Resources
How much EV can I afford?
Enter your income and down payment. We'll apply the 20/4/10 rule and show you which new and used EVs fit your budget.
20/4/10 result
$25,000
max purchase price
$667/mo
max monthly payment
Constrained by the down payment rule — 4-year loan at 7%.
In your budget — new
No current EVs in our catalog fit this budget. Consider a used vehicle below.
In your budget — used (estimated)
Prices estimated using a standard depreciation model. Actual prices vary.
No used EVs from our catalog fit this estimated budget.
Used price estimates apply a heuristic depreciation model (20% year 1, 12%/yr after) to current MSRP. Actual used prices vary significantly by trim, mileage, condition, and market. Always verify with: Recurrent, CarGurus, or AutoTrader.
The 20/4/10 rule is a general guideline. Your actual loan terms, insurance costs, and financial situation may differ.