← So you’re thinking of an EV?
Buying an EV
A practical guide for Victorian buyers
1. Your driving needs
- Daily distance Most people drive well under 100 km a day. Compare that with a car's real-world range, which is typically 10-30% below the official figure.
- Long trips If you regularly drive long distances, check that fast chargers exist along your routes.
- Towing and loads Towing can cut range by 30-50%. Check the car's towing rating if you need it.
- Climate Cold weather, extreme heat, high speeds and hilly terrain all reduce range.
2. Charging
- Home charging is the biggest factor in whether an EV works well. Most charging (often 80%+) happens at home overnight, and it's the cheapest option.
- Charging speeds
- Standard wall outlet: about 2-3 kW (slow, adds roughly 10-15 km of range per hour)
- Home wall charger (AC): about 7-11 kW (a full charge overnight)
- Public DC fast charging: 50-350 kW (typically 20-40 minutes for 10-80%)
- Renters and apartment dwellers Check whether you can install a charger, or whether workplace or nearby public charging is realistic.
- Connector compatibility Confirm the car's plug type matches the chargers you'll use.
- Charging networks Check coverage, reliability and pricing for the networks near you, since public charging costs can be several times higher than home charging.
3. Costs
- Purchase price EVs often cost more upfront, but the gap is narrowing.
- Running costs Electricity is usually cheaper per km than petrol or diesel, especially with off-peak or solar charging. Servicing is generally cheaper too, with no oil changes and fewer moving parts.
- Incentives Check current Victorian Government rebates, tax benefits, stamp duty or registration concessions, and any new road-user charges. These change often.
- Insurance Premiums can be higher because of repair costs, so get quotes first.
- Depreciation and resale Resale values for EVs are still volatile, and rapid technology change affects older models.
- Total cost of ownership Compare the full cost over 5-8 years, not just the sticker price.
4. Battery
- Warranty Look for 8 years or 160,000 km as a common standard, and check what capacity retention is guaranteed (often 70%).
- Degradation Modern batteries typically lose a few percent of capacity every few years, though this depends on use.
- Battery type LFP batteries tolerate frequent 100% charging and tend to last longer. NMC batteries offer more energy density and are usually best charged to about 80% for daily use.
- Replacement cost Out-of-warranty replacement can be expensive, so check the warranty terms carefully, especially for used cars.
5. Choosing a model
- Range vs. battery size A bigger battery costs more and weighs more, so match it to your needs rather than buying the maximum.
- Efficiency Check kWh per 100 km. A more efficient car costs less to run and charges faster in practice.
- Charging speed Peak charge rate and the shape of the charging curve matter more than headline numbers.
- Features to look for Heat pump (better winter efficiency), vehicle-to-load (V2L) or vehicle-to-home capability, and over-the-air updates.
- Safety ratings and software Check independent crash ratings and read owner reviews about the infotainment and app experience.
6. Buying new vs. used
- Used EVs can be good value, but ask for a battery state-of-health report, check the remaining warranty, and confirm the charging cable and accessories are included.
- Leasing and subscriptions can reduce risk if you're unsure about the technology, though the total cost may be higher.
7. Maintenance and support
- Servicing Check that service centres and qualified technicians are accessible near you.
- Tyres EVs are heavy and torquey, so tyres wear faster. Budget for replacements.
- Roadside assistance Confirm whether it covers EVs, including towing to a charger.
8. Environmental considerations
- Lifetime emissions EVs generally have lower lifetime emissions than petrol cars, even after accounting for battery manufacturing. The benefit depends on how clean your electricity grid is.
- Battery recycling and second life Systems are still developing, so it's worth asking the manufacturer about its end-of-life approach.
9. Pre-purchase checklist
Tip: Incentives, charging networks and model availability change quickly, so verify details with official Victorian Government and manufacturer sources before you commit.
