Ford Offers Incentives on Electric Rangers
2 April 1998
Ford Offers Incentives on Electric RangersDEARBORN, Mich., April 2 -- Ford Motor Company today announced a national purchase incentive of $5,000 toward the price of its Ranger Electric Vehicles (EV) or, alternately, a national lease rate of $633 a month. Both retail and fleet customers will now be able to lease the Ranger EV with air conditioning for a 36-month closed-end lease. The lease program includes battery maintenance and replacement, if necessary, at no cost to the customer throughout the 36-month lease. "This new leasing program is another incentive to encourage fleet owners to purchase the electric Ranger and put them to use today," said John Wallace, director of Ford Alternative Fuel Vehicle Programs. "We need people to start realizing the environmental and economic benefits associated with EVs in order to encourage further infrastructure development." As an alternative to the special lease program, the 1998 Ranger EV is eligible for a $5,000 off-invoice credit when purchased. The purchase program includes a 2-year battery warranty, with the second year pro-rated. To sell and service the Ranger EV, Ford has established a nationwide network of dealers. Forty-four dealers in twelve states from Washington, D.C. to Oregon will sell, service and repair the Ranger EV. EV dealers are being added as more customers express interest in the Ranger EV. "We want our EV customers to know that they will receive the same service and dealership knowledge they expect when they purchase any Ford vehicle," said Beryl Stajich, Ford fleet and AFV brand team manager. "By combining the solid driving performance of the Ranger EV with ease of service, we've developed a package that really fits the needs of fleet customers." Ranger EVs are now being delivered to fleet customers. The Federal Aviation Administration (FAA) accepted the keys to the first Ranger EV at the Greater Los Angeles Auto Show in December 1997. The vehicle will be used primarily for mail pick-up and delivery but also may see limited duty with FAA maintenance technicians at several airports. The 1998 Ranger EV includes "Best-in-class" safety and convenience features such as an on-board conductive charger, regenerative braking, anti- lock braking system and emergency power-off. "This state-of-the-art vehicle incorporates proven advanced technology developed at our world class facilities and has been rigorously tested to guarantee it is 'Built Ford Tough,'" said Stajich. "Electric vehicles are one part of Ford's overall commitment to environmental issues," said Wallace. "We want to take actions that have big environmental impact right now." Among the advantages of electric vehicles are zero tailpipe emissions, reduced maintenance and improved energy efficiency over the gasoline engine. "We want people to take a second look and consider the Ford Ranger EV as a fun-to-drive pickup truck that has the quality, reliability and durability they have come to expect from Ford," added Stajich. Ford is the leader in alternative fuel vehicle technology with the broadest variety of AFVs of any automaker. In 1998, Ford offers vehicle models that run on either ethanol, methanol, propane, natural gas or electricity. In the 1997 model year, 91 percent of all alternative fuel vehicles sold in the United States were built by Ford. SOURCE Ford Motor Company