Best cheap electric cars 2023 under $20K

Best cheap electric cars 2023 under $20K

Cheap best electric cars 2023: which EV to choose for less than 20,000 Dollars in 2023?

If you are looking for the Best cheap electric cars, Thanks to the ecological bonus and our tests on Future Ev, you will likely find a vehicle under $20K.

Are you considering buying a new electric car, but the budget you have defined for this acquisition must not exceed 20,000 dollars? There are not yet many choices on the new vehicle market, but there are still some models below this symbolic bar, thanks to the ecological bonus of 6,000 dollars(or 27% of the car price ) set up by the government. To get the most out of it, it’s not the best electric car on the market that you’ll have to consider.

The cars presented in this article are under 20,000 dollars once the ecological bonus has been deducted. Most vehicles at the heart of our selection are electric city cars. For some, depending on the finishes and equipment desired, the fateful threshold may be exceeded. Customers are increasingly fond of rent-to-own, a system generally renting the car for three to five years and generally paying a predefined sum each month.

A sum can vary according to the first contribution, the annual mileage, or the car’s residual value. This will allow you to also invest in accessories such as GPS trackers.

At the end of the lease, you have two options. You are buying the car and using the option to buy or return the car. There are also financial solutions that do not have purchasing rights, such as long-term leases where There is no possibility of repayment at the end of the lease term. Only reimbursement is possible. Given that the above parameters can vary significantly, we will give you an idea of ​​the monthly payout for a bodybuilder.


The new electric car Fiat 500 comes to support an aging thermal version which already dates from 2007. Its electric motor of 118 horsepower and 220 Nm of torque gives it great pleasure with performance above all the models presented here. Its 42 kWh battery can reach up to 330 kilometers of autonomy under the WLTP cycle. In the Spring of 2021, a 95-horsepower version with a 23.7 kWh battery will complete the catalog, with a range of around 185 km.

Several versions of the Fiat 500 are available, and the 95-horsepower model is offered for 24,500 dollars, excluding the ecological bonus of 6,000 dollars included in this guide. To know more about The new electric car Fiat 500, we are reporting funding offers starting at $270 for a 500 with a 42kWh battery and around $220 for a 23.7kWh battery.

Dimensions: L x W x H: 3.63m x 1.68m x 1.53m

Trunk: 185 liters

From 0 to 100 km/h: 9.0 seconds

Consumption: 13.8 kWh/100 km

Battery: 8-year or 160,000 km warranty


The Volkswagen e-up! It was the first of the Volkswagen group’s 100% electric city cars to see the light of day. It was released in 2013 with a battery capacity of only 18.7 kWh. Since it’s restyling in 2019, the e-up! It has doubled the size of its battery with 36.8 kWh and can cover up to 260 kilometers of range on a single charge. Its engine of 83 horsepower and 212 Nm of torque allows it to evolve in town and on secondary networks with a certain ease.

Of the three models, the Volkswagen e-up! It is the most expensive because it is also the most “plush.” With a bonus of 6,000 dollars, its starting price amounts to 17,740 dollars. However, the price difference is insignificant since it starts from 23,740 dollars. Regarding the monthly payments, according to the conditions by Volkswagen, it is possible to arrive at around 270 dollars per month for a model with some options.

Dimensions: L x W x H: 3.60m x 1.65m x 1.49m

Trunk: 250 liters

From 0 > 100 km / h: 11.9 secs

Consumption: 14.5 to 16.4 kWh / 100km

Battery: guaranteed for 8 years or 160,000 km (if capacity less than 70%)

10 Tips you need before buying a future electric car 2023.

DACIA SPRING: The Best cheap electric cars

To say that Dacia was eagerly awaited on the electric car market. If they are not the most at the forefront of the market, Romanian vehicles shine with their value for money. Unlike most entry-level electrics, the Spring does not adopt a city look but a false SUV look. Therefore, it is about ten centimeters longer than most of its competitors.

According to the manufacturer, the 27.4 kWh battery translates into a range of 230 km in the combined cycle. A figure that will rise to 300 km in urban use. The engine will not take your breath away, producing 44 horsepower and 12 Nm. In terms of speed, we will cap at 125 km/h with a 01 to 100 in 19.1 S. In use; it turns out to be rather fun to drive around town, but less on the main roads.

There remains the question of cost; depending on the finish, the prices after the ecological bonus range from 12,403 dollars to 13,498 dollars, which is among the lowest on the market.

The Dacia Spring is not perfect, but it offers more than interesting value for money for anyone who wants to go electric.

Dimensions: L x W x H: 3.73m x 1.58m x 1.52m

Trunk: 290 liters

From 0 to 100 km/h: 19.1 seconds

Consumption: 13.9 kWh/100 km

Battery: 8-year or 120,000 km warranty (if capacity less than 70%)


The introduction of its tech cousin Smart Forfour took a long time, as Renault’s most popular 100% electric version isn’t available until 2020. The Twingo Electric car can travel about 190 km on a WLTP combined cycle basis and can be charged from 0% to 80% in one hour at a 22kW public terminal. The electric motor produces 83 horsepower and 160 Nm of torque. A 22 kWh battery powers it.

Rather agile, the Renault Twingo Electric is perfectly at ease in town for daily journeys. Its max speed is limited to 135 km/h, and its small battery does not make it a good traveler, but this is not necessarily its primary vocation. It is necessary to count from 21,350 dollars in starting price, excluding the ecological bonus of 5,764 dollars, and not 6,000 dollars, because it is limited to 27% of the price of the car, which brings us to a price of $15,586. As for leasing, Renault communicates on offers starting at 99 dollars per month for an entry-level model in the “Life” finish; it will be necessary to count around 160 dollars per month for a mid-range version ” Zen” correctly equipped.

It suffers above all from a very busy Renault electric catalog. If, however, you let yourself be tempted.

Dimensions: L x W x H: 3.62m x 1.65m x 1.54m

Trunk: 240 liters

From 0 to 100 km/h: 12.9 seconds

Consumption: 16kWh/100km

Battery: guaranteed for 8 years or 160,000 km (if capacity less than 70%)


how to choose the Best cheap electric cars?

What are the terms & conditions of the ecological bonus?

The bonus of 6,000 dollars for households buying a vehicle for less than 47,000 dollars, including tax;

A bonus of 2,000 dollars for households buying a vehicle whose price is between 47,000 dollars and 60,000 dollars, including tax;

A bonus of 4,000 dollars for legal persons buying a vehicle for less than 47,000 dollars ;

Up to a bonus of 1,000 dollars for households buying a plug-in hybrid vehicle costing less than 50,000 dollars and with a range of more than 50 km;

No bonus for vehicles over 60,000 dollars, except for light commercial vehicles and hydrogen vehicles, which will be entitled to a bonus of 2,000 dollars.

What type of cheap electric car to choose?

Unfortunately, you are not spoiled for a choice of fewer than 20,000 dollars. Aiming for electric SUVs or even luxury station wagons is out of the question. Electric city cars especially benefit from a very attractive ecological bonus.