Best US EV prices and deals in a high-demand market

Trending 2 weeks ago 4

Looking to bargain an electrical conveyance close now? So is everyone else, apparently. In-stock trader inventories of EVs are sparse astatine best, if not wholly decimated, contempt a lofty average transaction terms northbound of $66,000. But don’t suffer anticipation – determination are comparative bargains that terms beneath $66,000, merchantability astatine adjacent to MSRP, and are disposable for transportation sooner than later.

As always, cheque our Electric Vehicle Best Price Guide and Electric Vehicle Best Lease Guide for the prices and deals connected EVs successful the US.

Chevrolet Bolt EV and EUV

Based connected our latest survey of existent trader inventory, the Bolt EV and EUV are the astir disposable electrical vehicles successful the nation. Couple that with our reappraisal this week calling the Chevy Bolt the champion Value EV successful America. However, galore of these vehicles are “in transit,” “reserved,” “sale pending,” oregon different instantly unavailable. Good quality is that the hold clip for vehicles successful transit appears to beryllium connected the abbreviated side, measured successful days and weeks alternatively than months.

GM bolt production

Chevrolet started advertizing immense rebates connected its 2022 Bolt lineup soon aft announcing a $6,000 terms chopped for the 2023 models. A caller Bolt EV tin present beryllium had for arsenic small arsenic $26,595 aft a $5900 rebate, portion a rebate of $6,300 connected a Bolt EUV drops its nett outgo down to $28,195 earlier tax, license, and immoderate authorities incentives.

We recovered a fig of dealers advertizing their inventory astatine MSRP earlier rebates, a invited show successful a marketplace wherever the mean transaction terms of a non-luxury conveyance is $1,017 implicit MSRP. Our latest investigation of information from caller car pricing websites aligns with the figures we’re seeing successful online trader inventories, with the just worth of a 2022 Bolt EV/EUV averaging to $335 beneath MSRP earlier rebates are applied. That’s the champion we’ve seen successful months for immoderate electrical vehicle. 

Prefer to lease? If so, Chevrolet continues arsenic the king of low-cost EV leases by offering the Bolt EV astatine $219/month for 36 months, $2,849 owed astatine signing, which calculates to an mean monthly outgo of $292 earlier taxation and license. Their Bolt EUV lease woody comes successful somewhat higher with an mean monthly outgo of $315/month. Both offers undercut mill lease presumption for the Nissan LEAF S ($382-$438/month), Hyundai Kona Electric ($380/month), Mazda MX-30 ($355/month), and Nissan LEAF SL Plus ($544-$587/month) by a noticeable amount. Look for deals connected a Chevrolet Bolt EV oregon Bolt EUV successful your area.

2022 Chevrolet Bolt EV: MSRP $32,495 (1LT). 5-passenger, 4-door crossover. Range: 259mi. Cargo space: 16.6 cu ft; 57 cu ft with rear seats down. 0-60 mph: 6.5s.

2022 Chevrolet Bolt EUV: MSRP $34,495 (LT). 5-passenger, 4-door crossover. Range: 247mi. Cargo space: 16.3 cu ft; 56.9 cu ft with rear seats down. 0-60 mph :6.7s.

Volkswagen ID.4

The ID.4 has been fundamentally nonexistent successful trader inventories for overmuch of the year, that is until precocious arsenic 2022 models of the ID.4 started arriving astatine VW showrooms crossed the nation. It’s present among the astir disposable electrical conveyance by our observations, and proviso is expected to further amended this autumn with the recent commencement of ID.4 accumulation successful Chattanooga, Tennessee.

EPA scope  ID.4

As acold arsenic pricing, we ran crossed 2 dealerships – Orr VW successful Texas and O’Meara VW successful Colorado – that are discounting the ID.4 by implicit $1,000. Extraordinary, considering astir different Volkswagen retailers database their banal astatine MSRP, and information we’ve gathered from assorted caller car pricing websites indicates an mean markup of $663. Variance is worst successful the San Francisco/San Jose area, wherever just terms estimates scope from $339 beneath MSRP to a achy $4,561 implicit MSRP – truthful buyers successful that country truly request to store astir and negociate to debar being fleeced. Check VW ID.4 availability and pricing successful your area.

2022 Volkswagen ID.4: MSRP $42,525 (Pro S RWD), $50,705 (Pro S AWD). 5-passenger, 4-door SUV. Range: 280mi (Pro RWD), 245mi (Pro S AWD). Cargo space: 30.3 cu ft; 64.2 cu ft with rear seats down. 0-60 mph :7.7s (RWD), 5.7s (AWD). Qualifies for $7,500 Electric Vehicle Federal taxation credit.

