Electric cargo van

We quote this one short and conservative on purpose. Battery-era resale is still settling, so a 24 month term at the 12,000 mile band keeps you out of the part of the residual curve nobody can price yet.

Fixed urban routes inside the loop, last mile delivery, fleets with depot charging already installed.

How this payment is built

$1,000.16/mo

MSRP: $56,900
Capitalised cost: $53,600
Residual, 59% of MSRP: $33,571
Depreciation over 24 months: $20,029
Monthly depreciation: $834.54
Monthly rent charge: $165.62
Money factor, x2400: 0.00190 = 4.56% APR
Due at signing: $1,695
Excess mileage: 16¢ per mile
Total of payments: $24,004

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Sample figures, before tax, subject to credit approval.

Specification and standard equipment

As delivered from our Dallas yard. Anything in the upfit catalogue can be added before release.

Numbers that matter on site

Usable battery: 82 kWh
Sample range, laden, summer: 148 miles
Sample range, laden, winter: 119 miles
Depot charge, 11 kW AC: About 8 hours, 10 to 100 percent
Cargo volume: 254 cu ft
Payload, as delivered: 2,690 lb

Standard on every unit

11 kW onboard AC charger and a 50 ft depot lead
Pre-conditioning on a timer, set from the fleet portal
Regenerative braking with a one pedal mode
Steel bulkhead and load rated floor
Battery state of health report at every service visit

Worth knowing at turn in. Battery state of health is recorded at turn in but is not a wear item on our schedule. Depot charging habits are yours to manage; we will survey the yard before you order.

The same unit at four terms

At 12,000 miles a year. Longer terms look cheaper monthly and cost more in total, because the residual falls faster than the payment does.

Compare against financing

Term	Residual	Residual value	Monthly depreciation	Rent charge	Monthly	Total of payments
24 months (quoted)	59%	$33,571	$835	$166	$1,000	$24,004
36 months	51%	$29,019	$683	$157	$840	$30,232
48 months	43%	$24,467	$607	$148	$755	$36,253
60 months	36%	$20,484	$552	$141	$693	$41,561

Sample figures. Scroll the table sideways on a narrow screen.

This unit at five mileage bands

Excess mileage on this class is 16 cents a mile, so the band you buy is worth getting right.

Electric cargo van. Excess mileage 16 cents a mile at turn in. Sample figures, before tax.

12,000
miles a year
$1,000/mo
Residual
59%
Residual value
$33,571
Total of payments
$24,004
The base band. Anything above it is charged at 16 cents a mile when you hand the unit back.
Most fleets
15,000
miles a year
$1,045/mo
Residual
57%
Residual value
$32,433
Total of payments
$25,090
Costs $1,086 more than the band below over 24 months. Worth it once you drive 6,789 extra miles across the term.
20,000
miles a year
$1,113/mo
Residual
54%
Residual value
$30,726
Total of payments
$26,719
Costs $1,629 more than the band below over 24 months. Worth it once you drive 10,182 extra miles across the term.
25,000
miles a year
$1,181/mo
Residual
51%
Residual value
$29,019
Total of payments
$28,349
Costs $1,629 more than the band below over 24 months. Worth it once you drive 10,184 extra miles across the term.
30,000
miles a year
$1,249/mo
Residual
48%
Residual value
$27,312
Total of payments
$29,977
Costs $1,629 more than the band below over 24 months. Worth it once you drive 10,180 extra miles across the term.

Upfits that suit this unit

Fitted on site before release. The monthly figure is the cost of capitalising it across this unit's 24 month term.

Full catalogue

Composite shelving, lightweightSame three bay layout in a composite material that saves 127 lb against steel. On a payload-limited van that is most of a second technician's kit.$2,350 up front, or about $102 a month. Lead time 4 days.
Interior LED lighting kitTwo rows of load-area LED with a door trigger and a manual override, wired through a fused take-off rather than spliced into the factory loom.$340 up front, or about $15 a month. Lead time 1 day.
Telematics unit and subscriptionOBD-linked GPS with engine fault codes, idle time and driver scoring. Hardware is charged once; the subscription is $22 per vehicle per month and cancellable with 30 days notice.$180 up front, or about $8 a month. Lead time 1 day.
Full colour vehicle wrapFull wrap in cast vinyl with a laminate, designed from your existing brand files. Cast vinyl is the point: calendered film bakes onto Texas paint and costs you the removal charge.$2,900 up front, or about $126 a month. Lead time 5 days.

About this unit

Four things customers ask before they sheet this one.

Every question

The $795 acquisition fee, the $150 documentary and title fee and the first monthly payment of $1,000.16. There is no security deposit on approved commercial credit. Sample figures.

Yes. The grid above prices this unit at 24, 36, 48 and 60 months, and at five mileage bands. You can also change the band once mid term, before the final six months, and we re-sheet the payment from that month forward.

16 cents. At 12,000 miles a year on a 24 month term you have 24,000 contracted miles, and anything past that is charged at turn in. Under-mileage is not refunded.

It can be. Capitalising an upfit spreads it across the term at the same money factor, or you can pay it up front and own it outright, which is usually cleaner if you intend to transfer the shelving into the next unit.

Also worth pricing

All units

Put the electric cargo van on a sheet

Tell us how many, where they run and what goes in the back. You get a quote within one business day with the residual and the money factor printed on it.

Start a fleet quote Wear and tear standards