New Car Purchase: 2022 Ford Escape PHEV SE

Joined
Dec 17, 2011
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399
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Northern NJ
Our 2012 Subaru Impreza has been good to us since new almost 11 years ago but at 190k miles, it's got bumps, bruises and foibles so we were ready for a change.

Thank you Chapman Ford of Horsham, PA for not being greedy and giving good deals to those that are willing to order a car. Picked up my Mustang GT in February at 4% below invoice plus a $500 special order rebate. Tuesday I picked up our 2022 Escape plug-in. Base/SE trim with "negative" options - credit for some hot spot supply chain availability content miss. 3% below invoice and a $1000 special order rebate brought the almost $37k list to just over $33k before doc, taxes and dmv. Then what really makes this work, $6800 federal tax credit. This one is covered under the old rules + ok with one new rule required, that it is assembled in US. There are more rules phasing in for Federal credits including source of raw materials for the battery. You get $7500 when you buy a 250 mile range EV and nearly the full thing for this plug-in with 37 miles of range.

I had about a 90 mile trip home. I got about 35 miles electric, reaching Flemington, NJ. As I hit hybrid mode, I had about 5 miles of a road with some lights, then about 50 miles of straight highway. The cluster picture shows the results of the hybrid portion of the drive. Interesting that it claims 12 miles of that run were electric miles. I was keeping it at about 70-72mph to get over 40mpg.

I like the softer styling of this compared to the super faceted sharp edges of competitor Rav4 Prime. The main miss on this car is FWD only but cheaper, better hybrid economy, cheaper to start and it is available to order at a discount. Rav4 does have well into 40s of electric range. The Escape charges overnight with the provided cord into your existing standard 120 volt outlet. 220 charging can be accomplished as well.
 

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Joined
Oct 7, 2012
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Staten Island, NY
It looks like a class act, nice you found a dealer that treats people reasonable

If your gonna keep it long term, have you priced out one of those Ziegler discounted Ford ESP plans?

I didn't know they'd sell you coverage to 8y150k
 
Joined
Nov 23, 2003
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WA
Congrats but it’s kind of late in the year to utilize that $6800 tax credit isn’t it?
 

Pew

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Mar 12, 2018
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IL
That's awesome fuel economy; how's the braking in that car? The only ford hybrid I've driven was a '17 Fusion which was great in many ways except the extremely touchy regen brakes that was like a on/off switch.
 
Joined
Oct 7, 2012
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4,040
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Staten Island, NY
Good luck with that for a Ford PHEV. The Prime would have no problem getting that and much more...
I don't know about that...
Ford has occasional bouts of competency (or they co develop and rebadge)

Those old Escape Hybrids took a licking and kept on ticking, especially in high mileage NYC taxi cab use
NYPD liked the low-key off the line torque of Fusion Hybrids 🤔

We'll see how this newer stuff ages 🤷‍♂️
 
Joined
Nov 23, 2003
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Timing doesn't really matter ? I qualified under most of the old rules. My Federal taxes will get a direct credit of about $6800 because I bought the vehicle.

I only have about $7K in Federal tax liability a year, I would have to buy a EV or PHEV in January or February and file exempt for the rest of the year so I would break even by the end of the year.
 

deanm11

Thread starter
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Dec 17, 2011
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Northern NJ
I only have about $7K in Federal tax liability a year, I would have to buy a EV or PHEV in January or February and file exempt for the rest of the year so I would break even by the end of the year.

Or just get it back when you file for a refund. You would have just simply overpaid when considering the credit due you so you are due a refund.
 
Joined
Nov 23, 2003
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I believe it doesn’t work that way. If you don’t have a tax liability to utilize the tax credit, you lose that money?
 
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Looks like a great suv. in my opinion, hybrid purchases are the smart move in this stage of the game. My ex had one of those earlier escape hybrids, an 08… it was a fabulous vehicle, one of the best sorted, well-thought, design-optimized vehicles I’ve known.
 

deanm11

Thread starter
Joined
Dec 17, 2011
Messages
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Location
Northern NJ
I believe it doesn’t work that way. If you don’t have a tax liability to utilize the tax credit, you lose that money?

If you don't have a full-year tax liability of as much as the credit, regardless of how much you may have paid in to any particular point, that will limit the benefit to you. (old rules. New rules don't require an offseting tax liability but do introduce income limits)
 
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Well update us on any issues that you have, or do not have, down the road. Congratulations on the purchase and let’s hope that she gives you a lot of trouble free miles. 👍🍻
 
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