Introduction:
Now you too can buy electric vehicles. It’s now myth that the electric cars are only for the very rich people. Think once again.
In February,2023, the average U.S non-luxury cars including both gas and electric were retailed for about $44,700. Even though there are at least 10 electric cars that cost less than that price and even three electric cars are under $30,000.
The Federal, state and local rebates and incentives can also help to reduce thousands of dollars in electric vehicles buying price.
Even the leasing of an electric vehicle can make you eligible for a greater federal tax rebate than buying that EV.
Here are the 10 cheapest electric vehicles to buy in your budget:
- Chevrolet Bolt:
- Price: $27495
- Federal Tax Benefit: $7500 Fedral Tax Credit
- Estimated Rang: 259 Miles
- Fun to Drive with great range.
2. Chevrolet Bolt EUV:
- Price: $28795
- Seating Capacity: For Five
- Federal Tax Benefit: $7500 fedral Tax Credit
- Estimated Rang: 247 Miles
- Larger version of GM’s original Chevy Bolt.
3. Nissan Leaf S:
- Price: $29135
- Estimated Rang: 149 Miles
- Leaf S is a great option for those who drives shorter distances and charge primarily at home.
4. Mini Electric Hard Top:
- Price: $31895
- Estimated Rang: 114 Miles
- A Zippy import, the Mini Electric gets agile handling and quick acceleration.
5. Hyundai Kona Electric:
- Price: $34885
- Estimated Rang: 258 Miles
- One of the best electric vehicle under $50,000
6. Nissan Leaf SV Plus:
- Price: $37135
- Estimated Rang: 212 Miles
- Second generation Leaf gets high marks for safety and its practicality from the consumers.
7. Volkswagen ID.4 Standard:
- Price: $40290
- Estimated Rang: 209 Miles
- Offers Ample cargo space and three years of electrify charging at America’s fast charging Network.
8. Kia Niro EV Wind:
- Price: $40875
- Estimated Rang: 253 Miles
- Comes with driver assistance and wireless smartphone charger.
9. Hyundai Ioniq 5:
- Price: $44235
- Estimated Rang: 220 Miles
- Compelling choice for anyone moving first swing towards Electric vehicles.
10. Nissan Ariya:
- Price: $44525
- Estimated Rang: 216 Miles
- Nissan Ariya is a Crossover SUV, comes with important safety features like blind spot monitoring and automatic braking.
Conclusion:
There are various automakers and new upcoming startups in the field of electric and hybrid vehicles manufacturing are coming to the market and new inventions are creating more opportunities for the players. This definitely creates more possibilities to reduce the manufacturing cost and then the selling price.
Even the tax incentives and government rebates are the key point of discussion for the price relaxation in all electric vehicles.
So the average and common people should rethink before purchasing their new car and can think of any budget Electric Vehicles.
