F-150 Lightning Wins KBB’s “5-Year Cost to Own” Award for Pickup Trucks

[columbiaskier]

The MSRP on that Pro is 62k, the MSRP on that reg cab is 36k. 26 k difference. You drive the pro for 5 years, I drive the reg cab for 5 years. Even with their graph in that five years you still spent 26 k more than I did.

Yes but you need to consider what you would sell both vehicles for at the end of five years and account for the difference. MSRP is not part of the cost to own the vehicle because as stated previously that is accounted for in the depreciation and financing costs. Depreciation = MSRP - value at end of the term. Financing = interest. That’s the cost over the 5 years.

Now of course the estimates for depreciation are speculative as that is a forward looking number.

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[Revenge]

The fuel costs alone will vary drastically in each persons situation. This is my analysis for my personal situation. If I made any mistakes feel free to correct me. Also I have had solar for about 5 years and am locked into a TOU rate plan with my super off peak of $.06593 10PM-8AM.

	Lightning	F150 ICE
Price per kW/gallon	$.066	$5
Miles per kW/gallon	2	22
Price per mile	$.033	$.227
Miles driven in 5 years	75000	75000
Fuel costs	$2475	$17025

 

[sotek2345]

Tires...so many tires...

Different car but my experience owning EVs...(~400,000+ miles cumulative across multiple vehicles, only 2 of which went over 125,000mi)

Major savings (time & money) on routine maintenance. That's brakes, oil changes, trans fluid, diff fluid, etc etc. but I went through a new set of tires every 1-1.5 years.

Then on the back end...it hurts just as much. I just replaced a charge controller and that cost me $2,500.

I have to do the math but I might have saved $700 (DIY) -$2000 (Shop) in rotors + pads so maybe I'm still ahead. But I'm pretty sure my cost of ownership isn't that far off from gas..

Yeah, but tires are something I am willing to splurge on. Best performance and safety upgrade you can make.

I also got use to tires on my Shelby's and EV tires are far less expensive. GT350 (stock) tires run almost $500 a piece and are only good for ~5k miles (if you take it easy).

 

[sotek2345]

The fuel costs alone will vary drastically in each persons situation. This is my analysis for my personal situation. If I made any mistakes feel free to correct me. Also I have had solar for about 5 years and am locked into a TOU rate plan with my super off peak of $.06593 10PM-8AM.

Very much agree on the variability. here is what my comparison looks like (coming from my Raptor)

	Lightning	F150 ICE
Price per kW/gallon	$.175	$4.5
Miles per kW/gallon	1.8	14.5
Price per mile	$.097	$.31
Miles driven in 5 years	75000	75000
Fuel costs	$7,275	$23,250

 

[Roy2001]

Why maintenance is so high?

 

[Artificial Intelligence]

They have insurance all wrong... we're paying more for my wife's less expensive Jeep than my lightning. We both have clean records.

 

[TaxmanHog]

Cost of juice (electrons or fluids) is highly variable, disregarding solar energy credits, here is a comparison for my situation and lifetime MPK in Southern New England

	Lightning	F150 ICE
Price per kW/gallon	$.26	$4.17
Miles per kW/gallon	1.8	22
Price per mile	$.1444	$.1895
Miles driven in 5 years	75000	75000
Fuel costs	$10,833	$14,213

	Lightning	F250 PSD
Price per kW/gallon	$.26	$4.17
Miles per kW/gallon	1.8	15
Price per mile	$.1444	$.278
Miles driven in 5 years	75000	75000
Fuel costs	$10,833	$20,850

 

[Roy2001]

If it costs 13k in maintenance and “fuel” over 5 years I’m giving it back lol.

Yeah, why maintenance is almost as high as ICE trucks?

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