8 EVs To Buy for Under $40,000

Want to buy an electric vehicle before the year is over, but have a tight budget to be mindful of? Searching Kelley Blue Book, GOBankingRates was able to find eight EVs with starting prices under $40,000. One popular model even starts for less than $30,000!

Be Aware: Auto Experts Say Stop Buying These 4 Hybrid Cars Immediately

Learn More: 6 Safe Accounts Proven To Grow Your Money Up To 13x Faster

Take a look at the most affordable EVs to buy for less than $40,000 in 2025, ranked from cheapest to most expensive.

Nissan Leaf parked by the seaside.

2025 Nissan Leaf

  • Starting price: $29,280

Explore More: The One Vehicle Feature That’s Always Worth the Money for Retirees, According to Car Experts

Trending Now: Here’s What It Costs To Charge a Tesla Monthly vs. Using Gas for a Nissan Altima

2019 Fiat 500e

2025 Fiat 500e

  • Starting price: $32,495

That’s Interesting: The 5 Car Brands Named the Least Reliable of 2025

2020 Hyundai Kona Electric

2025 Hyundai Kona Electric

  • Starting price: $34,470
Front 3/4 view of 2024 Chevrolet Equinox RS in Radiant Red Tintcoat.

2025 Chevrolet Equinox EV

  • Starting price: $34,995
2024 Toyota bZ4X Limited AWD HeavyMetal

2025 Toyota bZ4X

  • Starting price: $38,465

See More: I Asked ChatGPT If It’s Cheaper To Own an EV or a Hybrid in 2025: Here’s What It Said

Hyundai Ioniq Electric

2025 Hyundai Ioniq 6

  • Starting price: $39,095
2024 Subaru Solterra

2025 Subaru Solterra

  • Starting price: $39,915
Ford Mustang Mach-E

2025 Ford Mustang Mach-E

  • Starting price: $39,990

Photo disclaimer: Photos are for illustrative purposes only.

More From GOBankingRates

This article originally appeared on GOBankingRates.com: 8 EVs To Buy for Under $40,000

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.