Are you considering switching to electric cars in 2024? Then you must check out our top picks for the most affordable electric cars 2024 offers.
With the world becoming more eco-friendly, the EV market is rising rapidly. Buyers prefer costly yet safe for the environment electric cars over cheaper gasoline ones.
So far, the best electric cars 2024 has in the market are pricier than their gasoline counterparts. High prices are one of the barriers stopping people from experiencing EV rides.
Seeing this, now many automakers are finally working on providing their customers with EVs that are cheap and affordable to everyone.
To own a premium quality electric ride, you no longer need to spend a fortune. People need to learn that they do not need to own a Tesla to ensure they get their money’s worth. Several established brands like Hyundai, Nissan, Kia, & others have entered the EV market and are doing a remarkable job.
Thus, today we bring you the seven best affordable electric cars in 2024 that will suit your budget and offer impressive features for the price. Let us begin and find your new car.
Explore 7 Most Affordable Electric Cars 2024 Has To Offer So Far
Electric vehicles are where the world is shifting to. They are among the best transportation options, making you environment-friendly as well as socially conscious. You may also need a tax calculator because an electric car can get you a tax deduction in several US states.
Unlike gasoline vehicles, electric vehicles produce little to no harmful elements. This technological advancement is why EVs are pricier than other vehicles.
Whether you search for electric cars for sale, brand new, or even jump into the used cars market, EVs will still be costlier in most cases.
This massive difference in the price is stopping most people from buying EVs. However most people do not know that several affordable options are available in the market.
All you have to do is redirect your search toward affordable or cheapest electric SUVs, sedans, hatchbacks, & more. With thorough research & comparison, you will get what you desire.
To help you get started, we have reviewed seven affordable ev cars in 2024 released so far. Explore each one to find your ideal ride. Our experts also recommend looking for a reputable car delivery service.
1. 2024 Chevrolet Bolt EV (MSRP: From $26,500)
- MSRP: From $26,500
- Engine: Electric
- Horsepower: 200 hp
- Torque: 266 lb-ft
- MPGe: 131 City / 109 Highway
- Driving Range: 259 mi battery-only
- Battery Charge Time: 7.5h at 220V
- Transmission: 1-speed automatic
- Drivetrain: Front Wheel Drive
- Cargo Volume: 16.6 ft³, 57 ft³ with seat area
- Trims: 2 (1LT, 2LT)
The Chevrolet bolt ev is the most affordable ev 2024 in the market for electric car lovers. This ride comes with a peppy powertrain. An electric engine is paired with an electric motor channeling 200 hp & 266 lb-ft of torque to the front wheels.
With this EV, you will get a smooth driving experience, composed handling, and an impressive driving range of 259 miles on a full charge. To know more about Bolt EV’s driving range, visit EPA’s website.
The interior is spacious, which is impressive for such a petite ride. The design is upscale, with more soft-touch surfaces and better materials than previous models.
The rear rows boast ample space for adults, and the front row is redesigned for 2024. There is an 8″ digital gauge cluster and a 10.2″ infotainment system with wireless smartphone connectivity as standard.
For your safety, Chevrolet offers plenty of standard & optional driver assistance technology. This ride has bagged a five-star overall safety rating from NHTSA, making it safe for everyone.
Updates For 2024
- Significant price drop compared to 2023 models
2. Chevrolet Bolt EUV (MSRP: From $27,800)
- MSRP: From $27,8000
- Engine: Electric
- Horsepower: 200 hp
- Torque: 266 lb-ft
- MPGe: 125 City / 104 Highway
- Driving Range: 247 mi battery-only
- Battery Charge Time: 7.5h at 220V
- Transmission: 1-speed automatic
- Drivetrain: Front Wheel Drive
- Cargo Volume: 16.3 ft³, 56.9 ft³ with seat area
- Trims: 2 (LT, Premier)
Chevrolet Bolt EUV is the most affordable electric SUV. This budget-friendly ride offers fun driving dynamics, generous seating space, and a good driving range.
You get an electric motor paired with a front-wheel drivetrain and 1-speed automatic transmission, producing 200 hp, 266 lb-ft of torque.
The 65.0-kWh battery pack gives a driving range of 247 miles. Also, you get 125 miles in the city & 104 miles on the highway.
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The interior is stylish and nicely trimmed with features like a standard push-button gear selector, extra legroom in rear seats, a digital gauge display, and a 10.2″ infotainment system. Also, this ride is longer, wider, & taller than before, especially compared to the Bolt hatchback.
This subcompact sport utility vehicle has an overall five-star safety rating from NHTSA, all thanks to its standard & optional driver assist features.
Updates For 2024
- Drop in the base price
- Available Redline Edition package
- 2024 is the final model year for the model
3. Nissan Leaf (MSRP: From $28,040)
- MSRP: From $28,040
- Engine: Electric
- Horsepower: 147 to 214 hp
- Torque: 236 to 250 lb-ft
- MPGe: 123 City / 99 Highway
- Driving Range: 150 to 215 mi battery-only
- Battery Charge Time: 35h at 110V, 8 to 11h at 220V, 0.75h at 440V
- Transmission: 1-speed automatic
- Drivetrain: Front Wheel Drive
- Cargo Volume: 23.6 ft³, 30 ft³ with seat area
- Trims: 2 (S. SV PLUS)
The Nissan Leaf is a great all-electric compact car that can be yours for a starting price of $28,040 only. The interior is spacious, comfortable, and filled with many technological features.
