With gas prices continuing to climb and automakers taking electric cars more seriously, it’s a great time to start considering a switch to an EV. A segment that was initially composed largely of just Tesla has been flooded with new options. Your EV choices today can undoubtedly take some time to sort through. We have comprised a list of the top five EVs to get the best bang for your buck.
Tesla Model 3
The Tesla Model 3 was built with a sole purpose in mind, value. Today, the Model 3 continues to be a popular choice with a relatively low starting price of under $50,000 and a range going as far as 358 miles. The EV is both minimalistic in design and agile in its drive. As a tech-forward brand, you’ll be able to experience the latest technological goodies, such as Tesla’s Advanced Autopilot and in-car gaming.
Hyundai IONIQ 5
The Hyundai IONIQ 5 wins a lot of points for its retro-futuristic design. The electric hatchback comes in at a starting price near the mid $40k range while still offering additional federal tax credit incentives. The IONIQ 5 offers various configurations and can even yield a range of 303 miles. The spacious interior is lined in eco-friendly materials and fitted with plenty of techs. 12-inch screens line the dash, an optional augmented reality head-up display feeds drivers input, and Level 2 autonomous driving adds ease of driving.
Ford Mustang Mach-E
Bringing the heritage of the Mustang coupe into the electric age, the Mustang Mach-E blends the ideals of the iconic muscle car with the practicality of a crossover. There are many configurations for the Mach-E, resulting in a range from 211 to 305 miles. The electric mustang comes with a starting price in the mid $40k range with available federal tax credit incentives. Whether hauling cargo or people, the crossover design allows the Mach-E a great deal of utility.
Used Tesla Model S
The Model S is Tesla’s longest-tenured vehicle and is still their most premium offering. With ten years worth of production, there are plenty in the used market at deep discounts. Since its inception, the Model S has always been a leader in electric range. When shopping used, pay special attention to 2020 and newer models as those come equipped with a more powerful powertrain and a refitted adaptive air suspension.
Used Nissan LEAF
When new, the Nissan LEAF is one of the cheapest EVs you can buy. This value grows even more significant when looking at a used example. The first-generation models can be tempting, but be cautious of overly degraded batteries. Instead, look at second-generation examples starting from 2017. These LEAFs come with sub-200 mile ranges, so they are an excellent value for those who mainly compose close-range driving. Otherwise, a used LEAF Plus with 226 miles range could also suffice.