Even though electric cars are usually more expensive than the average car, there are still many affordable options available. Some of the most affordable electric cars cost less than $10,000. These vehicles might not be as fast or able to go as many miles on a single charge as some higher-end luxury models, but they’re perfect for drivers who primarily drive short distances and spend most of their time in city settings.
Since most electric cars have a starting price of $7,000 and $50,000, it can be tough to find cheap models that also have eco-friendly features. Here are the top 5 cheapest electric cars Canada you must know about:
2017 Hyundai Ioniq Electric
This affordable electric car is available as a hybrid and all-electric model. The hybrid model can travel up to 40 miles on a single charge and the all-electric model can travel up to 99 miles on a single charge.
Both versions can be purchased with a $9,500 federal tax credit and up to $2,500 in state rebates for the plug-in hybrid or up to $4,000 in state rebates for the all-electric model. In addition, the affordable hybrid and all-electric models can be leased for as little as $179 per month with $2,499 due at signing.
Drivers should note that the Ioniq Electric’s small size and short range make it unsuitable for many people. To make up for the car’s small size, the Ioniq Electric has a large touchscreen in the center console.
The touchscreen offers numerous features, including Apple CarPlay, Android Auto, navigation, and UV monitoring. While Hyundai’s Ioniq Electric doesn’t have a large selection of options, it is an affordable electric car with a low monthly payment.
2017 Renault Twingo
The Twingo is one of the cheapest electric cars, although it has a limited range and can only be purchased. The Twingo is a small coupe that seats two people. Drivers who want to purchase the car will need to spend around $18,000. It’s in the same price range as the Hyundai offerings.
The Twingo can travel up to 93 miles on a single charge and has an eight-hour charge time. It also offers Android Auto and Apple CarPlay for the in-car touchscreen. However, the Twingo has a small interior that might be too snug for taller people. The low price, electric plug-in powertrain, outstanding acceleration, and easy lease terms make the Twingo an attractive option for eco-friendly drivers.
2018 Kia Soul EV
Kia’s Soul EV is a five-door electric vehicle that seats up to five passengers. It comes in three trims, including the Exclaim, the Exclaim Eco, and the Exclaim Eco Plus. The Exclaim is the base model, the Exclaim Eco is equipped with a larger battery and the Exclaim Eco Plus is the fully loaded model. Charging the battery takes 10 hours on a 240-volt charger and seven hours on a Level 2 charger. The base model has an EPA-estimated 93 miles on a single charge, while the larger battery has an EPA-estimated 120 miles on a single charge.
The Soul EV also offers Apple CarPlay and Android Auto for the touchscreen and navigation. Drivers who want to lease the Soul EV can choose from two different lease terms. The first lease term is $349 per month with $2,499 due at signing. The second lease term is $429 per month with $2,499 due at signing. The two lease terms and the fully loaded model make the Soul EV a cheap electric car with many features.
2018 Nissan Leaf
Nissan’s Leaf is a fully electric car with a range of up to 110 miles on a single charge. The car costs $35,000 and comes with standard features such as a touchscreen radio, navigation, Bluetooth, rearview camera, and USB ports. The Leaf is one of the cheapest electric cars because it comes with a $9,500 federal tax credit and up to $5,000 in state rebates. The base model is the S grade and the midgrade SV trim.
The SV trim can be upgraded to the SL trim with a few options. With the SL trim, the Leaf has additional safety and driver assistance features, including ProPilot Assist. The Leaf also offers Apple CarPlay and Android Auto for the touchscreen. The Leaf is a fully electric car with many standard features, a large touchscreen, and driver assist features. The only drawback is the price. The Leaf costs more than $35,000 with the most popular trims, so it’s not the cheapest electric car. It’s not the least expensive or the most efficient vehicle on this list, but it makes no sacrifices for the sake of fuel economy.
2018 Tesla Model 3
Tesla’s Model 3 is one of the most popular electric cars in Canada. The Model 3 is fully electric, has an EPA-estimated range of 220 miles on a single charge, and starts at $35,000 which is one of the cheapest Tesla model for electric cars. The Model 3 also has many standard features, including a touchscreen radio, Bluetooth, USB ports, and a rearview camera. Drivers can upgrade to a Performance version that starts at $64,000.
The performance model has a larger battery that can travel up to 310 miles on a single charge. It can also be upgraded with a larger battery, which increases the range to 335 miles on a single charge. The Model 3’s large touchscreen can be upgraded with navigation, Apple CarPlay, and Android Auto. The Model 3 is one of the top choices for electric car shoppers. It has a long-range, many standard features, and a large touchscreen. It also has a low price, with the most expensive model costing $64,000.
Frequently Asked Questions
Why buy electric vehicles?
The price of gas will always fluctuate, but the cost of electricity is relatively stable. Electric car owners have the benefit of knowing exactly how much money they’ll be spending every month. Electric car owners also don’t have to worry about the rising cost of gas and higher gas prices in their area. Plus, many electric cars are eligible for tax credits and provincial rebates that can lower their purchase price.
Electric cars are good for the environment, and some models like the cheapest Tesla model and Mini Cooper SE are even capable of producing zero emissions. Electric cars produce no greenhouse gases or other pollutants, which can improve air quality and reduce the risk of climate change.
How long do electric motor cars last?
Electric cars can last for decades, but the longevity of each model will depend on the owner’s care and maintenance. Fortunately, most electric cars can be maintained like traditional gas-powered cars, so drivers don’t have to learn any new skills or techniques. However, drivers should follow the recommended tire pressure for the car’s tires to ensure the tires last as long as possible.
Electric motor cars are expected to last longer than gasoline-powered cars because there aren’t as many moving parts in the vehicles. Electric cars only have a few moving parts compared to gas-powered cars, which have many moving parts in the engine and transmission. The moving parts in an electric car are also smaller, so they don’t wear out as quickly.
What are the advantages of electric cars?
Lower long-term costs
As mentioned above, electric cars are an affordable option because they have much lower long-term ownership costs than hybrid and gasoline cars.
Luxury Features
Many of the most affordable new electric cars come with luxury features like heated seats and large touchscreens.
Few moving parts
Electric cars have few moving parts, so they don’t require as much maintenance as hybrid or gasoline cars.
Minimal noise
Electric cars are quieter than gasoline cars, which is great for city dwellers who live near busy streets.
Final Thoughts
Choosing an electric car is a big decision, but it’s an eco-friendly and financially smart decision. Electric vehicles are cheaper to maintain than gasoline-powered cars because they have fewer moving parts. They also don’t use as much fuel, which can save drivers money at the pump. Electric cars are also cheaper to fuel since they run on electricity.