Question, if people worry about the resale value of a vehicle, why not just lease a vehicle if your gonna switch cars every few years? For me, I'm buying a car to try to keep forever.
Ev cars are improving rapidly. Ice cars are not or arguably getting worse. For example the newest ice car models are more aerodynamic, but at the expense of interior space so you sacrificed comfort to save a few dollars at the gas pump every month. Or the engine is more efficient, but far more complicated so the repairs to fix them outweigh any savings you got from the gas pump. Ev cars are getting better in every metric. Quality control, charging times, battery storage, Interior space, storage space, comfort, repairability, etc is all going up rapidly with no drawbacks. This is a major reason why the resale value of electric cars is going down. People want the latest and greatest of electric cars because there is a noticeable increase in quality and functionality between versions. The next Ford f150ev for example is going to cut charging times by more then half, have faster acceleration, significantly more range, more interior space and storage space, etc which would render the 2024 version completely obsolete.
Electric vehicle isn't one you can buy and use forever. The market doesn't support that. Many parts will never be available outside of the dealership. As a general rule of the dealership won't support a vehicle in past 10 years.
Unfortunately the battery module replacements are taking an average of 30 days to repair. Some have had two modules replaced. Ford SK battery manufacturing quality control is poor. If modules (6 or 9 in a Lightning) were in stock within 1 day, Ford would look a lot better, although dealers are struggling to find qualified technicians that can handle the repairs. Too many trucks being turned in on Lemon Laws or by having Ford Buy-Back to try to keep a customer. Ford is also trying to hire new software director, as they are struggling to keep up with the poor software decisions bricking vehicles.
I have a F150 lightning lariat since October. No problems or complaints. Awesome truck. Pulls a 22ft Airstream on about 150 mi range. I love it! Charges for free at RV parks
I have been using a Maverick hybrid for about 6 months, 3500 miles average about 42 mpg. City mpg is over 50 miles. But the lighting that I want is now $50 -$7500 instant tax credit, 3.9 apr for 60 months. To me that is a good deal, I will be driving mostly 10-30 miles per day. You just have to be patient and purchase at the right time. MSRP was over $62k
Need to make these hybrids plug-ins with 30+ miles of EV only city range. But if they can double battery pack density and get 800V fast charging everywhere, EVs would be low maintenance, long life wonders (assuming also high quality batteries).
Lightning sales for the first quarter 2024 are up 80.4%. They cut back the production line to one shift on the first of April 2024, but they are still making more than they did in 2023. If you want to road trip, get the large battery (300+ miles).
This is no longer an EV channel, you are going backwards to ICE hybrid. Just got my new 2023 Lightning as dealer leftover $9K discount and absolutely love it!
I got my lightning used for half the price cause your all idiots for paying new prices for these things and freeking out over nothing and selling them a year later. I love the truck. Just not as good tech wise compared to the tesla car we have had for 3 years. Please buy a cyber truck and sell for half price ill take it. Then you can make a bad review on it all these issues people have with them are all fake af.
I had an order in for the lightning and my truck was actually ready and I canceled it, the dealer happily put it on his lot and sold me a 2022 F150 power boost Limited, I love it. I was going to pay almost $20,000 more for the lightning that I had orderedand have no heated steering wheel no massage seats, lesser stereo system, and the list goes on power boost has been no problem for me now at 39,000 miles
People don’t buy cars as an investment. The $2k markup from dealer doesn’t indicate if car is in demand or not. I traded my Lexus few months ago and dealer only marked up by $1,200 and it was sold in less than a wk.
I have a 22 lightning but I live in NY where there are chargers everywhere. I have not had to pay for any charging yet because we have free charging stations at every town park. I tow my 3600lb trailer onto the beach or campsite and use the truck like a generator. In the winter I average 2 miles/kWh. Little less then 3miles in warm weather. The blue cruise is always on during my commute. I park my car at the free charger next to my job. Not being dependent on gas is liberating. I do still have a fusion hybrid with 250k miles on it as a back up. The fusion has the same lithium batteries as my lightning. So I am expecting at least 250k miles out of it. The new battery tech that u are referring to is not going to effect value. Read about it. Don’t listen to what other people hear. Read it for yourself and u will understand better than I can explain on a post.
Hello. Ive been debating about getting a lightning. I live in Hawaii, so the weather is always 70-85F year round. Range is not a problem here because the island is small. However, I plan to tow a 4,000 lb boat about 30-40 miles (one way) every once in while. Do you think the standard range with max trailer package will work for me?
@@madhatter9001I put in an off grid solar system that can charge about 40 miles a day average for $7k. 10 year warranty. Free gas for 10 years for $7k ain’t bad and solar is only getting cheaper
man up here in canada you cant get your hands on a lightning if your life depended on it. Theyre super popular, tons of chargers, huge tax incentives to own one.
I'm not going to bash EV's in my comment but at this current time they simply are not for me, my driving habits and my home location. When technology with these vehicles improve, I'll consider one. Until that time, I'm perfectly content with my current vehicle, the gas mileage it gets me and the cost of ownership it currently has......and it's paid for! I simply do not want another big car payment. I thought you did a good review. It wasn't negative and you made some great points. Enjoy your new truck!
Well said... and that's it... Ev's are starting to become the new "veganism"... ; like I'm happy you own one and enjoy it but why are your trying to convince me??? makes no sense.
I own a 2023 Toyota Tundra PowerMax. 10000 miles and no issues. Just drove to Vegas from Olympia, WA and back with no problems. Goes like a bat out of hell. Had to drive through mud in Nevada and did well. I had already put on better tires. EVs are a problem.
I presently own a Nissan Leaf (2015, 24 KWH battery, 50 mile range usable) and a Diesel flat bed truck (20 MPG, but diesel fuel is running about .90 more per gallon than gas). I'm thinking of selling both of them and buying a used Lightning. My state charges $150 BMV surcharge for EVs. I would love to keep the Leaf, but only driving 3-4K miles per year, the surcharge tanks most of the savings. Owning 2 EVs would all but cancel the savings. I'm hoping to wait until the new T3 Lightning comes out (2025? 2026?) and the first generation models depreciate. My Nissan Leaf has a battery health indicator (12 bars when new). It now indicates 11 bars (9% degradation) after about 38K miles (that is typical and was expected when I bought it 3 yrs ago). I've yet to see if the Lightning has similar indicator and/or similar experience with other owners over 20-30-40K miles.
I'm in the same boat, but my Leaf as 6 capacity bars.😮 I drive it around town as a beater. I agree with you on EV tax. My state is $200. But, I still bought a Lightning and love it. In a few weeks, it will be a year old. I also own a Super Duty diesel, but rarely drive it. The Lightning is amazing. Best of luck to you.
Update: I sold the 2015 Leaf and purchased a used 2019 Leaf with 15,000 miles on it and larger battery (150 Mile range). Yes, I lost money on selling the 2015 (EVs are uncommon here in Southern Indiana and I'm not much of a used car salesman -- it basically became a college student's "first car" for getting back and forth to class and part time job.) We love the improvements in the 2019 model: adaptive cruise control, lane guidance, e-pedal etc...). We're putting a lot of miles on this car and cutting way down on our ICE vehicles.
Light oils and fuel economy regulations are ruining ICE engines too. Happy with the reliability of my Lightning so far in the winter. And I don't have to listen to lifters and oil as thin as water anymore. Good luck with the powerboost long term.
Plus you don't have to maintain an engine or transmission. No exhaust or catalytic converter. Someone stole my daughter's exhaust on her car to get the catalytic converter. Luckily, comprehensive insurance paid the $3500 bill.
Good honest reasons for why you sold. One thing I've noticed is how often people say depreciation (you stated a $10k haircut) is high. I think that is misleading primarily because over the last few years, the market was not-normal due to covid initiated manufacturing restrictions cutting new vehicle supply. So used vehicles retained high values because new ones were less available. Historically (going back decades, yes I'm older) ALL vehicles took a 25% to 35% or more depreciation in the first year. One should never buy a new car/truck thinking you can sell it soon and get back all or most of your money. I just bought a new Lightning (Pro but with extended range battery) at $5k off MSRP plus received the $7.5k IRS credit at point of sale (total $12.5k off MSRP). I'm in California where charging infrastructure is more common (though not as good as Tesla's Network), and I charge at home or work to cover the majority of my charging. I plan to keep it at least 5 years, and anticipate it will have lost half the purchase price. That's life. Anyway, great video.
Thanks for the comment. In CA you don’t have to deal with the 40% range loss in cold weather. Just watch the battery, if you have any glitches bring it in right away. Mine went bad after 10 months
8 year warranty on battery, but traded it in after 1 year because you planned on trading it in after 3 year warranty and was worried about battery? I dont buy the warranty reasoning. Doing some math: 8 years at 12k miles/yr= 96k miles. At 16mpg (real fuelly numbers for 2.7L), the gas cost would be ($3.9/gal in my state avg now) $23,400. Assuming you get electricity for 10 cents/kwh, and the truck avg is 2mi/kwh, the electricity cost would be $4.800. A savings of $18,600, or about $200 a month in perpetuity... Well worth the cost of a battery replacement, or loss on trade in for a newer model with newer warranty. Chances are you wont actually need a new battery after 8 years so I dont know. Plus you get the federal ev credit on this one and the replacement in 8 years. This ignores the lack of need for oil changes/transmission/ect. Extra tire costs for EV/insurance, whatever. Pure gas vs electricity cost. Best of luck whatever anyones decisions are though.
