Are you looking for an electric car but don’t want to break the bank? You’re in luck! This blog post will discuss the best electric cars under $40000 on the market.
Not only are these vehicles affordable, but they also have various features and benefits that make them worth considering.
Whether you’re looking for a car with a long range or one with plenty of cargo space, there’s an option here.
Read on to determine which electric cars under $40000 are right for you.
1. 2022 Kia Niro EV
The Kia Niro EV is first on our list of best electric cars under $40000. It is a great electric car for anyone looking for a reliable ride under $40,000.
It offers up to 239 miles of range on a single charge and has a top speed of 104 mph.
The price starts from $39,090. The Kia Niro EV has the latest technology features like lane-keeping assistance, automatic emergency braking, and blind spot warning.
The interior is spacious and comfortable, making it an excellent car for daily use.
It also has plenty of cargo space to hold all your stuff. The Kia Niro EV is an excellent choice for a reliable and affordable electric car.
2. 2022 Hyundai Kona Electric
The 2022 Hyundai Kona Electric is an excellent option for anyone looking for the best electric cars under $40000.
It has a range of up to 258 miles on a single charge and can charge up to 80 percent in just 54 minutes with a 100 kW fast charger.
The Kona Electric is powered by a 150 kW electric motor that can reach 0-62mph in just 7.6 seconds, making it one of the quickest electric cars in its class.
It also has a maximum torque output of 395 Nm, making it a competent vehicle. The price starts from $35295.
The Kona Electric has many standard features, including a touchscreen infotainment system with Apple CarPlay and Android Auto, wireless phone charging, heated seats, and more.
It also has impressive safety features such as adaptive cruise control, forward collision warning, lane keep assist, and blind-spot monitoring.
The Hyundai Kona Electric is an excellent choice for anyone who wants an affordable electric car with plenty of range and power. It’s sure to make every trip enjoyable and efficient.
3. 2019 Smart EQ ForTwo
The 2019 Smart EQ ForTwo is an electric car that offers excellent value for money.
It has a range of up to 99 miles and a top speed of 78 mph. It also has a roomy interior, making it perfect for city driving.
The interior also comes equipped with Apple CarPlay and Android Auto, allowing you to stay connected on the road.
The 2019 Smart EQ ForTwo is powered by a 17.6 kWh lithium-ion battery, which charges in just four and a half hours.
It also features regenerative braking, which helps to extend the range and reduce energy consumption. The price starts from $20,000.
Regarding safety, the 2019 Smart EQ ForTwo is equipped with airbags and electronic stability control.
It also comes with a rearview camera, ensuring you can see what’s behind you when backing up.
At just $20,000, the 2019 Smart EQ ForTwo is one of the most affordable electric cars on the market today.
With its efficient design and modern features, it’s sure to be a hit with budget-conscious drivers.
4. 2018 BMW i3s
Next on our list of best cars under $40000 is the 2018 BMW i3s. If you’re in the market for a luxury electric car that won’t break the bank, you can’t go wrong with the 2018 BMW i3s.
This sleek, eye-catching car comes with all the features one would expect from a luxury brand like BMW, including an advanced onboard navigation system and a power sunroof.
The price starts from $32,998. The i3s also offers excellent performance and is rated to travel up to 97 miles on a single charge.
It also boasts quick acceleration and nimble handling, making it an excellent choice for city driving.
In addition, the i3s has several innovative safety features, including front and rear parking sensors and a collision warning system.
Regarding affordability, the 2018 BMW i3s is an excellent choice, with an MSRP of just $31,998.
That’s reasonable for such an advanced electric vehicle, especially considering the features you get for the money.
If you want a luxury electric car without paying top dollar, the 2018 BMW i3s is worth considering.
5. 2022 Chevrolet Bolt EUV
The 2022 Chevrolet Bolt EUV is an excellent option if you’re looking for an electric car that won’t break the bank.
The base model of this vehicle starts at just $34,495 and comes with a host of features to make your drive more comfortable and convenient.
The Bolt EUV is powered by an electric motor that offers an impressive range of 259 miles on a single charge. It also has three driving modes: standard, sport, and mountain.
You can choose between these modes depending on the type of terrain you’re driving on, so you can optimize your battery life for longer trips.
Regarding safety features, the Bolt EUV comes equipped with 10 airbags, a lane keep assist and automatic emergency braking.
