Explore the Savings of Going Electric

Is it worth it to switch to an Electric Vehicle?

With the growing popularity of electric vehicles (EVs), automakers like Ford have been investing heavily in developing affordable and practical electric models.

Ford has introduced several electric vehicles in its lineup, aiming to make sustainable and efficient transportation accessible to a broader range of consumers.

The significant cost savings over time of owning a Ford EVs is part of how they are making electric mobility more attainable for the average consumer.


Scheduled Maintenance Costs for Electric Vehicles

When considering the affordability of Ford EVs, it is essential to analyze the total cost of ownership over the vehicle’s lifetime.

While the upfront cost of an electric vehicle may be higher than a comparable gasoline-powered vehicle, the lower operating and maintenance costs mentioned earlier, combined with potential fuel savings, can offset the initial investment.

Ford EVs offer a compelling value proposition by delivering long-term savings, particularly for those who drive significant distances or have high fuel consumption requirements.


Rebates, Tax Credits, and other Incentives

One significant factor contributing to the affordability of Ford EVs (and electric vehicles in general) is the availability of government incentives.

Many governments worldwide are actively promoting the adoption of electric vehicles through various financial incentives, such as tax credits, rebates, and grants.

These incentives can significantly reduce the upfront cost of purchasing a Ford EV, making them more accessible to a broader range of consumers.


Potential Federal Tax Credits*

Ford electric vehicles (EV) and plug-in hybrid EVs (PHEV) with MSRPs of $80,000 or less are currently eligible for federal tax credits. See vehicle pages for details.

* Please consult with your own tax or legal professional to determine your individual eligibility. Tax credit amount is based on vehicle-specific component sourcing and assembly and may be subject to change. MSRP cap includes all optional equipment attached to the vehicle at the time of delivery to the dealer and excludes destination charges, optional items added by the dealer, taxes and fees. The federal tax credit is a potential future tax savings. The amount of your tax savings will depend on your individual tax circumstances. Incentives and additional rebates are not within Ford’s control. This information does not constitute tax or legal advice. Click here for additional information.

Electric Vehicle Savings Calculator

Only an estimate. Excludes taxes, title, license, and insurance.


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Miles per gallon

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Average cost per gallon

Gar price reflect New Jersey's average. You may enter your own value here.


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Miles per kWhr

This is the current number of miles EV's get per kWhr, on average. If you know your desired vehicle's rate, enter it here.

Average cost per kWhr

This is an average for New Jersey residential electricity rates. To find your own price per kilowatt-hour, divide total costs by kWhr, and take an average over both winter and summer months.

This is how much you could save per year by switching to an electric vehicle!

BlueOval™ Charge Network

The BlueOval™ Charge Network (BOCN) is ready for your next EV road trip. It’s the biggest EV charging network – with the most DC Fast Charging locations – in North America.* And it just keeps growing.

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