Ford Mustang Mach-E - Range, charging and running costs

With prices starting from more than £50,000, the Mustang Mach-E needs to be able to deliver low running costs to help it fit into the day-to-day practicalities of family life. Like every other all-electric vehicle, the Mach-E is exempt from road tax, while business users will benefit from a 2 per cent Benefit-in-Kind rate for 2022/23.

Range anxiety shouldn't be an issue for Mach-E owners, as even the Standard Range RWD and AWD models are able to achieve up to 248 and 273 miles respectively. It’s worth noting that weather conditions, driving style and whether you’re driving in town or on a motorway, all play a part in an EV’s ability to meet its manufacturer’s quoted range.

On our own test the rear-wheel-drive Mach-E averaged 3.5 miles per kWh, which means that we could have achieved 238 miles on a full charge - so pretty close to Ford’s own figures.

Most all-electric SUV owners will have a 7kW home charger and, taking the average cost of a kWh of energy at 16.3p, then charging the Mach-E from your driveway will cost around £12.20 and should take about 11 hours.

Upgrading to the Mach-E Extended range models brings, as you might think, improved mileage from a single charge. The rear-wheel-drive version takes the crown, managing a claimed 379 miles, although the all-wheel-drive car isn’t too far behind with 335 miles. The Extended Range lineup also adds superior 150kW charging ability, compared to 115kW for the Standard Range variants. There isn't too much of a compromise on range for buyers opting for the performance GT model, as Ford claims around 310 miles from a full battery.

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Insurance groups

Insurance premiums for all-electric cars tend to be a little higher than their combustion-engined siblings, and it’s no different with the Mustang Mach-E. The Standard Range models start in group 33, moving up to group 40 for the more powerful Extended Range versions.

This seems a little steep when you consider a 222bhp Ford Kuga plug-in hybrid in top-spec Vignale trim (at around £39,000) is in group 21 - certainly something to think about if you’re looking for the most balanced proposition for family life.

The top-of-the-range Mach-E GT model sits in group 47, which is pretty much on par with the Tesla Model 3.

Depreciation

The good news is that, due to its relative freshness and perhaps that famous Mustang name, the Mach-E should boast strong residual values after a typical three-year/36,000-mile ownership period. Expert data suggests that Ford’s battery-powered SUV should retain around 51 per cent of its value, which is a little behind the Tesla Model 3’s figures of 54-57 per cent.