It also has a rear vision camera and rear park assist, so you can safely back into tight spaces.
In terms of technology, the Bolt EUV offers a 10-inch diagonal touchscreen display with Apple CarPlay® and Android AutoTM compatibility.
You can also access the myChevrolet app to control your vehicle remotely. Overall, the 2022 Chevrolet Bolt EUV offers excellent value for the price.
Its long-range, impressive safety features, and easy-to-use technology make it an excellent choice for anyone looking for the best electric cars under $40000.
6. 2022 Mazda MX-30
The 2022 Mazda MX-30 is an attractive electric crossover that offers an affordable, sleek, stylish look. The price starts from $34695.
It features a 35.5 kWh battery with a range of up to 124 miles, making it an excellent choice for short trips.
The interior is comfortable and well equipped, with features like Apple CarPlay and Android Auto.
The exterior is modern and sporty, with eye-catching details like an updated grille and LED headlights.
Safety is top-notch, with driver assistance features like adaptive cruise control, lane departure warning, and emergency braking.
It also has an impressive 6.6 kW onboard charger for fast charging. These features make the Mazda MX-30 an excellent choice for those looking for the best electric cars under $40000.
7. 2022 Chevrolet Bolt EV
If you’re looking for a reliable and affordable electric car, the 2022 Chevrolet Bolt EV is an excellent option. It offers a great combination of features and value, with an MSRP of just $32,495.
The Bolt EV has a range of 259 miles on a single charge, making it ideal for commuters traveling long distances.
It also has various helpful safety features, including Forward Collision Alert, Lane Keep Assist, and Rear Cross Traffic Alert.
Inside, the Bolt EV provides plenty of space for passengers and cargo, with comfortable seating for up to five people.
The interior is equipped with the latest infotainment technology, including Apple CarPlay and Android Auto compatibility.
Overall, the 2022 Chevrolet Bolt EV is an excellent option for an affordable electric car with features.
8. 2023 Mini Cooper Electric
The Mini Cooper Electric is the perfect way to get into an electric car without breaking the bank. This stylish, efficient vehicle offers excellent features at an affordable price.
The electric version of the popular hatchback boasts a range of 110 miles on a single charge and a fast-charging battery that can get you up to 80% power in just 35 minutes.
The price starts from $30750.The interior of the Mini Cooper Electric is comfortable and spacious, with plenty of legroom and storage space.
It has various standard features, such as a heated steering wheel, automatic climate control, and Apple CarPlay/Android Auto integration.
The Mini Cooper Electric is a great choice for those looking for an economical and reliable electric car.
9. 2023 Nissan Leaf S
The Nissan Leaf is a popular option for electric cars under $40000, and the 2023 model offers plenty of features for a great price.
It’s a perfect pick if you’re looking for an affordable electric car that still offers quality and performance.
The Leaf S has a 40 kWh battery that can provide up to 226 miles of range on a single charge, and the motor produces 147 horsepower and 236 lb-ft of torque.
It also has quick-charging technology that allows you to top off the battery in less than an hour. Price starts from $28,895.
The interior of the Leaf S features an 8-inch touchscreen with Android Auto and Apple CarPlay compatibility, voice recognition, and hands-free calling.
The car also includes Nissan’s ProPilot Assist driver assistance system, which includes lane-keeping assist, emergency braking, and automatic cruise control.
The exterior of the Leaf S also has plenty of features, including LED headlights and taillights, an aerodynamic design, and 18-inch alloy wheels.
Overall, the 2023 Nissan Leaf S is an excellent electric car under $40,000, providing plenty of features and performance to make it worth considering.
10. 2023 Volkswagen ID.4
The 2023 Volkswagen ID.4 is an electric car perfect for those looking to enter the world of electric vehicles without breaking the bank.
This vehicle has a long-range battery with an estimated range of 250 miles per charge, which is more than enough for most daily commutes.
It has a 150 kW electric motor that can reach up to 125 mph and an impressive 0-60 mph time of 6.2 seconds. Additionally, this model has an impressive interior space with seating for up to five adults.
This car has impressive features, including an 8-inch touchscreen display, Apple CarPlay, Android Auto, and a panoramic sunroof.
There is also the option of adding an optional driver assistance package, including adaptive cruise control, lane keeps assist, and automated emergency braking.
The 2023 Volkswagen ID.4 is an excellent value at just under $37,495 and is perfect for anyone looking for an affordable electric car.
