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If you’re thinking about hauling the kids off to school with zero emissions, today’s EVs offer more range, faster charging and greater fuel savings. The best electric cars and SUVs for families are available in a wide range of options to meet your needs, and an even wider range of price points. These are the best electric crossovers and SUVs on sale in 2024.
Electric 3-Row SUVs
If you need space for four, five, or maybe six people (plus those furry friends), these 3-row electric SUVs are built for you.
2024 Kia EV9
Reviewers absolutely LOVE the new Kia EV9. As the first mainstream 3-row electric SUV to hit the American market, the EV9 was highly anticipated. We can confirm that it has been worth the wait. Step inside this full-size SUV, and you’ll immediately note the spaciousness and luxurious feel of this premium-feeling Kia. This one is worth a test drive.
Price: $56,395 – $75,395
Range: 230 – 304 miles
Charging (public fast charger): can add 200 miles in 18 minutes
Rivian is just beginning to ramp up production and sales of the Rivian R1S, the full-size electric SUV companion to the R1T electric truck. The 2024 Rivian R1S is a blend of luxury and off-road capability. This 3-row EV is made in America, at a converted manufacturing facility in Normal, Illinois. We can only recommend this great vehicle if you live within a reasonable distance of one of Rivian’s service centers. If you end up needing service, you don’t want to pay for a long-distance tow truck!
Price: Starting at $74,900
Range: 316 miles
Charging (Public fast charger): can add 140 miles in 20 minutes
With gull-wing doors and a massive glass roof, there’s no hiding the fact that the Tesla Model X is a luxury SUV. In 2024, the Model X has seen multiple price cuts, and now starts around $80,000.
Price: $79,990 to $120,000+
Range: 351 miles
Charging (Public fast charger): can add 200 miles in 15 minutes
These electric crossover SUVs are the highest-rated, most-loved EVs for families today. Although they lack a third row, they’re plenty big enough for most families of four. Spaciousness, pricing, range and charging speeds vary from one electric model to another. We’ve also included NHTSA safety ratings if they’re available.
Tesla Model Y
The Model Y is the best-selling electric vehicle in America. Model Y prices have fallen 20% from 2022’s highs. It’s now possible to buy a Model Y for well below $50,000 with the point-of-sale EV tax credit. Although it’s known for autonomous driving, the full capability (known as FSD) is a $15,000 package.
Price: $49,990 to $74,990
Range: 279 to 330 miles
Charging (Public fast charger): can add 200 miles in 15 minutes
Ford’s first serious EV is very popular among small families and speed freaks alike. If the Mustang brand has a special place in your heart, this just might be the EV for you.
Price: $45,995 to $63,575+
Range: 224 to 312 miles of range
Charging (Public fast charger): can add 120 miles in 20 minutes
I can confidently say that the IONIQ 5 is a great family car, and that’s because my wife and I haul our own kiddo around in this segment-bending electric crossover with hot hatch flavors. The IONIQ 5 has won many awards, including Car and Driver’s 2022 EV of the Year. It charges VERY fast, and that’s what I love most about the car.
Price: $40,925 to $57,400+
Range: 220 to 303 miles
Charging (Public fast charger): Adds 200 miles of range in 20 minutes
The spaceship-styled EV6 is Kia’s version of the Hyundai IONIQ 5, which shares the e-GMP electric powertrain. The Kia EV6 has slightly less passenger and cargo space than the Hyundai, but it’s better range and equally fast charging make it an obvious feature on this list of best electric cars for families.
One thing to bear in mind: most EVs, including the EV6 and IONIQ 5, have a flat floor, meaning that there’s a bit more interior space than it would appear. The best thing you can do is check one out in person!
Price: $43,920 to $61,600+
Range: 274 to 310 miles
Charging (Public fast charger): Adds 200 miles of range in 20 minutes
We have great news for those in search of an affordable and capable EV that qualifies for the federal tax credit. The ID.4 is now made in Tennessee at Volkswagen’s Chattanooga plant! The newest American-made EV is equipped with decent range, okay charging, and a comfortable interior that’s designed for families. However, don’t expect Tesla-level infotainment. The ID.4 is best for those who are content with the simpler things in life.
Charging speeds are merely okay, but the 2024 model year gets a decent improvement.
