Manheim will hold its third electric vehicle-only auction later this month, with more than 30 EVs consigned from 12 major brands including Tesla, BYD, Audi, Hyundai, Volvo, and BMW.
The timed online BidNow auction runs from 8am on July 21 to 7pm AEST on July 24, and features a national spread of stock located in Sydney, Melbourne, Brisbane and Adelaide.
A total of 32 EVs have been consigned so far, many aged four years or under, and sourced from government departments, leasing and rental companies, financiers, and automotive OEMs. The lineup includes popular models such as the Tesla Model 3 and Model S, Hyundai Ioniq 5 and 6, Kia EV6, BYD Atto 3, and the Toyota bZ4x.
Manheim says EVs at auction continue to attract growing interest, with public EV sales up 270% year-on-year—albeit from a low base. With around 250,000 EVs now on Australian roads and many reaching the end of lease or fleet terms, the company is preparing for sustained growth in the category.
While electric vehicles are sold weekly across Manheim auctions, this type of dedicated event supported by targeted marketing is designed to draw in a wider pool of buyers, including the general public.
Many of the vehicles listed are eligible for fringe benefits tax (FBT)-exempt novated leases, provided they were first held and used after July 2022 and priced below the luxury car tax threshold.
EV buyers may also benefit from recent government-supported finance initiatives. The Federal Department of Climate Change, Energy, the Environment and Water has committed funding via the Clean Energy Finance Corporation (CEFC) to offer low-interest EV loans to essential workers and individuals earning less than $100,000 per year. This support applies to both new and used EVs up to $55,000 in value and includes finance for home charging equipment.
A full list of consigned vehicles includes models from Toyota, Hyundai, Genesis, Volvo, Tesla, Kia, BYD, Audi, BMW, Nissan, Mini, Jaguar, and Mercedes-Benz.
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