In conclusion, the 2023 Volkswagen ID.4 is a great electric car for those on a budget.
It has a long-range battery, a powerful electric motor, plenty of interior space, and an array of impressive features.
At just under $37,500, it’s one of the best values in the market today and is perfect for anyone looking to switch to electric cars without breaking the bank.
11. 2023 Subaru Crosstrek Hybrid
The 2023 Subaru Crosstrek Hybrid offers the best of both worlds with its combination of a gasoline engine and electric motor.
This crossover SUV offers the convenience of an electric vehicle with the power of a standard car.
The 2.0-liter engine provides 148 horsepower and produces a combined fuel efficiency rating of 35 mpg.
The hybrid model also has an all-wheel drive system, making it great for tackling rough terrain or icy roads. The interior has heated front seats, a power moonroof, and a 6.5-inch touchscreen.
The exterior design is sleek and modern, and the Crosstrek Hybrid is available in several attractive colors.
At $36,845, this electric vehicle provides an affordable option for those looking for an electric car without breaking the bank.
The Crosstrek Hybrid is an excellent choice for those who need the flexibility of a gasoline engine but are interested in experiencing the benefits of an electric vehicle.
With this hybrid, drivers can enjoy the convenience of an electric car while still getting the performance of a traditional car. Plus, its all-wheel drive can tackle any terrain you may encounter.
The interior is spacious and comfortable, with plenty of room to accommodate passengers and cargo.
Its safety features are top-notch and include lane keep assist, adaptive cruise control, and a rearview camera.
For anyone looking for the best electric cars under $40000, the 2023 Subaru Crosstrek Hybrid is an excellent choice.
Not only does it offer an affordable price tag, but it also has all the features and performance needed for a reliable and enjoyable ride.
Its hybrid engine provides enough power to tackle tough terrain and icy roads while still offering the convenience of an electric vehicle.
Its comfortable interior and advanced safety features make it an excellent choice for families who want to take advantage of the benefits of electric cars under $40000 without sacrificing quality or performance.
12. Mini Electric
The Mini Electric is the perfect option for those on a budget who want to go electric. This car packs a punch, with 135 horsepower and a top speed of 93 mph.
It can go up to 110 miles on a single charge, making it ideal for city dwellers and commuters. Plus, its design and styling are undeniably fun, so you’ll be sure to stand out in a crowd.
The Mini Electric comes standard with an array of safety features, including a reversing camera and an emergency brake assist system.
It also has a smooth and comfortable ride due to its low center of gravity and responsive power steering system. The price starts from $29900.
The interior is just as impressive, boasting heated front seats and a touchscreen infotainment system. In terms of value for money, the Mini Electric is hard to beat.
It’s priced at under $30,000, making it one of the market’s most affordable electric cars under $40000.
Its range and features make it an excellent option for those looking to save money and reduce their carbon footprint.
So if you’re looking for an electric car that won’t break the bank, the Mini Electric is worth considering.
13. Tesla Model 3
Lastly, The Tesla Model 3 is the most affordable option in the Tesla range and offers an impressive selection of features at a competitive price.
With up to 250 miles of range, powerful acceleration, and autopilot standard, it’s an attractive option for those looking for a low-cost electric car.
The exterior design is clean and modern, choosing 19-, 18-, or 17-inch wheel designs. Inside, the cabin is comfortable and tech-filled, with a 15-inch touchscreen display that controls virtually every aspect of the car.
Autopilot comes standard, as do safety features like collision avoidance and lane assist. The price starts from $37490.
The Tesla Model 3 is an excellent choice for those looking for a cost-effective electric vehicle.
For Electric cars under $40000, you get a sleek and stylish car with plenty of range and features. It’s an excellent choice for those who want to switch to electricity without breaking the bank.
Conclusion
Electric cars have come a long way in recent years, becoming more affordable and offering great features at budget-friendly prices.
There are plenty of options if you’re looking for the best electric cars under $40000.
Whether you’re looking for a hatchback, SUV, sedan, or coupe, you can find Electric cars under $40000 that suit your needs and budget. There is a range of vehicles that provide excellent value.
Consider your needs when choosing an electric car and compare the features and prices of the different models to find the best value.
Electric cars under $40000 are good for the environment and your wallet, helping you save money on fuel costs in the long run. Get yours now!