Price: $38,790 to $55,000
Range: 208 to 275 miles
Charging (Public fast charger): Adds up to 190 miles of range in 30 minutes
The Inflation Reduction Act eliminated the original EV tax credit and replaced it with a completely revised tax credit. For vehicles that qualify, up to $7,500 in tax credits are available. However, the incentive is based on battery sourcing, which will be determined by the automakers. Income limits restrict buyer eligibility, too. See the full details on qualifying models here.
There’s also a used EV tax credit for the first time, but a price cap of $25,000 eliminates every single family EV on this list.
At CarEdge, empowering you is what drives us. Car buying, selling and ownership are too often accompanied by hassles and headaches. We do our best to save time & money with real advice from auto experts. Right now, the used car market is going through some big changes. In 2023, buyers have more leverage. For four months in a row, used car prices have declined at the wholesale level. Retail prices are softening, and we’re seeing more CarEdge members negotiate better and better deals.
If you’re in the market to buy a used car your goal should be to get 5-10% off of the dealer’s advertised price. Still, some brands are more negotiable than others. In this guide we’ll walk you through what has changed in the market, why you have leverage, and how you can get that 10% off.
Let’s dive in!
Smart Dealers See the Trend; Use This As Leverage
Data from Black Book reveals that days to turn, a metric used to measure how long cars sit on the lot before selling, is increasing. At the same time, there are more used cars for sale right now than at any other point of 2022. Supply is up.
Increasing dealer inventories, paired with higher interest rates, means that car dealers are paying more “floorplanning” cost than they have in years. Floorplanning is the interest payments car dealers make on their inventory. Just like you and me, car dealers typically finance the purchase of their inventory, which means that as inventory sits and interest rates rise, dealers have a financial incentive to negotiate and lower their prices to sell vehicles.
Dealers are once again working hard to sell cars. How do they do that? They lower their prices. Suddenly, with the softening of the market, more dealers are negotiating again, and many are starting to drop their used car prices rapidly. A quick look at CarEdge Car Search shows that more vehicles are seeing price drops. Take a look at this 2021 Chevrolet Equinox, for example. This dealer has discounted the price by 14% in ONE MONTH.
Over the past 35 days this dealer has dropped the advertised price by $3,500! That’s a 14% decrease in price in one month. Wow! As you can see, the most recent price declines are more significant. This is because the dealer is feeling the pressure of increased carrying costs, and a softening wholesale market (they can’t simply go to the auction and sell this car to make money like they could earlier in the year).
Use this information to your advantage! If you went to this dealership and requested an out the door price, be prepared to negotiate an additional 10% off of that amount. Why not? You already know the dealer is desperate to sell this car. Even if you end up with just 5% off, that’s still a win!
Get the most when you sell your car.
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The 5 Reasons Why Now Is A Better Time to Negotiate
When you go to negotiate a used car, know that these are the five reasons why they’ll be willing to negotiate with you. Feel free to even print this out and show them if they give you a hard time!
Floorplan costs going up – We know that it is costing the dealer more money to hold onto their inventory than before.
Demand is going down and cars are sitting on lots – Dealers who overpaid for used cars a few months ago are nervous because demand has softened. This, paired with increasing floorplan costs is a recipe for disaster for a car dealer.
Dealers can’t sell their cars at the auction for a profit – Just a few months ago car dealers were selling used cars at dealer auctions for a profit. Now that option no longer exists. Wholesale prices have crashed, which means dealers are going to need to sell to retail customers, or take a HUGE hit at the auction.
Retail prices are beginning to trend downward, albeit slightly – Car dealers had been holding out. Even while wholesale used car prices plummeted, car dealers were not lowering their advertised prices. Well, that trend has reversed, and we are finally starting to see a softening in retail asking prices.
Dealers want to try and make a profit in the F&I office – Many car dealers are currently trying to sell used cars that they bought months ago for way too much money. Their best bet to breakeven on these deals is to take a loss on the front-end and to try and make it up on the back-end (finance and insurance). As long as you’re familiar with how to finance a car the right way, you should be able to get a better deal after all is said and done.
