Electric cars have got us all talking, and they’re definitely not a passing fad either. The NSW Electric Vehicle Strategy that sets out to increase EV sales to 52% by 2030–31 and achieve net-zero emissions by 2050 means they’re here to stay. So if you’re one of the many drivers across the world seeing the sustainability impact, lower maintenance and running costs, and asking ‘Should I buy an electric car?’ We’ve got a guide to everything you need to know about buying and owning used electric cars for you.
What we know so far … and what’s coming soon
Electric cars are changing our roads and how we live for the better. What’s more exciting is that there’s even more to come with new models, tax incentives, and charging network developments.
EV models
Let’s start with the fun part – what’s available to buy in the Australian EV market today. While Tesla cars are currently leading the EV market by far, there are plenty of electric cars worth more than just a look. As an EV buyer in Australia, you have more than 60 models to explore, from electric SUVs and performance cars, to electric vans and utes. You can also choose to go with a plug-in hybrid (PHEV) if you don’t want to go full pure EV. At Carma, we’ve had 244 used electric cars for sale in the last 12 months alone. These options will only continue to expand as many more EVs make their ways to our shores. What’s currently available and coming soon only signals towards a future where EVs replace traditional petrol and diesel cars. Manufacturers are making updates across their cars, addressing concerns like battery range, price points, and design.
On what’s offered today in the EV space, our Director of Buying Peter Willis has a few thoughts: “Newer, flashier manufacturers like Tesla make electric cars that feel futuristic and offer a unique driving experience,” he says, “Meanwhile, we’re also seeing developments from established brands like Hyundai and BMW taking a lot of their experience in internal combustion engine cars into making electric passenger cars that appeal to consumers that they already cater to.”
With that said, features like regenerative braking, front boots, and silent take-offs will always be things that are unique to the EV experience. What that all means is, as the EV market continues to expand, it will get you more and more great used EV options to choose from.
Tax incentives
Another thing that makes switching to EVs so enticing are the tax reforms and incentives that make it cheaper and easier to buy and own an EV in NSW. Stamp duty refunds, electric vehicle rebates, and funding towards vehicle electrification helps many buyers overcome the steep upfront costs. $3,000 rebates are offered on eligible new EV purchases with a dutiable value up to $68,750, and 6,203 of the 25,000 rebates have already been paid out as of 31st March 2023. These incentives get you a lot closer to enjoying lower maintenance and servicing costs, low emissions, and advanced tech in your daily life.
Charging infrastructure
Along with tax incentives towards EV ownership, another part of the government’s efforts is growing the charging network across the country. Commuter EV charging, kerbside parking, destination charging, and fast charging infrastructure are all in development with government funding and a partnership with NRMA. With a widespread charging network, concerns like range anxiety will effectively be a thing of the past. EV drivers can be confident to drive their cars whenever and wherever they need to go.
