You forgot about the $7500 rebate in your breakdown but pretty spot on! I just picked up my F-150 Lightning Pro this past month, which was similar in cost after add-ons. My payments are a little less than $1k for 48 months with a 6k down payment. I also was able to get at 2.9% financing.
It’s not a rebate. They won’t send you that in a check. It’s a tax credit. Meaning if you owe the IRS $500 after your taxes are filed, you get $500. Mine qualified for $4500 but I will only owe around $700-ish so that’s all I’m going to get.
I think the bigger question is, "How much money is Ford loosing on the sale of each vehicle"? According to their 2nd quarter 2023 numbers it was estimated they lost around $60k per vehicle. Current numbers are a bit more conservative at $40k per vehicle. This explains why Ford sells so few....Because they can only afford to loose so much each year. It also gives you an idea of what it will be like as a Ford EV owner in the future. Getting parts or service for vehicles that no longer exist can be tough. I simply dont see any future support for Ford or GM electric vehicles because they STILL can't build them profitably.
Their lost my gain. I used to work on Diesel Heavy Equipment/ Trucks. I don’t think I’ll ever purchase internal combustion engine cars again or equipment.
Nice video. But I would never pay 7% for a truck or car. I purchased a new 3.5 Ecoboost Larit for $67K(80k MSRP) - 30K trade in. Still 600 a month car payment.
The maintenance costs for that EV are not even close to accurate. In the first year you will buy washer fluid and get 3 tire rotations. Many dealers will include these in the deal so it could actually be free. Everything else is covered under warranty. Hope this helps. Good video overall.
That’s still what one should probably still be saving for maintenance. Especially if you’re keeping the vehicle past warranty period. Batteries can usually be repaired or replaced with refurbished units out of warranty, so they’re not as shocking high to replace as many people say, but these repairs can still be an unexpected issue. My EV has has suspension issues which can be an easy grand here and there. Still much lower maintenance costs, but I didn’t change my maintenance budget from my ICE car, and it’s actually been really nice. I’ve been able to ceramic coat it, buy higher quality tires that are dead silent and just generally keep it in better shape than my previous cars.
@@LibertyOrD___h Totally, I’ve been keeping an eye on repairs. Rich Rebuilds showed the cost of a battery repair. Tesla would only replace it, the electrified garage replaced the bad cells for $3k. Still a lot of money, but much better than what we’ve seen Tesla quote! Unfortunately ICE cars are getting stupid expensive to repair too. Major components are sometimes over $10k at a dealer. Luckily there’s a lot more local mechanics trained to handle them that are so much better in pricing. Because of that they are so much cheaper to repair still. Hopefully we’ll see the same for EV’s. Tesla and other dealers need competition when it comes to pricing.
Someone that's own a lighting foralmost two years now, her maintenance cost are not in the realm of reality. My first year was... $189 And this year it's looking like it's gonna be since it's a little over half over 219
Dear god, do you not understand singular and plural? 59 of something is more than 1, so CENTS. I have one cent, I have two cents, I have three cents, etc..etc…
You forgot about the $7500 rebate in your breakdown but pretty spot on! I just picked up my F-150 Lightning Pro this past month, which was similar in cost after add-ons. My payments are a little less than $1k for 48 months with a 6k down payment. I also was able to get at 2.9% financing.
It’s not a rebate. They won’t send you that in a check. It’s a tax credit. Meaning if you owe the IRS $500 after your taxes are filed, you get $500. Mine qualified for $4500 but I will only owe around $700-ish so that’s all I’m going to get.
@@thagoose480 correct and im pretty sure that if you make the money to comfortably afford one of these you no longer qualify for the tax credit
I think the bigger question is, "How much money is Ford loosing on the sale of each vehicle"? According to their 2nd quarter 2023 numbers it was estimated they lost around $60k per vehicle. Current numbers are a bit more conservative at $40k per vehicle. This explains why Ford sells so few....Because they can only afford to loose so much each year. It also gives you an idea of what it will be like as a Ford EV owner in the future. Getting parts or service for vehicles that no longer exist can be tough. I simply dont see any future support for Ford or GM electric vehicles because they STILL can't build them profitably.
Their lost my gain.
I used to work on Diesel Heavy Equipment/ Trucks. I don’t think I’ll ever purchase internal combustion engine cars again or equipment.
What was the maintenance cost? I think I missed it. For my 2021 Tesla I haven’t done any maintenance.
Exactly. Washer fluid and tire rotations.
She talks about the maintenance at the 3:35 marks. She estimated about $1,370 a year.
You are doing gods work
Good stuff..
Nice video. But I would never pay 7% for a truck or car. I purchased a new 3.5 Ecoboost Larit for $67K(80k MSRP) - 30K trade in. Still 600 a month car payment.
If that's the cost, I'll have to settle for a F-150 Spark
you have to say i can't afford it no more
One last thing. this is .1Cent. .This is .87 CENTS. Plural :)
The maintenance costs for that EV are not even close to accurate. In the first year you will buy washer fluid and get 3 tire rotations. Many dealers will include these in the deal so it could actually be free. Everything else is covered under warranty. Hope this helps. Good video overall.
Rotation that often isn't necessary and isn't expensive even if you chose to
That’s still what one should probably still be saving for maintenance. Especially if you’re keeping the vehicle past warranty period. Batteries can usually be repaired or replaced with refurbished units out of warranty, so they’re not as shocking high to replace as many people say, but these repairs can still be an unexpected issue. My EV has has suspension issues which can be an easy grand here and there. Still much lower maintenance costs, but I didn’t change my maintenance budget from my ICE car, and it’s actually been really nice. I’ve been able to ceramic coat it, buy higher quality tires that are dead silent and just generally keep it in better shape than my previous cars.
@@thagoose480 I sure hope you’re right about replacement battery costs…. Tesla hasn’t been very affordable and time will tell with Ford, GM and others
@@LibertyOrD___h Totally, I’ve been keeping an eye on repairs. Rich Rebuilds showed the cost of a battery repair. Tesla would only replace it, the electrified garage replaced the bad cells for $3k. Still a lot of money, but much better than what we’ve seen Tesla quote!
Unfortunately ICE cars are getting stupid expensive to repair too. Major components are sometimes over $10k at a dealer. Luckily there’s a lot more local mechanics trained to handle them that are so much better in pricing. Because of that they are so much cheaper to repair still. Hopefully we’ll see the same for EV’s. Tesla and other dealers need competition when it comes to pricing.
im surprised about the maintenance cost. anyway i can't afford one yet..
There really isn't much of a cost the first few years. Washer fluid and tire rotations.
If you save that much a year for your maintenance costs, you could get a new set of tires every year!
Someone that's own a lighting foralmost two years now, her maintenance cost are not in the realm of reality.
My first year was...
$189
And this year it's looking like it's gonna be since it's a little over half over 219
Forget the money ... don't buy anything from builders who never wanted to build in the first place ...
Dodge challenger please 🙏🏾
thats a lot of money for a vehicle to pick up groceries
U need a professional UA-cam thumbnail designer and video Seo s..., p?
You glasses are reflective...
Dear god, do you not understand singular and plural? 59 of something is more than 1, so CENTS. I have one cent, I have two cents, I have three cents, etc..etc…