Abstract
- Inexpensive luxurious EVs can be found on the identical value as new Corollas, providing nice worth.
- Used EVs in numerous value ranges provide comparable options and warranties to new fashions.
- Comparatively new used EVs present glorious worth with lengthy warranties, excellent specs, and powerful efficiency in several value classes.
The truth that you will get 2022 Mannequin Y degree EV for a similar value as a brand new Corolla means luxurious at a funds value. The common value for a brand new Mannequin Y in Could was $53K, whereas the common MSRP for a brand new Corolla is $25K. The Corolla is a nice car, however it isn’t a Model Y.
This made me interested by what precisely you’ll get if you happen to paid extra for a used EV. The common new automobile MSRP in Could was practically $51K and EV about $58K. This appeared like an excellent start line, so I went searching for what sort of used EV I might get if for $50K and fewer.
The outcomes really stunned me, so I additional subdivided my analysis down from $50-$40K, $40-$30K, and $30-$20K. I stored my standards tight, searching for 2023 and newer fashions, mileage beneath 30,000, one proprietor, no accidents. I do know many readers need good however low-cost, so I looked for $20-1$5K as nicely, nonetheless 2023 fashions. Many of the automobiles listed beneath are beneath 20,000 miles, with fairly just a few beneath 10K.
I picked the Twin Cities as a big Midwestern inhabitants middle, and searched inside 500 miles. I subjectively picked a few automobiles in every value class, with a quick description, and listed just a few extra. So this was accessible on the time of writing.
MSRP is the producer’s recommended retail value, excluding any non-compulsory extras, supply charges, and so on., and earlier than any incentives. The 12 months mannequin of an EV is essential, due to their very lengthy, essential battery warranties of 8-10 years and 100,000+ miles. So a 2023 mannequin with 20,000 miles will nonetheless have six to eight years and at the least 80,000 miles of guarantee left.
I didn’t embrace Tesla fashions on this checklist, as to level out that there are alternate options. The wonderful Tesla Mannequin Y and three are nonetheless the bestselling EVs within the US, regardless of the unfavourable vibes across the model this 12 months.
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What to look for when buying a used EV
A few of us know what to search for when shopping for a used automobile, however a used EV? Used EVs provide nice worth, and this is what to search for when shopping for one.
Vehicles between $50K and $40K
Luxurious automobiles and massive pickups
Very costly cars depreciate essentially the most over the primary couple of years, it doesn’t matter what powertrain they use. Luxurious EVs lose worth the quickest. Electrical pickup vehicles are barely totally different, as a result of they keep their utility as work or way of life autos.
2023 BMW iX xDrive50: $49,990/$88K new/vary 312 to 326 miles
Mileage |
20,997 |
Gas effectivity mixed |
88 MPGe |
Drivetrain |
AWD |
Horsepower |
516 |
0 – 60 mph |
4 seconds |
Battery guarantee remaining |
6 years or 79,000 miles |
Battery vary rating |
98 |
The BMW iX xDrive50 is arguably essentially the most succesful mid-size electrical SUV. In the event you can look previous the exaggerated beaver tooth grille, this Beemer is a reasonably handsome automobile. With a mix of actual luxurious, loads of house, and a great deal of energy, this two-year-old SUV is a steal on the identical value as the common automobile within the US. There may be additionally a 610-hp M60, however you will not discover it at this value, if in any respect.
Ford Lightning Supercrew Lariat: $46,579/$76K new/vary 240 miles
Mileage |
21,729 |
Gas effectivity mixed |
68 MPGe |
Drivetrain |
4WD |
Horsepower |
426 hp |
0 – 60 mph |
4 seconds |
Battery guarantee remaining |
6 years or 78,000 miles |
Battery vary rating |
98 |
The Ford F-150 Lightning brings you all the nice options that made the common F-150 the bestseller for over 40 years, with a number of EV-related advantages. In addition to the large gasoline saving, the Lightning has sports activities automobile degree acceleration, a large trunk the place the engine would usually sit, and the flexibility to behave as an influence provide at work websites. The Lariat is the second-highest trim within the Lightning vary, so just about absolutely loaded with options. The one draw back on this and some other electrical truck is that towing instantly cuts the vary.
