8 Best Hybrid and Electric SUVs for the Money in 2020

2020 Toyota RAV4 Hybrid
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Here's the Ranking From the U.S. News Best Hybrid and Electric SUV for the Money Award

Deciding on a new SUV is no easy task thanks to the large and growing selection of vehicles available, as well as each vehicle’s individual strengths and weaknesses. For this reason, it’s important to look at each SUV’s quality-to-value ratio to make sure you’re getting the accommodations and performance you desire while also staying within your budget.

The above may be even more true for people planning to make the switch to a hybrid or electric SUV. Due to the additional upfront cost associated with most alternatively powered vehicles, it’s wise to take a close look at each SUV’s overall features and total cost of ownership to determine whether the vehicle is worth the money. Will you be happy with the hybrid or electric SUV you're considering over the long term? 

We provide the U.S. News Best Cars for the Money awards to help you make an informed buying decision. We rank vehicles in each class based on their overall combination of value and quality. Our value component comes from TrueCar average transaction prices and Vincentric five-year total cost of ownership data. For our quality data, we use U.S. News overall scores from our rankings, which are calculated based on expert reviews from the automotive press, safety scores, and predicted reliability data. Note that our scores are updated regularly as new data and expert reviews become available. For this reason, the scores in this article may differ from the scores in our rankings and individual vehicle reviews.

It’s important to point out that while conventional hybrid vehicles don’t qualify for any federal tax credits, you may be eligible for a federal tax credit of up to $7,500 if you purchase a plug-in hybrid electric vehicle (PHEV) or battery-electric vehicle (BEV). In addition, some state and local governments offer incentives as well. These credits and rebates help offset the higher upfront costs associated with electric vehicles. However, make sure to check with a tax professional to determine if your individual tax situation will allow you to take advantage of such incentives.

Let’s take a look at how these hybrid and electric SUVs stack up when it comes to the best overall combination of quality and value.

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