Find out what our economists say about car prices dropping. We share the best and most updated information so you can make an informed car-buying decision.

New electric vehicles sold in the United States have become less expensive in the last 12 months, according to Kelley Blue Book’s latest report, with the average transaction price (ATP) of a new EV going down more than 22 percent in September compared with the same month last year.

InsideEVs compares prices of all new EVs in 2021.

Tesla’s base Model 3 and Model Y now have both cheaper starting prices than the average new car in the US.