@@MikeR-gc6irYou say $0.10 Kw/h but in California where I live the off-peak pricing is around $0.40 kw/h. Sure we have good weather for EVs but at current gas prices, and don’t forget the outrageous insurance costs for EVs, it’s cheaper to run a gas vehicle (if you’re getting 30+mpg). Many states also add an additional tax to EV vehicle registrations.
Thats insane. May want to move to another state where an EV makes sense then. Course, gas price avg there is also about 60 cents higher than my numbers... Also, we (the video, and my math) are comparing an electric truck to a gas truck, not a honda civic. I would argue a prius plug in would save more money than the 30+mpg car in that scenario too. Heres some math on 30mpg compared to a model 3 (easy mi/kwh numbers) at CA avg $4.6/gal. 12k miles/yr. Avg electricity rate for CA is 32cents/kwh. Gas 30mpg= $1,840, or $153/month Electric= $960, or $80/mo Electricity still wins at $73/mo. I also checked my insurance for gas vs electric truck. Cost is about $30-50 a month difference, well worth the $250 I'd save just in gas. In CA, the $127.50 a month savings for an electric truck vs gas truck may or may not be worth it. @@Reginald_Harrison
@@MikeR-gc6ir Yeah, I never realized how much I was getting fleeced by the electric company until I started looking into getting an EV and hearing about other people’s electricity costs. I would like to move sometime in the near future. I would love to own either a Tesla or a Rivian.
The only problem is you.will be paying equivalent to gas prices when you travel. I will stay away from Tesla charging stations. They are so expensive. Another example of corporate greed stifling progress.
@@alraguc actually the Tesla charger was cheaper than an electrify America station when I took a trip recently. So it really can depend on the location. But yes super charging is not a common occurrence, only when absolutely needed. I primarily charge at home.
I own a Lightning, and it is sad to see you go. I have basically the same spec you had and it is working great. You should have given more thought to your needs and how the Lightning would work for you. It is not an "Everything" truck, but it is a great truck and covers everything well. Sad to see you degrade the quality of an American Icon. You should have been wiser in your purchase.
The dealerships in my area were saying that Jeep Dealers still have new 2022 Jeep Grand Cherokee 4xe models significantly reduced because no one wants to buy them. Toyota seems to be the only dealer that can't keep their hybrids in stock.
I placed my order for the SR Lariat in Jan. I knew the market was going down hill and the price wasn't going to last. I stepped back and told them I didn't want it. They called me back a month later to say I could get it cheaper. I told them only if it was sold for $60k they laughed at me. And said when they call back I would wqnt even better deal. They didn't call back now they are going for that price. Early owners should know they are getting first in techn so problem will happen. Had my 2023 XLT for 5 months now and love it. Had a 2005 4.6L this Truck is much better than 2005. Game changer and next year everyone will wish they could get 1. Mic drop!
@@JohnDoe95876 i didnt buy a truck to save money bubba. I did it to do truck things. Something youll only know a “FRACTION” of. Have fun spending hours charging your truck lol
@@andyvaldez212 that's funny, 'cause i'm using mine for truck things to. And I don't spend hours, charging my truck. Again, good luck with that $5+ a gallon gas next year....
Me too. Installed a free home charger we got with my wife's 2023 Mitsubishi Outlander PHEV that we didn't need until now, with the Lightning. Based on our cheap electric utility rates, it will cost 60 cents to drive the distance that my old truck would drive with a gallon of gas. Went from paying $3.50 a gallon to 60 cents. That's 1979 prices. Wow.
Yep! still having fun paying for gas? I used to own a Silverado. I used to spend around 400 a month in gas. Doing the math, and putting it into terms you can easily understand, (what with you being a fool and all), I now spend about 40 dollars in "gas", filling up my F150 Lightning.
@@JohnDoe95876 And you had to buy a 120K vehicle instead of a 5000,-- Silverado from 1994 which surely lasts without maintenance and repairs for the next 400 years. At least!
I've been commuting with Nissan Leafs for over a decade. For all their limitations, I have never had a repair bill. They have saved me a small fortune over that time. That is the promise of EV's--the much greater simplicity as well as lower costs that are possible with electric traction drive. If any vehicle isn't going to meet that objective, especially if it isn't even designed to, that is not a good direction for the industry.
Ev's are great for around town scooters and 0-60 time RUclips videos but as real world vehicle's they are a huge inconvenience. Not to mention that everyone who currently owns one has lost tens of thousands of dollars in depreciation.
Disagree, at least regarding cars, but I have first hand experience... Never stopping at a gas station when you drive less than 360 miles a day, having little to no regular maintenance, and being able to drive 4-6 hours between 20-30 minute breaks when travelling is not something that I would describe the way you did
You do realize that you can charge on trips for the same or less cost than gas, and depreciation on EVs is less than on gas cars? Please tell me you knew that before you posted this comment… and then explain your comment.
I’ve owned an EV for 4 years and have never been to the dealership. Other than a set of tires no additional expense. We own a ice vehicle for long trips but given we rarely need that range, I’m considering selling it for a lightening since the price is coming down. We have a level 2 charger and my utility company provides a discounted rate overnight. Win, win. Technology will improve and this truck isn’t for everyone, but it is a great vehicle.
They are ungodly expensive and the hoax of these things being ready for prime time is out in the open now. EV's are awesome for very niche use cases. The battery improvements you keep hearing about are a decade or more out, it's all BS.
Lol, another commenter who probably doesn't even drive making false claims about ev's. They aren't for everyone but they aren't niche anymore and they work really well for most tasks. They are more expensive right now but the prices will level out as Ice vehicles are just getting more expensive too.
So...this guys entire problem is that he was worried about losing money? And that he lives where there aren't enough chargers... I'm still waiting to hear the negatives.
He bought a standard range EV, then he complains about the EV in cold weather. If you buy an EV, always buy the long range and have a garage. That way you'll be able to charge overnight with a shelter and it won't get as cold. The 24 models include the Vapor Injection Heat Pump and its standard throughout the lineup. Have fun with your hybrid which gets around 16 MPG and with every gl you'll spend around 3.5 dollars and on a 36 gallon tank, your going to spend 126 dollars while I spend 2 cents per KW for a 134 KW F-150 lightning truck giving me 2.65 per fill up. W/ 16 Mpg*36gal = 576 miles. My extended range EV gets 310 miles. To me, that's your only advantage and I don't go on trips every week anyways.
Why would anyone care about what you buy, trade or invest in ? Move on, waste your money on something that won't depreciate faster than your last haircut. Don't like the price ? Don't buy it. I gave up buying Ford's back in the 70's but then some people never learn.
- std range isnt great, but with ford on the tesla network now you would be hard pressed to not find a charger. I've road tripped across the country several times with no issues in my EV. - NCM batteries will be supported for a long time. LFP is only replacing the standard range. The article you referenced explained that. - NCM batteries last 75% of range out to 200k miles. You had a valid reason to be suspicious, but battery swaps are really uncommon statistically. - highway range and towing isn't great. Definitely the really only negative to me of an EV.
Agree that the Tesla chargers do help. However in my Midwest area, we still have very few Tesla chargers and the ones we do have seems to be always taken. Recently traveled to Scottsdale, with Tesla chargers all over and never saw a open one, all were packed. I think people tend to park at them all day. Last thing I have time for is waiting to get onto a charger, let alone the charge time.
@@EV_Insider Traded it for a new 22 F250 6.7 Powerstroke diesel. They gave me the 72k I paid for it. This was back in 22 when Lightnings weren't that easy to find in central Florida.
Why did you purchase the first-generation Lightning in the first place? It is common knowledge that it's never a good idea to buy anything that is considered a new concept. A first-generation anything is usually riddled with all kinds of 'bugs; it's rare to not have these problems. Give it two years, at the minimum, to allow these issues to be resolved. Ford Motor Company has been around for many years. They've been around that long because they sell vehicles that have survived the test of time. I encourage you to revisit the purchase of a Lightning when a few years have passed.
I own a Lariat Extended Range Lightning. I can relate to a lot of your issues. Range wise, I think getting access to the Tesla Supercharger has made things much better. However, your points are still valid, and weather under 68 degrees still impacts range. I'm getting the option from Ford to replace my LER due to a buyback approval. The LER has been such a cool vehicle that I'm actually still struggling with the decision. Having said that, I'll say that the primary reason I'd go with the Hybrid is that I spend a lot of time on the highway, and in different states. Range and time are important to me, and they may win out over everything else I love about my LER. I will say that bar none, it is the best riding, funnest truck I've ever driven; and I've got a long track record of trucks including the supercharged TRX. If I walk away from the LER, ironically the frunk will be one of the things I miss the most.
I’m looking in to buy a ford lightning. But we have three other cars to drive am aware that over the road isn’t ideal. I don’t have to worry about paying to charge it at fast charging stations when I can charge it at home. The amount of money I’d be saving in fuel would cover the car payment.
loved the thing for local and we drove it 300 miles and stopped twice to charge it. Do not own one if you cannot charge it at home. He will make up the difference with gas mileage from hybrid.
I am not a fan of hybrids. On paper it sounds great, but the practical part of me realizes that having two different powertrains under the hood is just an ultra complex situation that is easy to make design flaws in, even easier if you are an incompetent bean counter company like Ford, GM, etc.
