The Ford F-150 Lightning has already been given a value hike for the 2023 model yr—on this case, making use of solely to base, fleet-oriented Lightning Professional fashions.
The bottom Lightning Professional now has a $51,974 base value, together with a $1,795 vacation spot cost. Ford initially priced the F-150 Lightning Professional at $39,974—or $41,669 with the $1,695 vacation spot price—for the 2022 model yr.
The enhance represents a value improve of practically 30%.
2023 Ford F-150 Lightning
This follows a value improve on the retail model of the Lightning for its sophomore model yr. Ford in August introduced a $7,000 value hike for this model, with value will increase of as much as $8,500 in sure configurations.
Ford stated, as a part of an announcement offered to Inexperienced Automobile Studies, that the value hike is said to “ongoing provide chain constraints, rising materials prices and different market components.”
Gasoline autos that use among the similar supplies do not get such value hikes, suggesting it has quite a bit to do with battery packs, and the corresponding provide chain.
Ford hasn’t been the one one elevating costs on its EVs. Among the largest latest value hikes have included EV specialists Tesla, Lucid, and Rivian. Tesla has raised costs a number of occasions over the previous yr, whereas Lucid and Rivian have introduced costs hikes even whereas holding authentic pricing for reservation holders.
The value hike seems to serve a task primarily in setting the stage for 2024, and in giving sellers license to cost rather more for any base Lightning Execs that do find yourself on the lot. In a response to Inexperienced Automobile Studies, Ford confirmed that the 2023 F-150 Lightning Professional is already bought out for retail prospects; whereas present retail order holders awaiting supply, or present business and authorities prospects with a scheduled order, will not be affected by this adjustment, those that have not superior to the order stage might want to pay the premium.
Ford introduced that it’ll finish EV markups and haggling with new seller preparations that begin in January 2024, so this could be offering a runway to that.
2023 Ford F-150 Lightning Professional SSV
We have discovered the F-150 Lightning to be one of many yr’s finest new autos. It revolutionizes the pickup truck with out affecting functionality, and brings electrification to what’s america’ hottest car.
A police model of the Lightning Professional, referred to as the SSV, was introduced in July. It is unclear whether or not the identical value hikes utilized to the civilian Lightning Professional can be utilized to the cop model. However with the hike in costs, it is possible many fleets and municipalities can be revisiting their cost-of-ownership calculations.
With further reporting by Bengt Halvorson