deals

It’s not easy to find great deals in the current environment of increased demand and constricted supply. Still, we managed to find several good electric vehicle deals worth considering, especially for those that find themselves in a situation where they absolutely need to get a car right now.

EV shoppers that currently own a used vehicle (electric or not) that has drastically appreciated in value over the past several months should also take notice. Harvesting that trade-in value while scoring a decent deal on a new EV could mimic those great EV deals that were common in the not-so-distant past. As always, check our Electric Vehicle Best Price Guide and Electric Vehicle Best Lease Guide for the best deals on EVs in the US.

During our monthly search for the best EV discounts, we found four models – two BEVs and two PHEVs – that can cost less than $20,000 before tax and license. Considering the average used vehicle price as reported by USA Today was trending upward at $21,558 in July, and that the average new vehicle transaction price is just shy of $40,000 ($39,259 to be exact, per Kelly Blue Book), $20K for a brand-new electric vehicle looks like a relative bargain.

Note this is the last week we’ll include PHEVs in our roundups. Our resolution for 2021 is BEVs only!

It’s quite fascinating to follow the pricing of Tesla’s certified pre-owned Model S’s (CPOs), especially since the vehicle has been on the market for almost 4 years now. Overall the Model S has been able to retain its value impressively well, it has the highest value retention of all electric vehicles and most gasoline vehicles according to a NADA report published last year, but nonetheless, we are starting to see some great bargains for early models.
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