Sometimes I feel like I’m stepping on William Teach’s toes when I write about plug-in electric vehicles, but I’m sure that he’ll get over it. Ford Motor Company F: (%) has noted that the Environmental Protection Agency has confirmed its range miles for the 2022 F-150 Lightning plug-in electric truck:

300-320 miles for the Extended Range battery and 230 miles for the Standard Range battery.

Ford has officially confirmed the recently emerged EPA range numbers for the upcoming all-electric Ford F-150 Lightning pickup.

The manufacturer announced EPA Combined range values for all trim levels and both battery versions (Standard Range and Extended Range), emphasizing that in the case of ER battery, the range is actually 20 miles higher than the target.

In short, customers should expect:

• Standard Range: 230 miles (370 km)
• Extended Range (all trims, except of Platinum*): 320 miles (515 km) Platinum trim: 300 miles (483 km)

I used a screen capture of the article header as my headline because it showed an F-150 Lightning hooked up to a home charging station at a definitely expensive home. The link to the original is embedded in that header.

Why? Because at the bottom of the article was this chart.

The most basic electric F-150 is over $40,000, at $41,669.00. That tax credit? That isn’t what you pay pulling away from the dealer, but what you can get credited to your tax bill when you file your taxes, which could be the better part of a year after you but the vehicle. You’re going to have to pay the dealer $41,669, and, for most people, that means financing most of that amount, paying interest on most of that amount. Start adding options, and the price goes higher.

But what got to me was the costs of the F-150 with bigger wheels. An F-150 Lightning XLT ER with 20″ tires is going to cost you $74,169. Other versions can cost $69,169, $79,169 and $92,569.

As it happens, my wife and I bought a home in Estill County for her sister, 1,344 ft², with two bedrooms, one bathroom, and a detached one car garage. While my nephew and I did some plumbing work on it, and remodeled the bathroom, it was perfectly livable, and not a fixer upper. We paid $69,999 for the house.

In other words, we bought a perfectly livable house, built in 1920, just last December, for less than several versions of a Ford F-150 plug-in electric truck!

Ignore the furniture in the pictures; those are from the sales advertisement for the place.

Of course, that’s not the only house we’ve bought recently. In September of 2014, we bought our current house, a livable but nevertheless fixer-upper house, built in 1927, two bedrooms, one bathroom, with 7.92 acres of land and 500 feet of frontage on the Kentucky River, for a whopping $75,000.

No, that’s not a typo; I didn’t omit a trailing zero, or leading number to make it six digits.

Regular readers of this site — both of them — have seen photos of our kitchen before, but they were taken after we remodeled. 🙂

I bring this up because some of the liberal commenters on Mr Teach’s website keep telling us how wonderful plug-in electric vehicles are, and who knows, maybe they’re really great, but when your car costs more than a house, something is very, very wrong.

Yes, we live in east central Kentucky; the next county over, Lee, is the home of Beattyville, a place called the “poorest white town in America” from 2008 to 2012, so yes, housing prices around here are well below the national average. That doesn’t mean that houses here are undervalued; it means that houses elsewhere are over-inflated!