Bummed to see it didn't work out for you. It drives so much better than an ICE F150 for me. I have a 22 Lighting SR as well, but being in the Bay Area of California I get anywhere from 220 - 270 miles depending on how I am driving. I can get from the Bay to Sacramento or Monterey and back on a single charge and make it to LA in 2 stops. (Harris Ranch and Bakersfield) It's been great for how I use it. I also had a battery module replaced, but I am not concerned since it has an 8-year 100k warranty. Also, with Tesla network opening up in the next couple months, no worries on charging but again I am in CA so its a different environment for EV infrastructure out here. I think having the XLT you held a lot more of your value. The bigger hits are from the Lariat and Platinums. I think $10k is not uncommon with any 1 year old vehicle. Also I would note they didn't cut back production they cut back their plans. They will grow production this year for the 3rd year in a row. It will just be half of what they had hoped by year 3 but not a cut in half. Thats an important distinction.
Same I have a ford fusion hybrid with 250k miles on it. Batteries are still at 85%. It is the same lithium battery on the lightning. Ford does have a problem with the power module which is what the dude in the video is talking about. But its under warranty. U want a treat? Take you truck camping with you. Btw. NY our 6kwh chargers are free. When I am at the park or work I plug in and charge for free. California is not the same?
Around town with ICE v8 I'm getting close to 600 miles for a full tank, purely highway miles is close to 700 miles. And the range doesn't care if its hot or cold. Also, only about 5 and 10 minutes to fill the gas tank. It's going to be hilarious once California starts shutting down the power grid or making it illegal to recharge your EV when your overlords say you can't.
How much does that cost per mile? I charge for free at home with solar so they can't stop me, I can operate off grid if needed. In fact in the 70s it was the gas overlords who rationed gas. Something that's never happened with an EV. I don't need 700 miles of range. That would be like me getting a 30 foot ladder when all I need is a step stool. You have to use the right tool for the job and for the majority of truck owners, the Lightning is the right tool at the right price. For others its absolutely not. Your bias makes you difficult to take seriously which is unfortunate but underneath the tin foil hat there is a valid point, you're just not very good at making it lol 😆
Your lack of facts and knowledge of statistics is adorable. 😂 Let me know when you have something of value to add outside of reflexive ignorance about something you know little to nothing about but has you paranoid and jittery. It's not a good look my guy.
Thank you! I think I purchased your vehicle had a great discount too by the way. I'm sorry you had trouble with it, but I'm having a great time just me the kids are camping gear towing my teardrop camper with the kayaks and the canoes. But the best part is I'm no longer spending $80 a week on gas.
$10k haircut after 1 year is about standard for new cars in that price range so that doesn't concern me. The battery failure certainly is the scariest part of your report. The rest is good info that buyers should consider; is the range enough for my needs, is the network of chargers near me sufficient for my needs? The towing and cold weather range decreases as well as Ford (and GM) not really making the lower priced trims available with enough range are the main factors keeping me from buying a lighting. We have an Ioniq5 and have enjoyed 2 free years of Electrify America charging, lower energy costs whether using EA but especially if charging at home and really especially because we have solar panels, essentially no service expenses, no oil changes and compared to a hybrid won't need the gas engine service that occurs in the 2-10 years of ownership phase. Overall love our EV but they aren't for people that have long road trips or have to charge routinely on public stations in regions without good networks. The freezing Chicago experience last winter was horrible for anybody with andEV who wasn't charging at home in their warm garage. Took an hour on the fast charger sometimes just to warm up the battery so it could start charging.
Okay, so what you're saying is that you did a dumb thing and got into something in the first version at maximum demand, and now that the demand has dropped and you're losing, you're blaming your mistakes on EV trucks.
Most EVs are getting hit with depreciation, including Tesla. Initially they had little depreciation, but that has changed in 2023 very quickly. Used car prices in general are dropping. You timed your sale poorly. Hope your not looking for a house right now. Poor time for that too.
@@Defender_TomI predictrd this would happen to Tesla. Predicted the established automakers enter the market, Tesla.sales would drop because there are more options for buyers. Tesla is a tech company making cars. Car companies have better build quality..They juat needed to catch up to the technology. Unless they improve their overall quality Tesla will go the way of the Packard in. the 1950s.
I'm in Omaha too, actually your last tornado video get me to the EV posts. I had a Prius Prime PHEV for 4+ years and traded it for a BMW I4 EV... it has been a year and a half now. And I'm happy with it. Having had the Prius, I knew what I'm getting myself into. All the thing you describe are so. However, my EV is strictly in town car. For road trips I have my old Ranger, it also helps with hauling things when needed. BMW is rather weird with their range calculations... it recalculates constantly and states lower range than it actually has. Consumption is averaging at 3.2-3.4 kW per mile. Warranty is 4 years, battery is 8. I'm not worried about the battery pack. With development of battery tech... hopefully one would be able to update the pack alone... the rest is pure pleasure, for now. I never thought I would buy a BMW, but when a Toyota RAV4 Prime PHEV cost 50K+ and all 3 dealers in Omaha and one in Lincoln have the same pricing... and BMW I4 e40 is 50K+... I would get the BMW. One thing I have noticed over the years... Omaha is a crappy car marketplace. The only PHEV or EVs you can buy, are top trim with dealer imposed surcharge...!!! Or you have to order... that comes with wait time and a surcharge, IF they are willing to do it. My friend is a Lexus guy, and he buys his vehicles in Kansas. When I approached Lexus for the NX450h plus PHEV... it is RAV4 Prime base, they bluntly said, I can't have it... Get what is in the parking lot, or beat it.
This video should be shown in high school about financial decisions. Buy a 3-4 year old vehicle with an extended warranty. Calculate what you would be paying for a new one, dollar cost average the difference. You'll be rich by the time you're 40
I have a 21 F150 Powerboost, I love the truck, but I have a Solor system so in Sunny weather would be able to charge for free and have looked into a Lightning. To avoid the first year hit on the price I was looking at used, low mileage vehicles. In my area of Florida, I found way too many vehicles that had been on the dealer's lot for 9 months to a year and they couldn't sell them. The demand is just not there, I wish it was, but it just isn't. I also looked at Tesla's and they are just as bad if not worse because there are more of them out there.
Also, your statement about new battery technology making your truck's value go down to nothing seems like massive hyperbole. Do you know how hard it is for new battery chemistries to substantially outperform current ones? Your lightning ain't going to 0 overnight, dude. In fact, if you bought a pro right now and got the tax credit, you could probably sell it to carmax 5 years from now for 5k less than you paid.
Ford also halted construction on their new battery plant. The Lighting is now only on one shift and may even shorten the number of days they are built.
Same thing happens to me & ford lighting- I bought one20 23 manufacturers drop prices by10k in few days , that’s after I spend another 10 grand to make it look better Suppose to drive 330 miles in full charge but offers 200 if I turn off lights and No heat or air conditioning , I spend another 10 K to upgrade my electric panel and run electricity to other side of home for plugging few days ago. I sold it for $43,000 I lost over 50,000 in one year.
Seems like an honest review and you were very smart to get rid of the Ford EV. My question is.....Why would you turn around and buy another Ford after the F150 EV was such a disappointment and you were basically bamboozled and lost money? The current Ford F150 you bought has a lot of problems and you probably will have major issues with that as well. Will you never learn?
Guy still needs a truck. The truck is fine, it was range that he didn't like. Do you realize that buying a vehicle is not an investment, you purchase it and the money is gone, doesn't matter whoales it or what type it is.
Have you ever heard of 'Cost of Ownership'? So it does matter what truck you buy. I owned my last Tundra for over ten years and only had to do general maintenance with no repairs. Then sold it for over $20K with a 130K miles on it. Can't do that with a Ford, Dodge, Chevy.@@ianrobertson3419
You did a mistake (mu personal opinion)! the first year you lost 10k but then the depreciation slows down. Lightening price will go up and manufacturing numbers will go down. I bet you noticed how sluggish is the new truck compared to the electric. Ford is the first OEM that will provide adapters for Tesla network and bet you you have a second vehicle in the family that you can use till then. I just got mine for huge discount and it's better than raptor. Any Ford guy that drove my truck was impressed and considering one. New LFP battery will limit performance, if you set your charging to 60-70% you'll get the same milage from current battery(battery life). My daily routine is 70% overnight charging and plugging back at night with north of 40%. No cold starts and worm cabin right away. Performance ...... no thanks to the 3,5 eco-boost(and I was impressed with it before). 100 gallons per month fuel ... no thanks ~ 2000 miles per month. If i was paying for electricity it would be 100-150$ vs double. Let's not forget oil changes, I bet you missing the so called "frunck". I live in the area with frequent power interruptions, the lightening is the perfect backup EV (the hybrid has the power too, but goes trough a lot of gas).
I own a 22 and more time and miles added at Ford then with me. Major problem with battery-high voltage coolant fluid vanishing. I hate this truck and wish I never got it but my dealer that I have purchased from 1975 would of been upset because many people canceled and I also had a gt-500 on order. These truck designs could be much more simplified now and the longevity of these are not to long. I realise its like a I phone that has a cycle life and is worthless when new phone comes out. Have seen early lightnings selling for 20s with under 10k miles. Ford refuses to buy back so lawsuite is coming and would not be surprised to see a class action suite soon.
