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News › Australia's fastest-selling used car is now an EV: the Tesla Model YNews · 4 November 2026

Australia's fastest-selling used car is now an EV: The Tesla Model Y

Why it matters: It's a reversal of the early worry that used EVs would be hard to sell.

Market

White Tesla Model Y parked outdoors
Photo: © M 93, CC BY-SA 3.0 de, via Wikimedia Commons. May show an overseas version.

A used Tesla Model Y now sells faster than any other used car in Australia. Carma's Spring 2026 Used Car Market Report puts the Model Y at an average of 48 days to sell in July to September, against 85 days for the average used car at a dealer. The Model 3 was seventh at 55 days. Across the whole used market, sales of used EVs rose 54.6% in the first half of 2026 while total used car sales fell 6.6%, according to AADA and AutoGrab figures reported by the NRMA, and the average time to sell a used EV dropped from more than 60 days in January to under 40 by June. MG, Kia and BYD sold the most used EVs after Tesla. Resale values are holding up best for Tesla: the same used Tesla lost about 4% of its value over the year to September, against 6.5% for all used cars and 9.8% for other used EVs.

Source: Zecar: Carma Used Car Market Report, Spring 2026 (31 Oct 2026)

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How we work it out, and our sources

Weekly cost = the car's energy use × 250 km × your electricity or fuel price, with 90% of charging at home. Prices are list prices at November 2026; check with the dealer.

  • Electricity: 2026–27 default rates (AER, Victorian Default Offer, state retailers). Public charging: Sydney network prices, July 2026.
  • Petrol and diesel: capital-city daily averages from state government price feeds, via FuelRadar, 12 November 2026. Diesel for Hobart, Canberra and Darwin is estimated from the national fall.
  • Cars: maker figures via CarExpert, Drive, CarsGuide and EV Central. Plug-in electric range is taken as 80% of the claim.
  • Servicing: published capped prices; marked as an estimate where not yet published (CarExpert comparison).
  • Tyres: an EV set lasts about 35,000 km, a petrol or hybrid set 50,000 km (RACV); prices from Gridly.
  • Home charger: about $2,000 installed ($1,000–$3,000). Novated leases: PwC summary.

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