Electric cars are becoming more popular as people look for ways to reduce their carbon footprint and save on fuel costs.
But many people are still hesitant to make the switch due to the high price tag of most electric vehicles. But fear not! There are actually several affordable electric car options on the market that won’t break the bank.
To help make things easier for you, we have rounded up a guide that breaks down the best cheap electric cars to buy in 2023 in Canada. Keep reading if you want to find out more.
The Hyundai IONIQ 5
The Hyundai IONIQ 5 is quickly becoming one of the best electric cars in Canada. This stylish and futuristic vehicle is not only affordable, but it also boasts impressive range and performance.
With a range of up to 480 km on a single charge, the IONIQ 5 can easily handle long road trips as well as daily commuting.
It also has a powerful electric motor that provides quick acceleration and smooth handling. In addition to its impressive driving capabilities, the IONIQ 5 also features plenty of convenient features.
This electric car costs around $45,000 and qualifies for a $5,000 federal rebate. You also might be able to receive provincial and territorial incentives.
The Hyundai KONA Electric
The Hyundai KONA Electric is a popular choice among electric car enthusiasts in Canada. This compact SUV offers a range of up to 415 km on a single charge.
This makes it a practical choice for daily commuting and long-distance travel. The KONA Electric also boasts a powerful electric motor that provides quick acceleration and smooth handling.
In addition to its impressive driving capabilities, the KONA Electric also has a spacious and comfortable interior.
With a variety of convenient tech features and a competitive price point, this Hyundai electric car is a strong contender in the world of electric vehicles.
The Kia Niro EV
The Kia Niro EV is a popular choice among electric car buyers in Canada and is expected to continue its success in the future. This compact SUV offers a range of up to 385 km on a single charge.
In addition to its impressive driving capabilities, the Niro EV also has enough space for five passengers. This means that it is a great option for families.
If you are not sure which Kia electric car to buy, keep in mind that the Niro EV is hands down the company’s most popular EV.
The Chevrolet Bolt
The Chevrolet Bolt is a fully electric hatchback that offers an impressive range of more than 400 km on a single charge.
It has a starting price of around $38,000.
The Mini Cooper SE
The Mini Cooper SE is one of the most stylish electric cars in Canada in 2022.
This fully electric version of the popular Mini Cooper hatchback is a fun and stylish car that offers a range of up to 235 km on a single charge.
The Mini Cooper SE is an ideal electric vehicle for city dwellers who need to make many short trips on a daily basis.
It has a range of around 180 kilometers, and you can charge its battery in as little as 35 minutes. If you buy this car, expect to save more than $10,000 with federal and provincial rebates.
The Tesla Model 3
The Tesla Model 3 is often hailed as the company’s most affordable electric car to date.
This sleek and stylish sedan offers a range of up to 358 km on a single charge. The Model 3 also boasts a powerful electric motor that provides quick acceleration and smooth handling.
The Model 3 also features a modern and futuristic interior design with a variety of convenient tech features.
While the Model 3 may not be the cheapest electric car on the market, it is certainly a more budget-friendly option compared to other Tesla models and is a popular choice among electric car buyers.
If you want to buy this vehicle but don’t have a lot of money to spend, you should consider looking for a used Tesla Model 3.
The Prius Prime: Cheapest Toyota Electric Car
If you’re in the market for a cheap Toyota electric car, the Toyota Prius Prime may be the best option for you.
While not a traditional all-electric vehicle, the Prius Prime is a plug-in hybrid electric car that can run on both electricity and gasoline. This means that you can save money on fuel costs by driving on electric power for shorter trips.
You can then switch to gasoline when the battery runs low. The Prius Prime has a range of up to 35 km on electric power alone, making it a practical choice for daily commuting and short-distance travel.
It also boasts a fuel efficiency rating of up to 4.3 L/100 km, which means that it is a cost-effective option for those looking to save on fuel expenses.
2023 Affordable Electric Cars in Canada
It can be difficult to find the right electric car for your needs if you are on a budget. This is why it is a great idea to familiarize yourself with the best cheap electric cars in Canada in 2023.
If you are looking for an electric car that has a great range, consider investing in the Hyundai IONIQ 5. And those who live in the city might be more interested in purchasing the Mini Cooper SE.
Are you trying to sell an inventory of electric cars in Canada? Accumulate can help you to pre-qualify leads and customers and build intent. Don’t hesitate to schedule a call with us once you’re ready to get started!
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