2025 might just be the perfect time to make the switch. Experts are predicting a big drop in second-hand EV prices, thanks to more lease returns and early adopters trading up for newer models (The Driven). On top of that, new EVs like the Volkswagen ID.4 and Hyundai Ioniq 6, amongst many other new models and brands from China, are about to hit Australian showrooms (CarExpert), giving buyers more choices than ever.
The city’s expanding charging network, combined with programs like the Victorian EV Subsidy, makes owning an EV more affordable and practical. Did you know the subsidy offers up to $3000 to help cover costs (Drive)? But here’s the catch—picking the right electric car, whether it’s brand-new or pre-owned, can feel a bit overwhelming.
So, should you go electric in 2025? What about second-hand EVs—are they any good? Don’t worry, we’ve got you covered! In this guide, we’ll walk you through everything you need to know, from the pros and cons to the best models hitting the market, so you can make the smartest choice.
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Why 2025 is a Big Year for Electric Cars
More Affordable Second-Hand EVs
Good news: the second-hand EV market is booming. Prices are expected to drop significantly by 2025 as more lease returns hit the market (The Driven). This means you’ll find popular models like the Tesla Model 3, Nissan Leaf, and even the BYD Atto 3 at much lower prices than today.
Exciting New Models Arriving
Manufacturers are stepping up with more options for every budget. According to CarExpert, 2025 will see the arrival of EVs like the Volkswagen ID.4 and the Hyundai Ioniq 6—perfect for those wanting the latest tech and style. If you’re in the market for something more affordable, keep an eye on BYD, whose Dolphin and Atto 3 models are already making waves.
Better Incentives and Charging Networks
Melbourne is leading the charge (pun intended) with its growing EV infrastructure. Programs like the Victorian EV Subsidy offer financial support to help buyers with up to $3000 for eligible vehicles (Drive). Combine that with the expanding network of fast chargers, and owning an EV in 2025 becomes much easier and cheaper.
Should You Buy an Electric Car in 2025?
For starters, the cost savings are hard to ignore. EVs eliminate the need for petrol, which means no more trips to the pump, and they require less maintenance since they lack components like oil filters and spark plugs.
Advancements in battery technology are addressing earlier concerns about range and charging times. Models in 2025 will feature longer ranges, faster charging capabilities, and high-tech safety features that make driving safer and more convenient.
EVs still come with a higher upfront cost compared to traditional petrol or diesel vehicles, although this is gradually improving. Charging infrastructure is expanding, but in some rural or remote areas, access to public chargers may still be limited, requiring careful planning for longer trips.
For those considering second-hand EVs, battery health is the most important factor. Over time, EV batteries naturally degrade, which can impact the car’s range and overall performance.
On average, this degradation happens at a slow rate. Ultimately, whether you decide to buy an electric car in 2025 depends on your budget, driving habits, and access to charging facilities, but it’s clear that EVs are becoming an increasingly practical option for many Australians.
Read also: How Long does Car Battery last?
Second-Hand Electric Cars in 2025
The second-hand EV market will be more affordable in 2025 due to increased supply from lease returns and upgrades. Models like the Nissan Leaf, Hyundai Ioniq Electric, and Tesla Model 3 will be available at lower prices, making EV ownership more accessible.
Battery health is the main factor to check when buying a used EV, as it affects range and performance. Ask for a battery report or use diagnostic tools to confirm its condition. Service records are also important to ensure the car has been well-maintained. With a growing selection and careful checks, second-hand EVs in 2025 will be a great way to own an electric car at a lower cost.
Cheapest Second-Hand EVs in 2025
The Driven said that EV depreciation trends will make 2025 a buyer's market for used electric cars. Models like the Nissan Leaf and Tesla Model 3, which have been on the market for several years, are projected to see price drops of 20–30% compared to current second-hand values.
Along with the slowing take-up of new vehicles, this has seen manufacturers like MG and Tesla, offer significant (and sometimes frequent) price reductions of new cars. Ultimately this will definitely hurt the used vehicle and EV market, since a new 2024 or 2025 version, can be thousands less than the same car sold new only months ago.
Here are some of the cheapest second-hand EVs expected in 2025:
BYD Atto 3: Known for its competitive pricing and reliability, this model is expected to be widely available in Melbourne’s used car market.
Nissan Leaf: One of the earliest mainstream EVs, the Leaf is already popular in the second-hand market and will remain a cost-effective choice.
Hyundai Kona Electric: Offers a balance of range, performance, and affordability, making it an excellent option for budget-conscious buyers.
Where to Look for EV Deals
Second-hand electric cars in 2025 can be found at local dealerships, many of which now offer pre-owned EVs. Online platforms like Carsales and Gumtree list second-hand electric cars in Melbourne and other cities, allowing buyers to compare prices and features quickly.
Certified pre-owned programs from brands like Tesla and Hyundai are another option, providing inspected vehicles with warranties. These sources offer reliable ways to find a second-hand EV that fits your needs.
Insurance- be aware of the potentially higher insurance premiums on EV’s as the damage claims covered by insurance companies are often much higher, and due to the potential for battery pack damage (not always immediately evident), some insurance companies are ‘writing off’ cars for some damage that would still see a normal ICE vehicle repairable. As such, the risk for insurers is higher and this needs to be passed on in the form of higher premiums.
Technology – EV’s are constantly being upgraded with regards to; cost of manyfacturing, battery type and life, charging capacity and speed, design and interior features and functions. As such, very much like ‘smart phones’, EV’s are quickly outdated by ;better, cheaper, newer, faster etc models, thus driving down the demand for ‘old’ used EV’s that may be approaching the end of their warranties or battery warranty.
Conclusion
Second-hand electric cars in 2025 offer a practical option for buyers seeking affordability and sustainable driving. With a wide range of models entering the used market, careful evaluation of the vehicle’s condition is key. Battery health, service history, and a thorough inspection are vital steps before making a purchase.
If you’re in Melbourne and considering purchasing a used EV, don’t take chances. Book a professional vehicle inspection to ensure the car you’re buying is in top condition, especially the battery and electrical systems. A thorough inspection can help you avoid unexpected repair costs and give you peace of mind about your purchase.