If you’re looking for an efficient, well-equipped, stylish hybrid vehicle, there’s never been a better time to buy. Electric vehicles and plug-in hybrids might be getting most of the love on social media these days, but conventional hybrids are the sweet spot for efficiency and value, especially on a regular person’s budget.
Here are 10 of the best hybrid cars you can buy for less than $40,000.
Note: Prices quoted below don’t include tax, title, licensing, or destination fees. Pricing may vary by region, or depending on dealer specials and other incentives, too, so be sure to check local availability. This list includes new hybrid vehicles priced above $30,000 and below $40,000.
1. 2023 Toyota Sienna
Starting Price: $36,135
Fuel Economy: 36 mpg combined (36 city/36 hwy)
The Toyota Sienna is the Kelley Blue Book Minivan Best Buy Award winner for 2023, representing an unmatched value in the minivan segment. The 2023 Sienna is a hybrid by default and even offers all-wheel drive (AWD) at a cost of just one mpg combined. All 2023 Siennas come standard with the Toyota Safety Sense 2.0 driver assist suite. To stay below $40,000, you’ll need to choose the base Sienna. You can add AWD for just $2,000, making the Sienna a safe, all-weather hybrid for the whole family. See Toyota Sienna models for sale near you
2. 2023 Honda CR-V Hybrid
Starting Price: $32,950
Fuel Economy: 40 mpg combined (43 city/36 hwy)
Kelley Blue Book’s top-rated hybrid SUV, the 2023 Honda CR-V Hybrid is the benchmark for all other hybrid SUVs, rated at up to 40 mpg combined. Even with all-wheel drive, the CR-V Hybrid scores a combined 37 mpg, while still offering all of the comfort, practicality, and space of the standard CR-V. See Honda CR-V Hybrid models for sale near you
3. 2023 Toyota RAV4 Hybrid
Starting Price: $30,725
Fuel Economy: 40 mpg combined (41 city/38 hwy)
Not to be outdone by Honda, the 2023 Toyota RAV4 Hybrid is also an excellent daily companion. It boasts a roomy cabin, lots of standard safety features, and solid fuel economy — up to 40 mpg combined. It’s also ranked third among Kelley Blue Book’s Most Fuel-Efficient SUVs. For 2023, there’s a new Woodland Edition that adds a dash of off-road flavor to the RAV4’s mix. See Toyota RAV4 Hybrid models for sale near you
4. 2023 Honda Accord Hybrid
Starting Price: $31,895
Fuel Economy: 48 mpg combined (51 city/44 hwy)
All-new for the 2023 model year, the 2023 Honda Accord is a hybrid in all but the two lowest trim levels, LX and EX. The Accord’s hybrid drivetrain scores as much as 48 mpg combined in Accord EX-L form, which sits in the middle of the range at $33,540, though even the most loaded Accord Touring hybrid starts from $37,890, well within our budget. See Honda Accord Hybrid models for sale near you
5. 2023 Toyota Venza
Starting Price: $34,120
Fuel Economy: 39 mpg combined (40 city/37 hwy)
The 2023 Toyota Venza is a hybrid by default. All Venzas also come with AWD, and rate 39 mpg combined. That’s a pretty excellent figure considering the Venza is a midsize SUV, going up against the likes of the Hyundai Santa Fe Hybrid. Also standard on every Venza is the Toyota Safety Sense 2.5 driver assist package, with enhanced automatic emergency braking, emergency steering assist, and more. See Toyota Venza models for sale near you
6. 2023 Kia Sorento Hybrid
Starting Price: $36,690
Fuel Economy: 37 mpg combined (39 city/35 hwy)
Closely related to the Santa Fe, the 2023 Kia Sorento Hybrid scores 37 mpg combined in FWD form, or up 34 mpg combined with AWD. It’s also chock full of standard equipment, offers second-row captain’s chairs, and is even fairly peppy to drive. Our budget doesn’t quite stretch to the top-tier SX Prestige trim, but the Sorento Hybrid EX is well within reach, and comes with 3-row seating, heated front seats, LED headlights, eight USB ports, and much more. See Kia Sorento Hybrid models for sale near you
7. 2023 Hyundai Santa Fe Hybrid
Starting Price: $35,910
Fuel Economy: 34 mpg combined (36 city/31 hwy)
A close second to the CR-V Hybrid in Kelley Blue Book’s Best Hybrid SUVs rankings, the 2023 Hyundai Santa Fe Hybrid comes standard with AWD, is a size class larger than the CR-V or RAV4, and still gets 32 mpg combined — or 34 mpg in Santa Fe Hybrid Blue guise. The Santa Fe Hybrid Blue also gains more standard equipment for 2023, including Highway Driving Assist and an upgraded 10.25-inch center display. See Hyundai Santa Fe Hybrid models for sale near you
8. 2023 Hyundai Tucson Hybrid
Starting Price: $31,150
Fuel Economy: 38 mpg combined (38 city/38 hwy)
Doing battle with brand behemoths like the CR-V and RAV4, the 2023 Hyundai Tucson Hybrid is a high-value take on the hybrid compact SUV. Its spacious cabin, strong standard feature set, and up to 38 mpg combined (Tuscon Hybrid Blue trim) put it on nearly equal footing with the greats while starting from the lowest price on this list. See Hyundai Tucson Hybrid models for sale near you
9. 2023 Toyota Crown
Starting Price: $39,950
Fuel Economy: 41 mpg combined (42 city/41 hwy)
Just barely scraping under the $40,000 mark, the 2023 Toyota Crown doesn’t have the word “hybrid” in the name, but it’s a hybrid by default, earning either 41 mpg combined in the efficiency-focused XLE and Limited models or 30 mpg combined in the 340-horsepower Platinum. Either way, the Crown comes with AWD, heated front seats with power adjust, and dual 12.3-inch displays. See Toyota Crown models for sale near you
10. 2023 Ford Escape Hybrid
Starting Price: $33,340
Fuel Economy: 39 mpg combined (42 city/36 hwy)
Sleek and stylish, the 2023 Ford Escape Hybrid leverages the modern tech features and spacious interior of the base Escape compact SUV while adding the benefits of a hybrid drivetrain — benefits like 39 mpg combined no matter whether you choose FWD or AWD. For our money, the Escape ST-Line Hybrid is both the most affordable and the best value. See Ford Escape Hybrid models for sale near you
11. 2023 Lexus UX 250h
Starting Price: $35,925
Fuel Economy: 42 mpg combined (43 city/41 hwy)
The 2023 Lexus UX is capable of up to 42 mpg combined, making it the most efficient Lexus, as well as one of the most efficient luxury hybrids around. It’s also the most affordable Lexus, so if you’re looking for a taste of luxury that won’t break the bank or burn too much gas, the UX 250h might be your answer — it’s ranked second among Kelley Blue Book’s Best Luxury Hybrid SUVs, after all. See Lexus UX Hybrid models for sale near you
Best Hybrid Cars Under $40,000
- 2023 Toyota Sienna
- 2023 Honda CR-V Hybrid
- 2023 Toyota RAV4 Hybrid
- 2023 Honda Accord Hybrid
- 2023 Toyota Venza
- 2023 Hyundai Santa Fe Hybrid
- 2023 Hyundai Tucson Hybrid
- 2023 Kia Sorento Hybrid
- 2023 Toyota Crown
- 2023 Ford Escape Hybrid
- 2023 Lexus UX Hybrid
