Best Hybrid and Electric Cars for the Money in 2023

2023 Chevrolet Bolt EV

These Are the Highest-Value Electrified Vehicles on the Market

Shoppers are more interested than ever in fully electric and hybrid vehicles. The best hybrid cars use their potent powertrains, which consist of an electric motor and a self-charging battery pack that assist a gasoline engine, to increase the fun factor as well as efficiency. A good hybrid can achieve EPA ratings upwards of 50 mpg combined.

Plug-in hybrids feature a larger battery pack that gives the car the ability to run solely on electric power for a certain distance before switching to hybrid mode, provided the battery has been plugged into the power grid to charge.

An electric vehicle, however, is much more of a commitment — there’s no option to simply stop by a gas station when the battery runs low. With proper preparation and planning, an EV is an increasingly easy-to-live-with choice, especially for those who can charge at home or at work, and new models have more impressive ranges than EVs of even just the past few years. It’s no longer super expensive to find an EV that can go several hundred miles on a charge.

On the following slides, you’ll find the best values in electrified vehicles for 2022 and 2023. Data used includes each vehicle’s U.S. News Overall Score, which factors in safety test results, predicted reliability and other attributes that matter to new car shoppers. We also note predicted five-year ownership costs for each model, based on information available from the research firm Vincentric.

Next:4) 2023 Hyundai Sonata Hybrid

2023 Hyundai Sonata Hybrid

Hyundai Motor America

4) 2023 Hyundai Sonata Hybrid

MSRP: $27,950 | 5-Year Ownership Costs: $48,986 | Overall Score: 8.6/10

Value: The sleek and sophisticated Hyundai Sonata Hybrid midsize sedan is as efficient as it is attractive. The EPA says the Sonata Hybrid is good for 50 mpg in the city and 54 mpg on the highway in the most efficient Blue trim, while other configurations are rated for 45/51 mpg. That results in an annual fuel savings of $500 to $600 compared to the regular Hyundai Sonata, depending on the particular trims being compared.

Quality: Buyers can expect longevity from the Hyundai Sonata Hybrid. It earns a Great predicted reliability score of 82 out of 100 from J.D. Power, and it’s backed by Hyundai’s best-in-class warranty with powertrain coverage of 10 years/100,000 miles.

The Sonata Hybrid’s powertrain provides satisfying acceleration, with a combined 192 horsepower and 151 pound-feet of torque from the 2.0-liter four-cylinder engine paired with an electric motor.

The National Highway Traffic Safety Administration awarded an overall safety rating of five out of five stars for the 2023 Sonata Hybrid.


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