These Are The Cheapest Electric Cars For Sale Right Now!

Jordan and Kyle take you on a journey of the cheapest new electric cars for sale in the US! We dive into each of them and compare and contrast all the best (and worst) options under $45,000. We also discuss tax credits and even the standout economy ICE cars to compare the entry pricing of both fuel types.

-CHAPTERS-
00:00 Introduction
06:53 Kandi K27
09:40 Nissan Leaf
12:35 Chevy Bolt
15:43 Mazda MX-30
18:43 Mini Cooper SE
21:23 Hyundai Kona Electric
24:03 Kia Niro EV
25:33 Ford F-150 Lightning
29:48 Kia EV6
33:28 Volkswagen ID.4
38:03 Ford Mustang Mach-E
40:43 Hyundai IONIQ 5
44:20 Tesla Model 3
49:08 Conclusion

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#EV #Cheap #ElectricCar

[kqschwarz]

Both of these guys are SUPER knowledgeable. I am an experienced EV guy so I can say with confidence that this video is fantastic for those new to EVs and looking to get the best pre-purchase information. I love seeing the advance of this channel. They are just killing it compared to other EV channels. Thank you.

[TotallyJoel]

You guys are putting in soo much work, keep it up. As a future ev owner I appreciate all the info thats being put out.

[prerunnerwannabe]

I bought a Model 3 SR for $35k in 2020, drove it 30k miles, and just sold it to a wholesaler for $42k. Prices are wild.

Now I have a 2017 Bolt with a new battery, and honestly I'm loving it. I went on an 800 mile road trip with it, and honestly it only took an hour or so longer than it would in the Model 3.

[robertwaldren]

I'd love to see a vid where you take two similarly-sized and equipped vehicles - one and EV and one ICE - and compare total cost of ownership for, say, three years. Purchase price and potential tax credits are important, of course, but factoring fueling/charging costs, maintenance, and insurance would give a better picture of the financial pros/cons of getting in to an EV vs a similar ICE car.

[chandleredwards]

Instead of tax credits, EV sales price incentives should replace oil subsidies.

[Necrotron]

I got my 2017 Bolt used in 2019 for ~$20K. It's amazing. Yes the DC fast charging sucks, but it's mostly acceptable for those of us that don't road trip often and mostly do trips upstate, not cross country. Definitely a good first EV!

[richh]

Great discussion guys. Kyle is one of the very best reviewers that actually discuss all matters of EV. He doesn't sound like an, in the pocket, car salesman like most of the YT reviewers do.

[junkerzn]

The ID.4 is what I eventually bought, and man oh man was I happy I used the reservation process and waited patiently to get the AWD. The first thing the dealer said when I bought it was... "you know, you can trade this in immediately and net $10K, if you want". I'm keeping it, though.

EV technologies are changing so fast, I expect every current BEV to be leap-frogged every year for the next 10 years. Every single one will become technologically obsolete in literally just a year or two of its production date. That's just how fast the technology is improving. But in terms of our every-day driving experience, not much is actually going to change that we care about other than range and weight. Really, that's it. So the vehicles purchased today will still be excellent long-term vehicles for any buyer.

-Matt

[theredmonkey]

The cost depends on the car you leave. I went from a 2019 Charger Scat Pack that averaged 14 MPG to a Tesla Model 3 LR and in California it was cheaper to fuel the M3 by a wide margin. Now with gas so high it's comically cheaper at a supercharger so in California is a great deal.

[danielbliss]

The continuing price premium on EV suggests to me the tax credits are still needed, and that they should be refundable so that it truly is "cash on the hood." This is part of how Norway achieved broad EV adoption (along with much-improved charging infrastructure including for home charging for those without adequate off-street parking access or with shared parking) and other countries are taking notice -- so should we.

[jamesstrickland]

I just put in my order for the Aptera as someone retired on limited income felt it was the best choice.

[justinschultz]

In a normal market it makes sense to lease instead of buy if you don't qualify for the tax credit. Negotiate the tax credit as a dealer discount, since the dealership can take advantage of the credit.

[sandraervin]

Great podcast, nice to see what is affordable for most people. Thank you for bringing up the tax credit and what it really is or what it is not. Live around the corner always curious to what new vehicle is sitting in the driveway.

[sharonb.]

Thank you Kyle for being an EV enthusiast who understands not every buyer has the money, charging options, workload requirements or desire to buy an EV. EV enthusiast are so patronizing and dismissive of legitimate concerns some people have with EV’s. Even hybrids are considered trash. I’m not sure that attitude helps move the interest towards electrification forward.

[levenkay]

I don't own a LEAF anymore, but when I bought my first in 2011, the dealer explained that if I didn't think I'd be able to use the whole $7500 federal tax credit, I could lease the car from Nissan, and then buy out the lease after a month or two. The seller (Nissan, I suppose) has no problems coming up with enough tax liability to be able to use the credit, which they'd apply to reduce the loan price. Of course, this workaround requires a cooperative seller, but it does mean that *anyone* can benefit from the credit. I'm kind of tired of hearing the "only helps the rich" moaning.

[RonRattie]

I got my ID.4 first edition for $45k (MSRP) in June 2021. I have just under 18k miles on it. I checked online today and I can get just under $46k for it from one of the online car sites. I did use the full tax credit and have used over $1, 600 of the free EA charging since then. I'd be tempted to sell if there was an EV out there that I wanted more than the ID.4.

[ViperVisor]

Wind trim MSRP is 1.15 X Light trim. Battery is 1.25 X + Smart Power Tailgate + 14-Speaker Audio + Power Passenger seat + Ventilated Seats + couple other things. GT-Line is fancy toy extras.

[amyk]

I'm 73, and I wish to say that I have learned so much from Out of Specs! I bought an EV6 GT Line RWD before I discovered you guys, and it might have influenced my purchase, but maybe not. I really love the EV, and don't even regret paying over sticker. I hope that the tax credit goes away, and is replace by a flat out govt. rebate that takes it's place, maybe even on a graduated amount based on income. The less you make the higher your rebate.

[brendykes]

Here’s your Bolt comment: I did a 4K mile trip in 2017 Bolt one year ago (May/June). It was kind of miserable. The same trip, in the winter, with MYLR was a dream.

PS I love the Bolt around town.

[cbenson]

Really enjoyed this, you should do continue to do them . I agree EV credits should be applied at purchase for all buyers. Until we see some more price parity at the lower cost new car levels I'm for keeping some form of subsidy/credit. I wouldn't be opposed to capping it's application to EV's below $40k or something in that vein. Just some thoughts. I know opinions vary widely on this topic :-)