Trending Now - Top Affordable Used Electric Vehicles You Can Buy Now

WHO:

ABC News Business - Edmunds, an automotive website, is referenced as the source of information regarding used electric vehicles (EVs).

AP News - Edmunds is mentioned as the source of information regarding used electric vehicles (EVs).

WHAT:

ABC News Business - Used electric vehicles can be found at bargain prices, with steep depreciation making 3-year-old EVs more affordable than gas counterparts.

AP News - The average pricing for the Bolt EV and Bolt EUV (2021-2023 models) is about $18,000.

AP News - The average pricing for the Kona Electric (2022-2024 models) is about $19,000.

AP News - The average pricing for the Ioniq 5 (2022-2024 models) is about $25,000.

AP News - The average pricing for the Tesla Model 3 (2022-2024 models) is about $26,000.

AP News - The average pricing for the Q8 E-tron (2022-2024 models) is about $34,000.

AP News - The Bolt EV has an EPA-estimated range of up to 259 miles, while the Bolt EUV can go up to 247 miles.

AP News - The Kona Electric has a maximum EPA-estimated range of more than 250 miles.

AP News - The Ioniq 5 has an EPA-estimated range of up to 303 miles for the single-motor version.

AP News - The Q8 E-tron has an EPA-estimated range of 226 miles for the 2023 model and 285 miles for the 2024 version.

WHERE:

AP News - The information pertains to the used electric vehicle market in the United States.

WHEN:

AP News - The Bolt EV debuted for the 2017 model year and remained in production until 2023.

AP News - The Kona Electric was redesigned for the 2024 model year.

AP News - The Ioniq 5 debuted in 2021 and has models available from 2022 to 2024.

AP News - The Tesla Model 3 was updated for the 2024 model year.

AP News - The Q8 E-tron debuted for the 2019 model year.

WHY:

AP News - Increased shopper interest in hybrids, plug-in hybrids, and fully electric vehicles is attributed to rising gasoline prices.

HOW:

AP News - Buying a used EV is suggested as a way to save money, with the added benefit of an eight-year/100,000-mile battery warranty offered by some brands.

(UPDATED April 1, 2026 17:23 UTC)

Used electric vehicles are becoming increasingly affordable, with steep depreciation making three-year-old models cheaper than their gas counterparts, according to Edmunds. For example, the average price for a 2021 to 2023 Bolt EV is around $18,000, while the Ioniq 5 averages about $25,000 and boasts an EPA-estimated range of up to 303 miles. As gasoline prices rise, more shoppers are turning to hybrids and fully electric vehicles, making the option of buying a used EV not only budget-friendly but also backed by warranties on the battery for up to eight years or 100,000 miles.