Automakers have continually increased their offerings with each new release of models. The offerings in question is with respect to price whereby the automakers are producing affordable and fun plug-in hybrids, as well as electric cars. While consumers are obviously interested in these new vehicles, this year has seen legislation of stringent fuel-efficiency standards for cars. For this reason, automakers have been forced to step up in the manufacture of vehicles that consume less fuel and still compete with their diesel and gasoline counterparts. Additionally, purchasers of new green cars can receive up to $7,500 in incentives for federal tax. The incentives are given for the sole purpose of lowering the costs of buying plug-in hybrids and electric cars. This means that a consumer will find it cheaper or easier to give up gasoline.

The new sporty, fully electric model by Tesla, the Model 3, can cover up to 215 miles on a single charge with consumers having to pay a maximum of $30,000 after rebates of federal tax. This new model is expected to exit its California-based production lines in the year 2017. Consumers should be glad since the release of this new car is just around the corner.

Another case example is the redesigned C-Max Energi by Ford, which is a plug-in car that gives drivers a maximum range of 500 miles. This is in addition to an all-electric driving range of 19 miles and a cost of less than $28,000, inclusive of federal tax rebates. General Motors has not been left behind as its Chevrolet brand plans to come up with numerous affordable plug-in hybrid and electric cars. There is the Spark electric car that will have a range of up to 80 miles on a single charge. For this car, consumers will part with less than $19,000. Chevrolet fans searching for a torquier ride and beefier engine can choose the Chevy Volt plug-in hybrid car that has a range of 380 miles and electric range of 38 miles. This car will retail for less than $27,000.

While the mentioned options are great for those who need to purchase a car immediately, the people willing to hold on till next year should wait for the Tesla Model 3. This all-electric sedan will have a range of 215 miles and a retail price of $35,000. This means that a consumer will pay approximately $27,500, factoring in the tax rebates. Tesla hopes the Model 3 will be the “It” electric car considering its sporty and stylish appearance.