Which 2021 EV is the Cheapest?
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Electric vehicles (EVs) have been a trending topic in the automotive world, and for good reason. Their reduced carbon footprint and other benefits make them appealing to consumers and beneficial to the environment.
The future of EVs is bright, as more manufacturers are considering and producing electric variants of existing models as well as new exclusively electric cars. There is one issue that has prevented some consumers from dipping their toes in the EV market, though—the cost of electric vehicles.
The higher initial price and increased cost of car insurance might make you hesitate to switch to electric. U.S. News and World Report reported on the costs of some EVs that are less expensive, and you might be pleasantly surprised at the prices.
The affordable 2021 Mini Cooper SE Electric Hardtop
The 2021 Mini Cooper SE Electric Hardtop is currently the cheapest EV on the market. The car probably looks familiar to anyone who recognizes the unique design of the traditional gas-powered Mini Cooper, but this is a true EV. Similar to the pricing for the 2021 model, the 2022 Mini Cooper SE that’s now available starts at $29,900.
In addition to its affordable price compared to other EVs, the Mini Cooper SE is a smooth ride with great fuel economy. However, it does have some drawbacks. The electric Mini has a maximum range of only 110 miles on a single charge, which is significantly worse than most EVs.
If you don’t plan on using this as a road trip vehicle, and want to go green without breaking the bank, the Mini could still be a great choice.
High ratings for the 2021 Tesla Model 3
Tesla has become a household name and taken over the EV market. Out of all the EVs available right now, U.S. News ranks the Tesla Model 3 one of the highest because of its comfortable steering, power, and storage space.
The Tesla Model 3 also succeeds where the Mini Cooper SE struggles: range. On one charge, the base setup of the Tesla Model 3 can travel approximately 263 miles. This EV is more viable as a car for cross-country travel.
The Tesla Model 3 comes with a higher price tag. A 2021 Tesla Model 3 starts at $39,990, significantly more than the Mini Cooper SE. This initial price could be an obstacle for consumers, but you’ll likely see fuel savings over time and tax incentives to reduce costs for any EV purchase.
The future of electric vehicles
According to ABC News, the number of EV models available has drastically increased within the past year. There are now 30 models on the market, compared to 17 last year. As sales increase, more manufacturers will build EVs.
An increase in charging stations is a key factor in the future of electric vehicles. Consumers will want to know they can easily find charging stations before they decide to shift from gas to electric. As the types of cars on the road change, one thing remains the same: every driver needs insurance.
If you're considering buying an EV, whether it's a Tesla Model 3, Mini Cooper SE, or any other model, you'll need coverage that meets your needs. That’s where Jerry comes in. Signing up with the app takes 45 seconds, and Jerry will compare quotes and find the best coverage for you. Jerry makes insurance easier so you only have to think about what car to buy.