 TITLE: What Are the Cheapest Hybrid and Electric Vehicles? CONTENT: The Top Electric and Hybrid Models and Their Costs\n--------------------------------------------------\nThere are several factors to consider when deciding which type of vehicle to purchase. For some drivers, cost is the most important factor to consider; for others, it's safety. But if you're thinking about buying an electric or hybrid car, you may also be considering your impact on the environment.\n\"It's been a bit more challenging as a consumer to include environmental impact because financial impact is something that we can feel, we can touch it, it impacts our wallet and our daily life,\" says Melinda Zabritski, Experian's senior director of automotive financial solutions.  \n\"Environmental impact can feel more vague. It's more of that long-term future, more of a future view of life and of society.\"\nWhile it's difficult to quantify how buying an electric or hybrid car will impact the environment, you can compare and analyze vehicle prices to help aid in your decision. According to recent data from Experian Automotive, here are the top 10 electric and hybrid models and how much you can expect to pay each month to buy one.\nSource: Experian State of the Automotive Finance Market Report, Q4 2020\nAs you can see, the majority of the most affordable options available come from Toyota, which has the greatest market share of electric and hybrid vehicles at 38.57%. While Tesla has the second-highest market share at 25.82%, its models are the most expensive on the list.\nOf course, it's important to keep in mind that these are average monthly payments. The average credit score for new purchases of nine out of the top 10 hybrid and electric models is above 750, and if your credit score is in that ballpark, you can assume excellent financing terms. If your credit score is lower than that, however, you may end up with a higher-than-average monthly payment. Also, the lower your down payment, the higher your monthly bill will be. END