5 Electric Vehicles With the Worst Value

What gives an EV its value? When you listen to and read about electric cars and SUVs, the topic of driving range almost always comes up. If we push aside the luxury qualities of a Mercedes-Benz, a GMC Sierra’s capability, or the incredible range of the Lucid Air and only focus on price and driving range, something interesting appears. We find the worst electric vehicles to drive based solely on value as a product of driving range and price.

Which electric vehicles have the worst value?

When we consider only EVs’ price and driving range, some models come out smelling like roses while others leave us questioning our decision-making abilities. These are the ten worst electric vehicles for value when considering only these factors:

  • 2023 BMW i7 – 318 miles – $119,300
  • 2023 Mercedes-Benz EQS SUV – 305 miles – $104,400
  • 2022 GMC Hummer EV – 329 Miles – $108,700
  • 2023 Tesla Model X – 351 Miles – $109,990
  • 2022 Mercedes-Benz EQS 450+ – 350 Miles – $102,310
  • 2022 Rivian R1S – 316 miles – $92,000
  • 2023 Polestar 3 – 300 miles – $83,900 – 280
  • 2024 GMC Sierra EV Denali – 400 Miles – $107,000
  • 2023 Lucid Air – 516 Miles – $138,000
  • 2024 Volvo EX90 – 300 miles – $80,000

Strangely, the worst value using only driving range and vehicle price also brings us some of the most highly regarded new EVs in the market. Many of these electric SUVs and electric cars have the greatest driving range. This just goes to show you that you’ll have to pay more if you want a greater driving range in your EV.

2023 BMW i7

2023 BMW i7 Electric Luxury Car posed in a desert setting
2023 BMW i7 Electric Luxury Car | BMW

The new flagship sedan from BMW is the new i7. This big sedan takes on the Mercedes-Benz EQS sedan for the top luxury electric car market position. The i7 is only offered in the xDrive60i configuration, but we expect more versions to become available soon. You’ll find standard AWD, leather upholstery, a 12-3 inch digital instrument screen, and a 14.9-inch infotainment touchscreen in this luxury electric sedan.

2023 Mercedes-Benz EQS SUV

2023 Mercedes-Benz EQS All-Electric Luxury SUV driving around a curve
2023 Mercedes-Benz EQS All-Electric Luxury SUV | Mercedes-Benz

The largest electric SUV in the Mercedes-Benz lineup is the new EQS SUV. This seven-seat SUV brings plenty of power and the option of either RWD or AWD for consumers to find the right model to drive. All EQS SUV models include the MUBX infotainment system on a 12.8-inch screen. The 450+ model also features a panoramic glass roof, giving you and your passengers an open-air feeling. Standard seating gives you room for five, but the optional third row can increase that number to seven in the Mercedes-Benz EQS SUV.

2022 GMC Hummer EV

2022 GMC Hummer EV splashing through the water
2022 GMC Hummer EV | GMC

Among the five worst electric vehicles for value, the GMC Hummer EV is the only truck and the only vehicle that doesn’t come from a luxury brand name. The Hummer EV came to the electric vehicle market and proved just how cool an EV could be. This 9,000-pound beast can rocket to 60 mph in three seconds, drive diagonally around off-road obstacles, raise and lower itself to handle items in its path, and sits much higher than most other EVs.

2023 Tesla Model X

2023 Tesla Model X with Open Gullwing Rear Doors
2023 Tesla Model X with Open Gullwing Rear Doors | Tesla

The Tesla Model X is an impressive midsize luxury electric SUV that delivers the range, comfort, and quality you want in a futuristic vehicle. The top driving range is achieved in the base model with a five-passenger configuration and 20-inch wheels. This EV can hit 60 mph in 3.8 seconds, which is pretty quick. Of course, if you choose the more powerful Plaid model, you can sprint to highway speeds in 2.5 seconds. This Tesla presents all driving controls on a large touchscreen, and it features one of the most unique features in the industry, a set of rear gullwing doors.

2022 Mercedes-Benz EQS 450+

2023 Mercedes-Benz EQS Electric Car driving on a road
2023 Mercedes-Benz EQS Electric Car | Mercedes-Benz

One of the first efforts in the bid for Mercedes-Benz to go all-electric is the EQS sedan. This electric car is the counterpart to the venerable S-Class sedan. It’s just as classy and impressive as the heritage model. The 450+ model offers the longest driving range for the EQS sedan, but there is a more powerful 580 version for drivers searching for a bit more fun. U.S. News & World Report tells us the cabin of this electric sedan is perfectly built to meet your luxury expectations, giving you an impressive Mercedes-Benz to drive and admire.

These five electric vehicles are only considered the worst for value based on price and driving range. All five are exceptional models with much more to offer than we’ve covered.

Next, check out some of the highest-value EVs, or learn more about some of the highest-priced electric vehicles in this video below:


Mercedes-Benz Stays Inoffensive With the New EQB Electric Luxury SUV