Thursday, July 26, 2012

Ford C-Max Energi: cheapest plug-in hybrid yet (after rebate)

Ford releases pricing of its 2013 plug-in hybrid. With federal rebate, Ford C-Max Energi Plug-in will cost less than $30,000 ? and less than a 2012 Prius. ??

By Nikki Gordon-Bloomfield,?Guest blogger / July 26, 2012

After the federal rebate, the 2013 Ford C-Max Energi is the cheapest plug-in hybrid yet to be sold in North America.

Courtesy of Ford Motor Co.

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It?s official: not only does the 2013 Ford C-Max Energi Plug-in?hybrid?travel further in all-electric mode?than the 2012 Toyota Prius Plug-in hybrid, but it will cost less too.?

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As?Ford?detailed last night, its first plug-in hybrid will retail for $33,750, has a combined gasoline + electric range of 550 miles, is expected to get a combined EPA rating of 95MPGe, and will go on sale later this year.?

It will join the 2013 Ford C-Max Hybrid, a non plug-in hybrid?due to go on sale shortly for around $26,000.

Bigger battery = bigger tax credit

The astute reader will note that at $32,760 including destination, the base level 2012 Toyota?Prius?Plug-in Hybrid has a list price lower than the 2013 Ford C-Max Energi.

However, because Federal tax credits towards plug-in?hybrids?are directly proportional to the size of the battery pack in each car, the Ford C-Max Energi qualifies for a $3,750 tax credit, not the $2,500 that buyers of the?2012?Toyota?Prius?Plug-in Hybrid can claim.

2013 Ford C-Max Energi plug-in hybrid

After incentives, C-Max Energi wins

Applying the full $3,750 Federal?tax?credit?reduces the effective price of the 2013 Ford C-Max Energi to a more palatable $29,995.?

The post-tax credit of the 2012 Toyota Prius Plug-in hybrid by contrast, is $30,260, making the 2013 Ford C-Max Energi the cheapest plug-in hybrid to go on sale to date.?

For base level models, the price difference isn?t that great. At the higher end, with high-spec versions of both cars, the difference is well over $3,000.

Spec both cars to the extreme, and a fully loaded C-Max Energi comes in at $37,435 before incentives, beating the $40,000+ fully-loaded Prius plug-in.

That isn?t to say either that the C-Max Energi misses out on features: it doesn?t.?

In fact, with a premium Sony audio system with MyFord Touch, HD satellite radio, navigation, leather-trimmed, heated seats, parking assistance, panoramic sunroof, and handsfree power liftgate, we think the C-Max Energi gives the Prius Plug-in?hybrid?some serious competition. ??

Order at dealers soon

Although sales of the C-Max Energi won?t start until later this year, Ford says its plug-in hybrid will be available to order at select Ford dealers -- ostensibly ones certified to sell its?2012 Ford Focus Electric?-- very soon.?

If you can?t wait, or live outside the current Ford Electric Vehicle launch markets, you can visit Ford?s website to build and price your own C-Max Energi.

Just remember:?like all plug-in vehicle tax credits,?you have to claim your credit back after buying the vehicle, meaning you?ll need to pay the dealer full list price and not the effective post-credit price.?

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Source: http://rss.csmonitor.com/~r/feeds/csm/~3/7lq4X810he8/Ford-C-Max-Energi-cheapest-plug-in-hybrid-yet-after-rebate

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