The Best Year-End Car Deals in December

The Best Year-End Car Deals in December

One year ago, the auto market was in the depths of the new car shortage. Semiconductor chips were in short supply, and dealer markups were at their worst. In December 2022, the best year-end car deals are the best we’ve seen since 2020, when the average price paid for a new car was $38,000. Today, that figure is north of $48,000. Still, end-of-year deals present an opportunity for car buyers to get a deal at a time when rising interest rates are putting affordability out of reach for many. 

Check out these other CarEdge resources, updated monthly:

The Best Auto Loan Rates This Month

The Best Lease Offers This Month

CarEdge Member Favorite: Car Buying Cheat Sheet

The Best Car Finance Deals in December

hyundai year-end lease offers

Ford Financing Deals

In December, Ford is advertising 3.9% APR for 60 months for select models:

  • Bronco Sport
  • Edge
  • Escape
  • Explorer
  • Expedition
  • F-150
  • Ranger

See new and used Ford listings near you.

Honda Financing Deals

1.9% APR for 24 – 48 months

  • Honda Pilot

2.9% APR for 24 – 48 months

  • Accord
  • CR-V
  • Passport
  • Ridgeline

See Honda listings near you.

Hyundai Financing Deals

In December, Hyundai has a great financing deal at 0% APR for 36 months for the following models:

  • Tucson
  • Santa Fe
  • Elantra
  • Kona
  • Sonata
  • Santa Cruz
  • Venue

See Hyundai listings near you.

The Best Lease Deals This Month

Chevrolet year-end car deals

Chevrolet Lease Deals

Chevrolet Equinox: $239 per month for 24 months with $2,289 due at signing

Chevrolet Blazer: $249 per month for 24 months with $2,709 due at signing

Chevrolet Colorado: $319 per month for 36 months with $4,149 due at signing

Chevrolet Silverado 1500 Crew Cab 4WD LT: $399 for 36 months with $3,949 due at signing

See current lease offer details from Chevrolet.

Hyundai Lease Deals (36 Months)

Hyundai Venue: $151/month with $3,281 due at signing

Hyundai Elantra: $229/month with $3,279 due at signing

Hyundai Kona: $209/month with $3,934 due at signing

Hyundai Santa Fe: $269 per month with $4,919 due at signing

Hyundai Kona Electric: $264 per month with $3,984 due at signing

Hyundai Palisade: $339 per month with $5,539 due at signing

See current lease offer details from Hyundai.

Nissan Lease Deals

Nissan lease end of year deals

Nissan Frontier: $299 per month for 18 months with $1,709 due

Nissan Rogue (AWD): $359 per month for 36 months with $2,789 due

Nissan Murano (FWD): $329/month for 24 months with $3,549 due

Nissan Pathfinder (4WD): $469/month for 24 months with $3,959 due

See Nissan end-of-year car deals at nissanusa.com

Subaru Year-End Lease Deals

Subaru Legacy (Premium): $269 per month for 36 months with $3,219 due at signing

Subaru Ascent: $329 per month for 36 months with $3,829 due at signing

Subaru Outback Premium: $345 per month for 36 months with $3,515 due

See Subaru end-of-year lease deals at subaru.com

The Best End-of-Year Cash Incentives

dodge truck year end deals

Dodge

Dodge is offering the best cash incentives in December as they try to clear out 2022 model-year vehicles.

$4,000 cash allowance for Ram 1500

$4,500 cash allowance for the Durango

$1,500 cash allowance for the Charger and Challenger

No payments for 90 days with Dodge financing.

See Dodge offers at Dodge.com

Lexus

$2,000 lease cash for select RX styles.

See Lexus cash offer details at lexus.com

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Kia EV9 and Hyundai IONIQ 7: Three-Row Electric SUVs Are Almost Here

Kia EV9 and Hyundai IONIQ 7: Three-Row Electric SUVs Are Almost Here

Heading into 2023, larger families in the market for an electric SUV are left with few options. Unless you’re prepared to spend over $90,000 for a Tesla Model X or Rivian R1S, your best shot has been to stick to conventional hybrids or PHEVs. That’s all going to change with the arrival of the Kia EV9 and Hyundai IONIQ 7 in 2024. These two are set to become the first 3-row electric SUVs with affordable pricing. Here’s everything we know about the IONIQ 7 and Kia EV9’s release date, pricing and specs.

