Electric vehicles have been gaining in popularity in recent years, as the technology has improved and become more affordable. With the rising cost of gasoline and concerns about climate change, many car buyers are looking for ways to save money and reduce their environmental impact.
Currently, the 2022 Nissan Leaf is the cheapest electric car you can buy. With a starting MSRP of $27,800, the Nissan Leaf has a 212-mile range and an estimated 121 MPGE. If you are looking for a cheap electric vehicle, then the Nissan Leaf may be worth checking out.
While the Nissan Leaf has a cheap starting price, it may not be everyone’s dream vehicle. In this article, we will discuss the cheapest electric vehicles on the market today and what you should know about them. In addition, we will answer other frequently asked questions about electric cars, so read on!
Cheapest Electric Cars on the Market Today (2022-2023)
With gas cars breaking the bank due to current gas prices, now is the time to buy an electric car. But is it worth getting an electric vehicle? While they lower a carbon footprint, it can be concerning the mile range and fast charging capabilities.
Also, not every consumer wants a front-wheel drive, and it’s finding an affordable electric car that offers an all-wheel drive.
The best thing about electric vehicles is the variety that is available on the market today. If you’re looking for an electric car, chances are there’s one out there that fits both your driving needs and budget.
While there are several EV buyers today, there are some that are just now considering making the switch to an electric motor. There are mass-market electric vehicles but if you are on a budget, these are the ones you should be considering.
2022-2023 Nissan Leaf
As we mentioned, the Nissan Leaf is currently one of the cheapest electric cars on the market. With a starting price of $27,800, the Leaf has a range of 212 miles and an estimated 121 MPGE.
One thing to note about the Leaf is that it is a front-wheel drive, so if you are looking for an all-wheel-drive electric car, the Leaf may not be the best option.
Also, the Nissan safety shield technology is not standard on the Leaf, so if you are looking for a car with this feature, you may have to pay extra.
In addition, the Nissan Leaf isn’t the prettiest car on the market and its range may not be enough for some buyers. However, if you are looking for one of the cheapest electric cars on the market, the Leaf is worth considering.
2022-2023 Chevy Bolt
Nissan isn’t the only company trying to produce electric cars for the masses. Chevrolet also has an electric car on the market, called the Chevrolet Bolt.
The Chevrolet Bolt has a longer range than the Leaf of 259 miles and a starting price of $31,500. In addition, the Chevrolet Bolt has a 0-60 mph time of 6.5 seconds which makes fun and one of the most affordable electric vehicles money can buy.
The starting price for the Chevrolet Bolt EV may be more expensive than other electric vehicles but when you factor in the range and performance, the Bolt is a great deal.
Plus, Chevy will cover the at-home installation of the Leve 2 charging outlet, so you can charge your electric car at home.
For an EPA estimated range, the Chevrolet Bolt EV could be a great value and is worth considering if you’re looking for a cheap electric car.
2022-2023 Chevy Bolt EUV
Another option is to go bigger with the Chevrolet Bolt EUV. Still, with an electric motor and an affordable starting price, the Chevrolet Bolt EUV is a longer and wider version of the Bolt EV.
Standard features on the Bolt EUV include a hands-free liftgate, available Super Cruise driver assistance, and an expanded infotainment system.
Super Cruise is a semi-autonomous driving feature that will steer, brake, and accelerate for you in certain conditions. This is a great feature to have if you do a lot of highway driving.
Plus, automatic emergency braking and front pedestrian braking come standard on the Bolt EUV.
The starting price for the Chevrolet Bolt EUV is $33,500 and has an EPA estimated range of 250 miles.
If you are in need of one of the cheapest electric cars with more leg room in the back, the Chevrolet Bolt EUV is worth considering.
2022-2023 Hyundai Kona Electric
For those that want an electric SUV, there are a few options on the market but one of the most affordable is the Hyundai Kona Electric.
The starting price for the Hyundai Kona Electric is $34,000 and comes with an EPA estimated 258 miles of range.
This is one of the most affordable electric vehicles that offer all-wheel drive which is great for those that need it.
In addition, the Hyundai Kona Electric comes standard with features like adaptive cruise control, lane-keeping assist, and a 7-inch touch screen display.
The only downside to the Hyundai Kona Electric is that it only has a 104-mile estimated range in the city. However, if you do mostly highway driving, the range will be closer to its EPA estimate.
If you are looking for an electric SUV but don’t want to spend a lot of money, the Hyundai Kona Electric should be on your radar.
2022-2023 Mazda MX-30 EV
While it only has an EPA estimated range of 100 miles, the Mazda MX-30 EV is one of the most stylish electric vehicles on the market.
The starting price for the Mazda MX-30 EV is $34,000 and it comes with a long list of standard features.
In addition, it has fast charging capabilities of 80% charge in only 36 minutes. While the miles of range could be more, the starting price is intriguing for the electric vehicle market.
2022-2023 Mini Cooper Electric
Like the Chevrolet Bolt EV, the Mini Cooper Electric is a hatchback electric car.
