10 EVs That Cost Less Than The Average Price Of A New Vehicle

Electric vehicles are more expensive than traditional vehicles. While that statement is factually correct, you can find many EVs that cost less than the average price of a new vehicle. According to CarEdge, the average price of a new vehicle is $48,397. This gives you plenty of wiggle room to find an electric vehicle with the features and qualities you want.

When you think of EVs, what comes to mind? For many people, the first image is a Tesla vehicle. Although Tesla is the most popular name in the electric vehicle market, nearly all automotive brands have at least one EV available, giving you many options to choose from.

Note: Pricing, powertrain, and general vehicle data were sourced from various automakers. The charging times are listed using a Level 2 at-home 240-volt charging port. This list is sorted by the MSRP of the base trim of each vehicle from highest to lowest.

10

2024 Volkswagen ID.4

Starting MSRP: $39,735

The 2025 Volkswagen ID.4 is the cornerstone of the electric vehicle class for the brand. This compact SUV is paving the way for new EVs to hit the market and bring excellent driving manners to the road. The ID.4 has room for five people and plenty of cargo space for a family to enjoy this EV.

Most Popular Powertrain Specifications

VW’s infotainment system has taken some hits in the past, and rightly so. The 2025 ID.4 can be had with a large 12.9-inch touchscreen display, which has improved menus and climate controls that make it much better. This Volkswagen EV could be right for you.

Pros

• Lots of helpful driver assist, and technology features come standard.
• Smooth ride and spacious cabin.
• Tight turn radius makes parking and U-turns much easier.

Cons

• Some controls can be difficult to operate.
• Some low-quality cabin plastics cheapen the experience.
• Not as sporty or fun to drive as most rival EVs.

9

2025 Kia Niro EV

Starting MSRP: $39,600

If you want an affordable, small, and easy-to-drive electric vehicle that you can easily enjoy on city streets, the Kia Niro EV is a fantastic option. This pocket-sized EV is packed with features for the money and has a stylish exterior design to give you the look and equipment you want.

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This might not be the most exciting Kia electric vehicle, but it has a lot of charming characteristics that you can enjoy. The driving range and reasonable charging time make it easy to enjoy the Niro EV during your daily driving experiences.

Pros

• Long list of standard features.
• The latest technology and driver assist features.
• Smooth ride and quiet cabin.

Cons

• Doesn’t provide much excitement from behind the wheel.
• Front seat padding is too firm for ideal comfort.
• Less range than some rivals.

8

2024 Nissan Ariya

Starting MSRP: $39,590

Nissan brought their second electric vehicle to market, and it’s a pretty good addition to the growing EV world. The Ariya is similar in size to the Rogue, and it’s one of the EVs you can buy for less than the average price of a new vehicle.

Most Popular Powertrain Specifications

Once you step inside the Nissan Ariya, you’ll understand the quality and impressive nature of this electric SUV. It has arguably the best cabin area in the entire Nissan lineup, giving you excellent materials that are soft to the touch. This could be the futuristic EV you love to drive.

Pros

• Comfortable and composed on the road.
• Modern-looking interior design.
• Comes standard with many advanced driver aids.

Cons

• Not true one-pedal driving.
• Slower-than-average DC fast-charging rate.
• Outdated infotainment graphics.

7

2025 Hyundai Ioniq 6

Starting MSRP: $37,750

The Hyundai Ioniq 6 takes a chance with its looks, which some will love and others will hate. Regardless of how you feel about the styling, this electric sedan has a lot going for it, with good acceleration and a value-oriented position and lots of great features at the price.

Most Popular Powertrain Specifications

This Hyundai electric sedan is one of the many EVs you can buy for less than the price of the average vehicle, making it easy to have the feeling and quality you want without spending too much. The comfortable interior makes it an excellent option for your commute and road trips.

Pros

• Impressive range and quick charging speeds.
• Comfortable and well-built interior.
• Speedy acceleration from AWD models.

Cons

• Tight rear headroom.
• Rear visibility is limited.
• Polarizing styling.

6

2025 Volvo EX30

Starting MSRP: $36,145

The small but stylish Volvo EX30 is new for the 2025 model year, giving us an additional subcompact EV to consider. This little Volvo is the quickest-accelerating EV from the brand so far, but you’ll need the Twin Motor model to achieve the fastest sprint times.

