Summary
- PHEVs can be a good alternative to EVs, offering flexibility for short trips and long-distance travel
- PHEVs are not typically affordable, but some are eligible for federal tax credits
- Toyota Prius Prime is the cheapest PHEV in America, starting at $32,795 with 44 miles of range
- Lexus NX 450h+ is a top-of-the-line PHEV with 304 horsepower and 37 miles of EV-only range
- Jeep Wrangler 4xe offers 370 horsepower, 21 miles of EV-only range, and attractive financing and lease deals
Article
In the realm of electric vehicles, not everyone is ready for an EV yet. Plug-in hybrids (PHEVs) offer a compelling alternative for those wanting the best of both worlds. PHEVs allow owners to use the battery for short trips and commutes, while also having the option to use the internal combustion engine for longer road trips. Many PHEV batteries can charge overnight on a conventional outlet, eliminating the need for a Level 2 charger. However, one drawback of PHEVs is that they may not be as affordable as traditional vehicles since they typically involve adding an expensive battery pack to an existing combustion vehicle. Despite this, some PHEVs are eligible for federal tax credits, and there are good deals available for those willing to shop around.
The Toyota Prius Prime stands out as one of America’s cheapest PHEVs, starting at $32,795. It offers an EV-only range of 44 miles, making it practical for short commutes. While the Prius Prime is not eligible for a tax credit, Toyota is offering lease cash incentives to make the deal more attractive in certain states. On the other end of the spectrum, the Lexus NX 450h+ is a top-of-the-line PHEV with a starting price of $62,415. Despite its high price tag, Lexus has been lowering lease prices in select states to make it more accessible to buyers.
For those in the market for an SUV PHEV, the Jeep Wrangler Sport 4xe is worth considering. With a starting price of $50,695 and an EV-only range of 21 miles, the Wrangler 4xe offers a potent non-V8 powertrain with impressive horsepower and torque. Jeep is currently offering financing incentives and tax credits to make the Wrangler 4xe more affordable for buyers. The Mitsubishi Outlander PHEV is another budget-friendly option, starting at $40,445 and offering an EV-only range of 38 miles. Lease deals on the Outlander PHEV can bring monthly payments down to the low $300s, making it an attractive choice for budget-conscious buyers.
The Chrysler Pacifica Hybrid stands out as the only plug-in hybrid minivan on the market. With a starting price of $51,250 and an EV-only range of 32 miles, the Pacifica Hybrid offers seating for seven and ample cargo space. It is also eligible for the full $7,500 tax credit, making it a compelling option for families in need of a spacious and fuel-efficient vehicle. Chrysler is offering financing incentives and cashback options to sweeten the deal for Pacifica Hybrid buyers. Overall, PHEVs offer a practical and efficient alternative to traditional vehicles, providing the flexibility of using both electric and internal combustion power depending on the situation.
In conclusion, PHEVs are a versatile option for buyers looking to dip their toes into the world of electric vehicles without committing to a fully battery-powered model. While PHEVs may not always be the most affordable option, there are incentives and deals available to make them more accessible to a wider range of buyers. Whether you’re looking for a compact car like the Toyota Prius Prime, a luxury crossover like the Lexus NX 450h+, or a family-friendly minivan like the Chrysler Pacifica Hybrid, there is a PHEV option to fit your needs and budget. With advancements in battery technology and an increasing focus on sustainability, PHEVs are likely to become an even more popular choice in the years to come.
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