The starting price for Mini Cooper Electric is $34,225 which makes it one of the cheapest electric cars on the market.
In addition, it has a 0-60 mph time of 6.9 seconds and an EPA estimated range of 110 miles in the city and 96 miles on the highway.
Plus, the Mini Cooper Electric has an 80% charge time of 36 minutes. So, while the EPA estimated range is lower, you can rest assured knowing you can charge your electric car quickly.
The Mini Cooper Electric is a great option if you’re looking for an affordable and stylish electric vehicle.
However, the Mini Cooper line isn’t for everyone. If you need something more practical, there are other electric cars you can find.
2022-2023 Kia Niro EV
Kia and Hyundai are wasting no time in the mass-market electric vehicle world. The Kia Niro EV is another option to consider if you’re looking for a cheap electric car.
The starting price for the Kia Niro EV is $39,990 and it comes with an EPA-estimated range of 239 miles.
This electric vehicle is one of the most efficient among electric cars. Plus, consumers can add 100 miles of range within 30 minutes. The electric range is impressive but the starting price is a little steep.
However, if you can afford it, the Kia Niro EV trumps the Chevrolet Bolt EV. With an impressive electric motor and range, the Kia Niro EV is a great option for electric cars.
2022-2023 Ford F-150 Lightning
While it’s not on the electric cars list, the Ford F-150 Lightning has an electric motor and is one of the most affordable EVs on the market today.
With an EPA estimated range of 320 miles, the Ford F-150 Lightning is a great truck for those that need an electric vehicle.
The starting price for the Ford F-150 Lightning is $39,974 and it comes with standard features like adaptive cruise control, lane-keeping assist, and a 10-inch touch screen display.
Plus, the Ford F-150 Lightning has a payload capacity of 2,000 pounds and can tow up to 10,000 pounds.
If you need an electric motor that can do some heavy lifting, the Ford F-150 Lightning is worth considering.
However, if you don’t want a truck like the Ford F-150 Lightning, then one of the electric cars would be a better choice.
2022-2023 Kia EV6
The Kia EV6 is slightly bigger than the Bolt EV but is way more stylish.
The starting price for the Kia EV6 is $40,900 and it comes with a long list of standard features.
In addition, it has an EPA estimated range of 310 miles which puts it ahead of the Bolt EV. Plus, it can charge from 10-80% in under 18 minutes.
When you combine the fast-charging battery pack with EPA estimated range, the Kia EV6 is one of the best electric cars on the market.
We can say that the Kia EV6 can compete with gas cars and it’s a great option for electric cars.
2023 Toyota BZ4X
The 2023 Toyota BZ4X is an all-new electric SUV that will be released in late 2022.
The starting price for the Toyota BZ4X is $43000 and it comes with a long list of standard features.
In addition, it has an EPA estimated range of 250 miles which puts it ahead of the competition such as the Bolt EV. While its not out yet and Toyota is giving updates on its release date, EV buyers will be excited about this all-new SUV.
The Toyota BZ4X is a great option for those that want an electric car but also need the utility of an SUV. It will have plenty of cargo space and seating for five adults.
Plus, with standard features like adaptive cruise control, lane-keeping assist, automatic emergency braking, and impressive miles of range, the Toyota BZ4X is a great option for electric cars.
2022 Ford Mustang Mache
Speed, long miles of range, and style. The 2022 Ford Mustang Mach-E has it all.
The starting price for the Mustang Mach-E is $43,895 and it comes with a long list of standard features.
In addition, it has an EPA estimated range of 314 miles and 0-60 mph time of 3.5 seconds.
While the starting price is a little high, the Mustang Mach-E is one of the best electric cars on the market. It has impressive performance specs and a long list of standard features.
Plus, with an EPA estimated range of 314 miles, the Mustang Mach-E is a great option for long-distance travel.
If miles of range are important and don’t want a Tesla model, then the Mustang Mach-E is a great option for electric cars.
2022 Hyundai IONIQ 5
Available in all-wheel-drive, the Hyundai IONIQ 5 is a great option for those that want an electric car.
The starting price for the IONIQ 5 is $40,000 and it comes with a long list of standard features.
In addition, it has an EPA estimated range of 303 miles which puts it ahead of the competition such as the Bolt EV. In addition, the IONIQ 5 won world car of the year.
It makes sense with its impressive range, smooth ride, and electric mobility.
2022-2023 Polestar 2
If you are looking for an electric car that is both stylish and affordable, the Polestar 2 may be the electric vehicle for you.
The starting price for the Polestar 2 is $40,900 which may seem like a lot but when you factor in the range and performance, the Polestar 2 is worth its price tag.
This electric car has an EPA estimated range of 275 miles and can go from 0-60 mph in just 4.5 seconds.
The Polestar 2 also comes standard with features like Android Automotive, a panoramic sunroof, and heated front seats.
If you are looking for an electric car that is both stylish and affordable, the Polestar 2 should be at the top of your list.
2022-2023 Tesla Model 3
The Tesla Model 3 is one of the most popular electric cars on the market and for good reason.
