Top 10 Best Value Electric Cars To Buy Now

Top 10 Best Value Electric Cars To Buy Now

Choice & Deals Are Out There

With more electric cars entering the market, there is greater choice available for the consumer. As technology develops, and newer, better options become available, there is now real value to be had in owning an electric car.

This list considers the Top 10 Best Value battery electric cars that are on the market right now–based on the publicly announced lease prices, along with the range you get at the price. All the lease prices listed here are for 36-months, and based on the manufacturer’s price. They do not include down payments, and these costs may vary between different dealerships and locations. Deals can be had, as anyone who’s shopped EVs knows.

The range listed for each car is also based on the EPA guidelines, though these will vary in the real world depending on speed, weather and terrain (amongst other factors). While these figures are only guidelines, therefore, they offer a good indication of what you’re getting for your money.

We’ve added links to some of Clean Fleet Report’s test drives and news of the listed models.

  1. 2017 Chevrolet Bolt

Lease price: $329/month, range: 238 miles

Chevrolet Bolt

Bolts top our list

Boasting the best range on this list, the Chevy Bolt is the first “affordable” car to compete with Tesla’s range. While it is more expensive than the other cars on this list, its enormous range makes the Bolt a potential game-changer for the electric car market. We like it a lot; one Clean Fleet Report writer even leased one.

  1. 2017 Hyundai Ioniq Electric

Lease price: $275/month, range: 124 miles

Available in various configurations, including traditional and plug-in hybrids, as well as electric, the Ioniq is extremely flexible. Despite its lease price and range, the Ioniq seems to have gone under the radar compared to others on this list, but is a steal at $275/month.

  1. 2017 Volkswagen e-Golf

Lease price: $279/month, range: 125 miles

Featuring a big range boost from the previous model, the 2017 e-Golf now has a 125-mile range compared to 83 before, and at $279/month is a bargain for a car with this range.

  1. 2017 Ford Focus Electric

Lease price: $204/month, range: 115 miles

With an increased range and lower price, the 2017 Focus Electric is a big upgrade on the previous model, and is a good value, sporty car.

Fiat 500e

Fiat 500e

  1. 2017 Fiat 500e

Lease price: $89/month, range: 84 miles

First in the style-stakes, the Fiat 500e is pretty much a design classic – combining retro charm with bright and quirky colours. While other cars on this list offer a superior range, none can compete with the 500e in the price-stakes.

  1. 2017 Nissan Leaf

Lease price: $199/month range: 107 miles

2017 Nissan Leaf

2017 Nissan Leaf

The best selling electric car of all time, the Leaf is still the standard-bearer and is a roomy compact with a good range. With the Focus Electric outperforming it at a similar price, however, there is better value to be had in an increasingly busy market. Leaf deals may increase before the longer-range, restyled 2018 model hits dealers.

  1. 2017 Kia Soul EV

Lease price: $159/month, range: 93 miles

The Soul EV is a spacious car, with room for five passengers and plenty of cargo space. Boasting one of the lowest lease prices in the market and a decent range, this is a real bargain.

  1. 2017 BMW i3

BMW i3

BMW i3

Lease price $289/month, range: 81 miles

The popular i3 is a good looking and luxurious electric car, with a competitive price for a prestige brand. WIth the 2017 range extender, the i3’s performance is boosted even further to 125 miles, for $329/month, a good price for a quality vehicle.

  1. Honda Clarity EV

Lease price: $269/month, range: 89 miles

Performing well since its release in August, the Clarity EV is a big, spacious sedan. While there are better value cars on this list in terms of range and lease price, this is still a quality vehicle.

  1. Tesla Model 3

Lease price: not released, range: 215 miles

While Tesla are having some issues with production, the Model 3 represents the manufacturer’s first foray into the affordable market. With a range matched only by the Bolt, the Model 3 is a luxurious sedan at a great price (the base MSRP is $35,000). Expect this car to shoot up the list once Tesla releases leasing details.

News: Honda Surprises with 80-Mile Range for Clarity EV

News: Honda Surprises with 80-Mile Range for Clarity EV

In the Middle in Size, But Low in Range

In 2003, a small startup in Silicon Valley called Tesla Motors announced to the world that it would build an electric car with more than 200 miles of range. Five years later, they proved it could be done with the right resources and the right people (and a body produced by Lotus).

Honda Clarity EV

The Clarity EV is expected to have the same profile as its fuel cell cousin

Eight years after that, Chevrolet proved that 200 miles of electric range was possible, at haft the Tesla’s $70,000 (or higher) price tag.

Over the past 10 years, both of these manufacturers showed us that long-range battery technology is no longer relegated to science fiction and visions of the future; that both luxury and economy cars could be environmentally friendly and usable every day.

So why then, you might ask, did Honda recently announce that its new Clarity EV would have an electric range of only 80 miles; one of the lowest all-electric ranges on the market.

That figure puts the Clarity EV well behind the almost all of its competitors, and directly conflicts with the manufacturer’s reputation for innovation.

Price Big Factor

According to Honda, one major factor for the low range was price. When asked about this decision, Vice President of Environmental Business Development at American Honda Motor, Steve Center, had a very clear answer.

“A pillar of the Honda brand is affordability, and if Honda came out with some obscenely priced long-range electric car, what does that do for the brand?” Center told Automotive News. “Most of our customers would not be able to acquire it.”

Price was not the only consideration, however, and Honda is confident that its new Clarity EV will follow its current Clarity Fuel Cell in filling a market gap currently uninhabited by any other brand. Honda will also field a plug-in hybrid variant of the Clarity.

The Market Metrics

Chevrolet’s Bolt is affordable and long-range, but small. Tesla’s Model S and X are large and long-range, but costly. The Tesla Model 3 will be less costly and long-range, but also small. And the second-generation Nissan Leaf is expected to be small and inexpensive, but still modest in range (though substantially longer than the Clarity).

Honda Clarity EV

A midsize interior should distinguish the Clarity EV

With these considerations, and a target category in mind, Honda didn’t really leave itself any leeway to fit a longer range battery; which would be heavier, costlier and take the Clarity EV into a different segment. So their goal is to be a midsize, inexpensive, but short-range electric car.

Prices for the Clarity EV are expected to start at around $35,000 (before tax credits or incentives), which would indeed make it somewhat cheaper than most of its competitors. Whether or not the limited range will prove to be detrimental to the sales of the Clarity EV remains to be seen.

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