We’re still early in the electric vehicle (EV) game and getting the best buy means placing your bet carefully. That’s why our list of the 10 best electric cars for the money includes both new and previously owned models. While new EVs include substantial tax incentives from the federal government (and some states) for vehicle purchase, EVs are subject to excessive depreciation. It’s all about how you play the field.
For many folks, transportation is pure function and electric vehicles are an appliance. EVs are exceptionally attractive on the resale market when covered by factory warranties and it can be advantageous to lease a new vehicle, rather than purchase it.