Resale Value: How Australia Compares to Norway and the UK
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Buying & SellingMay 26, 20265 min read

Resale Value: How Australia Compares to Norway and the UK

Looking at mature EV markets gives us a crystal ball for Australian resale values. Here's what the data says.

Australia is about 5 years behind Norway in EV adoption. This gives us a unique advantage: we can predict our future by looking at their present.

The "Valley of Death"

In the UK and Norway, early EVs (2011-2015) saw steep depreciation due to small batteries and lack of thermal management. However, modern EVs (2018+) are holding value much better, often outperforming equivalent petrol cars.

The Battery Health Factor

In mature markets, a "Battery Health Certificate" is now standard for private sales. Listings without one sit unsold for weeks. We are starting to see this trend emerge in Australia, where buyers are becoming savvy about State of Health (SOH).

Prediction for Australia

As the used market floods with Model 3s and BYD Attos in 2025-2026, differentiation will key. Vehicles with verified battery health histories will command significant premiums over those without.

Electric vehicle on scenic road