Video Summary
- The average reported miles per kilowatt-hour for the F-150 Lightning is 2.1.- Monthly average miles driven is 1400, and the average price per kilowatt-hour is 22 cents.
- The monthly cost for 1400 miles is approximately $147, totaling around $8,800 over five years.
- A comparable gas version F-150 gets 20 miles per gallon, resulting in about $342 per month for gas, totaling over $20,500 over five years.
- Savings with the F-150 Lightning are approximately $12,000 in fuel over five years.
- The F-150 Lariat gas version has an MSRP of $78,379, while the average paid price for the F-150 Lightning is just over $79,000.
- Within the first year, fuel savings alone could make the Lightning $10,000 cheaper.
- Despite potential factors like insurance, depreciation, maintenance and repairs, owning an F-150 Lightning is likely more cost-effective than the gas version, especially since many truck owners do not use their trucks for heavy duty tasks.
- If you drive long periods in a day, the gas version of the F-150 certainly has its advantages.
- Overall, the F-150 lightning may be a better vehicle for light duty tasks, though it is not suitable for everyone.