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IONIQ 7 and EV9 Release Date, Price and Specs

2024 Kia EV9
The 2024 Kia EV9 concept at the 2021 LA Auto Show

Revealed at the 2021 Los Angeles Auto Show as a concept, the EV9 builds upon the success of Kia’s electric flagship, the hot-selling EV6 electric crossover. Precisely how much of the EV9 concept will make it into the production-ready EV9 remains unknown, so we’ll proceed with a healthy dose of skepticism.

The Kia EV9 concept EV9 features a third row of seating, something that only three mainstream electric cars offer for the 2023 model year. That would be the Tesla Model X ($120,990+), the brand-new Rivian R1S ($78,000+) and the Vinfast VF-9, which is not yet in production, but will start at $57,500 or $76,000 with the battery. Yes, you read that right. The VF9 will require an additional $18,000 to buy the battery, or you can pay a monthly battery fee instead. More on that here. Let’s see how the Korean offerings will compare.

Expected Pricing

We expect the EV9 to launch with a starting price in the low to mid-$50,000 range. Why not cheaper? Raw material costs are increasing, making every EV more expensive to produce. Need proof? Check out lithium prices on commodity markets.

2024 Hyundai IONIQ 7
2024 Hyundai IONIQ 7 pre-production concept.

Automakers are looking for ways to sell higher-margin electric vehicles to fund their transition to EVs. One way they do that is to subsidize their headline-grabbing base model with affordable pricing with better equipped and much pricier mid and upper trim configurations. We expect this to be the only way that GM can offer a sub-$40,000 Chevy Equinox EV (more on the Equinox EV here). Kia and Hyundai are very likely to do the same. Expect the EV9 and IONIQ 7’s pricing to stretch from the low $50,000s all the way towards $70,000. Of course, the automakers are betting that you’ll want to upgrade to the more expensive options.

We track EV price updates. Here’s the latest.

IONIQ 7 and EV9 Release Date

production Kia EV9
An early production Kia EV9 test vehicle in August 2022.

Multiple EV9s have been spotted doing road testing, and all signs point towards a production-ready unveiling in early to mid 2023. Although we haven’t seen any IONIQ 7s testing as of late 2022, we still expect the two to debut together, much like the Hyundai IONIQ 5 and Kia EV6 did in late 2021. 

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The Hyundai IONIQ 7 and Kia EV9 will launch in late 2023 as 2024 models. Of course, that’s unless the worsening semiconductor chip shortage and broader supply chain constraints delay the release date of the model. By then, the Vinfast VF9 will have arrived too. Although Vinfast doesn’t have the brand-recognition and dealer network of Hyundai and Kia, early media reviews are largely positive. You can learn more about Vinfast’s unique battery subscription model here.

Range, Charging Speed and Specs

Kia EV9 rear
Rear of the Kia EV9 concept.

The Kia EV9 concept that was unveiled in 2021 was a bit over-the-top. It featured a solar panel on the front hood, a 27-inch infotainment and gauge display, and a pop-up steering wheel that is unlikely to survive the transition to production. The IONIQ 7 debuted as a literal living room on wheels. Fantasies aside, what will make it into production? Expected range, charging and pricing are enough to get us excited.

Kia and Hyundai claim that these two electric SUVs will get 300 miles of range on a charge. Before you demand more miles, remember that SUVs (and trucks) are by design inefficient. That means more batteries are needed to squeeze the same range when compared to a smaller crossover or sedan. Don’t expect 400 mile+ 3-row electric SUVs to become commonplace, let alone affordable, this decade. 

The EV9 and IONIQ 7 will share the Electric Global Modular Platform (e-GMP) that Hyundai Motor Group engineered. There’s great info on this powertrain here. My own 2022 Hyundai IONIQ 5 has this same powertrain, and I love it. Range estimates are accurate, I’ve had minimal range loss after 15,000 miles, and charging is amazingly quick.

production Kia EV9
Pre-production Kia EV9

Kia says that the EV9 will be able to charge on 350-kilowatt DC fast charging stations, such as those found at Electrify America. We already know a lot about the e-GMP powertrain’s charging capabilities. With 350 kW charging, the EV9 will be able to add 200 miles of range in under 30 minutes. In all likelihood, the IONIQ 7 will match these specs.