Digital gauge cluster with an analog speedometer, push start button, proximity keyless entry, & automatic climate control are standard.
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The 40.0-kWh battery pack is standard paired with a 147-hp electric motor and comes in base trim Leaf S. You get a larger 62.0-kWh battery pack and a 214-hp electric motor in the Leaf SV PLUS trim.
The driving range you can achieve is between 150 to 215 miles, which is disappointing in the class. But other than this, the Nissan Leaf is a great ride. Also, this ride is safe due to the standard Nissan Safety Shield 360 suite of driver-assistance features. It has a five-star overall safety rating from NHTSA.
Updates For 2024
- Exterior styling is updated
- The lineup is reduced to only two trims
4. Mini Cooper Electric (MSRP: From $29,000)
- MSRP: From $29,000
- Engine: Electric
- Horsepower: 181 hp
- Torque: 199 lb-ft
- MPGe: 119 City / 100 Highway
- Driving Range: 110 miles
- Battery Charge Time: 4h at 220V, 0.58h at 440V
- Transmission: 1-speed automatic
- Drivetrain: Front Wheel Drive
- Cargo Volume: 8.7 ft³, 34 ft³ with seat area
- Trims: 2 (Signature, Base)
If you find small-size rides cute, then the Mini Cooper Electric is a great choice for you to consider. This compact car is powered by a 28.9-kWh battery pack paired with an electric motor producing 181 hp and channeling it to the front wheels.
You get about 110 miles on a full charge which is way less than the other affordable rides in the class. With fast charging, you can charge this car up to 80% in under 35 minutes. As per EPA, this Mini ride gives you 119 mpge in the city and 100 mpge on the highway.
The interior boasts an upscale setting, ample space, a comfortable ride, a 5.5″ digital gauge cluster that displays all the battery-related information, dual-zone climate control, a heated steering wheel, heated front seats, a heat pump design & more.
Also, there is a standard 8.8″ infotainment touchscreen integrated with Apple CarPlay, built-in navigation, and SiriusXM satellite radio.
Mini offers driver-assistance technology, but only a few features are standard. It has a four-star overall safety rating from NHTSA.
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Updates For 2024
- A special Resolute edition added
5. Hyundai Kona Electric (MSRP: From $33,550)
- MSRP: From $33,550
- Engine: Electric
- Horsepower: 201 hp
- Torque: 291 lb-ft
- MPGe: 134 City / 106 Highway
- Driving Range: 258 mi battery-only
- Battery Charge Time: 9.25h at 220V, 1.07h at 440V
- Transmission: 1-speed automatic
- Drivetrain: Front Wheel Drive
- Cargo Volume: 19.2 ft³, 45.8 ft³ with seat area
- Trims: 3 (SE, SEL, Limited)
Another cheapest ev SUV has for all interior space lovers is Hyundai Kona Electric. It comes in three trim levels, and you can buy the base one for an initial price of $33,550.
The electric motor producing is powered by a 64 kWh battery and produces 201 hp, which powers up the front wheels. With this subcompact sport utility vehicle, you get an impressive driving range of 258 miles and fuel efficiency of 120 MPGe combined.
The interior of this EV is built from quality material, offering comfort and ample features. However, the rear row and cargo hold are cramped.
We recommend using the best dashboard cleaner for cars to maintain interior quality. Do not compromise on maintenance. There is a standard 8″ touchscreen featuring Apple CarPlay, Android Auto, and a 10.3″ digital gauge cluster for entertainment.
The Kona Electric is one of the best cars with a heads-up display in the EV category. Hyundai offers limited standard safety features but still got a five-star overall safety rating from NHTSA. Lastly, Hyundai’s warranty & maintenance coverage is impressive in the class.
Updates For 2024
- Heated front seats, power adjustable driver’s seat, and rear USB ports are now standard
6. Mazda MX-30 EV (MSRP: From $34,110)
- MSRP: From $34,110
- Engine: Electric
- Horsepower: 143 hp
- Torque: 200 lb-ft
- MPGe: 98 City / 85 Highway
- Driving Range: 100 mi battery-only
- Battery Charge Time: 5.3h at 220V
- Transmission: 1-speed automatic
- Drivetrain: Front wheel drive
- Cargo Volume: 21.04 ft³
- Trims: 2 (Base, Premium)
The MX-30 SUV is Mazda’s only electric vehicle. This small ride comes with an upscale build and well-balanced ride & handling. This ride comes with one electric motor producing 143 hp paired with front-wheel drive and 1-speed automatic transmission.
Compared to other electric SUVs in the class, the 2024 MX-30 is powered by a small 30kWh battery pack, with which you get only 100 miles per charge.