The starting price for the Model 3 is $48,000 and it comes with a long list of standard features.
In addition, it has an EPA estimated range of 358 miles which puts it ahead of the competition such as the Bolt EV.
Plus, the Tesla Model 3 is fast with a 0-60 mph time of 3.5 seconds.
While the starting price is a little high, the Tesla Model 3 is one of the best electric cars on the market. It has impressive performance specs and a long list of standard features.
Plus, with an EPA estimated range of 358 miles, the Tesla Model 3 is a great option for long-distance travel.
If miles of range is important and you want a Tesla, then the Model 3 is the electric car for you.
2022 Audi E-Tron
The Audi E-Tron is a great option for those that want an electric SUV.
The starting price for the E-Tron is $65,900 and it comes with a long list of standard features.
In addition, it has an EPA estimated range of 204 miles which puts it ahead of the competition such as the Jaguar I-PACE. The E-Tron comes standard with features like adaptive cruise control, lane-keeping assist, and a panoramic sunroof.
If you are looking for an electric SUV that is both stylish and has a long-range, the Audi e-tron should be at the top of your list.
2022-2023 BMW i3
The BMW i3 is a great option for those that want an electric car.
The starting price for the i3 is $44,450 and it comes with a long list of standard features.
In addition, it has an EPA estimated range of 153 miles which puts it ahead of the competition such as the Chevrolet Bolt EV. The i3 comes standard with features like adaptive cruise control, lane-keeping assist, and a panoramic sunroof.
If you are looking for an electric car that is both stylish and has a long-range, the BMW i3 should be at the top of your list.
How Much Will Electric Cars Cost in 2022?
As you can see from our list, electric cars are becoming more and more affordable. In fact, the starting price for electric cars has decreased significantly in recent years.
The average starting price for an electric car in 2020 was $55,600. In 2021, the average starting price for an electric car is $52,000. And in 2022, the average starting price for an electric car is expected to be $49,000.
As you can see, the price of electric cars is decreasing each year. This is great news for those that are looking to purchase an electric car in the near future.
The consumer can go really affordable with the Chevrolet Bolt EV in the low $30,000s or go all out with a Tesla Model S which starts around $80,000.
There are many choices for electric cars in 2022 and the prices are expected to be very reasonable.
Which EV is the Best Value for Money?
It’s tough to choose just one electric car as the best value for money. However, we think the Tesla Model 3 is a great option.
The starting price for the Model 3 is $48,000 and it comes with a long list of standard features. Plus, it has an EPA estimated range of 358 miles which puts it ahead of the competition such as the Bolt EV.
The Model 3 is a great option for those that are looking for an electric car that is both stylish and has a long range. Plus, with a starting price of $48,000, it’s very affordable.
Are Electric Cars Worth the Money?
Electric cars are definitely worth the money. They are cheaper to operate and maintain than gas cars. Plus, they are better for the environment.
Electric cars are also becoming more and more affordable. The average starting price for an electric car in 2020 was $55,600. In 2021, the average starting price for an electric car is $52,000. And in 2022, the average starting price for an electric car is expected to be $49,000.
As you can see, the price of electric cars is decreasing each year. This is great news for those that are looking to purchase an electric car in the near future.
Are Electric Cars the Future?
Electric cars are definitely the future. They are cheaper to operate and maintain than gas cars. Plus, they are better for the environment.
In addition, with gas motors breaking the bank, electric cars are only going to get cheaper as technology improves.
How Much Will Electric Cars Cost in 2025?
As technology for electric vehicles advances, we expect the prices of electric cars to continue to decrease. In 2025, the average starting price for an electric car is expected to be $45,000.
This is great news for those that are looking to purchase an electric car in the future. Electric cars are becoming more and more affordable and they are only going to get cheaper as time goes on.
What Vehicles Will Be Electric in 2022?
You will see that almost every manufacturer will have an electric car in their lineup by 2022. This is because the demand for electric cars is increasing and technology is improving.
With the way the market is going, we expect that almost all cars will be electric by 2030.
Will More Pickup Trucks Be Electric?
The Ford F-150 Lightning won’t be the only electric pickup truck on the market for long. We expect to see many other manufacturers come out with electric pickup trucks in the next few years.
In fact, we think that almost all pickup trucks will be electric by 2030. This is because they are cheaper to operate and maintain than gas trucks. Plus, they are better for the environment.
However, this is complete speculation and we think that driving range and towing capacity will be the two biggest factors that determine whether or not electric pickup trucks will be successful.
Final Thoughts on Electric Vehicles
So no matter if its the Ford Mustang Mach-E, the Tesla Model S, the Chevrolet Bolt EV, or any other electric car, they are all great choices.
Electric cars are cheaper to operate and maintain than gas cars. Plus, they are better for the environment.
In addition, with gas motors breaking the bank, electric cars are only going to get cheaper as technology improves.
So if you are looking to purchase an electric car, now is the time. Prices are only going to decrease as time goes on and more and more manufacturers release electric cars.
Made it to the end? Here are other articles you might like:
Best Performance Tuners for Cars