Most popular models fall between $35,000 and $55,000 . Hyundai Ioniq 5 SE : Slashed to ~$37,500 Kia EV3 : Anticipated starting price around $35,000
EVs in 2026 are depreciating roughly 15% year-over-year , which is faster than gas cars, benefiting used-market buyers. Incentives & Tax Credits how much does an electric car cost to buy
High-end models typically exceed $70,000 , with ultra-luxury electric vehicles costing $100,000 to $500,000+ . Used EV Market: The Value Play Most popular models fall between $35,000 and $55,000
Used EVs are often significantly more affordable, with prices frequently undercutting equivalent gas cars in 2026. Most popular models fall between $35