Ford Mustang Mach-E gets $8,100 price cut and F-150 Lightning adds for huge savings

Ford announced a major price cut on the Mustang Mach-E and incentives on the F-150 Lightning that will save up to $8,100 on the former and savings of up to $15.000 on the latter.

In a memo sent to its dealer network, Ford notified all about the price adjustment for Mustang Mach-E which ranges from $3,100 to $8,100 for different models. Additionally, eligible buyers will get interest-free financing for 72 months.

Here are the new prices for some Mach-E:

• Select rear-wheel drive (RWD) drops $3,100 to $39,895
• Select all-wheel drive (AWD) drops $3,100 to $42,895
• Premium RWD, standard range drops $4,100 to $42,895
• Premium AWD, standard range drops $4,100 to $45,895
• Premium RWD, extended range drops $8,100 to $45,895
• Premium AWD, extended range drops $8,100 to $48,895
• California Route 1 AWD, drops $8,100 to $48,895
• GT drops $7,600 to $52,395
• GT Performance Edition drops $7,600 to $57,395

The carmaker will charge about $1,800 for delivery and destination fees separately. The move could create better sales momentum as Mach-E doesn’t meet the requirements for a $7,500 federal tax credit.

F-150 Lightning:

This electric truck is added to the incentives and cash bonus programs which could save up to $15,000 for the 2023 model buyers.  F-150 Lightning is eligible for a point-of-sale (POS) federal tax credit and retail incentives. Here is the price breakdown:

• F-150 Lightning Pro ($49,995 MSRP) $42,495 (after $7,500 tax credit)
• F-150 Lightning XLT ($54,995 MSRP) $47,495 (after $7,500 tax credit)
• F-150 Lightning XLT 320-mile range ($69,995 MSRP) $54,995 (after $7,500 retail incentive offering + $7,500 POS credit)
• F-150 Lightning Lariat ($69,995 MSRP) – $57,495 (after $5,000 retail incentive + $7,500 POS credit)
• F-150 Lightning Lariat 320-mile range ($77,495 MSRP) $64,995 (after $5,000 retail incentive + $7,500 POS credit)
• F-150 Lightning Platinum ($91,995 MSRP) $79,495 (after the $12,500 retail incentive)