Abstract
- Reasonably priced luxurious EVs can be found on the identical worth as new Corollas, providing nice worth.
- Used EVs in numerous worth ranges provide comparable options and warranties to new fashions.
- Comparatively new used EVs present glorious worth with lengthy warranties, excellent specs, and robust efficiency in numerous worth classes.
The truth that you may get 2022 Mannequin Y degree EV for a similar worth as a brand new Corolla means luxurious at a price range worth. The typical worth for a brand new Mannequin Y in Might was $53K, whereas the common MSRP for a brand new Corolla is $25K. The Corolla is a nice car, however it’s not a Model Y.
This made me interested in what precisely you’d get in the event you paid extra for a used EV. The typical new automotive MSRP in Might was almost $51K and EV about $58K. This appeared like a superb start line, so I went in search of what sort of used EV I might get if for $50K and fewer.
The outcomes actually stunned me, so I additional subdivided my analysis down from $50-$40K, $40-$30K, and $30-$20K. I stored my standards tight, in search of 2023 and newer fashions, mileage below 30,000, one proprietor, no accidents. I do know many readers need good however low-cost, so I looked for $20-1$5K as properly, nonetheless 2023 fashions. Many of the automobiles listed beneath are below 20,000 miles, with fairly just a few below 10K.
I picked the Twin Cities as a big Midwestern inhabitants heart, and searched inside 500 miles. I subjectively picked a few automobiles in every worth class, with a quick description, and listed just a few extra. So this was out there on the time of writing.
MSRP is the producer’s prompt retail worth, excluding any non-compulsory extras, supply charges, and so forth., and earlier than any incentives. The 12 months mannequin of an EV is necessary, 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 a minimum of 80,000 miles of guarantee left.
I didn’t embody Tesla fashions on this record, 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 adverse 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 automotive, 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 probably the most over the primary couple of years, it doesn’t matter what powertrain they use. Luxurious EVs lose worth the quickest. Electrical pickup vans are barely totally different, as a result of they preserve their utility as work or life-style automobiles.
2023 BMW iX xDrive50: $49,990/$88K new/vary 312 to 326 miles
Mileage |
20,997 |
Gasoline 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 probably the most succesful mid-size electrical SUV. If you happen to can look previous the exaggerated beaver tooth grille, this Beemer is a reasonably handsome automotive. 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 worth as the common automotive within the US. There’s additionally a 610-hp M60, however you will not discover it at this worth, if in any respect.
Ford Lightning Supercrew Lariat: $46,579/$76K new/vary 240 miles
Mileage |
21,729 |
Gasoline 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 good options that made the common F-150 the bestseller for over 40 years, with a number of EV-related advantages. Apart from the huge gasoline saving, the Lightning has sports activities automotive 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 worth 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 if in case you have the price range to buy on this vary. Right here one can 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 |
Gasoline 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 nearly the identical speciousness and positive end. The 288 horses and AWD makes it an excellent automotive to drive. Regardless that the vary will not be class-leading, it does provide good DC-fast charging. The EQB brings the luxurious and options you’d anticipate 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 |
Gasoline 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 appears to be like, with an excellent drive, slick inside, and loaded with options and driver help tech. The EV6 vary strikes from inexpensive 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 automotive, the Hyundai Ioniq 5, was automotive of the 12 months. The EV6 is seen by many as actual competitors to the Tesla Mannequin Y, and while you evaluate them, you may see why..
Different automobiles listed on this worth 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
A lot of actually good automobiles
Hyundai
This worth vary offers you all kinds of EVs that promote for mid 40s to 50s, and lose a ton of worth in a few years. The worth stays although, and a $50K EV that sells for $30K after two years is a discount in each means. The tech remains to be new, the battery could have least six years of guarantee, and over-the-air software program updates will preserve the automotive updated.
2023 Hyundai IONIQ 5 SUV SE, $27,500/new $48K, vary 287 to 304 miles
Mileage |
10,915 |
Gasoline 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 a lot out there below $30K as properly. 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 below the pores and skin, they’re fairly comparable. There’s additionally an N mannequin with over 600 hp, however you in all probability will not discover it on this worth vary.
2024 Honda Prologue EX 4dr SUV, $26,992/new $49K, vary 306 to 318 miles
Mileage |
2,693 |
Gasoline 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 affordable energy. If it appears to be like acquainted, that’s as a result of it’s firmly based mostly on the Chevy Blazer EV, utilizing the identical platform, battery pack, and EV parts. The Prologue gives a few additional options reminiscent of 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 brand name loyalty to tip the dimensions.
Different automobiles listed on this worth 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
If you happen to persist with the 2023 standards, there should not numerous selections below $20K apart from the Nissan Leaf and Chevy Bolt. You will get different automobiles, however then they’re older, have extra miles, had been used as rideshare automobiles, had been in accidents, or have murky histories.
2023 Nissan Leaf S, $19,990/new $28,140, vary 151 to 159 miles
Mileage |
2,950 |
Gasoline 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 inexpensive EV and remains to be promoting properly, 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 dwelling, who need an inexpensive small automotive that’s straightforward to drive and park, and prices subsequent to nothing to run. The Leaf, for its dimension, is kind of spacious, and has some good tech options as properly. It’s handicapped by a charging system not appropriate with many public charging locations, however so long as your driving habits favor dwelling charging, it is best to take pleasure in this little automotive.
2023 Chevrolet Bolt EV 1LT, $17,468/new (2023) $27,495, 246 to 265 miles
Mileage |
16,594 |
Gasoline 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 automotive, however makes 200 hp for some nice EV acceleration. The Bolt has a reasonably helpful 250+ miles vary, and gives 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 harm, or dodgy possession historical past.
Comparatively new used EVs provide unbelievable worth proper now, irrespective of which worth level you might be procuring at. You will see extra worth throughout the board than most new automobiles on the identical worth, with the lengthy EV guarantee conserving the used automotive helpful for longer.

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