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How much do electric cars cost on average?

My wife and I are considering buying our daughter a car for her 18th birthday. She just graduated high school and got a full scholarship so we wanted to surprise her. How much do electric vehicles cost on average?

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Marlee John · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Aww, that’s such a sweet gift idea! EVs typically range higher than traditional-fuel vehicles and are around $30,000 to $40,000 for a new car. However they save a lot on fuel so if your daughter is commuting, she’ll thank you for it.
EV prices can change depending on the brand and if you decide to buy new or used. There are a good number of used electric car options available online which may be worth checking out.
Good luck picking out a car, and congrats on the scholarship!
If you’re purchasing her a car, your daughter will need
car insurance
, especially as a young driver.
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