jh0400 said:
I have a GC 4xe Trailhawk, and aside from a busted water pump at 18k miles it's everything I could ask for. It covers my 15 miles of round trip commuting on battery and is more than capable off-road. For one of the handful of people who drive short distances daily but like to have an off-road capable vehicle, it's the perfect platform. I buy gas every couple of months if I'm not taking a roadtrip, and the increase in our electricity bill was negligible.
Your findings sync up with what hedges1 stated in that using the Electric Range, you save 2 free tanks of gas every 1,000 miles.
@ $2.50 per gallon, you're saving about $400/yr.
However, it costs and extra $10,000 for the Hybrid 4xe not factoring in the $7,500 tax credit which looks like it might be $3,750 now.
So it's going to take either 25 years (with no tax credit), 6.25 years (with the $7,500 tax credit) or 9.375 years (with the $3,750 tax credit) to make this a break even proposition.
This web site has details about the current availability of the tax credit.
https://www.4xeforums.com/threads/tax-credit-update-its-official-now.4814/Quote:
Hello Jeep Community,
We've noticed some conversation / questions around the new US Federal Credits for Clean Vehicles guidelines and wanted to help clarify.
Jeep 4xe vehicles (Wrangler & Grand Cherokee) still qualify for a $7,500 EV Incentive when LEASING. Also known as the Federal Tax Credit; this is classified as a commercial transaction between the customer and the financing arm. The lessee is unable to claim this tax credit on their personal tax credit and is factored into the lease calculation as a cost cap reduction. Please note, there are agreements in place with Chrysler Capital, Stellantis Financial, and Ally Bank to pass this credit to the customer so we recommend leasing through these institutions to ensure you maximize the benefit.
For retail PURCHASES, starting back on April 18th, 2023, the maximum Federal Tax Credit for Jeep 4xe vehicles became $3,750. There is an MSRP cap of $80,000 (less destination fee) and adjusted gross income limits of $300,000 for joint filers / $150,000 for individuals.
Here's the official IRS chapter and verse:
https://www.irs.gov/credits-deductions/credits-for-new-clean-vehicles-purchased-in-2023-or-afterAnd I haven't even factored in the cost of charging which might be negligible.
Charging was free at my hotel in Reno but I think that was probably a come on to get NorCal people to stay there in their EVs. Since they only had 4 charging points, I guess they were only expecting 4 EV guests per night. Took about 3 hours for my 4xe Wrangler to fully charge for its 22 mile range.
The 4xe seems like a waste of effort to me.
