Ford has been having an amazing year in sales. Semiconductor chip shortages have disrupted production but America is still showing its support for the blue oval brand in a major way. The Ford F-150 Lightning received over 100,000 preorders. The Ford Mustang Mach-E is one of the best-selling EVs this year. Even the Ford Escape Plug-in Hybrid is getting some love. Now, you can lease the hybrid SUV for less than $28,000.
The Ford Escape Plug-in Hybrid’s new major discount
The 2021 Ford Escape Plug-in Hybrid starts at $33,075. According to MotorTrend, you can now lease the hybrid SUV for $27,480. This is over a 20% discount on the Ford hybrid SUV.
The offer is regional and applies to New York, LA, Atlanta, Chicago, Dallas, Denver Philadelphia, and plenty of other states and cities. Leasing the SUV is a great idea for consumers that want to try hybrid technology for the first time.
The main selling point behind the Ford Escape Plug-in Hybrid is the fuel economy. The hybrid gets 44 miles per gallon in the city and 37 miles per gallon on the highway. It can travel for 37 miles using just electricity. Leasing the hybrid SUV can save you major dollars at the pump.
Should you lease a 2021 Ford Escape Plug-in Hybrid?
Ford offers 24, 36, 39, and 48-month leases for the 2021 Ford Escape Plug-in Hybrid. Ford has several annual mile options ranging from 7,500 to 19,500 miles. The average American drives close to 13,500 miles a year. If 13,500 annual miles were selected during the leasing agreement drivers can expect to pay about $606 a month to lease the Escape Plug-in Hybrid for 24 months with no down payment.
Drivers that selected 13,500 annual miles can expect to pay about $523 monthly on a 36-month lease. It would cost roughly $522 a month for a 39 month lease and close to $536 for a 48 month lease using the same annual mileage calculation without any down payment.
Leasing a Ford Escape Plug-in Hybrid for two years with 13,500 annual mileage amounts to at least $14,544. This is certainly not the most affordable option but if you want to experience what a hybrid SUV has to offer for a brief period of time, the Escape Plug-in Hybrid is a great option. Leasing a hybrid is also a great way to save money on gas and reduce carbon emissions as major automakers roll out electric vehicles that you may be interested in owning long-term.
Is the Ford Escape PHEV a good SUV?
The Ford Escape Plug-in Hybrid is one of the best hybrid SUVs available today. It has an easy-to-use infotainment system. It also has a comfortable cabin and plenty of standard safety features. It drives and handles well and its fuel-efficiency is a testament to the strides Ford has made in fuel economy over the last few years.
The hybrid SUV isn’t the most luxurious SUV in its class. Competitors like the Toyota RAV4 include better cabin materials. The hybrid is also less roomy than the gas-powered Ford Escape. It makes up for its lack of luxury with affordability and competitive fuel economy. Ford has proven that it can produce plug-in hybrid models that are just as good as the competition when it comes to practicality. The hybrid SUV is the stereotypical efficient and reliable Ford model with a modern-day twist.