Kia Niro EV

AFTER INCENTIVES

$29,965

MSRP

$39,090

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ESTIMATED INCENTIVES

$9,125

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Loan Payment

$704 / month

Down Payment

$4,300

10% of MSRP plus tax

ESTIMATED INCENTIVES

$9,125

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Lease Payment

$386 / month

FIRST LEASE PAYMENT

$4,686

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Incentives For Lease

$9,125

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TYPE

Crossover

Minimum Seats

FUEL TYPE

BEV

ELECTRIC RANGE

239 miles

MILES PER 30 MIN OF FAST CHARGING

~ 83 miles

TIME TO CHARGE - LEVEL 2

~ 9 hr 10 min

BATTERY SIZE

64 kWh

CO2 EMISSIONS REDUCTION

7,500 lbs/yr

Trees Planted

156

Gasoline Saved

667 gal/yr

For more details including charts & calculations, please view this page on a desktop.

Compare the Kia Niro EV to a similar gas vehicle, the Honda HR-V FWD.

We selected the Honda HR-V FWD based on its proximity to the Kia Niro EV based on brand, size, and price.

Purchase Method

Miles Driven Per Year

20,000 miles

Years of Ownership/Lease

5 years

Gasoline Price ($/gal)

$2.95

Assumptions

Sales Tax10.00%

Electricity Rate$0.107/kWh

Electricity rate is calculated as a blended rate based off an average household consumption of 700 kWh. To learn more, please click here.

Results have been updated as of 2/24/2021, 3:50:07 PM.

Cost to Fill Up Monthly

The Kia Niro EV is $110 cheaper to fill up monthly

Vehicles	Electricity	Gasoline	Total
Kia Niro EV	$53	$0	$53
Honda HR-V FWD	$0	$164	$164

Cost of Ownership

The Kia Niro EV is $1,622 cheaper to own over 5 years

Description	Kia Niro EV	Honda HR-V FWD
Vehicle	$24,416	$18,019
Maintenance	$3,216	$5,481
Insurance	$8,995	$8,126
Electricity	$3,210	$0
Gasoline	$0	$9,833
Total	$39,837	$41,459

Compare the cumulative lifetime cost of the Kia Niro EV to a Honda HR-V FWD

Year	Kia Niro EV	Honda HR-V FWD
Year 0	$29,965	$21,000
Year 1	$36,958	$27,788
Year 2	$40,043	$32,476
Year 3	$43,127	$37,164
Year 4	$46,211	$41,852
Year 5	$39,837	$41,459

Note: Breakeven chart assumes the vehicles are purchased in cash.

Up to $7,500 in federal tax credits, plus additional state tax exemptions, are available
for the Kia Niro EV

Tax Credit

$7,500

Federal Tax Credit

Tax credit for the purchase of a new plug-in electric drive motor vehicle. Credit amount depends on the car's battery capacity.

Tax Credit

Up to $1,000

Federal Alternative Fuel Infrastructure Tax Credit

Customers who purchase qualified residential fueling equipment before December 31, 2021, may receive a tax credit of up to $1,000.

Tax Exemption

Washington State EV Infrastructure Tax Exemption

Washington sales and use taxes do not apply to the labor and services for purchasing and installing EV infrastructure, including home charging stations.

Tax Exemption

$1,625

Washington State EV Tax Exemption

New passenger cars, light-duty trucks, and medium-duty passenger vehicles that are dedicated AFVs and under $45,000 are exempt from state motor vehicle sales and use taxes. For used vehicles, the price must be below $30,000. Conditions and limitations apply.