There’s a Reason Why the Ford F-150 Hybrid Sells Below MSRP
Getting a truck at its MSRP seems impossible right now. The 2023 and 2024 Ford F-150 are selling above MSRP even though the 2024 model has an attractive midcycle refresh. However, the Ford F-150 Hybrid is going in a different direction.
Why is the Ford F-150 Hybrid selling below MSRP?
Unfortunately, the Ford F-150 Hybrid isn’t the most reliable truck in the bunch. Some outlets refer to it as one of the least reliable options you can buy.
However, more issues have been reported for the 2021 and 2022 model years. This may indicate that a majority of the issues have been solved.
One problem that plagued drivers early on was the battery. There are various reports from owners about having to replace the battery within the first year of ownership.
The weak batteries caused issues related to engine power, acceleration power, the headlights, and the infotainment system. Some drivers faced dead batteries and the inability to start their trucks.
The F-150 PowerBoost battery needs at least 80% of its charge to fully power accessories, and driving about 15 minutes to work and back may not provide enough charge.
This also led to other electrical issues. People complained about faulty trailer brake controllers, failing sensors, failing backup cameras, malfunctioning infotainment systems, and radio issues.
But it’s worth noting the that F-150 PowerBoost Hybrid warranty protects the powertrain and electrical components such as the battery for the first eight years of ownership or 100,000 miles. The bumper-to-bumper coverage is for the first three years of ownership or 36,000 miles.
The F-150 PowerBoost is selling for an average of 0.8% $701 below MSRP. It can be purchased for under its sticker price in most cases. However, the average new vehicle is selling at about 8.5% over MSRP.
The cheapest way to get an F-150 Hybrid is by opting for the XLT trim and then upgrading to the $3.5-liter V6 EcoBoost engine for $1,660. This also requires the addition of the Tow Package for $785. The total price is $52,705.
But the F-150 Hybrid gets an EPA-estimated 24 mpg in the city and up to 24 mpg on the highway. It can travel up to 700 miles between fill-ups and tow 12,700 lbs.
