10 HIGHLY DEPRECIATED ALTERNATIVES TO THE CHEVY CORVETTE E-RAY

The all-new Chevrolet Corvette E-Ray marks a significant step for the GM group, as it officially introduces electrification into its hallmark sports car. The E-Ray is such a compelling product that many dealers are forced to implement waiting lists that stretch up to three years long. You also have to consider the fact that it starts at $104,900 before options, taxes, and delivery fees. The Corvette E-Ray is a prime example of how to make a stellar and engaging V-8 sports car that can return an impressive set of fuel consumption returns.

Generally speaking, it's difficult to recommend a suitable EV alternative for the E-Ray as there isn't really a proper electric sports car currently available in the U.S. that costs anywhere near $100,000. Even the upcoming Tesla Roadster boasts an estimated $200,000 starting price when it arrives in 2026. Its 3.0-second 0-60 MPH time is also a figure that a lot of new electric performance cars can't really compete with, other than a handful of high-end selections. However, if you are in the market for a quick EV that could supplement the E-Ray's performance characteristics, these heavily depreciated models should satisfy your needs while saving you a few bucks.

Tesla Model Y Performance

Estimated Used Value: $31,915

The Tesla Model Y is one of the best-value products you'll find that can come close to matching the E-Ray's impressive performance abilities. The 2023 model suffers from a serious loss of value because Tesla cut the 2024 model year's pricing. As a result, you can pick up a slightly used year-old example for as little as $31,915, which is much less than its $53,880 starting price.

Performance Specifications

The Performance derivative features Tesla's older front induction and rear permanent-magnet motor configuration. This produces a combined 456 horsepower and 497 pound-feet, which is quite a bit less than the E-Ray's combined output, but it can still get you from 0-60 MPH in as little as 3.5 seconds with a 155 MPH top speed.

Kia EV6 GT

Estimated Used Value: $32,510

The Kia EV6 GT is a stellar and practical alternative to the E-Ray and should only cost you around $32,510 for a lightly used year-old example. When new, a 2023 GT sold for $62,925, which is still a lot less than a new E-Ray and unchanged from the current model year's price.

Performance Specifications

The EV6 GT is one of the fastest cars to sit on the Hyundai Group's E-GMP platform. It features a pair of permanent-magnet motors that generate a combined 576 horsepower and 545 pound-feet, affording it a claimed 3.4-second 0-60 MPH time and 161 MPH top speed. Despite its lofty curb weight figure, critics confirm that the performance EV feels pretty light on its feet.

Ford Mustang Mach-E GT Performance

Estimated Used Value: $34,915

A lot of die-hard pony car fans see the Ford Mustang Mach-E as somewhat of a sacrilegious product, but its overwhelming success proves that it enjoys massive appeal among new electric vehicle buyers. The GT Performance is no longer available in 2024, but a one-year-old model typically sells for around $34,915. This is almost half of what you would have paid for a new one last year, which sold for $61,795 plus $5,000 for the Performance package.

Performance Specifications

You can have the Mach-E in several different drivetrain variations, but the Performance pack GT derivative offers the best power outputs. This trim features a pair of permanent-magnet motors, resulting in a 480-horsepower and 634-pound-feet torque output, which gets it from 0-60 MPH in 3.5 seconds. Unfortunately, it does struggle with a relatively low 120 MPH limited top speed. Ford has since replaced this trim with the off-road-focused Rally trim.

BMW i4 M50

Estimated Used Value: $46,585

The BMW i4 M50 is an electric car that you can seriously consider if you're looking for something that matches some level of the E-Ray's sharp handling characteristics. A one-year-old model typically sells for around $46,585, which is not bad considering a new model would have cost you $68,295 last year.

Performance Specifications

The M50 places the ICE M3 range under threat with its 536-horsepower and 586 pound-feet output, affording it a 3.5-second 0-60 MPH time and 140 MPH top speed. BMW achieves this by handing its pair of electrically excited motors to its M division, which also applied some integral upgrades to the CLAR-based EV's suspension setup.

