Which EV?

Budget-Friendly EVs: The Best Affordable Electric Cars Right Now

We recently came across an article on Cars.com that caught our attention, and we knew we had to highlight it. While government incentives for EVs may be shifting, that doesn’t mean it’s time to give up on going electric. In fact, EVs are getting more affordable, and there are still plenty of reasons to make the switch—lower fuel costs, reduced maintenance, and, of course, a cleaner planet. So, if you’ve been thinking about an EV but worried about the price tag, here’s a list of the most budget-friendly options available today.

Why Go Cheap on an EV?

Let’s be real—EVs still have a reputation for being pricey, but that’s changing fast. Federal tax credits, state incentives, and falling battery costs mean you can get an electric car for around the same price as a traditional gas-powered vehicle. Plus, you’ll save on fuel and maintenance in the long run. Lower upfront cost + lower running costs = smart money move.

The 11 Cheapest EVs You Can Buy

According to Cars.com, these are the most budget-friendly EVs on the market right now. Let’s break them down.

1. Nissan Leaf ($28,140)

The OG budget-friendly EV, the Nissan Leaf remains one of the best deals out there. With up to 212 miles of range and a solid track record, it’s a practical pick for city dwellers and commuters.

2. Chevrolet Bolt EV ($26,500)

With an EPA-estimated range of 259 miles, the Chevy Bolt gives you a lot of bang for your buck. It’s affordable, fun to drive, and eligible for the federal tax credit.

3. Chevrolet Bolt EUV ($27,800)

The Bolt EUV is like the Bolt EV but with a little more room. It offers the same great range and affordability while giving you an SUV-like feel.

4. Mini Cooper SE Hardtop ($30,750)

Want an EV with personality? The Mini Cooper SE has that iconic Mini look, a peppy drive, and a respectable 114-mile range. Perfect for urban adventures.

5. Hyundai Kona Electric ($33,550)

Hyundai is bringing the heat with the Kona Electric, which boasts 258 miles of range and a spacious interior. It’s an excellent blend of practicality and affordability.

6. Mazda MX-30 ($34,110)

The MX-30 is Mazda’s first EV, and while its range is limited to just 100 miles, it’s a stylish, well-built option for those who don’t need to travel far.

7. Hyundai Ioniq 5 ($41,450)

A game-changer in the EV world, the Ioniq 5 offers a futuristic design, 303 miles of range (in RWD form), and ultra-fast charging. It’s a little pricier, but you get a lot for your money.

8. Volkswagen ID.4 ($38,995)

VW’s first mass-market EV in the U.S. combines practicality and a spacious interior with up to 275 miles of range.

9. Kia Niro EV ($39,450)

A well-rounded choice, the Niro EV delivers 253 miles of range and a comfortable ride with Kia’s signature tech-friendly interior.

10. Ford Mustang Mach-E ($42,995)

If you want an EV with some muscle, the Mach-E brings Mustang-inspired performance and up to 312 miles of range.

11. Tesla Model 3 ($40,240)

The Model 3 is Tesla’s most affordable EV, and despite the price creeping up over the years, it still offers a sleek design, fast charging, and a range of up to 358 miles.

How to Get the Best Deal on an EV

Want to maximize your savings? Here are some pro tips:

Check for Tax Credits: Many of these EVs qualify for the $7,500 federal tax credit, plus additional state incentives.
Look for Dealer Discounts: Some dealerships offer rebates or price cuts on EVs.
Consider Used EVs: The used EV market is growing, and you can find great deals on models from the last few years.
Compare Charging Costs: Home charging is usually cheaper than public charging, so factor that into your budget.

Final Thoughts

Affordable EVs are here, and they’re only getting better. Whether you want something compact for city life or a more spacious SUV-style EV, there’s a budget-friendly option waiting for you. And with tax credits and incentives still in play, now is a great time to make the switch.

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