These 20 Electric Cars Are Selling For Less Than MSRP

There are a lot of myths about buying electric cars these days. Many people assume that because Tesla has established a no-haggle online sales policy, that applies to all other electric cars as well. We all hoped electric cars meant the end of the haggling and mind games that dealers are famous for — tactics that most buyers say they loathe.for a car in order to be the first in their neighborhood or at the country club to own one.

In September 2022, electric cars purchased in the United States, excluding Teslas, sold for about $1,500 over sticker price. One year later, those same electric cars sold for about $2,000 under sticker price, according to Edmunds. That’s a much bigger change than for the industry overall. The average new vehicle in America sold for about $900 under its sticker price in September.aggressively in 2023. The base price for a Tesla Model 3 is 17% lower now than it was at the beginning of the year.

Some of the most popular EVs are now selling for hundreds or even thousands of dollars below sticker price in order to increase demand and manufacturers are offering incentives to dealers as well. According to, here are 20 electric cars that are selling for below MSRP today listed in alphabetical order. The list does not include sales of Tesla, Rivian, or Lucid EVs, as those companies do not share their sales data publicly.The outlier here is Tesla. There is no negotiating with the company.

As soon as Tesla lowered the price of the Model Y, that car bought 18 months ago is now worth thousands less at trade-in time. In one sense, Tesla has picked the pockets of its faithful owners to the tune of millions of dollars. Onestaff member has seen the price of the Model 3 he bought in the spring decline by $8,000, which means his equity has decreased by a corresponding amount, but the amount of his car loan has not. The market giveth and the market taketh away.

The bottom line is, never buy a car thinking you will make money on it. Cars are some of the worst investments anyone can make. For those who love to get down and dirty with the sales staff at the local dealership, now is the time to go grab a deal on electric cars. For the rest of us, it’s back to business as usual unless you want to buy online and take your chances with the whims of Elon Musk and his minions. The choice is yours, even though neither option is all that satisfactory.

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