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Second-hand upside down, Australia's second-hand Tesla Model 3 sells for 41% more than new car

  • linda
  • 2022-08-02 16:24:17
  • 168 read
Used electric vehicles are very popular in Australia. The price of the used tesla.us model 3, which has only be...

Second-hand upside down, Australia's second-hand Tesla Model 3 sells for 41% more than new car

Used electric vehicles are very popular in Australia. The price of the used tesla.us model 3, which has only been purchased for a few months and has driven hundreds of miles, is about 130000 Australian dollars (91000 US dollars) or even higher, more than a third higher than the price of the new car. The reason for the price inversion is that the delivery time of Tesla's new car is very long in Australia, up to nine months, which makes buyers impatient and prefer to pay a high price for used cars.

According to Tesla's official website, if a top model 3 performance worth 91600 Australian dollars (64200 US dollars) is ordered in Sydney today, the delivery time will be from February to may 2023, which is longer than that of the United States, Japan and Germany, while buyers in Singapore may only need to wait four weeks.

At the same time, according to the data of the website carsales.com, several sellers across Australia now sell the same car that has hardly been used at a price of 130000 to 138000 Australian dollars.

Although the price of used Tesla has also risen in major markets such as the United States, the price distortion is particularly serious in Australia, where electric vehicles have lagged behind for a long time.

It is understood that electric vehicles account for only 2% of all new car sales in Australia. In the fourth quarter of 2021, the purchase rate of electric vehicles in the country was far below the global average of 13%.

Even before the global supply chain was blocked, the penetration rate of electric vehicles in Australia was relatively low, which made major automakers give priority to meeting the supply of new vehicles in other countries. Charging stations are still new in Australia and can be used free of charge in many public places.

Now, as demand rises, these factors push up the price of used electric vehicles.

At good car company, an Australian auto sales company, customers' demand for electric vehicles far exceeds supply. Anthony broese van groenou, its co-founder, said that the waiting time for some models could be as long as two years.

He also said that even old electric cars such as Nissan LEAF cost more than two years ago. Hyundai Eni krypton 5 may need to wait 12 months from order to delivery, while Kia EV6 needs to wait two years.


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