Monthly Cost of Ford Lightning Charging

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[peters]

Not sure where you got your MSRP’s from but I see the Lariat Lightning at $88k and the comparable Lariat Gas at $67k.

[thomasconstructiontexas]

The main cost that you left out is replacement. My F350 has 193, 000 miles on it it gets 2 miles more per tank than it did when it was new. The lightning has a battery life of 150 thousand miles. The problem with EV is the battery at that point will cost more than the truck is worth.
The EV battery is the same technology that's in your cell phone. When you first get your cell phone, it works great you don't have to charge it but every other day. But the more you use it the more you have to charge it, it gets to the point that you got to have a charger in your bedroom, office, car. So the EV cars will drop off in range the longer they are on the road.
The Ford lightning has a range of 253 miles. But when towing a boat that drops down below 80 miles per charge.

[MichaelFeravolo]

F-150 Lightning in New Jersey is going for $95K. Much more the combustion Lariat at $65K. $30K more for a truck that is starting to have many problems.

[TCcustoms_]

Great comparison of the cost of fuel! However, the price of the initial purchase is comparing two very different trim levels. A base Lightning Lariat is $78, 369. A base ICE F-150 Lariat with 4x4 starts at $63, 810.

I’m an F-150 Lightning owner myself, so I’m not an EV hater. The Lightning is amazing. But we need to compare apples to apples on the prices of the trucks.

Great video!

[donm]

In GA I charge at night during "super off-peak" hours and pay about $0.05 a kwh.

[travisharmor]

Starting in September of last year (2022) I was driving on average about 100 miles per day to work and with kid pickup etc. My Hyundai was averaging about 22mpg and I was spending over $4/gallon on gas here in Utah. This meant that our monthly expense on gas alone for me was about $650/month. This got us looking at an EV. We ended up with one in November (2022) and have put about 15, 000 miles on it since. I agree with everything you’ve discussed in your video with one big caveat - this always assumes that the EV owner is charging at home during the night. This is obviously ideal, but this isn’t our situation and I always wonder if I’m not the only one. As someone, therefore, who solely relies on the charging network - most of the data you presented gets squeed a bit. My experience with the charging network has been rather horrible. Clearly there aren’t enough of them and the spots that do exist almost always have issues with about half the charges that make them unusable. If you are lucky enough to find a working charger, someone inevitably is already charging on it leaving you high and dry. I’m not ready to completely give up on my EV but no one ever looks at EV ownership from a similar perspective to me and I thought I might add these thoughts to the dialogue. Cheers!

[drblitz]

What’s cheaper? … running my Honda into the ground for another 10 years

[damham]

If you want to be realistic about electric charges you cant just use the per kw charge. You should use the total of taxes, fees, delivery charge, and other charges of your electric bill, then divide by kw used. That is what electricity really cost.
After all, when you use gas prices you don't deduct the tax and delivery cost. You use the actual cost.

[abcfhdi]

The battery will lose range over time and has less range to begin with and charging infrastructure is still an issue. Also, the battery will need to be replaced if you keep the truck longer than 10 years or so which will be a major expense.

[robp]

What about battery degradation and the mega cost involved with replacing it down the road ? And, real cost once you start towing, which trucks are meant to do.

[ipower]

Seasonal difference is big and depends how much heat you want to use during winter driving. If you are high heat user in a very cold weather, big heavy EV truck can use as much energy as gas vehicles in slow traffic

[Cornelius]

I mean if you're planning on dropping $80k on a truck then it makes sense but then again if you have that type of money are you really worried or hurting for those extra $150 a month you would spend on fuel? People who are actually trying to save money would just buy a way cheaper gas truck. EVs are cool but people aren't buying them to save money, that won't happen until there are good reliable and affordable used EVs if that ever happens.

[BryceMatheson]

I've found my numbers to be wildly different that mentioned here. I had a gas F-150 (2021) and would get 16.8MPG average. With the Lightning (2023), I'm average 2.4-2.7kw. Also, my rate is $0.09/kHr in AZ. I'm easily saving $300/mo compared to what I was paying in gas. On top of all that, my insurance cut in half when buying the new truck. Win-win in my book.

[JFlywheel]

SDGE just raised peak power rates for ev charging plans to $.82 per kWh this summer. So even though I can technically charge at night for cheap it raises my power costs for everything else dramatically. Basically power, is going to be nearly 3 times as expensive as when I bought my EV car. Combine that with NEM3 laws and the peak rates being the end production hours, I feel like we are being scammed. Currently thinking my next truck will probably be another Diesel.😮

[hondapotamus]

One extremely important cost factor missing in this cost comparison is the road use taxes that are included in the prices of gasoline. So far the electric users are getting a free ride at the expense of the gasoline gang, however, you can be assured this will soon change as more of these vehicles come aboard. Depreciation is also another major omission. A 10 year old gasoline F150 retains a lot of its resell value. A 10 year old electric becomes hazardous waste.

[georgeballow]

Hey Ben. Like your video and analysis. Couple of commenters mentioned taxes, etc on your e bill, but haven’t seen anybody pull the taxes off the price of gas. Gonna have to deal with that issue soon. Couple plans bring bantered around but as more electric vehicles hit the road paying no taxes this party may be over soon.

[gettothepointarchery]

MSRP and what the dealerships are charging are definitely not the same. Lighting is definitely higher, the dealerships are typically caging 10 to 15 over MSRP still. Great video. Thanks for making it.

[GautamAtri]

You compared the fully loaded Lariat gas to the Avg. Price of the Lightning. Lariat Lightning is $90k+ on a Good Day. The ownership difference in terms of value is negligible. If I take time into consideration, Lightning is a lot more expensive to own.

[jasonfasick]

Might I ask charge time. And might I ask distance per charge. I think my 400 miles my hybrid f150 gets on the tank and the refill being instant the utility to me swings gas still. Time is money and a sitting duck is not a good ride.

[YOUneedJESUS]

By me in WI lightning is $98, 000 and 3.5l gas is $71, 000. Gas is $3.59 per gal. And $.49315 kwh. The closest charge station is 41mi from my house. So at that buying price you get 135, 376mi of free gas.