In fact, you can now finance with CarEdge to secure a low rate through our credit union partners. Not interested? You can still use your pre-approval as leverage to negotiate a lower APR at the dealership. Learn more about financing your car purchase with CarEdge!
Work With Smart Dealers
Some dealers just don’t look at the big picture and are oblivious to the car price trends we’re seeing right now. Not every car dealer understands that right now is the time to give up some of the profit they had planned to make on a vehicle in order to make a sale today before prices drop further in weeks to come. CarEdge Car Dealer Reviews and Markups.org are great places to learn what others have experienced at dealerships near you. Crowdsourcing car buying experiences is changing the game for the better!
With both new and used car prices still greatly inflated, it’s important to think about how today’s buying decisions could affect your future finances. New car prices are up 6% year-over-year, and 24% since July 2020. There’s no sign of new car prices coming down, and automakers seem to be announcing MSRP hikes weekly.
If you’re determined to buy a new car, don’t expect MSRPs to go down at all. However, more buyers who work with CarEdge are able to buy at MSRP, with some even securing a deal under MSRP. Check out our latest success stories!
On the other hand, used cars are more negotiable than at any point in time this year. If you’re looking for a better deal, here’s what you need to know: used car prices are declining at the retail level, but we expect price drops to continue for many weeks to come. There will be better deals in the weeks ahead.
While making long-term predictions is difficult right now, we’re confident that used car prices will be even more negotiable (with lower sticker prices) at the end of November than they are today.
If you are in the market for a used car right now, your goal should be to negotiate 5-10% off of the sticker price, or consider waiting a few more weeks (or longer) for the market to soften further.
Is It a Buyer’s Market?
Yes. As a buyer you have more leverage than at any point in the past 18 months. Does this mean used car prices are “good” or “fair”? No way. Used car prices rose 45% in 2021, so finding a true bargain is next to impossible. Used car prices remain inflated, but for those who need a vehicle, market conditions have improved, and are likely to continue to improve. Here’s what’s clear: you have more leverage today than at any other time in 2022.
In 2019, market analysis and research firm Deloitte predicted that electric vehicles would reach price parity with combustion-powered counterparts in 2022. One year later, General Motors Chief Technology Officer Matt Tsien shared his optimism about EV prices. Cost parity between EVs and conventionally powered vehicles “will come sooner than many people think,” he said during a keynote speech at a Society of Automotive Analysts event. Skip forward to the second half of 2022, and EV prices are running away from ICE cars. The latest analysis from iSeeCars.com reveals just how much more expensive used EVs are, and recent MSRP hikes are driving new EV prices even higher.
Used Electric Car Prices Up 54.3% In One Year
Used car prices are dropping rapidly at the wholesale level, however buyers have yet to see any significant price drops at the retail level. Over the past eight weeks, used car prices have dropped nearly 5 percent at dealer auctions. Could the car price bubble be finally coming to an end? If you’re in the market for an electric vehicle or plug-in hybrid, we’re far from it.
According to data from iSeeCars, used electric car prices saw an increase of 54.3% from July of 2021 to July 2022. Over the same period, gas-powered cars were up just 10.1%. Number crunchers at iSeeCars analyzed the prices of over 13.8 million 1-5 year old used cars sold between January and July of 2021 and 2022 to determine the price growth of electric cars compared to ICE vehicles.
As gas prices reached new records this spring, the demand for EVs rose in parallel. However, a closer look at the data reveals that the few affordable electric cars on the market saw the greatest price increases, and by a long shot.
At a time when the average EV transaction price is over $66,000, the future of electric mobility is riding on the success of more affordable options. The number of sub-$40,000 EVs seems to be shrinking by the day.
Are Affordable EVs Going Extinct? It Appears So
iSeeCars found that America’s two most affordable electric cars saw prices increase the most. Used Chevrolet Bolt prices were up 29.3% since 2021, and used Nissan Leaf prices were up 45%. For the Leaf (which starts at $27,800 new), this massive price spike translates to an average sale price of $28,787 in July 2022. The average used Chevy Bolt sold for $28,291 last month. Considering the specs of the Bolt (notably charging capabilities), that’s a lot of money for a used EV.
With DC fast charging times typically around 45 minutes to one hour to add 200 miles of range, both of these electric models are likely to see drastic depreciation as much faster charging EVs become more commonplace. This is especially true for the Leaf, which lacks the decent range of the Bolt.
