11 hybrid and electric options under $50,000

Want to ditch high gas prices in favor of an electric or hybrid car? Yes, they can be expensive, but we found models under $50,000.

We’re all feeling the burn of higher gas prices right now. June 17 is “Pump Out Day,” which encourages people to use public transportation or walk to save money on gas. But in some cities and in some situations, this is not always feasible. With the prices of everything seemingly rising right now, it might be time to consider a long-term solution to rising gas prices in the form of an electric vehicle (EV) or hybrid.

LISTEN: An Insider’s Guide to Cars: Buying and Selling

And before you say you can’t afford it, take a look at our list. We’ve found 10 great options – plus a bonus that starts with a “T” and rhymes with “esla” – all for under $50,000 (and five under $30,000, if you can believe it!) Plus, some EVs may actually end up cheaper, since some are eligible for a tax refund of up to $7,500.

“A growing number of people have environmental concerns that lead them to consider a hybrid or electric vehicle, and gas prices are higher than they have been in a long time, leading consumers who buy a new vehicle to consider options that will cost them less. fuel,” says Colin Aylesworth, editor, automobiles, American News Best cars. “Hybrid and electric vehicles can reduce vehicle refueling costs. Hybrids generally require a small additional investment, while electric vehicles require a larger initial investment. If you prioritize environmental concerns or qualify for a full EV tax rebate, the extra cost may be worth it, but each buyer should consider their own unique circumstances and finances before making a purchase. buy a new vehicle, whatever it is.

Less than $30,000

Hyundai Elantra Hybrid

It’s a roomy compact car with a commendable EPA fuel economy rating, starting at an MSRP of $24,1000. It gets up to 56 miles per gallon (mpg) on ​​the highway with 139 combined horsepower. The Elantra was also named 2021 North American Car of the Year.

READ MORE: With the auto market on the rise, should I sell my car?

Hyundai Sonata Hybrid

The starting MSRP for the Hyundai Sonata Hybrid is $27,350. It gets up to 54 mpg on the highway and has a combined output of 192 horsepower. The Sonata has an available solar roof panel that charges the batteries to generate enough electric power to increase range by nearly 2 miles per day, or about 700 additional miles per year.

Honda Accord Hybrid

It’s a quality mid-size sedan with a starting MSRP of $27,720 with 48 mpg in the city and 47 on the highway. Under certain conditions, the car will run exclusively on the electric motor in EV mode.

Hyundai Tucson Hybrid

The starting MSRP for the very first 2022 Hyundai Tucson Hybrid is $29,750. It has a combined output of 226 horsepower and 38 mpg on the highway. The Tucson is roomy for a compact SUV and is highly rated. It offers regenerative braking, which means that the brakes convert energy into electrical energy, which recharges the battery, and the vehicle uses more electrical energy and less gasoline at low speeds.

Toyota Camry Hybrid

With a starting MSRP of $27,980 and an estimated 51/53 mpg, this midsize sedan is a quality hybrid with a commendable EPA fuel economy rating and a combined 208 horsepower. Each Toyota hybrid battery warranty will cover 10 years from the date of first use or 150,000 miles, whichever comes first. The 2022 Toyota Camry is also an IIHS Top Safety Pick+.

Less than $40,000

Honda CR-V hybrid

The 2022 Honda CR-V Hybrid has a starting MSRP of $32,010. It gets 40 mpg in the city and 35 on the highway with 212 total horsepower and is the best-selling crossover over the past decade, according to Honda’s website. Under certain conditions, the car will run exclusively on the electric motor in EV mode, and the website says it has a spacious interior.

Hyundai Tucson plug-in hybrid

There’s also the Hyundai Plug-in Hybrid with an all-electric range of 33 miles based on a fully charged battery, offering a combined total range of 421 miles based on a fully charged battery and a full tank of gas. The starting MSRP is $35,400.

Less than $50,000

Kia EV6

The Kia EV6, a five-seat sport crossover, has a starting MSRP of $40,900. It has an EPA-estimated all-electric range of 310 miles and can gain 217 miles of range in just 18 minutes of fast charging. It goes from 0 to 60 miles per hour (mph) in 4.6 seconds.

READ MORE: Car buying experts on how to save big on your next vehicle

Ford Mustang Mach-E

The Ford Mustang Mach-E has a starting MSRP of $43,895 and can go from 0 to 60 mph in 5.2 seconds and has 266 horsepower with an EPA estimated 247 miles and no tailpipes

emissions. This all-electric Mustang is actually an SUV and is sold out until the 2023 version is released.

Hyundai Ioniq 5

Starting MSRP for the Hyundai Ioniq 5 is $44,000, and it has up to 320/239 hp/kW with an EPA-estimated range of 303 miles. The 2022 IONIQ 5 won World Car of the Year, World Electric Vehicle of the Year and World Car Design of the Year at the World Car Awards. Hyundai also offers two years of unlimited free 30-minute charging sessions with purchase.

Tesla Model 3

The rear-drive version of the Tesla Model 3 starts at $46,990. It has an estimated range of 267 miles with a top speed of 140mph and goes from 0-60mph in 5.8 seconds. It has received a 5-star safety rating from NHTSA in every category and subcategory and is an IIHS Top Safety Pick+.

This isn’t an exclusive list, and there were quite a few other models to choose from in a variety of vehicle types under the $50,000 mark, and more above that price, of course. Aylesworth says SUVs are the popular choice now, but the hybrid sedans mentioned above can be “great choices that are probably overlooked in today’s market because they aren’t SUVs.” Sedans are probably easier to find and potentially more affordable than SUVs.

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