Not too distant in the past, it would require a considerable amount of time to recover the expenses of transitioning to a hybrid vehicle due to fuel savings. However, with the introduction of a fresh lineup of more affordable hybrid cars, trucks, and SUVs, the financial calculations are now tilting in favor of budget-conscious consumers. A wide array of hybrid choices is currently available, with price points starting from $20k++. This expansion in affordable hybrid cars is appealing to a broader demographic, making it easier for individuals looking to economize on their fuel expenses.
In this compilation, we’ve gathered information on the most economical hybrid vehicles, which also includes plug-in hybrids (PHEVs). These vehicles are organized based on their MSRP, taking into account destination charges.
Some of the Most Affordable Hybrid Cars this 2023
If you’re looking for the cheapest hybrid cars, our list has it all! From sedans to SUVs, you can find the best hybrids available without breaking the bank!
2024 Toyota Corolla – $22,995
The 2024 Toyota Corolla is the cheapest hybrid car in the list and holds a special place in the hearts of many, and there’s a good reason for it. With its cutting-edge technology and safety features, the latest model manages to outshine its price tag, and its hybrid variants are exceptionally fuel-efficient. While the Corolla might not be the most thrilling option out there, it certainly compensates with its outstanding value proposition.
Toyota’s Corolla comfortably seats five individuals and boasts a diverse lineup of seven trim levels. Among these, the Hybrid SE FWD stands out as a crowd favorite, starting at an attractive price point of $26,835. Equipped with a Hybrid 1.8L I4 engine and Front Wheel Drive, this Corolla variant is estimated to achieve an impressive 50 MPG in the city and 43 MPG on the highway.
2023 Ford Maverick XL Hybrid – $24,000
It’s not a mirage – there’s a budget-friendly hybrid pickup truck making waves in the market right now. The Maverick’s gas-electric iteration, packing a punch with 191 horsepower, is exclusively offered with front-wheel drive and boasts an impressive fuel economy of 37 mpg. Despite its compact size, this truck is no slouch when it comes to hauling capability, with a bed that can accommodate up to 1,500 pounds and towing capacity maxing out at 2,000 pounds.
2023 Hyundai Elantra Hybrid Blue – $26,000
Achieving an impressive combined EPA rating of 54 mpg, the Elantra Hybrid Blue stands as a chic compact sedan equipped with a robust 139 horsepower engine and ample interior space. Within the cabin, there’s a generous 99 cubic feet of passenger room, while the trunk offers slightly over 14 cubic feet of cargo capacity.
2023 Toyota Prius – $28,545
When we put the 2023 Prius hybrid up against its lineage of four previous generations, it undeniably stands out with a perfect “10.” However, even with its impressive legacy, this five-seat hatchback does exhibit a few weaknesses, such as a reduction in cargo space and a somewhat cramped rear seating area that might not sit well with some potential hybrid enthusiasts.
The Toyota Prius, accommodating five passengers, offers a variety of options across its three trim levels. The LE FWD, the most favored style, commences at a reasonable price of $28,545. Equipped with a Hybrid 2.0L I4 engine and Front Wheel Drive, this particular Prius is estimated to deliver an outstanding 57 MPG in the city and 56 MPG on the highway.
2023 Hyundai Sonata Hybrid Blue – $29,000
When it comes to Sonata Hybrid vs Camry Hybrid, the Sonata manages to match its counterpart with an identical EPA rating of 52 mpg combined. Impressively, it can traverse a remarkable 686 miles on a single tank of fuel. While the Sonata’s 192 horsepower falls slightly short of the Camry’s power, it makes up for it with more generous trunk and passenger spaces, offering approximately 16 cubic feet of cargo room and a spacious 105 cubic feet for passengers.
2023 Hyundai Tucson Hybrid Blue – $32,000
The entry-level Tucson Hybrid delivers an impressive 38 mpg fuel efficiency. With a robust 226 horsepower at your disposal, this Hyundai model also includes all-wheel drive as a standard feature. The Tucson stands out as one of the most versatile vehicles in its category. It offers a generous range of storage space at the rear, ranging from approximately 39 to 75 cubic feet. This is contingent on whether you choose to fold down the rear seats. Furthermore, this compact crossover boasts a towing capacity of up to 2,000 pounds. Thus, adding another layer of practicality to its repertoire.
2023 Toyota RAV4 Hybrid LE – $32,000
In Toyota’s lineup of the beloved RAV4 compact crossover, there’s a selection of various powertrains, one of which is a robust 219-horsepower gas-electric configuration. The conventional hybrid variant, exclusively offered with all-wheel drive, achieves an impressive 40 mpg combined. When it comes to cargo space, the RAV4 hybrid can comfortably accommodate between approximately 38 and 70 cubic feet. The configuration of the rear seats determining the exact capacity.
2023 Toyota Crown – $41,045
Toyota has effectively created a seamless fusion of the sedan and crossover categories in its 2023 Crown. This offering is sure to captivate those who have a penchant for creature comforts. Plus, it’s coupled with an appreciation for the convenience and enhanced visibility that taller seating provides. Moreover, it caters to those who favor the aesthetics and sensations offered by a sedan.
The Toyota Crown accommodates up to five passengers and boasts a selection of three distinct trim levels. Among these, the Limited variant stands out as a top choice, commencing at a starting price of $46,645. It’s equipped with a Hybrid 2.5L I4 engine and All Wheel Drive. So the Crown is projected to deliver an impressive 42 MPG in city driving and 41 MPG on the highway.
Which Cheap Hybrid Cars Caught Your Attention?
Ready to join the green revolution and save big on fuel without breaking the bank? Then explore our curated list of affordable hybrid vehicles. Choose from compact sedans to versatile crossovers and even a budget-friendly hybrid pickup truck. With prices starting as low as $20,000, there’s a hybrid for every budget. Don’t miss out on the chance to reduce your carbon footprint while enjoying excellent fuel efficiency. Take the first step towards eco-conscious with affordable hybrid cars!