Currently, Hyundai sources batteries from SK Innovation. In late 2021, SK Innovation announced plans for two battery plants at a single site in Commerce, Georgia. That’s just down the road from where their largest customer, Hyundai Motor Group, is building a massive EV production facility. We expect SK Innovation to supply American-made batteries for the IONIQ 7 and EV9. 

That leads us to our final topic: EV tax credits in the US.

Tax Credits and Incentives

Will the Kia EV9 and Hyundai IONIQ 7 Qualify for EV Tax Credits? Yes, but it’s possible that the two models won’t be eligible until late 2024 or 2025. Why? Both Kia and Hyundai have publicly shared their intentions of speeding up construction at their new EV production facilities in Georgia. Even with the quicker timeline, executives say that they hope to begin volume production in the third quarter of 2024. 

In order for any electric vehicle to qualify for the revised EV tax credit, the vehicle and buyer must meet several criteria. The most notable are the following:

  • The vehicle must have ‘final assembly’ in North America
  • A certain percentage of battery components must be produced in the US or Free Trade Agreement countries. 
  • A certain percentage of minerals used for battery production must be sourced in the US or Free Trade Agreement countries. 
  • Price caps and income caps apply.

See FULL DETAILS on the new EV tax credit.

More to Come

Truthfully, Hyundai and Kia have not yet released much information about their two new 3-row electric vehicles. When the two OEMS unveil the production versions of the EV9 and IONIQ 7 in early 2023, we’ll update this page with interior images, additional specs, and all that we learn.

In the meantime, check out the fastest-growing EV forum on the internet. It’s free, and full of thousands of drivers at all levels of EV interest. 

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The Best New Car Deals Today

The Best New Car Deals Today

Interest rates are rising, and inflation is at record highs, but deals can still be had when buying a new car. Every month, the team at CarEdge pores over the latest offers from every automaker. The result is a one-stop resource to share the very best new car deals with you. 

Not finding what you’re looking for? We’ve included links to each automaker’s website. Check back frequently, as this living page will be updated regularly. 

Check out these other CarEdge car buying resources:

The Best Auto Loan Rates Right Now

The Best Lease Deals This Months

These 5 Brands Are Negotiable Right Now

See Factory Order Wait Times

Buick Deals

Finance Buick SUVs (Encore, Envision, Enclave) at 3.99% APR for 72 months.

Buick Encore: $179 per month for 24 months with $5,449 due at signing

Buick Envision: $279 per month for 24 months with $3,739 due at signing

See details at buick.com

Cadillac Deals

Cadillac CT4: $439 per month for 36 months with $3,749 due

Cadillac XT4: $379 per month for 36 months with $3,579 due at signing

See Cadillac listings near you.

Chevrolet Deals

Chevrolet deals 2023
Chevy truck leases are competitive in February.

Best Chevrolet financing offer:

2.99% APR for 60 months for the Silverado 1500, Colorado and Equinox.

Chevrolet lease deals:

Chevrolet Trailblazer: $259 per month for 24 months with $3,109 due at signing

Chevrolet Blazer: $279 per month for 24 months with $2,369 due at signing

Silverado 1500 Crew Cab 4WD LT: $399 for 36 months with $3,579 due at signing

See details on Chevrolet deals.

Chrysler Deals

Chrysler Pacifica Hybrid: $599 per month for 39 months with $5,499 due at signing

See details on Chrysler deals.

Ford Deals

Ford deals 2023
The Explorer is included in this month’s Ford deals.

In February, Ford is advertising 3.9% APR for 60 months for select models

  • Bronco Sport
  • Edge
  • Escape
  • Explorer
  • Expedition
  • F-150
  • Ranger

Learn more about Ford deals at Ford.com.

GMC Deals

Best GMC financing offer:

2.99% APR for the GMC Sierra 1500
3.9% APR for the GMC Terrain

GMC lease offers:

GMC Acadia: $289 per month for 24 months with $2,309 due at signing
GMC Terrain: $279 per month for 24 months with $3,949 due at signing

See details on GMC deals.