Mercedes-AMG EQE 53

Estimated Used Value: $52,130

The Mercedes-AMG EQE 53 4Matic+ is only worth considering over an E-Ray if you prefer luxury to sportiness. When new, the AMG variant would have cost you $108,050, but you can purchase one today for as little as $52,130, making it one of the fastest-depreciating electric cars currently available today.

Performance Specifications

This features a pair of Benz's permanently electrically excited motors tuned specifically by the AMG division . This produces a combined 677 horsepower and 738 pound-feet if you specify the brand's Dynamic Package, which also increases the top speed to 150 MPH. You can expect this derivative to cover a 0-60 MPH acceleration sprint in around 3.2 seconds.

Tesla Model S Plaid

Estimated Used Value: $65,985

The Tesla Model S Plaid is an exceptional value product that also struggles with poor depreciation for the same reason as the aforementioned Model Y. A 2023 model year example sold for $91,390, but you can pick a year-old example up for as little as $65,985. This is one of the few cars on this list that the E-Ray will not beat in a straight-line race.

Performance Specifications

In terms of performance, the Model S Plaid is the best option you can consider. This features a triple-motor configuration that affords it hypercar-levels of performance, with a 1,020 horsepower state-of-tune that gets it from 0-60 MPH in 1.99 seconds with a one-foot rollout subtracted.

Audi RS E-Tron GT

Estimated Used Value: $74,280

Compared to the other cars on this list, we'd say the Audi RS E-Tron GT doesn't hold its value fairly well, especially when you consider how niche of a high-end EV it really is. When new last year, the RS would have set you back by $145,395. A year-old example now sells for $74,280, making it an exceptional value product when you compare it to the E-Ray.

Performance Specifications

The RS E-Tron GT is a performance-oriented high-end EV that sources technology from the Porsche Taycan. This flagship RS model pumps out 637 horsepower, which gets it from 0-60 MPH in 2.5 seconds. Audi doesn't disclose the torque figure, but it will reach a limited 155 MPH top speed.

Mercedes-AMG EQS 53

Estimated Used Value: $80,105

Like its smaller EQE sibling, the AMG EQS range struggles with some catastrophic depreciation rates. The German brand starts this flagship performance EV's pricing off at a steep $148,700, but you can pick a low mileage one up for as little as $80,105 today.

Performance Specifications

Mercedes-AMG grants the EQS range higher outputs to extend the gap from the EQE. Using the same electrically excited motors with a larger battery pack and the Dynamic Package, it produces 751 horsepower and 752 pound-feet, resulting in a 3.2-second claimed 0-60 MPH time and 155 MPH top speed.

Lucid Air Grand Touring Performance

Estimated Used Value: $83,505

The Lucid Air suffers from one of the biggest value losses on this list. When new, a flagship Grand Touring Performance costs as much as $180,650. Today, you'll find yourself paying just $83,505. This is a car we'd seriously recommend as an alternative to the E-Ray, because of its amazing acceleration and handling abilities.

Performance Specifications

The Grand Touring Performance derivative ups the ante with its 1,050-horsepower and 959-pound-feet dual permanent-magnet motor configuration, returning a 2.7-second tested 0-60 MPH time and 168 MPH top speed.

Porsche Taycan Turbo S

Estimated Used Value: $131,780

The Porsche Taycan is one of the oldest EV options currently available in the U.S. market, affording it a more resilient reputation. Despite this, the 2023 model still suffers from some intense depreciation rates. Last year, the flagship Taycan Turbo S would have cost you $188,850 before any of the brand's steep optional extras. You can pick one up today for as little as $131,780. This is still a bit more than the E-Ray, but the flagship model's amazing performance abilities more than justify the premium.

Performance Specifications

Porsche equips this model with a pair of AC induction motors that generate a combined 751 horsepower and 774 pound-feet . This affords it an incredible 2.6-second 0-60 MPH time and 162 MPH top speed. Additionally, its sharp and dynamically tuned chassis makes it a thrill to drive, while still maintaining the practicality of a family car.

2024-08-05T08:14:00Z dg43tfdfdgfd