Fact Check: "Electric cars can be priced below $8,000 in some markets."
What We Know
The claim that electric cars can be priced below $8,000 in some markets is not supported by current market data. According to a detailed analysis of the cheapest electric cars available in 2025, the lowest-priced electric vehicle (EV) is the Nissan Leaf, which has a starting price of approximately $28,140 before any potential tax credits (InsideEVs). Even with federal tax credits, which can reduce the effective price by up to $7,500, the Leaf would still not reach the $8,000 threshold, making it clear that no new electric vehicles are being sold at or below that price point.
Analysis
The assertion that electric cars can be found for under $8,000 may stem from a misunderstanding of the market dynamics or the availability of used electric vehicles. However, the current landscape of new electric vehicles shows that even the cheapest models are significantly above this price. For instance, the Chevrolet Equinox EV, another affordable option, starts at $34,295 (InsideEVs).
While it is true that some used electric vehicles may be available for lower prices, the claim specifically refers to new electric cars. The market for used EVs is influenced by various factors, including depreciation and the availability of incentives, but these vehicles do not fall under the category of "new" cars. Furthermore, the reliability of the sources discussing used EV prices varies, and they do not provide a comprehensive view of the new car market.
Additionally, the credibility of the sources used to support the claim is questionable. Many articles discussing electric vehicles focus on new models and their pricing, which consistently shows that new EVs are priced well above $8,000. For example, a list of the cheapest electric vehicles in 2025 highlights that even the most affordable options are priced in the mid to high $20,000 range (Car and Driver, Coltura).
Conclusion
The claim that electric cars can be priced below $8,000 in some markets is False. The lowest-priced new electric vehicles currently available start at prices significantly higher than $8,000, even when accounting for federal tax credits. The assertion may be misleading, as it does not differentiate between new and used vehicles, and the current market data does not support such a claim for new electric cars.