Honda Deals

Best Honda financing offers:

Honda Pilot, Passport, Ridgeline: 1.9% APR for 24 – 48 months

Best Honda lease offers:

Honda Civic: $269 per month for 36 months with $3,399 due

Honda CR-V: $349 per month for 36 months with $4,499 due

See details on Honda deals.

Hyundai Deals

hyundai deals 2023

Hyundai lease offers this month are good, but the amount due at signing has increased this month.

Hyundai Venue: $151 per month with $3,281 due
Hyundai Elantra: $219 per month with $3,299 due
Hyundai Kona: $209 per month with $3,999 due
Hyundai Tucson: $279 per month with $3,999 due
Hyundai Santa Fe: $269 per month with $3,999 due

See details on Hyundai lease and finance deals.

Jeep Deals

Jeep leases are attractive in February.

Jeep Wrangler: $409 per month for 42 months with $5,099 due at signing

Jeep Compass: $347 per month for 42 months with $3,799 due at signing

See details on Jeep deals.

Kia Deals

Kia deals 2023
The Kia Sportage is featured in this month’s Kia deals.

Best Kia financing offer:

2.9% APR for 48 months

Kia Forte
Kia Sorento (2022)
Kia Soul

Best Kia lease offers:

Kia Sportage: $279/month for 36 months with $3,499 due

Kia Seltos: $249/month for 36 months with $3,320 due

See details on Kia deals at Kia.com.

Lexus Deals

3.49% APR for 48 months for the RX.

$2,000 lease cash for select RX styles.

ES 250 AWD: $509/month for 39 months with $3,999 due

See details on Lexus deals at lexus.com.

Mazda Deals

Best Mazda financing offer:

2.49% APR for 36 months + NO payments for 90 days

Best Mazda lease offers:

Mazda CX-30: $239 per month for 24 months with $2,999 due at signing.
Mazda CX-5: $299 per month for 33 months with $3,499 due at signing.

See details on Mazda deals at Mazdausa.com.

Nissan Deals

0.0% APR for 36 months

  • Altima
  • Rogue
  • Pathfinder

1.9% APR for 36 months

  • Sentra
  • Rogue Sport
  • Murano
  • Armada
  • Titan

Nissan Altima: $199 per month for 18 months with $2,309 due
Nissan Leaf: $269 per month for 36 months with $5,259 due
Nissan Rogue (AWD): $299 per month for 36 months with $3,459 due Nissan Murano (FWD): $299/month for 24 months with $2,099 due

Learn more about Nissan deals here.

Ram Deals

Ram deals 2023
Ram deals in February 2023

4.9% APR for 72 months and no payments for 90 days for the Ram 1500 and Ram 2500

$4,000 cash allowance for Ram 1500

Lease: Ram 1500: $309/month for 42 months, $5,499 due

Learn more about Ram deals at Ramtrucks.com.

Subaru Deals

Best Subaru financing offers:

2.9% – 3.9% APR for 48 months for these models:

  • 2022 Ascent
  • 2023 BRZ
  • 2023 Crosstrek
  • 2022 Forester
  • 2023 Impreza
  • 2023 Legacy
  • 2023 Outback
  • 2023 Solterra (electric)
  • 2022 WRX

The best Subaru leases:

Subaru Outback: $345 per month for 36 months with $3,515 due

Subaru Ascent: $359 per month for 36 months with $3,259 due

Toyota Deals

Best Toyota financing offers:

2.99% APR for 60 months

  • Toyota Tacoma
  • Toyota Tundra

3.49% APR for 48 months

  • Highlander

Toyota Corolla Cross: $331 per month for 39 months with $2,976 due

Toyota RAV4: $413 per month for 36 months with $3,063 due

Toyota Highlander: $393 per month for 39 months with $4,053 due

Learn more about Toyota deals here.

Today’s Best New Car Deals Won’t Last

With interest rates rising and inflation putting pressure on automakers and their dealer networks, the only thing that could bring better new car deals would be plummeting demand. We’ve seen signs of weakening demand and higher new car inventory, but nothing considered drastic. Expect auto loan interest rates to climb in 2023. The best car deals in February won’t last.