A great truck for another owner. These reasons are so bad to "give up" the truck. You bought the wrong version if you want the ER battery, buy the ER battery! Ive only had 1 problem on a road trip where i was panicking trying to find a charger on the way home due to much worse kw/h on the way back than on the way there. No problem, found a charger, charged up, and was on the way. Did we have to stop for awhile? Sure. Was it a pleasant experience? No. But that was the only road trip we did in it. We usually take a different one for the road. If you bought a SR, it was likely around 55k and with the tax rebate something like 47500. You didnt lose your shirt over it.
Why would you be concerned with ford slowing the production of lightnings just because you own a lightning? Did you buy the truck just to sell it to me that would make sense for me I own a 2023 Ford lightning and I love it so much I don’t ever think about selling it.
I love my Pro. Faster than a raptor at half the price. A quiet and comfortable road tripper. Standard pack was no issue at all on 1200 mile road trip I just did in east coast. With superchargers onboard, charging network is no longer a concern. I needed a stop when the truck did and I never felt like I wasted any time. In a year and a half mine has been rock solid with reliability. Their software team is a joke but they have not had an impact on how it drives yet. I have been lucky with the HVB modules so far. I would worry after 8 year warranty is over but I plan to enjoy it before then. Even if this starts to break down a lot, I am sold on EVs and will not go back.
I leased a F150 Lightning. It fits my needs perfectly. The Lightning will save me well over $2000 in fuel per year over the ICE F150. I'll take my chances on the battery. It's covered for 8 years, that's 5 years after my lease runs out. Maybe I'll turn it in and lease the next generation Lightning. I'm staying away from the Ram Ramcharger. I had nothing but problems with the electronics in my a Ram. I see nothing but problems with the Ramcharger on the horizon.
How many times you go out of town that you are worried about range unless you are a salesman. What is your maintenance? Oil change, spark plugs, transmission oil, differential, air filter, brake pads, - these are only maintenance- what if starts giving issues- check engine light, starter, oil leak, exhaust leak- How do I know? Guess. Youi either are invested in oil companies or garages
I think EVs will massively improve but it will take some time. The government pushed hard for EVs and many people bought it, but the auto industry isn't ready yet.
The extended range will not get me through an eight hour day. The extended range comes in at about 332 miles without a load and / or towing. I haul farm equipment with a 7500 lb trailer or a 10k unit. An extended range would not work period for an eight hour day. It is nearly impossible to even charge pulling a tractor on a trailer loaded to the back of an EV. If you are the type of person who drives a truck and uses it only as a car go ahead, then it is for show. A contractor with a fully loaded bed of tools would have the same issue of much shorter range. Top it off I live in Pennsylvania it gets cold here. The closest public charger to me is Shippensburg at 31 miles, second is McConnellsburg at 32 miles and the Huntingdon at 35 miles. I live in the fifth most populated state in the US a contractor may drive 50 miles from one job to the next and the roads are rolling in the Cumberland Valley. West of here is worse with mountains and rural areas with few chargers. @@ianrobertson3419
I’ve had my power boost for a year, it’s junk. Worst powertrain in a pick up truck. Rough shift points, massive turbo lag. Clunky hybrid system. This is my 5th F-series so I’m not a Ford hater. Also the powerboost will lose at least 10k in the first year, I got mine for 12k off sticker and still think it’s worth 10k less than I paid
All these companies jumped the gun...What a shame...They listened to the Government mandate instead of people. They should concentrate on Hybrids and small commuter cars that get outstanding mileage. Infrastructure /battery not ready yet.. Although off-roading is damn fun, I guess 4X4s will be around for a while. Just repair what you have forever..
Good video. Why would you purchase a vehicle if you didn't plan to keep it ten years? That's just bad financial advice. The battery is covered over seven years. You don't buy a vehicle to sell it. Sad.
You went into the whole thing terrified of the thing. 2. You lived where there are no chargers. 3. You bought a 1st generation FORD that was poorly designed. 4. The range is horrible. NOT Ford best product to say the least. The Silverado EV has range of 430. It doesn't do 430. It does almost 500. GM WAS very conservative with it. Ford just brought a poor offering to market like the Hummer EV. It is way too heavy, has poor range, stupid expensive. Most all manufacturers have a goose egg. Ford Lightning just is poor offering in its current form.
I just bought a 2023 Lightning (in late January of 2024). After owning the truck for 2 months, I had the exact same battery problem. I took it to the dealer. Although the service center has been courteous, the vehicle has been at the dealer for a month. I was skeptical about Ford's entry into the EV market. I regret my purchase.
Blame the current government for the push for EV vehicles.. Infrastructure is not widespread..moreover more power is and resources are needed to charge electric ⚡️ I understand the smog pollution with gasoline vehicles but we need more hybrid vehicles or more efficient solutions
I think EV track are future good idea since ICE track consume way too much fuel. I wanna buy one but only in the future. It’s an early tech with Range doubt, public charger unreliable, software are questionable and battery tech still constantly innovating, charger network are being promised… So I wanna hold up to 6 years from now.
The question comes down to - does the truck work for you? The fact that Ford has had to reevaluate the number of Lightnings they produce does not impact if the truck works for me. There is definitely a drag on used EV prices. It is real, meaning there will be a lower price at trade-in. But if someone wants to trade every 2 years, leasing might be a better route. I read about the correction the market is making with EVs and while I wish more people adopted them, it does not bother me because the Lightning works for me. On the bright side, perhaps that will mean less congestion as public charging stations!
I will probably revisit a EV truck in 2-3 years when they have a chance to work out some of the issues. Having the battery in my Lightning go bad after 10 months was a major red flag!
@EV_Insider I understand waiting. I've always been an early adopter. From what I understand this is one of the reasons EV sales have slowed --the early adopters have been tapped out.
no offense, but you are being naive if you think only ev's have issues inside a year. I ask you to look up the cost of an engine replacement in a modern ev vehicle. @@EV_Insider
Question, if people worry about the resale value of a vehicle, why not just lease a vehicle if your gonna switch cars every few years? For me, I'm buying a car to try to keep forever.
Exactly, people are treating it like an investment for their money. Just drive it, keep it until you can't, and get a new one.
100% agree with you
I do not have the time nor patience handling old used products that break all the time. Not Computers, not smartphones, not cars.
Ev cars are improving rapidly. Ice cars are not or arguably getting worse. For example the newest ice car models are more aerodynamic, but at the expense of interior space so you sacrificed comfort to save a few dollars at the gas pump every month. Or the engine is more efficient, but far more complicated so the repairs to fix them outweigh any savings you got from the gas pump. Ev cars are getting better in every metric. Quality control, charging times, battery storage, Interior space, storage space, comfort, repairability, etc is all going up rapidly with no drawbacks. This is a major reason why the resale value of electric cars is going down. People want the latest and greatest of electric cars because there is a noticeable increase in quality and functionality between versions. The next Ford f150ev for example is going to cut charging times by more then half, have faster acceleration, significantly more range, more interior space and storage space, etc which would render the 2024 version completely obsolete.
Electric vehicle isn't one you can buy and use forever. The market doesn't support that. Many parts will never be available outside of the dealership. As a general rule of the dealership won't support a vehicle in past 10 years.
The battery module would be covered by the 8yr 100k mile warranty.
Exactly
The whole powertrain is covered by the 8yr / 100k miles warranty!
Unfortunately the battery module replacements are taking an average of 30 days to repair. Some have had two modules replaced. Ford SK battery manufacturing quality control is poor. If modules (6 or 9 in a Lightning) were in stock within 1 day, Ford would look a lot better, although dealers are struggling to find qualified technicians that can handle the repairs. Too many trucks being turned in on Lemon Laws or by having Ford Buy-Back to try to keep a customer. Ford is also trying to hire new software director, as they are struggling to keep up with the poor software decisions bricking vehicles.
Car and trucks are not an investment. If you turned round and traded the power boost in on an f250 you would take another 10 k "haircut".
I have a F150 lightning lariat since October. No problems or complaints. Awesome truck. Pulls a 22ft Airstream on about 150 mi range. I love it! Charges for free at RV parks
I have been using a Maverick hybrid for about 6 months, 3500 miles average about 42 mpg. City mpg is over 50 miles. But the lighting that I want is now $50 -$7500 instant tax credit, 3.9 apr for 60 months. To me that is a good deal, I will be driving mostly 10-30 miles per day. You just have to be patient and purchase at the right time. MSRP was over $62k
Need to make these hybrids plug-ins with 30+ miles of EV only city range. But if they can double battery pack density and get 800V fast charging everywhere, EVs would be low maintenance, long life wonders (assuming also high quality batteries).
Used they’re down to 40k…wait 6 more months lol
Never buy a vehicle as an investment.. buy it to enjoy it.
Lightning sales for the first quarter 2024 are up 80.4%. They cut back the production line to one shift on the first of April 2024, but they are still making more than they did in 2023. If you want to road trip, get the large battery (300+ miles).
This is no longer an EV channel, you are going backwards to ICE hybrid. Just got my new 2023 Lightning as dealer leftover $9K discount and absolutely love it!
Got mine recently. I love it as well, and Ive never been much of a Ford fan.
I got my lightning used for half the price cause your all idiots for paying new prices for these things and freeking out over nothing and selling them a year later. I love the truck. Just not as good tech wise compared to the tesla car we have had for 3 years. Please buy a cyber truck and sell for half price ill take it. Then you can make a bad review on it all these issues people have with them are all fake af.
U went from bad to worse the power boost has major issues they are junk
lol id still take f-150 hybrid anyday.