Most Popular Powertrain Specifications

The hook for this new Volvo EV is its small but clever value packaging, which makes it an easy choice when put up against the competition. The EX30 is small, making it good for drivers who want something that fits easily in tight parking lots.

Pros

• Perky electric powertrains.
• Balanced chassis.
• Attractive starting price.

Cons

• Firm ride.
• Twin Motor powertrain upgrade is expensive.
• No dedicated gauge display.

5

2025 Chevrolet Equinox EV

Starting MSRP: $33,600

The 2025 Chevrolet Equinox EV is the most affordable electric vehicle in the Chevrolet lineup. When you’re looking for an EV that costs less than the average price of a new vehicle, it’s easy to choose this Chevy EV. You’ll be glad to have the pleasant drive and impressive driving range offered in the Equinox EV.

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The name might be familiar, but the Equinox EV was built from the ground up to be different and give you the electric driving you want to enjoy. There are more than enough features to keep anyone smiling, and the smooth ride makes for a pleasant drive.

Pros

• Impressive driving range.
• Roomy interior for five passengers.
• Smooth ride and quiet cabin on the highway.

Cons

• Lacks Apple CarPlay smartphone integration.
• Not much storage space for small items.
• Lackluster acceleration and handling capabilities.

4

2024 Mini Cooper Electric

Starting MSRP: $33,050

The Mini Cooper Electric allows you to have the best of at least two worlds. You get to enjoy the unique styling that tells others this is a Mini, and you can have an EV that costs less than the average price of a new vehicle.

Most Popular Powertrain Specifications

The latest version of the electric Mini is more powerful and quicker than the previous model, making it much more useful in the class. This electric vehicle has the uniqueness to make it fun to look at and drive.

Pros

• Fast charging is excellent.
• Should be fun and zippy to drive.
• Nifty circular touchscreen.

Cons

• Other EVs can go farther on a charge.
• Could be a bit pricey in its class.
• No subtlety in the styling.

3

2025 Hyundai Kona Electric

Starting MSRP: $32,875

If you want an electric vehicle with thoroughly modern styling and a more accommodating interior than some small EVs, the Hyundai Kona Electric could be right for you. This five-passenger electric compact SUV can be a joy to drive, making it an easy choice in a crowded market.

Most Popular Powertrain Specifications

This little Hyundai EV is small but has some redeeming qualities. You might not like the size of the frunk, but at least it has a storage area under the hood. Not all EVs have this feature, leaving out an important space for you to keep items you need to take with you.

Pros

• Excellent combination of price, range, and features.
• Easy to drive and park.
• Smooth ride quality.

Cons

• Lackluster acceleration and handling.
• Slower fast-charging speeds than most other EVs.
• Tiny frunk.

2

2024 Fiat 500e

Starting MSRP: $32,500

The 2025 Fiat 500e is the only Fiat sold in America right now, and its one of the many EVs that cost less than the average price of a new vehicle. This is a small car that must meet your needs for you to enjoy it. If you spend all of your time driving on city streets, it might be right for you.

Most Popular Powertrain Specifications

There’s no hiding the 500e, despite its small build. This Italian EV stands out in a crowd and looks great. The included features make it a pleasure to drive, but its limited driving range keeps it tethered to city streets or areas close to home.

Pros

• Cute retro styling with a modern flair.
• Easy to park.
• Plenty of standard tech features.

Cons

• Short range compared to other EVs.
• Tiny back seat isn’t useful for passengers.
• Small cargo area.

1

2025 Nissan Leaf

Starting MSRP: $28,140

The Nissan Leaf feels like the original EV, and in some ways it certainly is. The latest version of this venerable model has better driving range than before, but it’s still a limited EV that won’t take you too far out of your city confines before requiring a recharge.

Most Popular Powertrain Specifications

Despite its driving range limitations, this little Nissan EV is enjoyable and practical. The hatchback body style gives you good cargo room and the cabin is comfortable. If you’re looking for a good little commuter car or city dweller, the Leaf has what you want.

Pros

• Affordable starting price.
• Roomy cabin.
• Practical hatchback shape.

Cons

• Limited driving range.
• Slow charging speeds.
• Newer competitors cost about the same