters are available, it’s worth checking that your regular charging locations support this standard.
The Leaf’s battery lacks active thermal management, which is worth bearing in mind if you live in extremely hot regions or plan to do frequent rapid charging. For most Australian drivers, however, this won’t pose significant issues with normal use.
MG ZS EV
For those seeking maximum value, the MG ZS EV is worth serious consideration. Available on the used market for as little as $30,000-$38,000 for 2020-2021 models, it represents perhaps the most affordable entry point into EV ownership without compromising too heavily on quality or features.
The 44.5kWh battery delivers a modest but usable 220-240km of real-world range, making it ideal for urban dwellers who rarely venture beyond the city limits. While this range might seem limited compared to other options, it’s important to remember that the average Australian drives less than 40km per day.
Inside, the ZS EV offers surprising spaciousness with a cabin that comfortably accommodates five adults and a generous 448-liter boot. The technology package includes an 8-inch touchscreen with Apple CarPlay and Android Auto compatibility, a panoramic sunroof, and a comprehensive suite of driver assistance features.
MG’s seven-year warranty transfers to subsequent owners, meaning even a two or three-year-old example still carries substantial manufacturer coverage – a significant advantage in the used market.
BMW i3
For those prioritizing distinctive styling and premium feel over maximum range, the BMW i3 presents a compelling option. These quirky vehicles have depreciated significantly, with 2018-2020 models now available between $35,000-$50,000 depending on specification and the inclusion of the range extender option.
The i3’s carbon fiber reinforced plastic passenger cell and aluminum chassis make it surprisingly light for an EV, contributing to nimble handling and reasonable efficiency despite the relatively small battery. Later models with the 42.2kWh battery offer around 260km of real-world range, while earlier versions manage closer to 200km.
The interior remains one of the most innovative and premium-feeling cabins of any vehicle in this price range. The sustainable materials and thoughtful design touches remind you that you’re driving something special every time you climb aboard.
The rear-hinged doors and compact dimensions make it ideal for city living, though the limited rear seat space and modest boot mean it’s best suited to individuals or couples rather than families.
What to Check When Buying a Used EV
Battery Health
Undoubtedly the most critical factor when purchasing a used EV is battery health. Request the battery health report, which dealers can typically provide. Most modern EVs have sophisticated battery management systems that can report the current capacity as a percentage of the original.
For vehicles without built-in reporting, arrange for a pre-purchase inspection by a mechanic familiar with EVs who can perform diagnostic checks. Alternatively, there are third-party apps compatible with certain models that can provide this information.
As a rough guide, look for:
3-year-old EV: 90% or higher capacity remaining
5-year-old EV: 85% or higher capacity remaining
Charging Equipment
Confirm what charging equipment comes with the vehicle. Ideally, you want the original manufacturer-supplied portable charger at minimum. If the vehicle has a Type 2 inlet (most European and Asian EVs), check whether a Type 2 cable is included for public charging stations.
Also verify whether any home charging infrastructure installed by the previous owner might be negotiable as part of the sale.
Service History
Electric vehicles require less maintenance than their combustion counterparts, but regular servicing remains important for brakes, suspension, and cooling systems. A complete service history indicates a conscientious owner and potentially reduces future issues.
Software Updates
For models that receive over-the-air updates (like Tesla) or dealer updates (most other brands), check that the vehicle is running the latest software version. Outdated software could mean missing out on range improvements, feature enhancements, or even safety updates.
Tire Condition
EVs’ instant torque and typically heavier weight can accelerate tire wear. Budget for replacement tires if the current set shows significant wear, as replacing all four tires on an EV can cost $800-$2,000 depending on the model and tire quality.
Planning for Charging Infrastructure
Before finalizing your used EV purchase, consider your charging situation carefully. While occasional use of public fast chargers is convenient, having home charging capabilities transforms the ownership experience.
For apartment dwellers, check whether your building offers charging facilities or would permit installation. For homeowners, budget approximately $1,000-$2,500 for a wall-mounted charger installation, depending on your electrical setup and chosen equipment.
A 7kW home charger will replenish even the largest batteries on our recommended models overnight, making daily charging as simple as plugging in when you arrive home – much like charging a mobile phone.
The Real-World Economics
One of the most compelling reasons to consider a used EV is the potential for significant operational savings. With electricity prices around 25-30 cents per kWh in most parts of Australia, fully charging a 60kWh battery costs approximately $15-$18, delivering 350-450km of range depending on the model.
The equivalent distance in a petrol vehicle might cost $60-$80 at current fuel prices. For the average Australian driving 15,000km annually, this represents potential savings of $2,000-$3,000 per year on fuel alone.
Maintenance savings compound this advantage. With no oil changes, fewer brake replacements thanks to regenerative braking, and far fewer moving parts to wear out, service costs typically run 30-40% lower than comparable combustion vehicles.
EVs Under $60K
The used EV market in Australia has matured significantly over the past few years, offering exceptional value for buyers willing to do their research. While range anxiety and charging infrastructure remain considerations, they’re rapidly becoming non-issues for most urban and suburban drivers.
For under $60,000, you can now drive a sophisticated, zero-emission vehicle that delivers performance and technology that was reserved for luxury cars just a few years ago. As Australia continues its gradual transition toward electrification, early adopters entering via the used market may find themselves ahead of the curve both technologically and financially.
Whether you prioritize maximum range, premium features, or outright value, there’s likely a used electric vehicle that fits both your needs and budget. The electric revolution isn’t coming – for the savvy used car buyer, it’s already here.
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