Different automobiles listed on this value vary
- 2023 Lucid Air Pure, $47,600, vary 410 miles
- 2024 Ford Mustang Mach-E, $41,990, vary 290 miles
- 2023 Genesis Electrified G80, $41,990, vary 282

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Vehicles between $40 and $30K
Primarily Premium SUVs
Kia
You’ll be spoiled for selection when you’ve got the funds to buy on this vary. Right here you’ll find the absolutely loaded Tesla Mannequin Y and even Mannequin 3, the German luxurious carmakers, Volvos, and the like.
Mercedes-Benz EQB SUV: $31,580/$58K, vary 234 to 256 miles
Mileage |
9,614 |
Gas effectivity mixed |
101 MPGe |
Drivetrain |
AWD |
Horsepower |
288 hp |
0 – 60 mph |
5.4 seconds |
Battery guarantee remaining |
6 years or 90,000 miles |
Battery vary rating |
97 |
The Merc EQB is the electric version of the popular GLB SUV, giving virtually the identical speciousness and fantastic end. The 288 horses and AWD makes it a fantastic automobile to drive. Although the vary is just not class-leading, it does provide good DC-fast charging. The EQB brings the posh and options you’ll count on from Merc in a compelling and sensible compact SUV.
2024 Kia EV6 SUV Wind, $31,990/new $50K, vary 311 to 326 miles
Mileage |
11,725 |
Gas effectivity mixed |
117 MPGe |
Drivetrain |
RWD |
Horsepower |
225 hp |
0 – 60 mph |
6.7 seconds |
Battery guarantee remaining |
9 years or 88,000 miles |
Battery vary rating |
97 |
The Kia EV6 is a superb SUV, very sharp seems to be, with a fantastic drive, slick inside, and loaded with options and driver help tech. The EV6 vary strikes from reasonably priced and frugal to the massively OTT 576 hp GT. Between these extremes, you’re going to get the selection of longer-range RWD fashions and extra highly effective, shorter-range AWD fashions. The EV6 was launched in 2022, when its sister automobile, the Hyundai Ioniq 5, was automobile of the 12 months. The EV6 is seen by many as actual competitors to the Tesla Mannequin Y, and whenever you examine them, you possibly can see why..
Different automobiles listed on this value vary
- 2023 BMW i4, $37,550, vary 287 miles
- 2023 Ford Mustang Mach-E GT, $36,988, vary 269 miles
- 2025 Chevrolet Blazer LT, $37,999, vary 307 miles
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Vehicles between $30 and $20K
Numerous actually good automobiles
Hyundai
This value vary will provide you with all kinds of EVs that promote for mid 40s to 50s, and lose a ton of value in a few years. The worth stays although, and a $50K EV that sells for $30K after two years is a discount in each manner. The tech remains to be new, the battery could have least six years of guarantee, and over-the-air software program updates will maintain the automobile updated.
2023 Hyundai IONIQ 5 SUV SE, $27,500/new $48K, vary 287 to 304 miles
Mileage |
10,915 |
Gas effectivity mixed |
98 MPGe |
Drivetrain |
AWD |
Horsepower |
320 hp |
0 – 60 mph |
4.5 seconds |
Battery guarantee remaining |
8 years or 89,000 miles |
Battery vary rating |
102 |
The Hyundai Ioniq 5, just like the EV6, is available in a spread of choices. You’ll definately discover them on the market over $30K, however there are lots accessible beneath $30K as nicely. The one listed right here is the extra highly effective AWD possibility, and just like the Kia EV6, is filled with options and high quality inside and exterior finishes. The Ioniq 5 has a extra outdoorsy, rugged vibe than the EV6, however beneath the pores and skin, they’re fairly comparable. There may be additionally an N mannequin with over 600 hp, however you in all probability will not discover it on this value vary.
