Ford Maverick Hybrid vs Slate Pickup: Just $38 Per Month Apart

[danielt1263]

https://www.torquenews.com/1083/ford-maverick-hybrid-vs-slate-pickup-just-38-month-apart

This is actually a pretty good comparison. I take exception to a few items in it, especially the depreciation. If you plan to keep the truck until the wheels fall off, then it's not really a factor and the Slate is even better.

So if you take depreciation out and look at a 10 year timeline, then it's more like $113 per month or $13.6K. As they warn though, YMMV.

The article talks about the Maverick having more features, but it doesn't mention that they are car features. When it comes to truck features, the two are nearly equal and in the areas where they are different (bed size & load carrying capacity), the Slate edges the Maverick out.

 

[Gladstone]

Not a dig at you, but these comparisons are always off the mark.

Call me when ford has a 2 door BEV small truck, and they change their anti-right to repair viewpoint.

 

[Nivek]

https://www.torquenews.com/1083/ford-maverick-hybrid-vs-slate-pickup-just-38-month-apart

This is actually a pretty good comparison. I take exception to a few items in it, especially the depreciation. If you plan to keep the truck until the wheels fall off, then it's not really a factor and the Slate is even better.

So if you take depreciation out and look at a 10 year timeline, then it's more like $113 per month or $13.6K. As they warn though, YMMV.

The article talks about the Maverick having more features, but it doesn't mention that they are car features. When it comes to truck features, the two are nearly equal and in the areas where they are different (bed size & load carrying capacity), the Slate edges the Maverick out.

I doubt Slate will depreciate 60% at that low of an entry price. I expect depreciation to be similar, though that entirely depends on how well Slate does overall. The extra long warranty will also help with depreciation.

If you go out past 5 years the Slate depreciation and maintenance costs should be flat and maintenance costs are going to continue to rise for maverick.

I plan on running the slate till the wheels fall of so depreciation doesn't matter to me anyway.

 

[Trace26]

They say a used Slate will be ~$10,000 in 5 years? That's kinda hard to believe. Cheaper trucks don't tend to drop that fast. You can't compare luxury EVs depreciation with slate.

 

[AZFox]

They're say a used Slate will be ~$10,000 in 5 years? That's kinda hard to believe. Cheaper trucks don't tend to drop that fast. You can't compare luxury EVs depreciation with slate.

So we're somewhere between
"Past performance is no guarantee of future results"
and
"The bigger they are, the harder they fall".

 

[KevinRS]

They're say a used Slate will be ~$10,000 in 5 years? That's kinda hard to believe. Cheaper trucks don't tend to drop that fast. You can't compare luxury EVs depreciation with slate.

I searched for what carvana had in used trucks, even ICE, the cheapest were a bit under 20k, and were either 100k+ miles, or 10+ years and 70k+ miles. With ICE getting that many miles on you start running into increasing maintenance costs.
I think the floor in price for a mechanically good running pickup truck is going to limit Slate's depreciation, there is always going to be someone wanting to buy one.

 

[ValkorTheOptimistic]

I wonder how much of a "typical" EV's depreciation is based on perception of tech capability.

I mean, how excited are people to get a five year old infotainment system and an autopilot that will still occasionally drive you into a guardrail? (I know those are updated, but you get the point.)

Sure, some EVs lose 40 percent of value in five years and some lose 60, and some lose 30 in a single year. I don't know remotely enough to definitively say why, but there's no way that it's all battery pack and brake fluid.

Slate doesn't have a tech suite to age poorly. It won't typically have luxury upgrades that age poorly. I think Slate will be at the low end of depreciation, since Slate buyers won't be complaining about things like the version of CarPlay that's embedded.

The article says " There are a lot of assumptions here, ... " and it's not joking. I might run some numbers myself. A regional breakdown cost for energy would be its own article.

 

[Susan]

FTA: "If the owner of the Slate Auto Pickup cannot charge at home and actually does drive 15K miles each year, it means that DC charging will be required. In that scenario, the Maverick Hybrid is going to be much less expensive to power."

Harrumph. Gas is smelly and bad for our ecosystem. Plus I don't like to burn money.

People should be able to charge their cars at home. Apartments and condos should have solar panels on the roof.

 

[Johnologue]

FTA: "If the owner of the Slate Auto Pickup cannot charge at home and actually does drive 15K miles each year, it means that DC charging will be required. In that scenario, the Maverick Hybrid is going to be much less expensive to power."

Harrumph. Gas is smelly and bad for our ecosystem. Plus I don't like to burn money.

People should be able to charge their cars at home. Apartments and condos should have solar panels on the roof.

Level 1 charging should supplement a good number of miles even if people can't fully charge at home and need DC.

