Huge year-end discounts and rebates drive the cost of new EVs below $20K

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!
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