BMW i4

Thinking astir ordering a basal Model 3 but don’t privation to hold until the extremity of the twelvemonth to instrumentality ownership of it? Check retired the BMW i4 eDrive40, presently successful banal astatine galore dealerships with much connected the way. Unlike GM oregon Tesla, BMW electrics are inactive eligible for the $7,500 Federal EV taxation credit, which reduces the outgo of the i4 from its $56,395 MSRP down to $48,895, conscionable $455 much than the Model 3. Besides a quicker transportation time, that other $455 for the i4 buys different 34 miles of EPA-estimated scope (301 miles, versus 267 miles for the modular scope Model 3) and an arguably much versatile hatchback configuration. What is sacrificed, however, is fractional the cargo capableness down the rear seats, nary frunk, and driving/parking assistance features that are modular connected the Model 3 but not included successful the i4 eDrive40 basal price.

Feel the request for speed? There’s the i4 M50, the all-wheel-drive mentation of the i4 that blasts from zero to 60 successful 3.7 seconds. That’s astir a half-second quicker than Tesla’s Model 3 Long Range, and six-tenths slower than the Model 3 Performance. Coincidentally (or possibly not), its outgo aft applying the $7,500 Federal EV taxation rebate and adding driving assistance and parking assistance options nets to $62,200 – astir halfway betwixt Tesla’s Model 3 Long Range and Performance versions. While the consecutive enactment show and pricing of the i4 M50 look to beryllium connected par with its Tesla rivals, its 270-mile scope is not, truthful it volition rotation to a halt 45 miles abbreviated of the 2 comparable Model 3 versions erstwhile it depletes a afloat charge.

From a dealership pricing standpoint, we didn’t find a azygous trader that strayed from MSRP connected its website – a argumentation that seemed to person been adopted by BMW retailers crossed the federation fewer years back, soon aft we started hunting for and tracking trader discounts connected electrical vehicles. So, turning to information gathered from new-car pricing websites for guidance, the just terms connected an i4 eDrive40 seems to mean astatine conscionable $298 implicit MSRP.  Variance was worst successful – you guessed it – the San Francisco/San Jose area, with prices ranging from an $852 discount to a $4,117 markup. Look for the champion BMW i4 prices successful your area.

2022 BMW i4: MSRP $56,395 (eDrive40), $67,300 (M50). 5-passenger, 4-door liftback sedan. Range: 301mi (eDrive40), 270mi (M50). Cargo space: 10 cu ft. 0-60mph: 5.5s (eDrive40), 3.7s (M50). Qualifies for $7,500 Electric Vehicle Federal taxation credit.

Quick Takes

Hyundai IONIQ 5: This rolling enactment of creation is getting harder and harder to find connected the lot. We estimation that it present represents little than 5% of each disposable caller EVs successful trader inventories, acknowledgment successful portion to prime-time commercials starring Jason Bateman. Most Hyundai trader websites we way that erstwhile listed their IONIQ 5 banal astatine MSRP are present declaring marketplace adjustments of astatine slightest $3,000 oregon adding dealer-installed options of up to $5,000. And conjecture what? We, the public, are simply paying it. Apparently, the car is that good. Data from caller car pricing websites confirms this with an mean just worth terms that has risen to $3,569 implicit MSRP. All that said, we did find immoderate dealers bucking the trend, including Larry H. Miller Hyundai successful Arizona (all IONIQ 5 banal listed astatine MSRP) and Mission Hills Hyundai successful the Los Angeles country (MSRP positive a $1,495 “protection package”).  Find the champion Hyundai IONIQ 5 prices adjacent you.

Kia EV6: Rather than relying connected prima powerfulness to merchantability its flagship electrical vehicle, Kia chose to employment a robo-dog to tug astatine our heartstrings, archetypal during the Super Bowl and past successful the months pursuing during prime-time TV slots. Must person worked, due to the fact that similar its retro-styled level sibling (IONIQ 5), buyers person driven the just marketplace worth of the EV6 higher and higher – present astatine an mean $4,297 markup by our estimation, and that’s connected apical of a $500 summation successful MSRP crossed each trim levels. In-stock vehicles are scarce, but determination are a fewer retired determination that tin beryllium had for a tenable price. For example, Classic Kia successful Texas is advertizing an EV6 astatine lone $90 implicit MSRP, and Doral Kia successful Florida is listing an EV6 astatine MSRP positive a $999 trader fee. Check Kia EV6 prices successful your area.

Genesis GV60: The Genesis GV60 is Hyundai Motor Group’s latest exemplary based connected their E-GMP level to scope American shores, and it’s the priciest, with an MSRP that starts astatine $59,985. Distribution is presently constricted to California, Connecticut, New York, and New Jersey. Genesis of the North Shore successful New York and Genesis of Santa Monica successful Los Angeles are presently listing their banal astatine MSRP, but if past repeats itself, trader prices volition ratchet up successful the coming months arsenic consciousness of the exemplary builds. Genesis of Stevens Creek successful the San Francisco/San Jose country already has a leap connected that inclination and is listing each GV60 they person with a $7,000 “market adjustment.” Check Genesis GV60 availability and pricing successful your area.

As always, cheque our Electric Vehicle Best Price Guide and Electric Vehicle Best Lease Guide for the prices and deals connected EVs successful the US.

FTC: We usage income earning car affiliate links. More.

Subscribe to Electrek connected YouTube for exclusive videos and subscribe to the podcast.

More