The Kia Niro EV seems to be the outlier here. With 239 miles of EPA-rated range and 77 kilowatt DC fast charging capability, it almost seems like a good deal with used Niro EV prices ‘only’ increasing 15.7% year-over-year. At the time of writing, used Kia Niro EVs are priced between $35,000 and $43,000.
Another Day, Another EV Price Hike
New electric vehicles are seeing price hikes, too. Just last week, Ford announced that the 2023 Mustang Mach-E was getting a massive price increase. The base Select trim now starts at $48,195 (up $3,200). The rear-wheel drive option was eliminated, effectively canceling the most affordable Mustang Mach-E. The most popular trim, the Premium AWD Mustang Mach-E, now starts at $56,175 before the $1,300 destination fee. That’s a $6,075 increase from earlier in 2022.
When Ford reopened F-150 Lightning orders in August, the news was accompanied by a $6,000 to $8,500 price increase. The most affordable F-150 Lightning now starts at $46,974. Most buyers will want the XLT with extended range, and that option now starts at $80,974. Will Ford lower the price by $1,000 to qualify for the new EV tax credit? We’ll find out soon enough.
Tesla prices are up over 20% since early 2021. The Model 3 is now 27% more expensive, and the most popular EV in America, the Model Y, now costs 30% more with a starting price of $65,990. Rivian made headlines when they canceled the most affordable configuration of the Rivian R1T electric truck. Anyone with basic math skills (or a calculator) can see that new and used EVs alike are becoming more expensive.
When Will EV Prices Go Down?
This right here is the question we’re all doing our best to answer. Still, it’s hard to tell. Here’s what needs to happen before EV prices will go down:
EV production and inventory must increase
For that to happen, supply chain constraints must ease
Battery suppliers must continue to meet demand
Automakers need to commit to affordable models rather than luxury EVs
More EV competition may drive prices down
Is there any good news? It depends on which EVs you’re interested in, and your buying timeline. The new EV tax credit is the first to ever offer a used EV tax credit and future rebate, however strict eligibility requirements for both are causing an uproar. For some, buying an EV may soon be thousands of dollars cheaper. For others, federal EV incentives vanished when President Biden signed the Inflation Reduction Act of 2022 into law. See which new EVs and used EVs qualify for the revised incentives.
Want to stay informed about the latest EV pricing, ownership and development news? Join the CarEdge Community for free. Our Electric Vehicle forum is the place to be for EV discussion, advice and expert consultation!
Toyota inventory levels have never been lower than they are right now. Go for a drive to your local Toyota dealer and you’ll see few new cars on the lot. We’ve noticed fewer Toyota listings on CarEdge Car Search. Production challenges have plagued Toyota for the entirety of 2022, and their dealer body currently has a 36 hour supply of on hand inventory. For perspective, in 2019 Toyota had a 60 day supply of inventory. To say Toyota’s production challenges are severe is an understatement.
After weathering the initial chip-shortage in 2021 better than their peers, the world’s largest automaker has officially fallen behind. Toyota is struggling to supply their dealer body with inventory, and as a result their sales are down 23% for the first quarter of their fiscal year (April-to-June), while average transaction prices have reached all-time highs; $37,336.
It’s easy to forget just how far the automotive industry has fallen from pre-pandemic normals. In July, automakers had a 38 days’ supply of on hand and in-transit new vehicles. That may not sound too bad compared to the recent past, but consider this: In 2019, automakers had 86 days’ supply.
Toyota Inventory Levels Tumble, Wait Times Drag On
Inventory Units - December 2023
Days Supply - December 2023
Toyota car
54,100
27
Toyota truck
144,700
31
Total Toyota
198,800
30
This week, Toyota Motor North America executive vice president of sales, Jack Hollis spilled the beans on what Toyota expects the coming year to look like. In short, Toyota doesn’t see inventory ever returning to pre-pandemic levels. This is the new normal. Crystal ball aside, Hollis did provide key insights into what car buyers should expect going into 2023.
Jack Hollis, who happens to have an extensive working history with Ford’s Jim Farley, was sharing his candid outlook at an event hosted by the Automotive Press Association. For what could very well have been a bland interview full of scripted answers, the world learned surprising new details about just how bad the inventory shortage has become at times for Toyota.