And are WAY slower!!!
What you driving?
@@Judgedredd18 i drive a 2014 crv its on my channel dunno if u talking about me tho.
I had an order in for the lightning and my truck was actually ready and I canceled it, the dealer happily put it on his lot and sold me a 2022 F150 power boost Limited, I love it. I was going to pay almost $20,000 more for the lightning that I had orderedand have no heated steering wheel no massage seats, lesser stereo system, and the list goes on power boost has been no problem for me now at 39,000 miles
Love my lighting & and it's NOT
for everyone, but it's PERFECT for me. I hope never have to go back to a powered vehicle.
Fortunately you have an ICE backup though...
So you're the one.😅😅
People don’t buy cars as an investment. The $2k markup from dealer doesn’t indicate if car is in demand or not.
I traded my Lexus few months ago and dealer only marked up by $1,200 and it was sold in less than a wk.
I have a 22 lightning but I live in NY where there are chargers everywhere. I have not had to pay for any charging yet because we have free charging stations at every town park.
I tow my 3600lb trailer onto the beach or campsite and use the truck like a generator.
In the winter I average 2 miles/kWh. Little less then 3miles in warm weather.
The blue cruise is always on during my commute. I park my car at the free charger next to my job. Not being dependent on gas is liberating.
I do still have a fusion hybrid with 250k miles on it as a back up. The fusion has the same lithium batteries as my lightning. So I am expecting at least 250k miles out of it.
The new battery tech that u are referring to is not going to effect value. Read about it. Don’t listen to what other people hear. Read it for yourself and u will understand better than I can explain on a post.
Wait, sooner or later you will be paying for the juice and it won't be cheap.
Hello. Ive been debating about getting a lightning. I live in Hawaii, so the weather is always 70-85F year round. Range is not a problem here because the island is small. However, I plan to tow a 4,000 lb boat about 30-40 miles (one way) every once in while. Do you think the standard range with max trailer package will work for me?
@@jeffreyt76 hmmm? hopefully so, research it
@@madhatter9001I put in an off grid solar system that can charge about 40 miles a day average for $7k. 10 year warranty. Free gas for 10 years for $7k ain’t bad and solar is only getting cheaper
man up here in canada you cant get your hands on a lightning if your life depended on it. Theyre super popular, tons of chargers, huge tax incentives to own one.
and canadian winters to deal with
@@dennismoro-p2k ya depends where you live, southern vancouver island is the hawaii of canada and may be why EV are so popular here
How does it feel living in a real country?
I'm not going to bash EV's in my comment but at this current time they simply are not for me, my driving habits and my home location. When technology with these vehicles improve, I'll consider one. Until that time, I'm perfectly content with my current vehicle, the gas mileage it gets me and the cost of ownership it currently has......and it's paid for! I simply do not want another big car payment. I thought you did a good review. It wasn't negative and you made some great points. Enjoy your new truck!
Thanks for the comment!
Well said... and that's it... Ev's are starting to become the new "veganism"... ; like I'm happy you own one and enjoy it but why are your trying to convince me??? makes no sense.
I own a 2023 Toyota Tundra PowerMax. 10000 miles and no issues. Just drove to Vegas from Olympia, WA and back with no problems. Goes like a bat out of hell. Had to drive through mud in Nevada and did well. I had already put on better tires. EVs are a problem.
I presently own a Nissan Leaf (2015, 24 KWH battery, 50 mile range usable) and a Diesel flat bed truck (20 MPG, but diesel fuel is running about .90 more per gallon than gas). I'm thinking of selling both of them and buying a used Lightning. My state charges $150 BMV surcharge for EVs. I would love to keep the Leaf, but only driving 3-4K miles per year, the surcharge tanks most of the savings. Owning 2 EVs would all but cancel the savings. I'm hoping to wait until the new T3 Lightning comes out (2025? 2026?) and the first generation models depreciate. My Nissan Leaf has a battery health indicator (12 bars when new). It now indicates 11 bars (9% degradation) after about 38K miles (that is typical and was expected when I bought it 3 yrs ago). I've yet to see if the Lightning has similar indicator and/or similar experience with other owners over 20-30-40K miles.
I'm in the same boat, but my Leaf as 6 capacity bars.😮 I drive it around town as a beater. I agree with you on EV tax. My state is $200. But, I still bought a Lightning and love it. In a few weeks, it will be a year old. I also own a Super Duty diesel, but rarely drive it. The Lightning is amazing. Best of luck to you.
Update: I sold the 2015 Leaf and purchased a used 2019 Leaf with 15,000 miles on it and larger battery (150 Mile range). Yes, I lost money on selling the 2015 (EVs are uncommon here in Southern Indiana and I'm not much of a used car salesman -- it basically became a college student's "first car" for getting back and forth to class and part time job.) We love the improvements in the 2019 model: adaptive cruise control, lane guidance, e-pedal etc...). We're putting a lot of miles on this car and cutting way down on our ICE vehicles.
Light oils and fuel economy regulations are ruining ICE engines too. Happy with the reliability of my Lightning so far in the winter. And I don't have to listen to lifters and oil as thin as water anymore. Good luck with the powerboost long term.
Plus you don't have to maintain an engine or transmission. No exhaust or catalytic converter. Someone stole my daughter's exhaust on her car to get the catalytic converter. Luckily, comprehensive insurance paid the $3500 bill.
You're weird treating your vehicle as an investment. Unless you were a taxi company or something
Good honest reasons for why you sold. One thing I've noticed is how often people say depreciation (you stated a $10k haircut) is high. I think that is misleading primarily because over the last few years, the market was not-normal due to covid initiated manufacturing restrictions cutting new vehicle supply. So used vehicles retained high values because new ones were less available. Historically (going back decades, yes I'm older) ALL vehicles took a 25% to 35% or more depreciation in the first year. One should never buy a new car/truck thinking you can sell it soon and get back all or most of your money. I just bought a new Lightning (Pro but with extended range battery) at $5k off MSRP plus received the $7.5k IRS credit at point of sale (total $12.5k off MSRP). I'm in California where charging infrastructure is more common (though not as good as Tesla's Network), and I charge at home or work to cover the majority of my charging. I plan to keep it at least 5 years, and anticipate it will have lost half the purchase price. That's life. Anyway, great video.
Thanks for the comment. In CA you don’t have to deal with the 40% range loss in cold weather. Just watch the battery, if you have any glitches bring it in right away. Mine went bad after 10 months
8 year warranty on battery, but traded it in after 1 year because you planned on trading it in after 3 year warranty and was worried about battery?
I dont buy the warranty reasoning.
Doing some math: 8 years at 12k miles/yr= 96k miles. At 16mpg (real fuelly numbers for 2.7L), the gas cost would be ($3.9/gal in my state avg now) $23,400.
Assuming you get electricity for 10 cents/kwh, and the truck avg is 2mi/kwh, the electricity cost would be $4.800. A savings of $18,600, or about $200 a month in perpetuity... Well worth the cost of a battery replacement, or loss on trade in for a newer model with newer warranty. Chances are you wont actually need a new battery after 8 years so I dont know. Plus you get the federal ev credit on this one and the replacement in 8 years.
This ignores the lack of need for oil changes/transmission/ect. Extra tire costs for EV/insurance, whatever. Pure gas vs electricity cost.
Best of luck whatever anyones decisions are though.
@@MikeR-gc6irYou say $0.10 Kw/h but in California where I live the off-peak pricing is around $0.40 kw/h. Sure we have good weather for EVs but at current gas prices, and don’t forget the outrageous insurance costs for EVs, it’s cheaper to run a gas vehicle (if you’re getting 30+mpg). Many states also add an additional tax to EV vehicle registrations.
Thats insane. May want to move to another state where an EV makes sense then. Course, gas price avg there is also about 60 cents higher than my numbers...
Also, we (the video, and my math) are comparing an electric truck to a gas truck, not a honda civic. I would argue a prius plug in would save more money than the 30+mpg car in that scenario too.
Heres some math on 30mpg compared to a model 3 (easy mi/kwh numbers) at CA avg $4.6/gal. 12k miles/yr. Avg electricity rate for CA is 32cents/kwh.
Gas 30mpg= $1,840, or $153/month
Electric= $960, or $80/mo
Electricity still wins at $73/mo.
I also checked my insurance for gas vs electric truck. Cost is about $30-50 a month difference, well worth the $250 I'd save just in gas.
In CA, the $127.50 a month savings for an electric truck vs gas truck may or may not be worth it.
@@Reginald_Harrison
@@MikeR-gc6ir Yeah, I never realized how much I was getting fleeced by the electric company until I started looking into getting an EV and hearing about other people’s electricity costs. I would like to move sometime in the near future. I would love to own either a Tesla or a Rivian.
well i just got my tesla supercharger adapter so range anxiety is pretty much non existent now
Just wondering how long it took to get it from time you order adapter? ...Ford didnt tell my ETA
@@BWCyberMarketing I actually got the Lectron adapter for now. My ford adapter shows shipping eta as June
The only problem is you.will be paying equivalent to gas prices when you travel. I will stay away from Tesla charging stations. They are so expensive. Another example of corporate greed stifling progress.
@@alraguc actually the Tesla charger was cheaper than an electrify America station when I took a trip recently. So it really can depend on the location. But yes super charging is not a common occurrence, only when absolutely needed. I primarily charge at home.
