For many people, the certain savings on gas and maintenance got them first thinking about an electric car. However, with some models, the upfront cost can appear daunting. However, as both competition and technology improve, there are now plenty of models with comparable pricing to gas-powered vehicles. In addition, electric vehicles and plug-in hybrids may be eligible for a federal tax credit or other incentives, thus further lowering your total cost. Here, we provide the cheapest electric cars on the market for 2020.
Hyundai Ioniq EV
Value is easy to find in a Hyundai Ioniq EV. It’s got plenty of trunk space, provides an economical and comfortable ride, and comes standard with features like Apple CarPlay® and Android Auto™ to enhance the driver experience.
MSRP starts from $33,045.
Driving a Nissan LEAF will seem like a great deal when you experience the comfortable ride and quick acceleration in this electric vehicle. The 2020 LEAF also comes standard with the Nissan Safety Shield® 360 suite of safety features.
MSRP starts from $31,500.
Luxury is the name of the game with this Volkswagen electric entry. It’s a great value and many drivers comment on how this electric car has the feel of a gas-powered engine.
MSRP starts from $31,895.
Do you prioritize a spacious ride, athletic handling, and a fun driving experience? If you do, the Chevrolet Bolt might be the right value in an electric car for your needs.
MSRP starts from $36,620.
Hyundai Kona EV
While this electric car is fairly new, it packs plenty of value in with a thrilling driving experience. Many customers mention that they like the precise steering and agile handling of the Kona Electric.
MSRP starts from $37,190.
All the Ways Green Cars Can Save You Money
Drivers who are interested in saving on their purchase or lease of an electric car should also check out our guide to vehicle rebates offered at both the federal and state level. We’re happy to help you find an EV that not only meets your budget but your other needs as well.