The 2024 Ford Escape Hybrid is A Thriving Champion of Value and Performance
Although this underdog received a fair amount of praise from Ford CEO Jim Farley, the automaker’s Escape SUV has garnered significant acclaim for its performance, positioning it among the most satisfying compact crossovers and top hybrid choices available. The Ford PHEV SUV garnered accolades such as Consumer Reports’ recommendation and has firmly established itself as one of the most sought-after new vehicles and premier American models on the market. Further, it stands out as a leading hybrid option within the price range of $35,000 to $45,000.
The Ford Escape Hybrid, in particular, has reached another milestone by being recognized among the most cost-effective three-year-old alternative fuel vehicles in a recent iSeeCars study. Interestingly, while the Lincoln Aviator Grand Touring emerged as one of the priciest alternative fuel vehicles on the same list, the Ford Escape Hybrid presents itself as a superior value proposition. According to iSeeCars’ research, the average price of a three-year-old Escape Hybrid is $33,508* (which excludes tax destination and fees), with an average annual mileage of 13,993 miles, resulting in an effective cost of $2,395 per 1,000 miles. Nestling the Hybris Escape in seventh place on the electrified crossover list.
iSeeCars gathered data by examining the odometer readings of 1.3 million three-year-old used cars sold between November 2022 and April 2023. The automotive researcher compared the mileage of hybrid vehicles to that of gas cars and found that hybrids were typically driven 12,471 miles over the specified time frame, representing a 2.7 percent reduction compared to gas cars.
“Range anxiety and charging infrastructure are top-of-mind for EV drivers, and those factors likely limit how far owners will drive them. Hybrids and plug-in hybrids, where all-electric battery range is limited but range anxiety isn’t a factor, are driven only slightly less than gasoline cars, as reflected in their similar yearly mileage. The price increase between hybrids and traditional gasoline models keeps dropping, making hybrids an increasingly desirable option for consumers looking to keep both purchase price and operating costs low without altering their driving habits or facing range anxiety.“
-iSeeCars Executive Analyst, Karl BrauerÂ
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