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Tesla Model 3 used car 30% more expensive than a new car in Australia

RMCTeam by RMCTeam
August 2, 2022
in News, Tesla
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Buying Tesla shares may not be a wise choice for investors in the Australian market this year, but buying a Tesla car could be one of the most lucrative deals of the year. According to media reports, in this country far from the center of the electric car industry, a top-end Tesla Model 3 with only a few hundred miles of range could be listed for over 130,000 Australians within a few months of taking the car (about 130,000 Australian dollars $90,000), and the official base price of the car is just $91,600.

The reason behind it is not difficult to understand. In the context of delayed delivery, Australian users have to wait for up to 9 months from ordering a Tesla to picking up the car. Many impatient consumers began waving their cash just to get their hands on a car, even a used car that was more expensive than its original price.

The problem is not unique to Australia

According to Australia’s official website, a Tesla Model 3 with a top configuration of 90,000 Australian dollars is now booked, and the car will not be picked up until February-May 2023, but this problem is not exclusive to Australia, and the schedule in most markets is approaching. next year. In addition to the current delivery time in Singapore being only 1-2 months, consumers in China, the United States, Japan and other markets generally have to wait until the end of this year and early next year to mention the new car.

Under the combined influence of the impact of the new crown epidemic on the automobile supply chain, the combined effect of the Russian-Ukrainian conflict pushing up oil prices, and stimulating the demand for electric vehicles, many car companies are facing pressure to ensure delivery, and consumers’ patience is approaching the limit.

Kirstie Minifie, regional marketing director at Lloyds Auctions in Australia, said the situation is not limited to Tesla at the moment. “We’re telling sellers who might be considering selling their EVs, now is the time to do so,” Kirstie said. It’s not uncommon for used electric cars to fetch more than the official original price at the auction these days.

For the Australian market, the slow progress of electrification is also one of the reasons why it is currently “hard to find a car”. At present, new energy vehicles in Australia account for only 2% of all new car markets, far behind the major auto markets. The situation has also led carmakers to focus their efforts on promoting electric vehicles outside of Australia, leading to more serious price hikes caused by shortages.

Anthony Broese van Groenou, the co-founder of Good Car, an Australian car dealership that also sells new, used and imported electric vehicles, said the current market demand for electric vehicles far outstrips supply, with older models such as the Nissan Leaf also outpacing the two. There were price hikes a year ago, and it took a year for the Hyundai Ioniq 5 to go from preorder to delivery, and two years for Kia’s EV6.

If you like our news and you want to be the first to get notifications of the latest news, then follow us on Twitter and Facebook page and join our Telegram channel. Also, you can follow us on Google News for regular updates.

Source: Bloomberg
Tags: NewsTeslaTesla Model 3

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