Electric vehicles (EVs) are becoming increasingly popular in Australia, driven by rising fuel prices and a war in the Middle East. This shift towards EVs has created a growing second-hand market, making it easier for budget-conscious buyers to get into the EV world. Here's a breakdown of some of the best used electric cars under $40,000, according to Drive:
The Affordable and Fun-to-Drive BYD Atto 1
Tung Nguyen, a seasoned automotive journalist, recommends the BYD Atto 1 as a second car. The Atto 1 Premium offers a WLTP-certified driving range of up to 311km, making it suitable for daily commutes. Its relatively small 43.2kWh battery allows for quick charging with a traditional household socket. What sets the Atto 1 apart is its fun-to-drive nature, reminiscent of a Kia Picanto but with electric power. The dealer demo version, with a few thousand kilometres on the clock, can be had for less than the recommended retail price, making it an attractive option for those seeking an affordable and usable EV.
The Practical and Improved MG 4 Essence 64
Alex Misoyannis, News Editor, suggests the brand-new 2026 MG 4 Essence 64 as a budget-friendly choice. The original MG 4 was already a great car, but the new version takes it to the next level with an interior upgrade, an LFP battery, and other quality-of-life enhancements. The $39,990 drive-away price makes it an appealing option for those wanting a new EV without breaking the bank.
The Unobtrusive and Presentable Lexus UX300e
Andy Enright, Road Test Editor, acknowledges that the Lexus UX300e might not be the most affordable used EV under $40,000, but it's a practical choice. The UX300e is unobtrusive, presentable in various social situations, and has a sleek design. With its low mileage and the reliability of the Lexus brand, it's a vehicle that Enright would consider for local shopping trips, offering a balance of quality and practicality.
The Versatile and Stylish Hyundai Ioniq 6
Kat Fisk, Senior Journalist, recommends the Hyundai Ioniq 6, a hatchback or sedan with a good range, low kilometres, and rear-wheel drive. The Ioniq 6's styling is a standout feature, and Fisk is confident it can accommodate child seats. The $36,000 drive-away price makes it an attractive option for those seeking a stylish and versatile EV.
The Instant Power and Entertainment Mini Cooper SE
Tom Fraser, Production Editor, highlights the Mini Cooper SE for its instant power and entertaining driving experience. While its real-world range of around 200km might not be impressive by today's standards, it's more than sufficient for daily commutes. The unique stripes along the bonnet and a white roof make it a standout choice, even if black is not the preferred colour.
In summary, these used electric cars offer a range of options for budget-conscious buyers, each with its own unique strengths. Whether it's the fun-to-drive BYD Atto 1, the improved MG 4 Essence 64, the practical Lexus UX300e, the stylish Hyundai Ioniq 6, or the entertaining Mini Cooper SE, these EVs provide a sustainable and enjoyable driving experience without compromising on affordability.