Ford F-150 Lightning Gets up to $10K Price Cut

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2023 Ford F-150 Lightning in blue.Ford has slashed costs on its 2023 F-150 Lightning electrical truck, with the bottom model’s worth dropping nearly $10,000 in a single day.

The corporate says “elevated plant capability, continued work on scaling manufacturing and price, and bettering battery uncooked materials prices” have come collectively to make the worth cuts potential.

The corporate could have additionally scaled up manufacturing quicker than demand has grown – sellers are presently oversupplied with electrical automobiles (EVs) in some elements of the nation. Demand for EVs is rising, however not as quick as provide of some fashions.

The 2023 Ford F-150 Lightning is a full-size pickup with ranges between 240 and 320 miles relying on trim stage. Our skilled check driver discovered it had “greater than sufficient muscle for many necessities, even for work vans,” although vary falls considerably when towing as much as its 10,000-pound restrict. It presents blistering acceleration for a truck – zero to 60 mph in 4.5 seconds for prolonged vary fashions – and useful expertise like an out there built-in scale that weighs payload.

It took house our inaugural Greatest Purchase Award amongst electrical vans this yr.

It’s additionally the one electrical full-size truck presently available on the market. Startup Rivian’s R1T is a midsize truck. Rival startup Lordstown Motors has entered chapter safety and now not seems to be taking orders for its Endurance full-size truck.

However the competitors is seen within the Lightning’s rearview mirror. Chevrolet has a Silverado EV on the way in which for the 2024 model yr. Ram will comply with shortly after with its 2025 Ram 1500 REV. Telsa has delayed the introduction of its Cybertruck electrical truck a number of occasions, however the firm could also be nearer to a remaining reveal than it was final month. Tesla on Saturday posted a picture of the primary pre-production prototype of the truck at its Texas meeting plant.

2023 Ford F-150 Lightning Pricing:

Ford additionally expenses a $1,995 vacation spot charge on all Lightning fashions. The corporate says it’s providing a $1,000 bonus for purchasers who order an XLT, Lariat, or Platinum Lightning via a dealership as a substitute of on-line till July 31.

Lightning fashions with worth tags of $80,000 or much less are eligible for a $7,500 federal tax credit score.

Trim Outdated Value New Value Value Change
Professional $59,974 $49,995 $9,979
XLT 311A $64,474 $54,995 $9,479
XLT 312A $68,474 $59,995 $8,479
XLT 312A Prolonged Vary $78,874 $69,995 $8,879
Lariat 510A $76,974 $69,995 $6,979
Lariat Prolonged Vary $85,974 $77,495 $8,479
Platinum Prolonged Vary $98,074 $91,995 $6,079

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