I own a Lightning, and it is sad to see you go. I have basically the same spec you had and it is working great. You should have given more thought to your needs and how the Lightning would work for you. It is not an "Everything" truck, but it is a great truck and covers everything well. Sad to see you degrade the quality of an American Icon. You should have been wiser in your purchase.
The dealerships in my area were saying that Jeep Dealers still have new 2022 Jeep Grand Cherokee 4xe models significantly reduced because no one wants to buy them. Toyota seems to be the only dealer that can't keep their hybrids in stock.
I placed my order for the SR Lariat in Jan. I knew the market was going down hill and the price wasn't going to last. I stepped back and told them I didn't want it. They called me back a month later to say I could get it cheaper. I told them only if it was sold for $60k they laughed at me. And said when they call back I would wqnt even better deal. They didn't call back now they are going for that price. Early owners should know they are getting first in techn so problem will happen. Had my 2023 XLT for 5 months now and love it. Had a 2005 4.6L this Truck is much better than 2005. Game changer and next year everyone will wish they could get 1. Mic drop!
I just bought my lightning 4 weeks ago. Loving this truck!! absolutely loving it!
lol a month? wait a year... unless it was a lemon there'd be no reason to like it after a few weeks lol
@@andyvaldez212 going on 2 months now...still loving it! cost per mile, is a fraction of gas. A fraction! Have fun paying $5 a gallon next summer.....
@@JohnDoe95876 i didnt buy a truck to save money bubba. I did it to do truck things. Something youll only know a “FRACTION” of. Have fun spending hours charging your truck lol
@@andyvaldez212 that's funny, 'cause i'm using mine for truck things to.
And I don't spend hours, charging my truck. Again, good luck with that $5+ a gallon gas next year....
Me too. Installed a free home charger we got with my wife's 2023 Mitsubishi Outlander PHEV that we didn't need until now, with the Lightning. Based on our cheap electric utility rates, it will cost 60 cents to drive the distance that my old truck would drive with a gallon of gas. Went from paying $3.50 a gallon to 60 cents. That's 1979 prices. Wow.
A fool and his money are soon parted
Yes, never saved so much money before 2019 when i switched everything to non-fossil. And i mean everything.
@@wolfgangpreier9160 to each his own
I bought a MachE in 2022. I drive about 30K a year. I saved a ton being electric. Whatever extra there was, is already paid off.
Yep! still having fun paying for gas? I used to own a Silverado. I used to spend around 400 a month in gas. Doing the math, and putting it into terms you can easily understand, (what with you being a fool and all), I now spend about 40 dollars in "gas", filling up my F150 Lightning.
@@JohnDoe95876 And you had to buy a 120K vehicle instead of a 5000,-- Silverado from 1994 which surely lasts without maintenance and repairs for the next 400 years. At least!
I've been commuting with Nissan Leafs for over a decade. For all their limitations, I have never had a repair bill. They have saved me a small fortune over that time. That is the promise of EV's--the much greater simplicity as well as lower costs that are possible with electric traction drive. If any vehicle isn't going to meet that objective, especially if it isn't even designed to, that is not a good direction for the industry.
cool , love the leaf.
You're lucky they took it back.
Ev's are great for around town scooters and 0-60 time RUclips videos but as real world vehicle's they are a huge inconvenience. Not to mention that everyone who currently owns one has lost tens of thousands of dollars in depreciation.
What is depreciation? Is your vehicle an investment?
Disagree, at least regarding cars, but I have first hand experience... Never stopping at a gas station when you drive less than 360 miles a day, having little to no regular maintenance, and being able to drive 4-6 hours between 20-30 minute breaks when travelling is not something that I would describe the way you did
You do realize that you can charge on trips for the same or less cost than gas, and depreciation on EVs is less than on gas cars? Please tell me you knew that before you posted this comment… and then explain your comment.
@@ianrobertson3419All vehicles depreciate, yes, but some more than others. That’s what he means, silly.
@@KamalaTheClown a brand new product is worth more than a used one.
I’ve owned an EV for 4 years and have never been to the dealership. Other than a set of tires no additional expense. We own a ice vehicle for long trips but given we rarely need that range, I’m considering selling it for a lightening since the price is coming down. We have a level 2 charger and my utility company provides a discounted rate overnight. Win, win. Technology will improve and this truck isn’t for everyone, but it is a great vehicle.
Please give us some details on your XLT Powerboost! I see you have a moonroof as well. Which package and options did you go with? Thanks!
It’s a 2023 Powerboost XLT with the blackout package, moonroof, pro -power onboard, so far it’s been great. Averages about 20MPG, it’s rated at 24.
@@EV_Insider you made the right choice Ya id take a f-150 hybrid over a lightning anyday lol.
They are ungodly expensive and the hoax of these things being ready for prime time is out in the open now. EV's are awesome for very niche use cases. The battery improvements you keep hearing about are a decade or more out, it's all BS.
Lol, another commenter who probably doesn't even drive making false claims about ev's. They aren't for everyone but they aren't niche anymore and they work really well for most tasks. They are more expensive right now but the prices will level out as Ice vehicles are just getting more expensive too.
@@ianrobertson3419 LOL, OK tin foil hat man, it's all a conspiracy, right?
@@ianrobertson3419 Tighten your tin foil hat, it's all a conspiracy! LOL!!!
@@Avalanche2 what? You just called it a hoax lolz.
@@ianrobertson3419 Nope, as an EV owner, it's just the truth. EV's are not ready for prime time.
So...this guys entire problem is that he was worried about losing money? And that he lives where there aren't enough chargers... I'm still waiting to hear the negatives.
Sounds like he shouldn't have purchased a NEW vehicle, that's ELECTRIC...LOL
He bought a standard range EV, then he complains about the EV in cold weather. If you buy an EV, always buy the long range and have a garage. That way you'll be able to charge overnight with a shelter and it won't get as cold. The 24 models include the Vapor Injection Heat Pump and its standard throughout the lineup. Have fun with your hybrid which gets around 16 MPG and with every gl you'll spend around 3.5 dollars and on a 36 gallon tank, your going to spend 126 dollars while I spend 2 cents per KW for a 134 KW F-150 lightning truck giving me 2.65 per fill up. W/ 16 Mpg*36gal = 576 miles. My extended range EV gets 310 miles. To me, that's your only advantage and I don't go on trips every week anyways.
Why would anyone care about what you buy, trade or invest in ? Move on, waste your money on something that won't depreciate faster than your last haircut. Don't like the price ? Don't buy it. I gave up buying Ford's back in the 70's but then some people never learn.
I just wish the powerboost was a plug in hybrid with a 30 mile battery only range.
I agree. That would be nice
That is the wave of the future for most people.
- std range isnt great, but with ford on the tesla network now you would be hard pressed to not find a charger. I've road tripped across the country several times with no issues in my EV.
- NCM batteries will be supported for a long time. LFP is only replacing the standard range. The article you referenced explained that.
- NCM batteries last 75% of range out to 200k miles. You had a valid reason to be suspicious, but battery swaps are really uncommon statistically.
- highway range and towing isn't great. Definitely the really only negative to me of an EV.
Agree that the Tesla chargers do help. However in my Midwest area, we still have very few Tesla chargers and the ones we do have seems to be always taken. Recently traveled to Scottsdale, with Tesla chargers all over and never saw a open one, all were packed. I think people tend to park at them all day. Last thing I have time for is waiting to get onto a charger, let alone the charge time.
I traded my 22 STD battery Lariat Lightning after 6 weeks of ownership 2300 miles because of the range. 150 miles at interstate speeds in Florida.
What did you trade it in for?
@@EV_Insider Traded it for a new 22 F250 6.7 Powerstroke diesel. They gave me the 72k I paid for it. This was back in 22 when Lightnings weren't that easy to find in central Florida.
Why did you purchase the first-generation Lightning in the first place? It is common knowledge that it's never a good idea to buy anything that is considered a new concept. A first-generation anything is usually riddled with all kinds of 'bugs; it's rare to not have these problems. Give it two years, at the minimum, to allow these issues to be resolved. Ford Motor Company has been around for many years. They've been around that long because they sell vehicles that have survived the test of time. I encourage you to revisit the purchase of a Lightning when a few years have passed.
I own a Lariat Extended Range Lightning. I can relate to a lot of your issues. Range wise, I think getting access to the Tesla Supercharger has made things much better. However, your points are still valid, and weather under 68 degrees still impacts range. I'm getting the option from Ford to replace my LER due to a buyback approval. The LER has been such a cool vehicle that I'm actually still struggling with the decision.
Having said that, I'll say that the primary reason I'd go with the Hybrid is that I spend a lot of time on the highway, and in different states. Range and time are important to me, and they may win out over everything else I love about my LER. I will say that bar none, it is the best riding, funnest truck I've ever driven; and I've got a long track record of trucks including the supercharged TRX. If I walk away from the LER, ironically the frunk will be one of the things I miss the most.
Yea for new tech just lease - then give it back.
I’m looking in to buy a ford lightning. But we have three other cars to drive am aware that over the road isn’t ideal. I don’t have to worry about paying to charge it at fast charging stations when I can charge it at home. The amount of money I’d be saving in fuel would cover the car payment.
Honestly i say get something you like and trust and keep it till 2030. The next 5 years in the car market is going to be crazy. Lots of change
My local dealership has a leasing deal on the lightning for just under 500 a month, im definitely considering it
I took them up on it. It's a great deal. No money down, right now on 2023s.
