Used Teslas in Australia lost less value over the past year than other second-hand electric cars, according to Carma's Used Car Market Report: Spring Snapshot, released in mid-October with data to 6 October. Measured like for like, holding model, age and kilometres constant, a used Tesla was worth 4% less in September 2026 than a year earlier. Other used EVs fell 9.8%, about A$3,900 off a typical car, and used cars as a whole fell 6.5%.
The same-car figures rest on 10,290 used Teslas and 12,559 other used electric cars, all previously owned; dealer demonstrators are left out. Carma, a Sydney-based online used-car retailer, also writes that a used Model 3 was selling at around 54% of what it cost new.
The Model Y sold faster than any other used car
Between July and September, dealers' used cars took 85 days to sell on average. The Model Y took 48, the quickest of any model, and the Model 3 took 55.
| Fastest-selling used cars, Q3 2026 | Average days to sell | Typical price |
|---|---|---|
| 1. Tesla Model Y | 48 | A$42,200 |
| 2. Toyota Aurion | 52 | A$10,000 |
| 3. Honda Civic | 53 | A$18,000 |
| 7. Tesla Model 3 | 55 | A$38,200 |
| All dealer used cars | 85 | — |
Carma counts a listing removed from sale as a sale and takes the median asking price when the car left, so these are asking prices, not negotiated ones.
What a two- to three-year-old Tesla saves against new
| Model | Used, 2–3 years old | New, drive-away | Saving |
|---|---|---|---|
| Tesla Model 3 | A$46,910 | A$64,800 | A$17,890 (27.6%) |
| Tesla Model Y | A$47,411 | A$74,431 | A$27,020 (36.3%) |
Both use drive-away prices from July to September: used cars sold and new cars advertised in those months. They predate Tesla's 1 October line-up change in Australia, which added an entry-level Model 3 at A$45,990 before on-road costs. That is A$920 below the typical used price in the table, for a car with less equipment and with on-road costs still to pay.
Cheaper EVs are arriving, many never owned
The report also shows where cheaper EVs are coming from. EVs under A$35,000 made up 26% of the electric cars leaving the market in September, double the share a year earlier. Almost half of them were dealer demonstrators: 580 of 1,288. Carma also set aside 1,492 listings from Tesla's own stores that were removed in one batch on 9 April, treating them as new-car inventory rather than sales.
How it compares
Other used-Tesla data published this month measure something different. In the United States, iSeeCars found three Teslas among the five fastest-rising used cars, with the Model 3 up 15.4% against 9.8% for used EVs overall. In Britain, AA Cars put the average used Model 3 up 5.0% on the year and the Model Y down 2.0%. Both are average asking prices, which move with the mix of cars listed. Carma's same-car measure holds model, age and kilometres constant.