Ford simply introduced the F-150 Lightning rather a lot nearer to the initially promised beginning worth.
On Monday, Ford lowered the F-150 Lightning lineup’s worth with base Professional fashions now costing $51,990, together with a $1,995 vacation spot cost. The pricing adjustment marks the primary lower after 4 worth hikes and lowers the entry worth of the Professional model by $9,979.
Whereas the electrical truck’s worth has been lower, the necessary vacation spot cost has elevated by $100.
Ford Mannequin E spokesperson Marty Günsberg informed Inexperienced Automobile Stories any Lightning at present on order, scheduled for manufacturing, or scheduled for supply will efficient at the moment obtain the value lower.
The bottom Lightning Professional model is offered out for retail prospects for the 2023 model 12 months, based on Günsberg.
XLT fashions obtained a $9,479 worth drop and now value $56,990 with the Normal Vary battery. Choosing the bigger Prolonged Vary battery pack provides $15,000.
Lariat fashions obtained a $6,979 worth lower and now value $71,990 for Normal Vary vans whereas Prolonged Vary Lariats now value $79,490.
Excessive-zoot Platinum Prolonged Vary fashions obtained a $6,079 worth lower and value $93,990.
Ford Mannequin E Chief Buyer Officer Marin Gjaja famous that the 4 Lighting worth will increase had been as a consequence of rising materials value and provide chain constraints. Ford stated the Lightning’s Rouge Plant, which can have an annual focused manufacturing run fee of 150,000 items after current upgrades, together with improved battery uncooked materials prices and scaling manufacturing led to those worth cuts.
In April, Ford stated the F-150 Lightning ought to stay eligible for the total $7,500 federal tax credit score going ahead.