Buying a Car Soon? Check Out These Other Resources

These are the 5 car brands you CAN negotiate right now!

Thinking about factory ordering? These are the latest wait times our community is reporting.

These are the most marked-up new cars in 2022

Looking for something else? Visit our blog, or consult 1:1 with a real CarEdge Auto Expert to get customized help with your car deal. It could save you thousands! 

The Average Price of an Electric Car (Updated Monthly)

The Average Price of an Electric Car (Updated Monthly)

Update: The average transaction price for an EV dropped in October! Details below.

Car buying is the second biggest expense most consumers will ever make, and more drivers are getting squeezed into $1,000/month car payments. With an EV, you can save hundreds of dollars per month in fuel costs, but the upfront cost of getting into an electric car is substantial. Here’s the average price of an electric car today, and how much prices have increased over the past three years.

Wondering when EVs will get cheaper? We’ll dive into that too.

The Average Price of an Electric Car Is 33% Higher

In October of 2022, the average transaction price for a new car (of any powertrain) was $48,281 according to Kelley Blue Book. At the same time, the average electric car price was $64,249 (for new cars). The average price paid for a new EV declined by 2%, compared to September, but was up by 7% compared to October 2021.

Why did the average price of an EV drop? It’s likely due to the comeback of the Chevy Bolt. After many months off the market, the Bolt is back as the most affordable EV in America.

Although the average EV sells for 33% more than gas-powered models, here’s a breakdown of the starting MSRP for the top 10 electric car models on sale right now. As you can see, not all EVs are quite this expensive:

The average starting price for the top 10 best-selling electric cars in America is $60,500, but all except the Tesla models are subject to dealer markups

This information could be interpreted in at least two different ways. You could either conclude that the most popular EVs are more affordable than the market average, or you could see these numbers through the eyes of someone who’s browsed EV listings for years. These prices DO NOT include the all-to-common dealer markups. The Hyundai IONIQ 5 starts at $40k for the base trim, but there’s not a single one available for under $45,000 in my region. The story is the same for the Kia EV6 and Ford Mustang Mach-E. Good luck finding a used Tesla for anything less than the original sticker price. 

ev price trends, average price of an electric car
Source: Graph by CarEdge; Data via Kelley Blue Book

In January 2020, the average electric car price was $54,668, or 42% higher than the overall market average. In 2022, the average cost of a new EV is $65,291, or about 37% higher than the overall new car market. Would you call that an improvement? Certainly not. All new cars are getting more expensive, whether electric or not. Here’s how the average cost of an electric car has changed monthly since January 2020. 

1-20202-20203-20204-20205-20206-20207-20208-20209-202010-202011-202012-20201-20212-20213-20214-20215-20216-20217-20218-20219-202110-202111-202112-20211-20222-20223-20224-20225-2022June 2022July 2022August 2022September 2022October 2022
Average EV Price$54,669$56,326$56,059$57,757$58,863$57,480$57,346$57,346$54,381$52,947$53,117$53,811$57,750$57,491$56,503$56,059$56,140$58,914$56,110$57,540$56,312$55,625$56,437$63,821$62,876$64,807$66,386$65,094$64,553$66,997$66,645$66,524$65,291$64,249
New Car Average$38,747$38,550$38,812$39,904$39,138$39,731$39,512$39,571$40,159$40,770$40,937$41,335$41,248$41,366$40,680$41,172$41,534$42,633$43,056$43,418$45,031$46,026$46,329$47,243$46,404$46,082$46,223$46,676$47,275$48,043$48,182$48,301$48,094$48,281

We track EV market share monthly. Here’s where things stand today.

When Will Electric Car Prices Go Down?

Battery price trends
EV prices are dictated by battery prices. Batteries are getting more expensive.

Sadly, right now price increases are here to stay. Why are EVs so expensive? Batteries aren’t cheap. The average price of a lithium-ion battery pack dropped 90% from 2010 to 2020. One kilowatt-hour of lithium-ion battery storage cost $1,200 in 2010, but prices had fallen to $384 per kWh in 2015, and down to $137 per kWh in 2020. The long-awaited $100/kWh milestone that would bring affordable EVs to all was just around the corner when the pandemic hit. 