I ended up buying a used 2017 for expedition with a PNC business loan, I couldn't make the towing restrictions work
I own the 3.5l Ecoboost and I get 700 miles ranges highway driving.
loved the thing for local and we drove it 300 miles and stopped twice to charge it. Do not own one if you cannot charge it at home. He will make up the difference with gas mileage from hybrid.
I am not a fan of hybrids. On paper it sounds great, but the practical part of me realizes that having two different powertrains under the hood is just an ultra complex situation that is easy to make design flaws in, even easier if you are an incompetent bean counter company like Ford, GM, etc.
It does add complexity, that's what the extended warranty is for. So far I'm averaging around 20 MPG with the Powerboost.
@@EV_InsiderI'm sorry, 20mpg sounds awful. And now you're going to absorb the depreciation again on this truck. I think it was a mistake. ☹️
Bummed to see it didn't work out for you. It drives so much better than an ICE F150 for me. I have a 22 Lighting SR as well, but being in the Bay Area of California I get anywhere from 220 - 270 miles depending on how I am driving. I can get from the Bay to Sacramento or Monterey and back on a single charge and make it to LA in 2 stops. (Harris Ranch and Bakersfield) It's been great for how I use it. I also had a battery module replaced, but I am not concerned since it has an 8-year 100k warranty. Also, with Tesla network opening up in the next couple months, no worries on charging but again I am in CA so its a different environment for EV infrastructure out here. I think having the XLT you held a lot more of your value. The bigger hits are from the Lariat and Platinums. I think $10k is not uncommon with any 1 year old vehicle. Also I would note they didn't cut back production they cut back their plans. They will grow production this year for the 3rd year in a row. It will just be half of what they had hoped by year 3 but not a cut in half. Thats an important distinction.
Same
I have a ford fusion hybrid with 250k miles on it. Batteries are still at 85%.
It is the same lithium battery on the lightning.
Ford does have a problem with the power module which is what the dude in the video is talking about. But its under warranty.
U want a treat? Take you truck camping with you.
Btw. NY our 6kwh chargers are free. When I am at the park or work I plug in and charge for free.
California is not the same?
Around town with ICE v8 I'm getting close to 600 miles for a full tank, purely highway miles is close to 700 miles.
And the range doesn't care if its hot or cold.
Also, only about 5 and 10 minutes to fill the gas tank.
It's going to be hilarious once California starts shutting down the power grid or making it illegal to recharge your EV when your overlords say you can't.
How much does that cost per mile? I charge for free at home with solar so they can't stop me, I can operate off grid if needed. In fact in the 70s it was the gas overlords who rationed gas. Something that's never happened with an EV. I don't need 700 miles of range. That would be like me getting a 30 foot ladder when all I need is a step stool. You have to use the right tool for the job and for the majority of truck owners, the Lightning is the right tool at the right price. For others its absolutely not. Your bias makes you difficult to take seriously which is unfortunate but underneath the tin foil hat there is a valid point, you're just not very good at making it lol 😆
@@bowefamilyEV The lightning is the right tool for the majority of truck owners. Lol, you are a joke.
Your lack of facts and knowledge of statistics is adorable. 😂 Let me know when you have something of value to add outside of reflexive ignorance about something you know little to nothing about but has you paranoid and jittery. It's not a good look my guy.
You replaced your new truck with a new truck that cost 3x more per mile. But, the 175 mile range could be problematic I guess.
The range is a major issue in the Midwest become we have a huge lack of charging infrastructure
What's the color code please.
Color is Avalanche. It’s my new favorite!
Thank you! I think I purchased your vehicle had a great discount too by the way. I'm sorry you had trouble with it, but I'm having a great time just me the kids are camping gear towing my teardrop camper with the kayaks and the canoes. But the best part is I'm no longer spending $80 a week on gas.
You should of got a frontier they still put an engine in they’re trucks
Nissan sucks. Their total sales are way down. Financially in trouble.
$10k haircut after 1 year is about standard for new cars in that price range so that doesn't concern me. The battery failure certainly is the scariest part of your report. The rest is good info that buyers should consider; is the range enough for my needs, is the network of chargers near me sufficient for my needs? The towing and cold weather range decreases as well as Ford (and GM) not really making the lower priced trims available with enough range are the main factors keeping me from buying a lighting. We have an Ioniq5 and have enjoyed 2 free years of Electrify America charging, lower energy costs whether using EA but especially if charging at home and really especially because we have solar panels, essentially no service expenses, no oil changes and compared to a hybrid won't need the gas engine service that occurs in the 2-10 years of ownership phase. Overall love our EV but they aren't for people that have long road trips or have to charge routinely on public stations in regions without good networks. The freezing Chicago experience last winter was horrible for anybody with andEV who wasn't charging at home in their warm garage. Took an hour on the fast charger sometimes just to warm up the battery so it could start charging.
Could you have picked a windier place to film this?
It seems like you should have known about the range and charging network infrastructure before you bought the truck.
Work for big oil do you?
Ummm not even close, just sharing my thoughts
Okay, so what you're saying is that you did a dumb thing and got into something in the first version at maximum demand, and now that the demand has dropped and you're losing, you're blaming your mistakes on EV trucks.
Most EVs are getting hit with depreciation, including Tesla. Initially they had little depreciation, but that has changed in 2023 very quickly. Used car prices in general are dropping. You timed your sale poorly. Hope your not looking for a house right now. Poor time for that too.
Owner timed his sale with good logic.
Tesla’s depreciation is self inflicted. Tends to happen when you cut the price of some of your vehicles by $30k.
@@Defender_TomI predictrd this would happen to Tesla. Predicted the established automakers enter the market, Tesla.sales would drop because there are more options for buyers. Tesla is a tech company making cars. Car companies have better build quality..They juat needed to catch up to the technology. Unless they improve their overall quality Tesla will go the way of the Packard in. the 1950s.
I'm in Omaha too, actually your last tornado video get me to the EV posts. I had a Prius Prime PHEV for 4+ years and traded it for a BMW I4 EV... it has been a year and a half now. And I'm happy with it. Having had the Prius, I knew what I'm getting myself into. All the thing you describe are so. However, my EV is strictly in town car. For road trips I have my old Ranger, it also helps with hauling things when needed.
BMW is rather weird with their range calculations... it recalculates constantly and states lower range than it actually has. Consumption is averaging at 3.2-3.4 kW per mile. Warranty is 4 years, battery is 8. I'm not worried about the battery pack. With development of battery tech... hopefully one would be able to update the pack alone... the rest is pure pleasure, for now.
I never thought I would buy a BMW, but when a Toyota RAV4 Prime PHEV cost 50K+ and all 3 dealers in Omaha and one in Lincoln have the same pricing... and BMW I4 e40 is 50K+... I would get the BMW.
One thing I have noticed over the years... Omaha is a crappy car marketplace. The only PHEV or EVs you can buy, are top trim with dealer imposed surcharge...!!! Or you have to order... that comes with wait time and a surcharge, IF they are willing to do it. My friend is a Lexus guy, and he buys his vehicles in Kansas. When I approached Lexus for the NX450h plus PHEV... it is RAV4 Prime base, they bluntly said, I can't have it... Get what is in the parking lot, or beat it.
This video should be shown in high school about financial decisions. Buy a 3-4 year old vehicle with an extended warranty. Calculate what you would be paying for a new one, dollar cost average the difference. You'll be rich by the time you're 40
Thank you! I've been waiting for RECENT reviews.
Your contribution was pertinent and extremely useful for me!
I have a 21 F150 Powerboost, I love the truck, but I have a Solor system so in Sunny weather would be able to charge for free and have looked into a Lightning. To avoid the first year hit on the price
I was looking at used, low mileage vehicles. In my area of Florida, I found way too many vehicles that had been on the dealer's lot for 9 months to a year and they couldn't sell them. The demand is just not there, I wish it was, but it just isn't. I also looked at Tesla's and they are just as bad if not worse because there are more of them out there.
Also, your statement about new battery technology making your truck's value go down to nothing seems like massive hyperbole. Do you know how hard it is for new battery chemistries to substantially outperform current ones? Your lightning ain't going to 0 overnight, dude. In fact, if you bought a pro right now and got the tax credit, you could probably sell it to carmax 5 years from now for 5k less than you paid.
1. Don’t buy new
2. Don’t look at your vehicle as an investment
Ford also halted construction on their new battery plant. The Lighting is now only on one shift and may even shorten the number of days they are built.
The lighting was a bragging right to be first EV truck in their market, not the target market for the traditional F150 market segment.
I would take it. In Germany the daily tours which people drive are about 25km.
Same thing happens to me & ford lighting- I bought one20 23 manufacturers drop prices by10k in few days , that’s after I spend another 10 grand to make it look better
Suppose to drive 330 miles in full charge but offers 200 if I turn off lights and No heat or air conditioning , I spend another 10 K to upgrade my electric panel and run electricity to other side of home for plugging few days ago. I sold it for $43,000 I lost over 50,000 in one year.
Seems like an honest review and you were very smart to get rid of the Ford EV. My question is.....Why would you turn around and buy another Ford after the F150 EV was such a disappointment and you were basically bamboozled and lost money? The current Ford F150 you bought has a lot of problems and you probably will have major issues with that as well. Will you never learn?
For full size trucks I prefer the F-150, all trucks seems to have issues and after driving most I like F-150 the best and it’s a hybrid
Guy still needs a truck. The truck is fine, it was range that he didn't like.
