RecommendationsThe Best EVs Under $40K
Going electric doesn't have to break the bank. Here are some of the best new EVs you can buy for under $40,000 right now. Check it out.
Sam Abuelsamid6 min read
Battery Electric
Specs
- MPGe
- 131
- Range
- 288 mi
- Seats
- 5
- Drivetrain
- All-Wheel Drive
- Fuel type
- Battery Electric
- Body style
- Crossover/SUV
Performance
- Total range (mi)
- 288
- Electric range (mi)
- 314
- Battery capacity (kWh)
- 74.7
- Time to charge at 240V (hrs)
- 8
- kWh per 100 miles
- 28.1
- Acceleration 0-60 mph (sec)
- 4.9
Affordability
- Starting MSRP
- $41,255
- Est. price
- $41,000
- Est. monthly payment*
- $725
- Energy cost per mile*
- $0.05
- Monthly fuel cost*
- $54
- Total monthly cost*
- $779
Sustainability
- Annual CO₂ emissions (tons)
- 0
- EPA smog rating
- 10
*Assumptions: 13,500 miles driven annually; 60 monthly payments; 6.63% interest rate for new vehicles; 11.38% interest rate for used vehicles; does not include incentive savings. Energy costs are $0.166/kWh and $4/gallon. Estimated vehicle prices are based on historical pricing data from Driveway.com and the manufacturer's suggested retail prices. Emissions, charge times and vehicle efficiency are based on EPA estimates. PHEVs assume 7% of driving on electricity and 93% on fuel.
