Contrary to popular belief, there are several electric cars under or near the average new car price. Per Motor 1, the average new car in the U.S. hit an all-time high last year of $34,000. After considering the federal electric vehicle (EV) tax credit, there are over 25 electric cars near the $34,000 price point. Specifically, 2020 will bring 9 of them. Include any additional incentives such as state, local, utility, or air district rebates and the number of affordable electric cars increases further.
Despite this, many car shoppers do not wish to spend more than $30,000 on a car or want to buy used regardless of price. For individuals looking to find a budget-friendly car, the used market is the place to search. Fortunately, the used EV market is just as competitive as the new market. In this article, I will summarize popular used electric cars under $25,000.
Popular Used Electric Cars Under $25,000:
1. Chevy Volt
Segment: Hatchback
Year: 2011-2017
Range: 35-53 miles electric/300+ miles gas
MPGe (electric mode): 93-106
Seating: 4-5
EV Type: PHEV (Plug-in Hybrid Electric Vehicle)
Low Price: $4,000
2. Nissan Leaf
Segment: Hatchback
Year: 2011-2019
Range: 73-150 miles
MPGe: 102-126
Seating: 5
EV Type: BEV (Battery Electric Vehicle or “all-electric”)
Low Price: $6,000
3. BMW i3 REX
Segment: Hatchback
Year: 2014-2017
Range: 72-97 miles electric/78-83 miles gas
MPGe (electric mode): 109-117
Seating: 4
EV Type: PHEV (Plug-in Hybrid Electric Vehicle)
Low Price: $11,000
4. Toyota Prius Prime
Segment: Hatchback
Year: 2017-2018
Range: 25 miles electric/550+ miles gas
MPGe (electric mode): 133
Seating: 5
EV Type: PHEV (Plug-in Hybrid Electric Vehicle)
Low Price: $17,000
5. Chevy Bolt
Segment: Hatchback
Year: 2017-2018
Range: 238 miles
MPGe: 133
Seating: 5
EV Type: BEV (Battery Electric Vehicle or “all-electric”)
Low Price: $17,000
6. Volkswagen e-Golf
Segment: Hatchback
Year: 2011-2019
Range: 83-125 miles
MPGe: 115-120
Seating: 5
EV Type: BEV (Battery Electric Vehicle or “all-electric”)