Also, the smelliness of gas (especially when a car is starting up) is extra bad for your immediate surroundings. Neighborhoods with EVs and PHEVs end up having much nicer air quality. Think of the children!

Edit: Forgot to say the obvious, there will always be more options for sourcing electricity than gasoline. Gas prices might go down from their current high, but they've consistently trended upward. If grid power gets more affordable, electrics will benefit; gas cars won't.

 

[Freyar]

FTA: "If the owner of the Slate Auto Pickup cannot charge at home and actually does drive 15K miles each year, it means that DC charging will be required. In that scenario, the Maverick Hybrid is going to be much less expensive to power."

Harrumph. Gas is smelly and bad for our ecosystem. Plus I don't like to burn money.

People should be able to charge their cars at home. Apartments and condos should have solar panels on the roof.

I'm currently negotiating a Level 1 capable receptacle in the garage at my apartment. I wouldn't even need it every night, and as far as billing is concerned, I'll be fine if they just tack it on to what I pay for parking. Say, $20 or so for the electricity, whatever is reasonable. People who don't know better might complain, but I don't drive enough for it to matter. I just don't want to be paying 45 to 65 cents per kWh and burning 35 minutes at a DC charger.

 

[tubes]

Slate doesn't have a tech suite to age poorly. It won't typically have luxury upgrades that age poorly. I think Slate will be at the low end of depreciation, since Slate buyers won't be complaining about things like the version of CarPlay that's embedded.

The article says " There are a lot of assumptions here, ... " and it's not joking. I might run some numbers myself. A regional breakdown cost for energy would be its own article.

The first assumption he made was equal doc fees. Bzzzt! My local Ford dealer has a firm doc fee of $899. If Slate's is that much, most of us are out.

As for tech not aging well: I'll add it also breaks easier. I got my used Honda Odyssey at 12 years old. The fancy stuff the first owner may have enjoyed doesn't work, specifically the expensive back seat entertainment system. The navigation cannot be updated and really shows its age. I enjoy driving in the weeds.

 

[cadblu]

I mean, how excited are people to get a five year old infotainment system…

If you are vaguely referring to Tesla, your statement is patently false. The infotainment and software on a 5 year old Tesla closely if not identically matches that on a brand new vehicle. Hands down, Tesla sets the industry standard on OTA updates. If Slate can match Tesla’s software prowess, I would be duly impressed.

You likely have other relevant examples in mind, and yes I would agree.

 

[tubes]

If you are vaguely referring to Tesla, your statement is patently false. The infotainment and software on a 5 year old Tesla closely if not identically matches that on a brand new vehicle. Hands down, Tesla sets the industry standard on OTA updates. If Slate can match Tesla’s software prowess, I would be duly impressed.

For starters, we'll have to be in the loop to upgrade the software. I think the process will be to use our phone plugged into that one USB-C port marked with a network icon.

Slight aside: in 2012 or so, a senior manager of my Megacorp flew in from California. He wanted to inspire us specifically about how cool Tesla's software update method was, and something we could aspire to. This man said he'd wake up in the morning with anticipation to see if the car updated, and if there would be some cool new thing. He was delighted, and his goal was to inspire us.

Just one thing: he was out of touch with us. He talked too long, he spoke too much about himself, and he started talking about his car collection and how this signature edition cost him $100k. Bad move. We're all like, WTF? $100k? We were just mere southeast coast engineers making under $100k. That little speech caused more to destroy morale and inspiration than any other I've seen from a senior manager.

 

[GaRailroader]

I'm currently negotiating a Level 1 capable receptacle in the garage at my apartment. I wouldn't even need it every night, and as far as billing is concerned, I'll be fine if they just tack it on to what I pay for parking. Say, $20 or so for the electricity, whatever is reasonable. People who don't know better might complain, but I don't drive enough for it to matter. I just don't want to be paying 45 to 65 cents per kWh and burning 35 minutes at a DC charger.

One of my weekly podcast listens had the founder of Orange Charger as a guest. He was a former Tesla engineer that left and started his own company trying to address the apartment and condo charging infrastructure issue. It seemed like it would be a low barrier of entry for the landlord. Hopefully it helps in your negotiations. https://www.orangecharger.com/products/level-1-outlet

 

[EV Trek]

Too many assumptions made for this to be a good comparison. The Maverick has been out for a while with an established depreciation, the Slate is yet to be determined, just because it is an EV it does not mean it will depreciate the same as other EVs, not every EV depreciates the same.
The Doc Fees are another thing. Doc fees decided by the dealers can vary widely, dealer to dealer and also on location. With the Slste more than likely the Doc fee will be the same for everyone. And based on how they priced the destination charge I think they will be lower than the average Doc fee.
These people and other so called Experts are for some reason trying their hardest to convince prople the Slate is not worth buying based on a lot of assumptions