Do you realize that buying a vehicle is not an investment, you purchase it and the money is gone, doesn't matter whoales it or what type it is.
Have you ever heard of 'Cost of Ownership'? So it does matter what truck you buy. I owned my last Tundra for over ten years and only had to do general maintenance with no repairs. Then sold it for over $20K with a 130K miles on it. Can't do that with a Ford, Dodge, Chevy.@@ianrobertson3419
$10k haircut 🕵️
5.0L V8 is the only way to go with the F150.
The lightning is the best truck or car that i have ever owned. You are the only person that i have ever heard of not enjoying every second in it.
I'm picking up my Lightning Pro on Saturday, second one in the family.
Well.. I kinda wished I watch these videos of your since I just litterally traded my gas hog in for my 2023 Lighning just 2 days ago.
You’ll be fine.
You won’t regret it.
You'll be fine, you won't miss the gas stations.
You did a mistake (mu personal opinion)! the first year you lost 10k but then the depreciation slows down. Lightening price will go up and manufacturing numbers will go down. I bet you noticed how sluggish is the new truck compared to the electric. Ford is the first OEM that will provide adapters for Tesla network and bet you you have a second vehicle in the family that you can use till then. I just got mine for huge discount and it's better than raptor. Any Ford guy that drove my truck was impressed and considering one. New LFP battery will limit performance, if you set your charging to 60-70% you'll get the same milage from current battery(battery life). My daily routine is 70% overnight charging and plugging back at night with north of 40%. No cold starts and worm cabin right away. Performance ...... no thanks to the 3,5 eco-boost(and I was impressed with it before). 100 gallons per month fuel ... no thanks ~ 2000 miles per month. If i was paying for electricity it would be 100-150$ vs double. Let's not forget oil changes, I bet you missing the so called "frunck". I live in the area with frequent power interruptions, the lightening is the perfect backup EV (the hybrid has the power too, but goes trough a lot of gas).
I own a 22 and more time and miles added at Ford then with me. Major problem with battery-high voltage coolant fluid vanishing. I hate this truck and wish I never got it but my dealer that I have purchased from 1975 would of been upset because many people canceled and I also had a gt-500 on order. These truck designs could be much more simplified now and the longevity of these are not to long. I realise its like a I phone that has a cycle life and is worthless when new phone comes out. Have seen early lightnings selling for 20s with under 10k miles. Ford refuses to buy back so lawsuite is coming and would not be surprised to see a class action suite soon.
A great truck for another owner.
These reasons are so bad to "give up" the truck. You bought the wrong version if you want the ER battery, buy the ER battery! Ive only had 1 problem on a road trip where i was panicking trying to find a charger on the way home due to much worse kw/h on the way back than on the way there. No problem, found a charger, charged up, and was on the way. Did we have to stop for awhile? Sure. Was it a pleasant experience? No. But that was the only road trip we did in it. We usually take a different one for the road.
If you bought a SR, it was likely around 55k and with the tax rebate something like 47500. You didnt lose your shirt over it.
Why would you be concerned with ford slowing the production of lightnings just because you own a lightning? Did you buy the truck just to sell it to me that would make sense for me I own a 2023 Ford lightning and I love it so much I don’t ever think about selling it.
I love my Pro. Faster than a raptor at half the price. A quiet and comfortable road tripper. Standard pack was no issue at all on 1200 mile road trip I just did in east coast. With superchargers onboard, charging network is no longer a concern. I needed a stop when the truck did and I never felt like I wasted any time. In a year and a half mine has been rock solid with reliability. Their software team is a joke but they have not had an impact on how it drives yet. I have been lucky with the HVB modules so far. I would worry after 8 year warranty is over but I plan to enjoy it before then. Even if this starts to break down a lot, I am sold on EVs and will not go back.
I love my Powerboost. Only problem I have with it is the hard shift between electric and engine power.
I leased a F150 Lightning. It fits my needs perfectly. The Lightning will save me well over $2000 in fuel per year over the ICE F150. I'll take my chances on the battery. It's covered for 8 years, that's 5 years after my lease runs out. Maybe I'll turn it in and lease the next generation Lightning. I'm staying away from the Ram Ramcharger. I had nothing but problems with the electronics in my a Ram. I see nothing but problems with the Ramcharger on the horizon.
How many times you go out of town that you are worried about range unless you are a salesman. What is your maintenance? Oil change, spark plugs, transmission oil, differential, air filter, brake pads, - these are only maintenance- what if starts giving issues- check engine light, starter, oil leak, exhaust leak- How do I know? Guess. Youi either are invested in oil companies or garages
I have the powerboost and love it, i haul an enclosed trailer and the EV doesnt have the range.
I think EVs will massively improve but it will take some time. The government pushed hard for EVs and many people bought it, but the auto industry isn't ready yet.
My 2015 Sierra 5.3 gets 22mpg….i think a hybrid f150 only getting 24 is a mistake
Smart choice to dump the EV and go with a hybrid! EV's in truck form are not fit for purpose!
Well, I can tell you that they are. You need the extended range though.
The extended range will not get me through an eight hour day. The extended range comes in at about 332 miles without a load and / or towing. I haul farm equipment with a 7500 lb trailer or a 10k unit. An extended range would not work period for an eight hour day. It is nearly impossible to even charge pulling a tractor on a trailer loaded to the back of an EV. If you are the type of person who drives a truck and uses it only as a car go ahead, then it is for show. A contractor with a fully loaded bed of tools would have the same issue of much shorter range. Top it off I live in Pennsylvania it gets cold here. The closest public charger to me is Shippensburg at 31 miles, second is McConnellsburg at 32 miles and the Huntingdon at 35 miles. I live in the fifth most populated state in the US a contractor may drive 50 miles from one job to the next and the roads are rolling in the Cumberland Valley. West of here is worse with mountains and rural areas with few chargers. @@ianrobertson3419
They were dead as soon as somebdy hooked a trailer to it.
I’ve had my power boost for a year, it’s junk. Worst powertrain in a pick up truck. Rough shift points, massive turbo lag. Clunky hybrid system. This is my 5th F-series so I’m not a Ford hater. Also the powerboost will lose at least 10k in the first year, I got mine for 12k off sticker and still think it’s worth 10k less than I paid
I have f150 and it’s amazing track.
All these companies jumped the gun...What a shame...They listened to the Government mandate instead of people.
They should concentrate on Hybrids and small commuter cars that get outstanding mileage.
Infrastructure /battery not ready yet..
Although off-roading is damn fun, I guess 4X4s will be around for a while.
Just repair what you have forever..
Good video. Why would you purchase a vehicle if you didn't plan to keep it ten years? That's just bad financial advice. The battery is covered over seven years. You don't buy a vehicle to sell it. Sad.
Ford did a horrible job in researching these EV trucks. The bad thing was the people got sucked into buying these terrible things
You went into the whole thing terrified of the thing.
2. You lived where there are no chargers.
3. You bought a 1st generation FORD that was poorly designed.
4. The range is horrible. NOT Ford best product to say the least.
The Silverado EV has range of 430. It doesn't do 430. It does almost 500. GM WAS very conservative with it.
Ford just brought a poor offering to market like the Hummer EV. It is way too heavy, has poor range, stupid expensive.
Most all manufacturers have a goose egg. Ford Lightning just is poor offering in its current form.
Dude should of just leased. You pretty much lost that 10k in maintenance to depreacation/trade in cost.
Should have leased it! Then you could have continued to enjoy it and not worry about the resale value!
Great video! Smart man got rid of it before it got worse!
I just bought a 2023 Lightning (in late January of 2024). After owning the truck for 2 months, I had the exact same battery problem. I took it to the dealer. Although the service center has been courteous, the vehicle has been at the dealer for a month. I was skeptical about Ford's entry into the EV market. I regret my purchase.
Any timeline for when you get it back?
Blame the current government for the push for EV vehicles..
Infrastructure is not widespread..moreover more power is and resources are needed to charge electric ⚡️
I understand the smog pollution with gasoline vehicles but we need more hybrid vehicles or more efficient solutions
I respect the tech, but I just don’t see the worth at this time.
I think EV track are future good idea since ICE track consume way too much fuel. I wanna buy one but only in the future. It’s an early tech with Range doubt, public charger unreliable, software are questionable and battery tech still constantly innovating, charger network are being promised… So I wanna hold up to 6 years from now.
The question comes down to - does the truck work for you? The fact that Ford has had to reevaluate the number of Lightnings they produce does not impact if the truck works for me. There is definitely a drag on used EV prices. It is real, meaning there will be a lower price at trade-in. But if someone wants to trade every 2 years, leasing might be a better route. I read about the correction the market is making with EVs and while I wish more people adopted them, it does not bother me because the Lightning works for me. On the bright side, perhaps that will mean less congestion as public charging stations!
I will probably revisit a EV truck in 2-3 years when they have a chance to work out some of the issues. Having the battery in my Lightning go bad after 10 months was a major red flag!
@EV_Insider I understand waiting. I've always been an early adopter. From what I understand this is one of the reasons EV sales have slowed --the early adopters have been tapped out.
no offense, but you are being naive if you think only ev's have issues inside a year. I ask you to look up the cost of an engine replacement in a modern ev vehicle. @@EV_Insider
Your main mistake was buying a first gen for way more than it’s worth. I just bought a brand new lightning for 43k lol
I want to buy one too at that price. Where did you buy it?