How Soon Can We Expect Cheap Electric Cars Under $20,000? | MotorBiscuit

Cars like the Chevy Spark and Mitsubishi Mirage are dirt cheap cars. But their simple, gasoline engines are soon to go electric, and it’s no mystery that electric powertrains are more expensive. It leaves many cheapskates (like myself) wondering when cheap, sub $20,000 electric cars will become available. The answer? They already are.

2022 Nissan Leaf S | Nissan

The Nissan Leaf S will cost under $20,000 after tax credits

Tax credits are a clever incentive to get people to buy electric cars. The government essentially pays you to go green, and most electric cars offer these rebates. But the 2022 Nissan Leaf, one of the longest-running EV names in America, is poised to get a price slash. Starting at just $27,400, down from the $31,000 starting price for the 2021 model year, the tax credits get the car down to $19,900.

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