Looking to buy a new EV under $40k, which one ?
Hi everyone,
I recently posted over on r/CarsAustralia debating whether to stick with a premium ICE hatch (Mazda 3 Astina) or make the switch to an EV. After reviewing the feedback and doing numbers on running costs, my wife and I have come to the conclusion that jumping into an EV makes total sense for our situation.
We have a strict budget of $40,000 AUD and we want to buy brand new to secure full factory warranty piece of mind.
Our situation:
Commute: Pretty straightforward 30km total daily round-trip. Mostly flat city roads with surprisingly little stop-and-go traffic.
Charging: We live in a rental house in Perth, but we are lucky enough to have access to a standard 10A socket right in the garage, which should easily top up our daily usage overnight.
Body style: We firmly prefer hatchbacks or low-riding sedans over SUVs.
Financing: My wife has access to a Novated Lease, which seems highly attractive due to the FBT exemption on EVs in Australia. However, we are a bit cautious/concerned about the high interest rates/fees some leasing companies bake into the deals.
We've narrowed down the new car market under $40k to these specific models, and we’d love your real-world feedback on which one would be the smartest pick:
1 BYD Dolphin Premium
2 MG4 EV
3 GAC Aion UT.
4 GWM Ora
5 BYD Atto 1
Our questions:
1 which one will be a better choice ?
2 For those who went down the Novated Lease route recently—did the FBT savings fully outweigh the higher interest rates?
Would love to hear from owners of any of these models. Cheers!