Hollis said that Toyota’s demand continues to outpace automakers’ production capacity. We’ve heard that before. However, it’s the details that made headlines. Hollis said that Toyota dealerships recently sunk down to a 36-hour supply of new vehicles. This has led to extensive dealer markups, accessories, and add-ons. If a consumer wants to buy a new Toyota off a dealer’s lot, they are likely going to pay above MSRP.
To find Toyota dealers who aren’t charging above MSRP, head to the community forum or markups.org.
We know from our research that wait times to order a new Toyota extend upwards of a year for Toyota’s electrified lineup. For Toyota hybrids and plug-in hybrids, factory order wait times are commonly around one year. For the Toyota RAV4 Prime and Prius Prime, wait times are now 18 months to two years in the worst cases. Keep this in mind if you’re in the market for a Toyota plug-in hybrid.
Why has Toyota struggled so much while other automakers seem to be weathering the storm better? It appears as if Toyota’s domestic production in Japan is where the company has taken the biggest hit. Japan has faced its own struggles (COVID and an earthquake to name a few), however the entire Japanese automotive industry is closely tied to suppliers and factories in China.
Toyota is heavily reliant on Chinese parts suppliers, and the latest round of COVID shutdowns didn’t do them any favors. In August, a new round of Chinese factory shutdowns, this time weather-related, are disrupting Toyota’s Asian supply chains.
This week, Automotive News reports that Toyota’s biggest domestic competitor is looking for a way out of reliance on China’s supply chains. According to Japanese publication Sankei, Honda Motor Co. is looking for ways to decouple their supply chains from reliance on China. Last year, nearly 40 percent of Honda’s production capacity was in China.
With the latest heat wave causing the third major supply disruption in two years for Toyota, we would bet that Toyota is looking at its options moving ahead.
Inventory Will Never Return to “Normal”
Wait times for the RAV4 Prime range from one to two YEARS.
During the first half of 2022, even the lauded analysts at AutoForecast Solutions seem to have underestimated just how severe and prolonged the chip shortage and subsequent car shortages are. Now, one of Toyota’s top executives is forecasting a similarly poor situation for 2023.
“We’re going to be dealing with this for one more year,” said Hollis. “I do not believe we’re going to see growing dealer stock for one more year.”
He also shared doubts that any automaker would return to pre-pandemic inventory levels. “They just won’t,” Hollis asserted. There was also a relevant point to be made regarding how car buyers’ behavior has changed. Hollis noted that customers now trust online car buying, and that’s going to impact lot inventory moving forward. Dealers don’t have to hold inventory to make sales these days.
Consumers are partly to blame for the continued high prices at dealerships. Hollis remarked that people don’t seem to mind going without the manufacturer incentives and holiday discounts of years past. “Some of the highest customer satisfaction scores in the entire industry are occurring right now, and everyone’s buying a vehicle at MSRP,” he said.
Toyota Slashes Incentives
Source: Cox Automotive
As a result of decreased supply, Toyota has drastically reduced incentives for consumers. For the first time since 2017, Toyota incentives are below $1,000. For the April-to-June quarter, Toyota’s average incentive per vehicle was $772, down 66% year-over-year.
Toyota brand incentives were even lower at just $672 per vehicle. Lexus incentives were down 71% to an average of $1,474 per vehicle. From 2019 to 2021, Lexus incentives averaged more than $5,000 per vehicle.
This means that buyers are more likely to pay MSRP or higher. As Hollis candidly pointed out, car buyers are not balking at the idea of paying higher prices. Toyota dealers are having no problem selling every vehicle they receive from the factory. Simply, there’s no reason to incentivize buying.
In the first quarter of the fiscal year, Toyota’s (Toyota + Lexus) average transaction price approached $40,000. Just two years ago, this figure was under $35,000.
Hollis Defends Toyota’s EV Strategy
At the Automotive Press Association’s event, Hollis also touched on the long-term outlook for Toyota’s delayed entry into fully-electric vehicles. Hollis reiterated Toyota’s belief in offering a wide range of electrified vehicles, not just BEVs, as the best way to reduce overall carbon emissions. He is unabashedly skeptical that American drivers will adopt EVs at anywhere near the pace that government goals have suggested.
