PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
What is the best electric car for the money?
I’m thinking of switching to an electric car, but they all seem so expensive! I’m on the budget of a gas car, wanting to buy an electric car. So, what is the best electric car for the money?
Ru Chen · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Unfortunately, you’re right in that
electric vehicles
can cost more upfront than gas cars. If you want the best electric car for the money, check out the affordable plug-in hybrid 2022 Toyota Prius Prime, which starts at $28,220.Compared to other electric and hybrid cars, the Toyota Prius Prime is highly economical and has fantastic fuel economy.
The XLE trim starts at $30k. The top Limited version starts at $34,000. The Prius Prime comes with an 8-year/100,000-mile warranty that covers hybrid-related components.
The Prius Prime is a plug-in hybrid, which means that it can quell any range anxiety a driver might have driving around an EV.
And if you ever want to resell it, resale prices are always above average for Toyota cars.
It’s noteworthy that you can get tax credits and electric car incentives for buying an EV, depending on the state you live in.
For example, if you live in
Michigan
, you may be able to snag a $500 or $1,000 rebate for your 2022 Toyota Prius Prime (or any other EV). Another way you can save money is by using
Jerry
. Jerry can save you $879 a year by helping you get cheaper insurance! Jerry gathers personalized insurance quotes from over 50 top providers, like Nationwide and Travelers, in seconds. MORE: Popular Mechanics Says This is the Best Website For Buying a Used Car
View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
