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Electrical vehicles (EVs) are gaining popularity. As a result, fully-electric battery electric vehicles (BEVs) aren’t just premium-priced luxury options like the Tesla Model S anymore. Instead, some of the most affordable EVs have the potential to save you money with shrinking price tags. Check out iSeeCars’ list of cheap new electric cars, like the Chevrolet Bolt EUV, Hyundai Kona EV, and MINI Electric Hardtop. 

Which EV is the best value for money?

According to iSeeCars’ list of new electric vehicles by cost, these five gasless options are the cheapest on the market:

  • Chevrolet Bolt EV
  • Chevrolet Bolt EUV
  • Nissan LEAF
  • MINI Hardtop
  • Hyundai Kona EV

Still, while iSeeCars’ list includes average new car prices, all of these vehicles have lower starting prices than the compilation indicates. For instance, the list shows the Chevrolet Bolt EV with an average new car price of $31,214. However, Electrek shows a starting price of around $26,500 after General Motors lowered and then raised the price in 2022. 

Is a Chevy Bolt worth buying?

The 2023 Chevrolet Bolt EV, like the Hyundai Kona EV and Nissan LEAF, has the cheap electric car market in its sights. Moreover, the Chevy model promises an electric range of around 259 miles on a single charge. It’s definitely worth considering among the newest economy EVs.  

Furthermore, the Bolt EV tops iSeeCars’ list of cheap electric cars with the lowest average new car prices. Also, even though its sibling, the Bolt EUV, is larger, the Bolt EV will accommodate 16.6 cubic feet of storage and seat five passengers, meaning it’s affordable and practical. 

What is the difference between Bolt EUV and EV?

The Bolt EUV shares the Bolt EV’s 65-kWh lithium-ion battery architecture and 200-horsepower electric motor. However, the EUV is larger; it’s around six inches longer and weighs more than the EV. Moreover, the EUV has underfloor storage and extra interior space compared to the Bolt EV. 

The Chevrolet Bolt EUV shows off its cheap electric car dimensions and Redline trim in a dark warehouse.
2023 Chevrolet Bolt EUV Redline Edition | General Motors

However, the Bolt EUV has an electric range of around 247 miles due to the extra size and weight. Still, with an average new car price of about $35,312, the EUV snags a spot on iSeeCars’ list of cheap electric cars.  

How much is a new Nissan LEAF?

Nissan says its new 2023 LEAF S starts at around $28,040. Additionally, the higher-trim SV PLUS starts at about $36,040. However, iSeeCars shows an average new car price of about $36,339 for the Nissan EV. 

Still, the entry-level LEAF has an EPA-estimated range of 150 miles on a single charge. That’s hardly up to Chevrolet Bolt EUV and EV standards.  

How much does a new MINI Electric Hardtop cost?

The MINI Hardtop EV starts at around $30,700 for the entry-level Cooper SE Signature edition. However, the higher-tier SE starts at about $34,750. The SE adds interior and exterior upgrades like a Piano Black trim and Harman Kardon sound system. 

A MINI electric car shows off its cheap yet stylish fascia while it drives with a BMW i4.
MINI Electric Hardtop | BMW

Still, both trims promise just 114 miles of electric range. As a result, the MINI Electric Hardtop has the shortest range on iSeeCars’ list of five cheap new electric cars.  

How much should I pay for a Kona EV?

The 2023 Hyundai Kona EV starts at around $34,885, but iSeeCars says that the Kona’s average new car price is closer to $40,341. Still, the Kona EV offers an electric range of around 258 miles, just one mile behind the Bolt EV. 

A Hyundai Kona EV poses for a picture on a flight line.
Hyundai Kona EV | Hyundai

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