Considering that the average electric vehicle transaction is $10,000 more than the overall industry average, I think Hollis is onto something. Throw in battery and raw material shortages, poor charging infrastructure and a simple lack of inventory, and Toyota’s roadmap starts to look a lot more wise.
We track new car inventory monthly, and it’s been encouraging to see automakers like Ford and Toyota having more cars shipped to dealers. Still, automakers are selling every car they can make. With that said, more drivers are placing factory orders for vehicle builds that might not arrive until well into next year, or worse. Here’s how long car buyers are waiting for the vehicle they want. We want to send a special thank you to CarEdge Coach Mario for sharing this update with our audience!
Important note: These times are strictly for factory ordered cars. Many of these models are now available on dealer lots.
Kia and Hyundai Wait Times
Hyundai Motors owns 51% of Kia, and the two Korean automakers have grown increasingly close over the past decade. Today, many of their vehicles share components, and therefore have been similarly impacted by supply chain constraints.
These are the factory order wait times our team of Car Coaches is hearing in 2025:
Kia Telluride – 2 to 3 months
IONIQ 5 – 3 months for factory orders
Elantra (some trims) – 2 to 4 months
Kia Sportage – 2 to 3 months
Subaru Wait Times
Right now, buyers placing orders for a Subaru are regularly being told that the wait time for delivery will be between one and four months, and in some cases longer. Subaru was hit hard by the chip shortage, and has yet to pull out of the slump.
In general, 2-3 months wait can be expected for any custom-ordered Subaru in 2025. Here are some additional details from what CarEdge Coaches are seeing:
Ascent: 1-4 months
Crosstrek: 1-3 months
Forester: 1-2 months
Impreza: 1-3 months
Legacy: 1-3 months
Toyota Factory Order Wait Times
How long you should expect to wait depends on the Toyota model and spec that you want. For Toyota deliveries, you’ll be looking for an available allocation rather than a custom order. For Toyota hybrids and plug-in hybrids, wait times are generally much longer.
In 2025, most Toyota models no longer have long waitlists for an available allocation, with the exceptions being the Prius, GR86, GR Corolla, Grand Highlander Hybrid, Land Cruiser, Sienna, Supra M/T and Spec Edition TRD Pros. For these models, you can expect to wait 3-4 months for an allocation that’s not already spoken for.
It is worth noting that more Toyota hybrid models may start seeing longer wait times as demand increases during summer buying season.
Honda Wait Times
On average, Honda factory orders (or allocations) placed today can expect a short wait before delivery, generally less than two months. The only remaining Honda models with inventory constraints are the Civic Si and Civic Type R.
Otherwise, these are the Honda factory order wait times we’re seeing in 2025:
For Jeep and Ram factory orders, wait times depend on what model and trim you want. Don’t forget that these two brands have the highest new car inventory in the industry right now, so lot inventory is especially negotiable. Don’t expect the same negotiability with Ram and Jeep factory orders.
These are the Ram truck factory wait times our team is encountering in 2025:
Ford Factory Orders Wait Times Faring Slightly Better
These are the Ford factory order wait times we’re seeing this year:
Bronco: 6-9 months
Ford F-150: 5-6 month wait time for higher trims (King Ranch, Tremor, Platinum), less than 3 months on XL, XLT and Lariat F-250: 2-3 months F-350: 2-3 months Mustang: 3 months
Tesla Wait Times
Tesla regularly updates wait times for the Model Y, Model 3, Model S and Model X. As of 2025, here are Tesla wait times as shared on Tesla.com. Note that there are many possible configurations that affect estimated delivery dates, so check Tesla’s configurator for the most accurate estimate.
Model 3 RWD with Aero wheels: Less than 1 month
Model 3 RWD with Sport wheels: Less than 1 month
Model 3 Long Range AWD with Sport wheels: Less than 1 month
Model Y Long Range with Gemini wheels: 1-3 months
Model Y Long Range with Induction wheels: 1-3 months
Model S Dual-Motor with Arachnid wheels: Less than 1 month
Model X Dual-Motor with Cyberstream wheels: 1-3 months
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