Electric vehicle prices in Australia are retaining value longer than anticipated, defying expectations in a market where depreciation typically erodes resale worth. Analysts attribute this trend to the country’s high cost of living, which has made used EVs more appealing as affordable alternatives to new models. With demand for fuel-efficient vehicles remaining strong amid rising living expenses, buyers appear willing to pay a premium for well-maintained used electric cars. The shift suggests a growing recognition of long-term savings despite the upfront costs.
EVs are holding value better than expected – and it has a lot to do with Australia’s cost of living The Guardian
