#Arcimoto

Before we get to this list of “best cheap cars”, I feel like you might be wondering about that headline. Why $22,515? I chose that number because the average price of a new car in 2021 has crept past $45,000 for the first time — $45,301, to be exact — and half of that is … well, you get the idea.

As for the list, I’ll try to answer it the same way you’d probably answer your friends if they asked you for help picking a new car: With a question of my own.

“What do you plan on using it for?”

Arcimoto, makers of fun, utility vehicles for commuters and fleets, announced NASDAQ’s approval today. The company can now list its shares of common stock on The NASDAQ Global Market, a positive growth sign.

It looks like the makers of three-wheelers are trying hard to get the attention of car and light-truck consumers.

Last month, at the Chicago Auto Show, Polaris had a couple of trikes on display. Immediately adjacent to the Slingshot display, Campagna was showing its T-Rex and newly introduced Harley-Davidson-powered VR13R. The Polaris starts at just under $20,000 and the T-Rex is about three times that price.

Interestingly, the New York International Auto Show, often chosen by high-priced car manufacturers for reveals, also featured two reverse trikes, but at the lower end of the price spectrum: the electric Arcimoto SRK (target price of $11,000) and the gasoline powered Elio (targeted at $6,800).

I guess I cover the reverse trike beat here at TTAC.

It started with a post about a Chinese death trap three-wheeler I’d seen advertised. In the comments to that post, one of our readers suggested looking into the Elio project. We’ve done that a few times since then, including an exclusive review of one of their prototypes. Because of our coverage of Elio Motors, a group of Elio deposit holders who have become disenchanted by continued production delays asked us to consider their charges. While it’s true that I’m in what may be a minority of automotive writers that don’t think Elio is a scam, I’m not naive. There are ample reasons for skepticism and we take the word truth in our title seriously, so Mark Stevenson and I looked into the critics’ complaints and we both decided they were adding nothing new to issues raised by Elio’s critics before.

However, I do keep tabs on their Facebook group, which is how I found out about Arcimoto, a Eugene, Oregon company that hopes to put their highway capable electric reverse trike in production by the end of next year with a starting price of $11,900.