2021 and 2022 have seen a sharp reversal in battery prices. Industrial grade lithium carbonate sourced from global mines has seen a 400% increase since mid-2021. All of the EV price increases we’ve seen in 2022 hadn’t factored in the most recent lithium price spike. In 2020, the average EV contained just under $4,000 worth of raw materials. 

By early 2022, that number had climbed to $8,300, and the next update will surely see that figure surpass $10,000 considering the runaway lithium markets. Could this be the final nail in the coffin for cheap electric cars? It’s possible. 

Smaller Battery Packs, More Affordability

However, I think there’s another possibility that I suspect we’ll be hearing more about. Automakers and their supply chain partners (not to mention governments) have invested nearly $1 trillion dollars in electrifying global transportation. It’s been called the second industrial revolution, and one that will largely determine the world’s ability to combat man-made climate change. Automakers don’t want the EV revolution to fail. 

But with rising production costs forcing EV prices higher, what could they do to return affordability to the consumer? I expect automakers to begin announcing lower range, more affordable electric vehicles. Less range might leave you skeptical, but remember that $7.5 billion was allocated to creating a national charging network in America.

Aside from federal money, Tesla, Electrify America, EVgo and even automakers themselves are also quickly installing fast chargers throughout the country. In 5 years’ time, range won’t matter nearly as much because chargers will be commonplace. 

Chattanooga ID4 range
The U.S.-built Volkswagen ID.4 now offers a cheaper option.

How might this play out? We’re already starting to see it happen. Volkswagen announced a new version of the ID.4 electric crossover that starts at just $37,495 with 208 miles of range. Plus, it’s made in America and qualifies for the new EV tax credits! That’s well below the longer-range option with 275 miles of range, but it costs at least $4,000 less. Hyundai says it will soon offer a standard range version of the IONIQ 5 with less range at a lower price. I expect General Motors and Ford will soon do the same, especially with future electric crossovers like the impressive Equinox EV

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The Best Electric Cars for Families in 2023

The Best Electric Cars for Families in 2023

Rivian R1S size

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 2023, and the ones we’re looking forward to in 2024. 

Electric Crossover SUVs for Families

These electric crossover SUVs and full-size SUVs are the highest-rated, most-loved EVs for families today. Spaciousness, pricing, range and charging speeds vary from one electric model to another. We’ve also included NHTSA safety ratings if they’re available. Let us know which EVs you have your eye on!

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Tesla Model Y

Model Y pricing and range

The Model Y is the best-selling electric vehicle in America, however prices have increased over 20% since 2020. Although it’s known for autonomous driving, the full capability (known as FSD) is a $15,000 package.

Price: $65,990 to $84,990

Range: 303 to 330 miles

Charging (Public fast charger): can add 200 miles in 15 minutes

Passenger volume: 106 cubic feet

Cargo volume behind second row: 26.6 cubic feet

Total cargo volume: 72 cubic feet

NHTSA safety rating: 5 stars

See Model Y new and used listings.

Ford Mustang Mach-E

2023 Ford Mustang Mach-E pricing

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: $46,895 to $77,000+

Range: 211 to 314 miles of range

Charging (Public fast charger): can add 120 miles in 20 minutes

Passenger volume: 104.5 cubic feet

Cargo volume behind second row: 29.7 cubic feet

Total cargo volume: 59.7 cubic feet

Safety rating: IIHS Top Safety Pick

See Mustang Mach-E new and used listings.

Hyundai IONIQ 5

electric cars for families IONIQ 5
I was thrilled to drive this IONIQ 5 Limited AWD home. I can confirm that this electric car is great for families.

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.

Price: $40,925 to $57,400+

Range: 256 to 303 miles

Charging (Public fast charger): Adds 200 to 240 miles of range in 20 minutes

Passenger volume: 106.5 cubic feet

Cargo volume behind second row: 27.2 cubic feet

Total cargo volume: 59.3 cubic feet

Safety rating: Top Safety Pick Plus from IIHS

See Hyundai IONIQ 5 new and used listings.

Kia EV6

2023 Kia EV6 pricing and range

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. 

