Q: I’m finally ready to make the switch from my old gas guzzler to an electric or plug-in hybrid car. What are the best bang-for-my-buck deals on these newfangled vehicles?
— MICKEY LAMONTE, BOSTON
A: With each new model year, automakers continue to expand their offerings of affordable and fun plug-in hybrid and all-electric vehicles.
While consumers obviously want these new cars, this year’s phase-in of President Barack Obama’s higher automotive fuel efficiency standards have given automakers another reason to step up the manufacturing of less-consumptive vehicles that compete in price with their gas and diesel counterparts.
Also, new-car buyers can cash in on up to $7,500 in federal tax incentives (and possibly more from their own state — check out the Database of State Incentives for Renewable Energy to find out) to help defray the costs of getting into an EV or plug-in hybrid. What this means is that giving up gas has never been so easy — or cheap.
A case in point is Ford’s redesigned C-Max Energi, a plug-in hybrid that gives drivers a range of up to 500 miles as well as 19 miles of all-electric driving for under $28,000, factoring in the federal tax rebate. Not to be outdone, General Motors’ Chevrolet brand is coming on strong with several of its own affordable EVs and plug-in hybrids. The Spark Electric gets more than 80 miles per charge and can be had for less than $19,000. Chevy fans looking for a beefier engine and torquier ride can opt for the Volt plug-in hybrid, which runs for 380 miles using its gas engine as a generator or 38 miles on electric battery power alone — all for less than $27,000.
Meanwhile, German automakers continue to innovate on the electric vehicle front. BMW’s all-electric I3 EV zooms from zero to 60 in seven quiet seconds and, despite its punky look, drives just like a ... Beemer. The all-electric base version of the I3 can be had for around $35,000 and gets drivers 81 miles per charge, but owners can opt to add a small backup gas engine (for another $4,000), turning the car into a plug-in hybrid with a 150-mile range.
While all these choices are well and good if you need a car ASAP, those willing to wait until next year might want to hold out for Tesla’s forthcoming Model 3, a sporty all-electric sedan with a 215-mile range. The car will retail for $35,000, meaning consumers should be able to get it for $27,500 after the federal tax rebate. Tesla is hoping that the solid range, sporty drivetrain and stylish look might just make the Model 3 the “it” EV on the market when it hits showroom floors in 2017.
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