Can it recoup the upfront and total cost of ownership? More than likely it will
Wayne Gerdes -
CleanMPG - Oct. 11, 2012
Ford C-MAX Energi PHEV-20 (guesstimate) mile all-electric range (AER) - $29,995 (incl. delivery and after federal tax credit) to start is now rated at a 100 MPGe combined rating!
This morning Ford released the much anticipated announcement that their all-new C-MAX Energi PHEV is now rated at a best-in-class combined EPA-certified rating of 100 MPGe, topping the Toyota Prius PHEVs combined rating by 5 MPGe.
While Ford touts a $7,000 fuel savings, it is when compared to something fuel less efficient yet more efficient then their current 20 mpg rated FWD Ford Explorer or 22 mpg rated Edge, both with the 3.5L. We’ll go a few steps further and compare to the current C-MAX hybrid and I think you will find the total costs compelling in a very good way
The Math
Forget Ford’s PR math as it is rosy scenario vs. Pickup trucks and SUVs.
Over 150,000 miles, the C-MAX Energi owner (if it receives the 47 MPG on the liquid gold) with gasoline at $4.00 per and electricity at $0.12 per kWh would spend $9,083 on fuel ($6,383) and electricity ($2,700). This is based on traveling ½ of the 150,000 miles on the plug at 300 Wh/mile. In the real world, the C-MAX hybrid is not living up to its 47 mpg billing so the average C-MAX Energi driver might see 38 MPG actual when on the “gas” bringing the refueling/reenergizing cost up to $10,595 USD for a lifetime of hitting the road.
Compare this to the C-MAX hybrid itself at 38 mpg (again using what the online reports are receiving) over 150,000 miles at an average of $4.00 per costs $15,789 USD.
Not only is it tough to imagine gasoline averaging just $4.00 per gallon over the next 10-years, the savings over the life of the C-MAX Energi by comparison to the C-MAX is significant enough to make the $29,995 (after $7,500 Fed tax credit if you qualify) worth your $’s and “sense”
Unique Three EV modes
The EV mode button allows a driver to opt for electric-only driving without gasoline engine power, normal hybrid mode where the powertrain melds electric and gasoline engine power as appropriate, or a battery-saving mode that reserves the pack power for later use.
When plug-in power is available, drivers can change modes with each press of the EV mode button. The mode currently selected is displayed in the driver’s left instrument cluster screen.
EV: Auto - The vehicle runs on the PHEV charge (CD mode or charge depletion) until depleted and then reverts to Hybrid mode (CS or charge sustaining).
EV: Now - The vehicle operates in EV mode using stored batter power until it is depleted unless an override setting is selected or certain conditions are present such as the accelerator pedal being fully depressed and the driver enabling the gas engine.
EV: Later – This setting saves stored battery power for later use. The C-MAX Energi operates in normal hybrid mode (CS), using both gas engine and electric motor with the stored plug-in power (CD) reserved until the driver switches to the EV: Now or EV: Auto.
At $29,995 incl. deliver and handling after the $3,750 tax credit, it is simply a good deal. The C-MAX Energi is covered by an eight-year/100,000-mile component warranty and is more affordable than the Prius PHEV upfront and C-MAX hybrid on a TCO basis. Ford says the Energi will arrive in Ford dealership showrooms later this fall.