Price: $41,400 to $55,000+

Range: 274 to 310 miles

Charging (Public fast charger): Adds 200 to 240 miles of range in 20 minutes

Passenger volume: 103 cubic feet

Cargo volume behind second row: 24.4 cubic feet

Total cargo volume: 50.2 cubic feet

Safety ratingIn Europe, the EV6 earned 5 stars

See Kia EV6 new and used listings.

Volkswagen ID.4

2023 Volkswagen ID.4 Pricing and Range

Starting in late 2022, the ID.4 is now made in Tennessee. 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.

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

Passenger volume: 99.9 cubic feet

Cargo volume behind second row: 30.3 cubic feet

Total cargo volume: 64.2 cubic feet

Safety ratingTop Safety Pick Plus

See Volkswagen ID.4 new and used listings.

Audi e-tron (Q4 and original e-tron)

Audi e-tron pricing and range

When the e-tron first debuted in 2019, it was ahead of its time. Today, the e-tron remains a solid choice for families with a large interior, acceptable range and average charging capabilities. The premium styling and interior comforts make up for what it might lack. The original larger e-tron has recently been joined by the Q4 e-tron crossover.

Price: $53,000 to $94,000

Range: 218 to 244 miles

Charging (Public fast charger): can add 135 miles in 35 minutes

Passenger volume: N/A (two rows)

Cargo volume behind second row: 28.5 cubic feet

Total cargo volume: 56.6 cubic feet

Safety ratingIIHS Top Safety Pick Plus

See Audi e-tron new and used listings.

Full-Size Electric SUVs in 2023

Where are all of the suburban-sized electric SUVs at? Unfortunately for larger families, large SUVs and minivans are not very aerodynamic, and therefore require larger battery packs to travel the same number of miles. As traditional and startup automakers ramp up their EV production, they’re increasingly left with no choice but to ration their batteries. The vast majority of EV automakers rely on battery manufacturers like Panasonic, LG and CATL to produce the batteries they need for their electric vehicles. If an automaker like Ford has signed supply contracts for X number of batteries, does it make sense for them to make 100,000 compact crossovers, or 20,000 full-size SUVs? 

However, it looks like electric full-size SUVs are coming due to popular demand. There are just two quite expensive options now, but others are nearing production soon.

If you’re open to plug-in hybrids, the Chrysler Pacifica PHEV is a great vehicle, if you can find one at a fair price.

Tesla Model X

2023 Tesla Model X

It’s not cheap, but the Model X is the most popular fully-electric three-row SUV today. With gull-wing doors and a massive glass roof, there’s no hiding the fact that the Tesla Model X is a luxury SUV.

Price: $120,990 to $150,000+

Range: 351 miles

Charging (Public fast charger): can add 200 miles in 15 minutes

Passenger volume: N/A (three rows)

Cargo volume behind second row: 42.5 cubic feet

Total cargo volume: 92.3 cubic feet

Safety rating: 5 stars from Euro NCAP

See Tesla Model X new and used listings.

Rivian R1S

Rivian R1S pricing and range

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 R1S is a blend of luxury and off-road capability. 

Price: Starting at $91,000

Range: 316 miles

Charging (Public fast charger): can add 140 miles in 20 minutes

Passenger volume: N/A (three-row SUV)

Cargo volume behind second row: N/A

Total cargo volume: 88.2 cubic feet

Safety rating: N/A

Learn more about the Rivian R1S.

VinFast VF9 (Beginning US sales in 2023)

vinfast vf9

This three-row SUV has a starting price nearly $30,000 below the electric competition in this segment. VinFast is building a massive factory to build EVs in North Carolina. There’s a catch: Batteries are sold separately. VinFast offers two battery subscription plans. The VF9 also has a smaller sibling, the VF8.

Price: Starting at $55,500 + battery subscription

Range: 262 to 369 miles

Charging (Public fast charger):

Passenger volume: N/A (three-row SUV)

Cargo volume behind second row:  N/A

Total cargo volume: N/A

NHTSA safety rating: N/A

Learn more about the VinFast VF9.

Coming in 2024

Kia EV9 update
Kia EV9 in testing

The Hyundai IONIQ 7 will be Hyundai’s first three-row electric SUV. It will be joined by Kia’s version, the Kia EV9 electric SUV. Both of these should bring somewhat more affordable electric full-size SUVs to the American market. The IONIQ 7 and EV9 remain concept cars for now, with production details to be released this year.

