Charged EVs | Pickup truck lovers examine TCO of the Ford F-150 Lightning with the legacy fuel model


In relation to a comparability between Ford’s electrical F-150 Lightning with the legacy fuel model of the favored pickup, you’ll be able to most likely guess which mannequin we at Charged want. However the people at Pickup Truck + SUV Speak have a bit of totally different perspective. Writer Tim Esterdahl, a self-described “truck man,” has raised some cheap objections to electrical vans, having to do with freeway charging, towing and buy value.

Nonetheless, in a more moderen article in the identical publication, Jill Ciminillo took a deeper dive (a “rabbit gap exploration,” as she known as it) into the query of value, inspecting the full price of possession of the Lightning versus the fuel F-150. Mr. Esterdahl identified that the electrical Ford prices round 20 grand extra to purchase (with out subsidies), an quantity for which you could possibly purchase “plenty of fuel” (and in addition trigger much more air air pollution, however let’s keep away from that exact rabbit gap).

Will the financial savings on gas and upkeep cancel out the upper buy value? Ms. Ciminillo made an in depth evaluation. Based mostly on present fuel and electrical energy costs in Nebraska, the center of pickup nation, she calculates {that a} fuel F-150 that’s pushed 15,000 miles per yr will rack up an annual gas price between $2,621 and $2,752, relying on the variant, whereas an F-150 Lightning will price $820 to cost (15,000 miles works out to about 7,500 kWh, and the standard price of at-home charging in Nebraska is $0.11 per kWh).

In relation to upkeep prices, issues actually get fascinating. Ms. Ciminillo not solely appeared on the upkeep schedules within the house owners’ manuals of each the Lightning and the legacy F-150, she additionally went to a Nebraska Ford vendor and inquired about related prices. She delivers an in depth evaluation, however the backside line is that over 10 years, “you’re taking a look at $1,352 in scheduled upkeep for the Lightning versus $4,188 for the fuel F-150.”

What about time spent fueling? EV skeptics like to level out that charging on the freeway can take half an hour or extra, however pumping fuel takes time too—10 minutes every week, or 9 hours a yr, in keeping with Ciminillo’s estimate. Based mostly on the common wage of a employee in Nebraska ($66,401 per yr), that’s $287 per yr for the privilege of standing at a smelly fuel station listening to a robotic voice attempting to promote you soda and chips.

If you add the time spent getting scheduled upkeep and oil modifications, a Nebraskan’s alternative price involves a (conservatively estimated) $4,170 over 10 years of gas-pickup possession. For the EV, when you cost at dwelling 100% of the time, upkeep over 10 years goes to price a mere 21.5 hours, or $686.

For individuals who take frequent highway journeys, an EV appears a bit much less engaging. Some research have discovered that the price of DC quick charging on the freeway may be equal to or greater than that of fueling with fuel. Ciminillo estimates that, based mostly on Electrify America’s quoted fee of $0.43 per kWh, and factoring within the time spent fueling, the fuel mannequin will price $200 lower than the electrical on a 1,000-mile highway journey.

Ms. Ciminillo presents a number of totally different possession situations, together with comparative whole possession prices over 1, 2, 3, 5 and 10 years. When you’re out there for a pickup truck, her article is effectively price studying in its entirety. However right here’s the underside line: For a mean Nebraskan driver (assuming no highway journeys), the Lightning will save about $1,862 on gas and upkeep prices per yr in comparison with essentially the most fuel-efficient gas-powered F-150. Over a 10-year interval, the distinction is $19,434.

As Ciminillo concludes, there are various components to think about—time, highway journeys, federal and state subsidies—and each particular person driver wants to take a look at their specific scenario (or “use case” as we are saying within the biz). However “when you take a look at the general lifetime of the car, the precise price of possession is much more for the fuel mannequin.”

Supply: Pickup Truck + SUV Speak


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