Posted on 12/16/2022 7:45:34 AM PST by SaxxonWoods
Ford has once again increased the starting price of its electric F-150 Lightning, citing increased raw material costs for the pickup truck. The new $4,000 price increase means Ford has upped the entry-level pricing of the F-150 Lightning electric pickup by 40% since the vehicle’s launch.
The new price of the F-150 Lightning Pro, an entry-level model meant for commercial and business customers, will be $55,974 — up nearly 8%, or $4,000, from previous pricing and a 40% increase from the original pricing of $39,974 announced in May 2021.
(Excerpt) Read more at cnbc.com ...
” they are betting the farm and then some on EV,”
They have a gun on their heads, we all do. The rats are regulating ICE vehicles out of existence. The slated CAFE standards will be impossible to meet as it stands so the car makers must get EV percentages up into the 30-40% within a few years. They know people don’t want them but what we want is secondary to complying with Government mandates. This is what stolen elections bring you.
“What a deal! And when you have to replace the batteries in 5 years, you get to pay the price of an entire new vehicle.”
The warranty is for 10 years.
We got her an EV based on these parameters:
1. used ICE car cost $10K (I was really surprised at how much I was about to have to pay for a used car).
2. ICE car gets 15 mpg.
3. gas costs about $3/gallon.
4. oil changes cost $61 and is done every 5K miles. 5. drive it about 250 miles/week.
6. EV costs $48K, but not upfront as payments across 4 years making it total $51K after interest.
7. EV gets $7,500 tax break in April.
8. power costs 14 cents /kWh.
9. EV gets 3 miles / kWh (not a truck like the F150L which gets a lot lower mmiles, and this 3 miles assumes a 10% loss after converting AC to DC when charging, after that the mileage is 3.4 miles/kWh).
10. Replacing the battery today costs $10K (it's not an expensive Tesla).
11. The battery would have to replaced in 10 years.
12. If getting an ICE car instead it'll have to be replaced in 7 years (our average over the years each of our used cars lasted).
13. Getting the EV adds $70/month to car insurance (the difference for moving up from liability only with an ICE car to full coverage with the EV).
14. All costs above assume a 3% inflation rate.
With all of that, for me the payoff point is 13 years and I liked having 2 cars in our driveway of 2 different energy sources (one electric car and one gas car) to give us a hedge in case the Dims make one energy source hard to come by and/or too expensive to use a lot.
Actually my payoff point is sooner but that's because our EV is part of a larger energy project including making our house more energy efficient, converting our 2 natural gas appliances to electric, and adding a lot of solar. Most people aren't that obsessed with making your household and retirement planning as self-sufficient as possible so that the Dims' energy policies don't limit your freedom as much.
pghbaldy:So says the newbie
There are 284 million cars in the US. No one is taking away anyones car.
I suspect many of these are going into government fleets.
Same here. I have a 2010 Expedition. 295K miles.
Used trucks are out of my budget also.
I’m a homebody 😃
Interesting story from the town I live in. Bought a used car for my son at college from the local GM/Jeep/Cadillac dealer. and was talking to the service manager who I’ve known for some 20 years.
The dealership has been a Cadillac dealer for some 80 years. The SM who is btw is also a part owner along with his brother informed me that they had just recently dropped the the Cadillac line. Shocked, I inquired what could possibly have been the reason. He said Cadillac wanted 200K from dealerships of his size and volume to pay the company for the rights to continue to represent their new line which would consist of 100% ALL electric vehicles.
He said paying 200K for the right try and sell ridiculously overpriced electric vehicles for $100,000 in a rural farming community would be insane.
He’s right.
Ha ha ha ha ha .... I’m just a regular guy. Not a CEO or CFO, nor am I on some corporate board.
How corporate America functions is a mystery.
Before massive cuts to the workforce due to a hedge fund taking over, I worked for one of the big railroads. Fortune 250 company. I was in shock. It was a wonder the trains ran sometimes. And it was never because of the guys on the bottom rungs. They worked.
I think I saw that the first Cadillac EV is something like $200k?? Insane.
The warranty is for 10 years.
*********************************
Make that 8 years. Depending on the car, there are different limitations for miles driven as well as battery capacity retention minimums. Bsttery capacity seems to be standard at 70%.
https://www.tesla.com/support/vehicle-warranty
Hell, no! (I answered the question even though I know it was sarcasm.) I would never recommend to anyone to sell a gasoline or diesel truck for an electric one. Personally, I wouldn't touch a Chrysler with a ten-foot pole but this isn't a brand thing. Electric trucks (regardless of the brand) make no sense at all for anyone who is going to use it as a truck. True, there is tons of torque but only for a little while as the battery is quickly drawn down under load. If you think it draws down quickly under load, wait until it is under load and really cold out.
“Make that 8 years. Depending on the car, “
Many have 10 year warranties. California requires 10 year warranties.
Interesting that you nit me and not the guy I responded tomthat said when the battery goes in 5 years the owner Wii have to eat the cost.
2010? That thing is just a baby!
Proper maintenance and upkeep and you’ll have that thing for another 20 years.
People will drop the Lightning body parts onto standard gasoline F-150 chassis. Have to modify the "frunk" to allow air flow through an actual grille, but apart from that the sheet metal will fit. That front fender door over the charging port would make a perfect place to wire in an engine block heater and 12v battery tender up in the northern states.
I knew the 5 year claim you responded to was BS. The Tesla warranty link I posted didn’t mention any state add ons. You taught me something I didn’t know about California EV warranties. There is nothing in the Tesla link to suggest improved warranties were mandatory in California or any place else. The 70% battery capacity rules is still in effect, but pushed out to 10 years or $150K miles.
Any one that uses a pickup to haul livestock will not want an electric truck. Pulling a load of cattle to the stockyard or your horse to a roping or horse show will be a possible nightmare. When you are hauling animals, you can’t just pull over and plug in. If it is hot, you risk dead or sick animals. Even if the weather is good, the longer the animals stay loaded the more likely you are going to have problems.
Thanks for posting the chart. Do you have any dates when this chart was created?
It’s still an underperforming, overpriced POS. But the chumps and rubes will by them for sure.
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