With gas prices soaring and lots of inventory available, used EVs are the best deal on the car market today, experts say, because of lower upfront costs and dramatically lower fuel expenses over the long run.

“Today, you can get a four- or five-year-old EV with less than 100,000 kilometres for under $25,000,” said Daniel Chitayat, vice-president of Marketplace Supply at Clutch.ca, an online used car sales platform. “Then, you’ll immediately save anywhere between $100 and $150 a week on gas.”