2024 Honda Prologue EX 4dr SUV, $26,992/new $49K, vary 306 to 318 miles
Mileage |
2,693 |
Gas effectivity mixed |
95 MPGe |
Drivetrain |
AWD |
Horsepower |
288 hp |
0 – 60 mph |
5.9 seconds |
Battery guarantee remaining |
7 years or 97,000 miles |
Battery vary rating |
99 |
The Honda Prologue is an SUV with good vary, nice options, and cheap energy. If it seems to be acquainted, that’s as a result of it’s firmly primarily based on the Chevy Blazer EV, utilizing the identical platform, battery pack, and EV elements. The Prologue affords a few further options equivalent to Apple and Android connectivity, however beside that, the 2 fashions are nearly equivalent. Each are glorious automobiles, and selection might come down to cost on the day, with maybe a bit of name loyalty to tip the dimensions.
Different automobiles listed on this value vary
- 2023 Nissan Ariya Platinum+ e-4orce, $27,990, vary 285 miles
- 2023 Audi This autumn e-tron, $28,550, vary 259 miles
- 2023 VW ID.4 Professional S Plus, $28,550, vary 258 miles

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Vehicles between $30 and $20K
Leafs and Bolts
Nissan
In the event you persist with the 2023 standards, there will not be loads of decisions beneath $20K aside from the Nissan Leaf and Chevy Bolt. You may get different automobiles, however then they’re older, have extra miles, have been used as rideshare automobiles, have been in accidents, or have murky histories.
2023 Nissan Leaf S, $19,990/new $28,140, vary 151 to 159 miles
Mileage |
2,950 |
Gas effectivity mixed |
111 MPGe |
Drivetrain |
FWD |
Horsepower |
147 hp |
0 – 60 mph |
7.4seconds |
Battery guarantee remaining |
6 years or 97,000 miles |
Battery vary rating |
100 |
The Nissan Leaf was the primary reasonably priced EV and remains to be promoting nicely, regardless of competing with automobiles that provide twice the vary and far more energy. The Leaf appeals to those that drive round city and cost at residence, who need an reasonably priced small automobile that’s simple to drive and park, and prices subsequent to nothing to run. The Leaf, for its measurement, is sort of spacious, and has some good tech options as nicely. It’s handicapped by a charging system not appropriate with many public charging locations, however so long as your driving habits favor residence charging, you need to take pleasure in this little automobile.
2023 Chevrolet Bolt EV 1LT, $17,468/new (2023) $27,495, 246 to 265 miles
Mileage |
16,594 |
Gas effectivity mixed |
120 MPGe |
Drivetrain |
FWD |
Horsepower |
200 hp |
0 – 60 mph |
6.5 seconds |
Battery guarantee remaining |
6 years or 83,000 miles |
Battery vary rating |
98 |
The US EV market was in shock when Chevrolet pulled the plug on the Bolt in 2023. At the moment it was the most cost effective EV available on the market, competing with the Nissan Leaf, however with a way more compelling bundle. It’s a small automobile, however makes 200 hp for some nice EV acceleration. The Bolt has a reasonably helpful 250+ miles vary, and affords actual DC-fast charging that add 100 miles in half-hour. The excellent news is that Chevy is bringing again the Bolt, however time will inform in the event that they nonetheless hit the candy spot because the outdated Bolt did.
- 2023 Kia Niro EV, $19,455, vary 274 miles
- Largely Nissan Leaf and Chevy Bolt, with just a few different fashions with very excessive mileage, accident injury, or dodgy possession historical past.
Comparatively new used EVs provide unimaginable worth proper now, regardless of which value level you might be buying at. One can find extra worth throughout the board than most new automobiles on the identical value, with the lengthy EV guarantee maintaining the used automobile helpful for longer.

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