NIO is a Chinese automaker very likely on a path to North American auto sales. With a corporate headquarters already open in California and US-market job postings, it’s all but certain. The NIO ES8 is a three-row electric SUV likely to make an American debut in 2024.

Electric Crossovers That Didn’t Make the List

2022 Chevrolet Bolt EUV

These EVs are great around town, but not recommended for family road trips.

Toyota bZ4X

With disappointing fast-charging capabilities, the bZ4X would be a real hassle on a road trip. The most capable all-wheel drive variant is rated at just 228 miles on a charge. That would be a non-issue if it wasn’t restricted to 100 kW at a DC fast charger. In the real world, the bZ4X and its sibling the Subaru Solterra would require 45 minute to hour-long charging stops every 175 miles or so on the interstate. That’s a lot of waiting around with a family! 

Weeks after deliveries began, all bZ4X electric crossovers were recalled due to the risk of the wheels literally falling off. See our full breakdown of the Toyota bZ4X here. With faster charging, it would be a much better option!

Subaru Solterra

The Solterra is the Subaru-branded sibling to the Toyota bZ4X. It’s essentially an electric Crosstrek. While standard all-wheel drive stays true to its Subaru roots, once again it’s the pitifully outdated charging capabilities that keep the Solterra off of our recommendations. Range is below average at 222 to 228 miles of range. It could be worth a look if you never hit the highway. Learn more about the Subaru Solterra.

Chevrolet Bolt

You’re probably starting to see what makes or breaks an EVs suitability for families. Range, safety, interior room and charging speed are all important. If you travel, range and charging speed matter a lot. If you plan to stick around home, you have many more affordable electric vehicles to consider. The Bolt really only fails in one of these categories, but it fails in a big way. The 2023 Chevrolet Bolt has the same 55 kW DC fast charging limitation as the original Bolt did way back in 2017. With 259 miles of range (that’s not bad!), that means you’d be stopping to charge for 45 minutes to an hour every 180 to 200 miles on a road trip. About 90% of EV charging is done at home on average, but the Bolt requires a lot of patience on road trips. We covered the 2023 Chevy Bolt in detail here.

Nissan Leaf

The Leaf was the first mainstream EV to go on sale in North America. It’s been a much-appreciated affordable option since 2011, but Nissan has failed to update the Leaf as competitors entered the scene. A top-of-the-line 2023 Nissan Leaf is rated for 212 miles on a charge, but the peak charging speed is outdated. In a best case scenario, it takes 40 minutes to add  175 miles of range. Plus, the Leaf has an outdated charge port style known as CHAdeMO. You’ll have to haul an adapter around with you to charge in public.

Will Electric Vehicles Get Cheaper in 2023?

It would be a welcome surprise if electric car prices dropped in 2023. Right now, EV prices are headed in the opposite direction. It seems like every week automakers from Tesla to Ford are announcing price increases for their electric models. In 2022, the average transaction price for an electric vehicle was $66,000, more than $11,000 higher than traditional vehicles. Fuel savings add up, but higher prices can bite into fuel and maintenance savings for years. See break even times for today’s most popular EVs.

Simply put, the more you drive, the quicker you will reach a break-even point with your EV purchase. If you drive less than 10,000 miles per year, going electric just doesn’t make sense right now when it comes to cost. However, it sure is great eliminating tailpipe emissions.

A new analysis by iSeeCars finds that used electric car prices are rising much faster than their combustion counterparts. The report finds that EV prices are up 54% year-over-year. ICE vehicles were up 10.1% during that same period. There are more signs that used car prices are beginning to drop, but it’s within the realm of possibility that EV and PHEV prices will remain elevated even as the overall used car market softens. People are scrambling to buy EVs, and demand continues to exceed supply.

The New EV Tax Credit Helps Some, But Not All

The Inflation Reduction Act of 2022 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. See what does qualify.

Generous state and local incentives may make the switch to an EV much more affordable, depending on where you live. See the most generous state-level EV incentives, and check with the DSIRE clean energy incentive database to find more incentives for your specific location.

Which family-size electric car are you considering? Let us know in the comments, or better yet join the conversation at our CarEdge Community forum.

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