April 29, 2022 – If you’re thinking about swapping your internal combustion-powered car or truck for a new EV just to save money at the pump, make sure to do the math first – especially if your current ride is paid for.
If you tow earth-moving equipment or haul gravel for a living, you’re probably going to want a heavy-duty diesel-powered pickup, because today’s EVs aren’t going to cut it. Likewise, if you reside in an apartment and don’t have a parking space, much less a garage with a Level 2 charger, an electric vehicle may be a hard sell.
The Ford F-150 XLT-trim Lighting starts at $74,269 with a 320 mile range and estimated annual fuel cost of $1011. The conventionally powered Ford F-150 Lariat costs $56,020 with a 546 mile range and estimated annual fuel cost of $3028.