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, for the 2023 F-150 Lightning Professional. Ford initially priced the F-150 Lightning Professional at $39,974—or $41,669 with the $1,695 vacation spot charge—for the 2022 model yr.
So this represents a value enhance of almost 30%.
2023 Ford F-150 Lightning
This follows a value enhance 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 mentioned, as a part of a press release offered to Inexperienced Automotive Reviews, that the value hike is said to “ongoing provide chain constraints, rising materials prices and different market components”
Gasoline automobiles that use a number of the similar supplies don’t get such value hikes, suggesting it has loads to do with battery packs, and the corresponding provide chain. Ford hasn’t been the one one elevating costs on its EVs excess of its gasoline fashions. Among the greatest 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 worth hike seems to serve a task primarily in setting the stage for 2024, and in giving sellers license to cost way more for any base Lightning Professionals that do find yourself on the lot. In a response to Inexperienced Automotive Reviews, 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 industrial 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’s going to finish EV markups and haggling with new vendor 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 greatest new automobiles. It revolutionizes the pickup truck with out affecting functionality, and brings electrification to what’s america’ hottest automobile.
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 shall be utilized to the cop model. However with the hike in costs, it is possible many fleets and municipalities shall be revisiting their cost-of-ownership calculations.
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With further reporting by Bengt Halvorson
