Low-cost used EVs double market share in Australia as dealer demos flood sub $35,000 segment
By Eve
Used electric vehicles priced under $35,000 now represent 26 per cent of all used EV sales in Australia, up from 13 per cent a year earlier, according to Carma's October 2026 market report. In September 2026, 1,288 used EVs sold below that price point, with 580 being dealer demonstrator vehicles that had driven only a few hundred kilometres. Nearly 300 of those demos were MG4 models and over 100 were Geely EX2s, reflecting how manufacturer stock is reshaping the affordable used EV market.
Why it matters
A surge in low-cost used EVs, particularly dealer demos with minimal mileage, expands the pool of potential EV drivers and could accelerate demand for workplace and public charging infrastructure. Procurement teams and charge point operators should monitor this trend as it may shift usage patterns and create new site opportunities in suburban and regional areas where budget-conscious buyers are concentrated.
Source
- Original title
- “Low-cost used EVs have doubled in number over past year, and have driven a lot less than you think”
- Published
- 29 October 2026
In this story
- Topic
- Electric Vehicles
- Place
- Australia
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