Five used plug-in hybrid vehicles combine thrift, quality
Buying a plug-in hybrid vehicle, or PHEV, can be a great way to ensure fuel efficiency. These are hybrid vehicles that drive just like a regular hybrid but have a chargeable battery that allows you to first drive a short distance on all-electric power. Frequently charging the battery at home can significantly reduce your gasoline use. A new PHEV is typically a lot more expensive than a regular hybrid. That’s where buying a used plug-in hybrid comes into play.
Enough PHEVS have hit the used market that finding one isn’t much of a problem. You can get up to $4,000, or 30 percent of the sales price, off a used plug-in hybrid. To qualify for the federal tax credit, the plug-in hybrid you’re interested in must: 1) be purchased from a licensed dealership; 2) cost $25,000 or less; and 3) be at least two model years old from the current year.
The car experts at Edmunds rounded up five of their top used plug-in hybrid picks. The estimated price ranges listed below are what you can typically expect to pay at a nationwide no-haggle dealership such as Carmax or Carvana.
Toyota Prius Prime
The Prius Prime is the plugin hybrid version of the regular Prius hybrid. The previous generation Prius Prime, or the 2017 through 2022 model years, qualifies for the tax credit. The older Prius Plug-in Hybrid model and the current Prius Prime don’t qualify.
The Prime provides a respectable Epa-estimated electric driving range of 25 miles. But when operating like a regular hybrid, it’s the most efficient on the list with an impressive combined rating of 54 mpg.
2017-2022 model pricing:
$18,000-$32,000
Chevrolet Volt
Unlike the other models on the list, the Volt is only available as a plug-in hybrid. Both generations of the Volt, which ran from 2011 to 2019, qualify for the tax credit, meaning older models are very affordable with the tax credit.
The Volt, which is a hatchback, provides the longest electric driving range on the list. The first-generation model has an Epa-estimated 35 to 38 miles of electric range, and the second-generation model boasts an impressive 53 miles. When driving as a hybrid, the first-generation Volt gets 37 mpg combined, and the second-generation model delivers 42 mpg combined.
2011-2019 model pricing:
$12,000-$24,600
Ford Fusion Energi
The Fusion sedan is long gone, but plug-in hybrid Energi models qualify for the tax credit. The non-hybrid and hybrid models do not qualify. Production of the Energi model spanned from 2013 until 2020.
Depending on the model year, the Fusion Energi has a driving range of 19 to 26 miles and is rated at 38 to 42 mpg in combined driving when operating like a hybrid.
2013-2020 model pricing:
$15,000-$25,000
Kia Niro plug-in hybrid
As the name implies, the Niro Plug-in Hybrid is the plug-in hybrid version of the Niro crossover, which is a regular hybrid. The previous-generation model that ran from 2018 through 2022 qualifies for the tax credit, but the current model doesn’t qualify yet.
The Niro Plug-in Hybrid can drive 26 miles on electric power and delivers 46 mpg in combined driving when running like a regular hybrid.
2018-2022 model pricing:
$20,000-$27,000
Mitsubishi Outlander PHEV
The Outlander PHEV is the plug-in hybrid version of the regular Outlander.
The previous-generation Outlander PHEV qualifies for the tax credit and was available from 2018 to 2022. The current model is still too new to qualify.
The all-wheel-drive Outlander PHEV provides a commendable electric range of 22 to 24 miles but has the worst fuel economy on the list when running as a hybrid: 25 to 26 mpg combined.
2018-2022 model pricing:
$20,000-$27,000