Best Electric Vehicles Under $25,000 in 2025

Ecological bonuses and federal tax credit are just a few of the reasons encouraging Indiana drivers to transition to clean-energy cars in 2025. But how do you select the right EV model, especially with a limited budget? Check out our curated selection to discover the best electric cars under 25,000 USD to buy used in 2025.

Which used EV under 25K to buy in Indiana?

Purchasing a used electric vehicle (EV) for under $25,000 not only offers an environmentally friendly means of transportation but also opens the door to significant savings. These pre-owned vehicles may qualify for a federal tax credit of up to $4,000, further enhancing their affordability. 

• Tesla Model 3. The Tesla Model 3 is a sleek, battery-powered compact sedan that delivers swift acceleration, luxurious comfort, and cutting-edge safety tech. As a pioneer in its class, it remains a top choice for EV buyers seeking innovation, performance, and modern design.
• Chevy Bolt EV. A popular choice among electric vehicles, the Bolt EV and EUV models are often priced below $25,000 and may qualify for the used EV tax credit.
• Nissan Leaf. The Leaf presents another budget-friendly option among best electric vehicles commonly available for under 25,000 USD.
• Hyundai Kona Electric. This model stands out as one of the EVs in the Indiana market, typically available for under $25,000.
• Kia Niro EV. The Niro EV is a practical and economical choice for those seeking a used electric car in Indiana.
• BMW i3. The BMW i3, particularly the REx variant with a range extender, is frequently found on the used market for less than $25K.
• Volkswagen ID.4. The ID.4 can often be found used for around $25,000 and may qualify for the used EV tax credit.

You can also consider such used models as the Hyundai Ioniq Electric, pre-owned Tesla Model 3s, and even the Chevy Spark EV, all of which are eligible for the tax credit at the date of publication. Please, check the actual terms of the Indiana EV credit tax here.

What factors define the cost of used electric cars?

The price of used electric autos in Indiana can vary significantly based on factors such as the make and model, age, and overall condition of the car. In this regard, they are similar to traditional ICE vehicles.

If you're considering purchasing a nearly new electric car (typically one that is about a year old), don't expect substantial savings; the price may be comparable to that of a new vehicle.

Are used electric cars a good option?

There are numerous advantages to buying used electric cars, such as depreciation benefits, tax incentives, reduced insurance premiums for used vehicles, and lower operating costs. However, there are also some potential drawbacks to consider.

One of the main concerns is range. Recent advancements in solid-state battery technology have enabled newer models to achieve ranges exceeding 185 m on a single charge. Many older used models may only offer around 120 miles at best, which means you might need to recharge frequently during your travels.

Additionally, it's worth noting that some older electric vehicles do not support fast charging capabilities that are now standard in newer models.

Despite these drawbacks, a range of 120 miles can be sufficient for many urban drivers. Most older used electric cars are compatible with chargers that were considered fast just a few years ago, typically around 7 kWh. The majority of chargers available in stores today are designed to accommodate this output, making older used models a decent option.

Check also:

• Electric car charging locations in Indiana
• Hybrids and EV comparison
• Electric vehicles for rural areas

Are batteries in used electric cars under $25,000 reliable?

Concerns about lithium-ion battery degradation and its impact on driving range are common among potential buyers, but there's less to worry about than you might think.

The notion that battery capacity significantly diminishes over time is often exaggerated. Surveys of electric vehicles show that the average battery capacity decreases by only about 9% over seven years. For instance, electric cars purchased in 2014 still retain an average of 91% of their original charge capacity.

If you encounter a more significant drop in battery performance, your vehicle manufacturer’s warranty may provide coverage. For example, Kia offers a warranty that covers battery failure (defined as falling below 70% capacity) for up to 7 years or 100,000 miles.

Do electric cars age well?

With only about 20 moving parts in their powertrains (compared to over 2,000 in gasoline engines), electric vehicles require 40% less maintenance throughout their lifespan. Furthermore, their batteries typically have an average annual degradation of about 2%. And keeping in mind that the EV supply cost is lower than the fuel for the gasoline cars, electric vehicles age gracefully. However, they fall short in comparison to the best gasoline cars. Tesla vehicles tend to hold value better than other EVs.

Buy one of the best electric vehicles in Indiana

At Indy Auto Man used auto dealer, you can trade in your vehicle and upgrade to one of the best electric cars under $25K. This transition enables you to compare monthly expenses, assess how charging fits into your lifestyle, and enhance your overall driving experience. Don’t miss the opportunity to make a wise investment in a pre-owned electric car and become an eco-friendly owner of a convenient and affordable EV in Indiana. 

Visit us today at Indy Auto Man in Indianapolis and discover the perfect electric vehicle for you!