The acceleration of this ride feels slow. Its EPA estimates give 98 mpge in the city and 85 mpge on the highway, which is low than Kona Electric & Bolt EV.
The interior comprises natural & sustainable materials. The visibility is good. And if you wish to keep it that way for long, always use the best windshield washer fluid.
The front row is spacious in the vehicle, but the rear one feels cramped regarding both headroom & legroom. You get a standard 7″ digital gauge display, climate control system, power sunroof, and auto-dimming rearview mirror.
There is a secondary 8.8″ touchscreen display integrated with navigation, an audio system, and a backup camera for entertainment. The 2024 Mazda Mx-30 has received a five-star overall safety rating from NHTSA. It features i-Activsense loaded with several standard safety features.
Updates For 2024
- No major changes
- 2024 is the end of the model lineup
7. Volkswagen ID.4 (MSRP: From $38,995)
- MSRP: From $38,995
- Engine: Electric
- Horsepower: 201 to 295 hp
- Torque: 229 to 339 lb-ft
- MPGe: 104 City / 89 Highway
- Driving Range: 209 to 275 mi battery-only
- Battery Charge Time: 83h at 110V, 6 to 7.5h at 220V
- Transmission: 1-speed automatic
- Drivetrain: FWD, RWD, AWD
- Cargo Volume: 30.3 ft³, 64.2 ft³ with seat area
- Trims: 5 (Standard, Pro, Standard S, Pro S, Pro S Plus)
If you can easily spend around $40k on your car purchase, you do not need to look for the cheapest used electric car. The 2024 Volkswagen ID.4 is a great electric ride featuring top-quality German engineering and can be yours for a starting price of $38,995.
For this price, you get a single rear-mounted motor making 201 hp. There is also a dual motor paired with an all-wheel drive, channeling 295 hp. You get a 209 to 275 miles driving range per charge, which is good compared to other models on this list.
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A 62 kWh battery is standard, and a 77 kWh battery is optional. You get about 104 mpge in the city and 89 mpge on the highway. The interior features a retractable steering wheel, sliding rear doors, a cloth seat with heat, ambient lighting, high-tech features, and ample cargo space.
The 2024 ID.4 comes standard with a 12″ infotainment touchscreen with Volkswagen’s latest interface. Navigation and wireless Apple & Android connectivity are standard.
Volkswagen offers a host of standard and optional driver-assistance technology. Plus, it has an overall five-star safety rating from NHTSA. The 2024 Volkswagen ID.4 is one of the cheapest awd electric cars this year.
Updates For 2024
- The new base model comes with a 64 kWh battery
- Too many touch controls
Top FAQs About Cheapest Used Electric Car
Should I buy used electric cars?
Used cars are great purchases, especially if you can not afford a brand-new one.
But there are several things you need to look out for before buying a used car.
- You need to ensure the vehicle is well maintained.
- The seller should provide all the car-related documents, like the car title.
- Always take a test drive.
- Ask for the maintenance history.
- Have a mechanic inspect the car.
You can buy that used car once you go through all these serious inspections.
But if you have a budget of at least $26k, you can easily buy a brand-new EV. The 2023 Chevrolet Bolt EV is a great model for such a price.
Are electric cars cheap to buy in 2024?
Generally, electric cars are pricey compared to gasoline rides. One of the biggest reasons for this is high demand and low supply.
But 2024has seen some great changes. This year, the average price of new electric vehicles has dropped by about $10,000 since 2022.
It all happened due to better flow between the supply and demand chain. Also, the availability of more affordable EV models has a crucial role.
So, if you want to buy an EV, now is the right time compared to the market prices of the previous year.
How much does it cost to charge an electric car?
The cost of charging an EV depends on which state you reside in. Electricity costs are different in different American states.
But let’s consider the US national average price of $0.17 per kWh. It will cost approximately $11 to charge an electric automobile with a 65 kWh battery at your home with a Level 2 charger.
What is the lifespan of an electric car?
The lifespan of an electric car depends on the quality of its battery. The battery is the soul of an EV. The longer the battery lasts, the longer the vehicle itself.
On average, electric car batteries can last between 10 to 20 years. This can be more or less depending on how well you keep your ride, maintain it, and use it.
So, apart from the manufacturer’s guarantee, your usage behavior towards your ride plays a crucial role in keeping it up & running for a long time.
What are the affordable electric rides to buy in 2024?
If you want to buy an EV but high prices have always stopped you, then some 2024 models will make your dream a reality.
The top seven models range from $26k to $38k, making them as affordable as their gasoline counterparts in the market.
Check out our top picks below:
- Chevrolet Bolt EV- From $26,500
- Chevrolet Bolt EUV- From $27,800
- Nissan Leaf- From $28,040
- Mini Cooper Electric- $29,900
- Hyundai Kona Electric- From $33,550
- Mazda MX-30- From $34,110
- Volkswagen ID 4- From $38,995
Conclusion
EVs are the rides of the future. If you want to walk with the world and be more responsible towards the environment, a little change in private transportation can go a long way.
This article covers the seven most affordable electric cars 2024 has to offer. We hope you find all the information helpful. If you have any questions, please let us know in the comments.
