Cheap EV Cars

April 11, 2024

cheap ev cars

Buying an electric car doesn’t have to cost an arm and a leg. Cheap ev cars come in all shapes and sizes, and they’re packed with the latest technology. Some are even surprisingly spacious, making them perfect for family road trips. These affordable EVs may not offer the high-tech interiors and advanced safety features of pricier models, but they still provide excellent value.

Prices start in the low $20,000s for a Nissan Leaf or Chevrolet Bolt EV and go up to more than $170,000 for an ultraluxurious Lucid Air, with most falling somewhere in between. Keep in mind that those numbers don’t take into account federal clean vehicle tax credits, which can save you up to $7,500.

Affordable and Eco-Friendly: Cheap EV Cars

When shopping for an affordable EV, you’ll want to consider the total ownership costs as well as energy costs. EVs vary in efficiency, which is measured by the number of kilowatt-hours used per 100 miles. A higher kWh/100 miles rating means more costly electricity, so a lower one is better.

It’s also important to factor in other operating expenses, including insurance rates and maintenance costs. Keep in mind that EVs typically need fewer mechanical parts than gas-powered vehicles, which can lead to lower repair bills and lower ownership costs overall. Additionally, options and upgrades like large wheels can add to the sticker price and reduce an EV’s fuel economy, so be sure to leave some wiggle room in your budget for unexpected expenses.