Used electric cars: what they cost in November 2026
A used Tesla Model 3 asks a median of $36,000 and a Model Y $44,500. The cheapest popular EV on the used market is the MG4, at about $28,000.
Used electric cars are still a small part of the market, but there are now enough of the popular models for sale to give a clear picture of what they cost. These are asking prices for used cars advertised in Australia in the second week of November 2026. Each figure is a median, rounded to the nearest $500, and near-new cars under 1,000 km are left out.
The four most common used EVs
| Model | For sale | Median price | Median km |
|---|---|---|---|
| Tesla Model 3 | about 180 | $36,000 | 55,000 |
| BYD Atto 3 | about 150 | $34,000 | 3,000 |
| Tesla Model Y | about 130 | $44,500 | 45,000 |
| MG4 | about 40 | $28,000 | 26,000 |
The Atto 3's low median odometer stands out. Many of the Atto 3s for sale are 2025 and 2026 cars with only a few thousand kilometres on them, so the used market for this model is still mostly young stock.
Tesla Model 3 by year
The Model 3 is the EV with the longest history here, so its prices show how an electric car ages.
| Built | Median price | Cars |
|---|---|---|
| 2019 | $30,000 | about 15 |
| 2020 | $34,000 | about 10 |
| 2021 | $34,000 | about 40 |
| 2022 | $36,000 | about 40 |
| 2023 | $38,000 | about 50 |
| 2024 | $52,000 | about 10 |
Prices from 2019 to 2023 sit close together: a 2019 car asks only $8,000 less than a 2023 one. The big step is to 2024, the first full year of the updated Model 3, which buyers clearly value more. Read more in our used review of the Model 3.
Tesla Model Y by year
| Built | Median price | Cars |
|---|---|---|
| 2022 | $38,500 | about 20 |
| 2023 | $44,500 | about 80 |
| 2024 | $48,000 | about 20 |
What it means for buyers
A three- to five-year-old Model 3 now asks about the same as a mid-sized petrol SUV of the same age. If you are shopping for a used EV, look at the battery warranty left on the car, as most run eight years from first registration, and ask for the service history.
Every model's figures, including newer EVs with fewer cars for sale, are in our price guides.
