Shortly after the 2021 Ford F-150 was revealed earlier this year, Ford announced that hybrid models equipped with the new 3.5L PowerBoost V6 would come with a generous warranty it calls the Hybrid & Electric Vehicle Unique Component Coverage that covers the battery and electric drivetrain system for 8 years or 100,000 miles. Now, the automaker is adding the same sort of coverage to the all-electric 2022 Ford E-Transit warranty.
That’s considerably better than the warranty ICE-powered Ford Transit models come with, which breaks down as follows:
- Bumper to Bumper – 3 years / 36,000 miles
- Gas Engine Powertrain – 5 years / 60,000 miles
- Safety Restraint System – 5 years / 60,000 miles
- Corrosion (Perforation Only) – 5 years / Unlimited miles
- Roadside Assistance Program – 5 years / 60,000 miles
Clearly, the 2022 Ford E-Transit warranty dwarfs that of its ICE-powered brethren, But electric vehicles require far less maintenance and contain far fewer moving parts than gas-powered vehicles, which is also a major benefit.
In fact, Ford says that scheduled maintenance costs for the all-electric Transit are estimated to be a full 40 percent less than the average scheduled maintenance costs for a gas-powered 2020 Transit over eight years or 100,000 miles. That’s a significant savings for anyone who owns an E-Transit, but it’s particularly important for fleet customers looking to cut costs wherever possible.
Plus, with lower maintenance requirements and the opportunity to avoid fill-ups, companies can improve customer uptime and productivity. Customers charging their vehicles at home will save considerably in terms of fuel costs as well, and even if they opt to use third-party charging stations, an electric vehicle’s cost to operate per mile is generally around 50 percent of an ICE-powered vehicle.
The other factor that must be considered is the initial cost of these vehicles. The Ford Transit cargo van carries an MSRP of just under $35,000, while the E-Transit cargo van will start out at $45,000. This is a significant difference, however, customers who intend to keep these vehicles for that eight-year, 100,000-mile period are likely to still save money in the long run by going electric.