Ford F-150 Lightning Electric Truck Pricing
The base price for the 2023 Ford F-150 Lightning electric truck starts at $49,995, while the range-topping F-150 Lightning Platinum is priced from $91,995. However, it’s worth noting that Ford has announced price changes for the 2024 F-150 Lightning lineup, with prices on model year 2024 pickups jumping $2,000 to $10,000 from 2023. Meanwhile, premium trucks are getting price cuts of $5,000 to $10,000. The most affordable Pro trim has been reduced from its previous MSRP of $59,974 to $49,995, and the highest Platinum with extended-range battery has dropped from $98,074 to $91,995. Ford has also slashed the price of the F-150 Lightning by between $6,000 and $10,000, citing improvements in access to raw materials for the truck’s battery and upgrades to its manufacturing facility. These developments have enabled Ford to drop prices and shorten the wait times for customers’ new F-150 Lightning.
Contents
- Are Ford Lightning prices going down?
- How much is a fully loaded Ford Lightning truck?
- Why was the Ford Lightning discontinued?
- Why is the Ford Lightning so expensive?
- How long do Ford Lightning batteries last?
- What is the income limit for the EV tax credit?
- Why are Ford Lightning’s so cheap?
- Does the Ford Lightning qualify for the $7500 tax credit?
- Why is Ford Lightning not selling?
- How many miles per gallon does the Ford Lightning get?
Are Ford Lightning prices going down?
Ford Motor Co. alerted its dealers Wednesday to price changes for its all-electric F-150 Lightning. Prices on model year 2024 pickups have jumped $2,000 to $10,000 from 2023, the automaker said. Meanwhile, premium trucks are getting price cuts of $5,000 to $10,000.
How much is a fully loaded Ford Lightning truck?
2023 Ford F150 Lightning Pricing
| 2023 Ford F-150 Lightning | MSRP |
|---|---|
| F-150 Lightning XLT 312A Extended Range | $69,995 |
| F-150 Lightning Lariat 510A | $69,995 |
| F-150 Lightning Lariat Extended Range | $77,495 |
| F-150 Lightning Platinum Extended Range | $91,995 |
Why was the Ford Lightning discontinued?
You might have seen the news today: Ford is slashing production of its theoretically popular F-150 Lightning EV pickup due to tumbling demand, amid slowing growth—not a downturn! —in EV sales.
Why is the Ford Lightning so expensive?
We contacted Ford for a little more info, and received this: “Ford is adjusting the MSRP on the 2023 F-150 Lightning Pro due to ongoing supply chain constraints, rising material costs and other market factors. We will continue to monitor pricing across the model year.
How long do Ford Lightning batteries last?
10 to 20 years
But for now, it’s important to know just how long an EV battery lasts on current generation models. So, what is the average electric car battery life expectancy? You can expect your EV battery to function reliably for 10 to 20 years!
What is the income limit for the EV tax credit?
EV tax credit income limit
| SINGLE | Modified AGI over $150,000 | Don’t qualify for the EV credit |
|---|---|---|
| MARRIED (Filing Jointly) | Modified AGI over $300,000 | Don’t qualify for the EV credit |
| HEAD OF HOUSEHOLD | Modified AGI over $225,000 | Don’t qualify for the EV credit |
| ALL OTHER FILERS | Modified AGI over $150,000 | Don’t qualify for the EV credit |
Why are Ford Lightning’s so cheap?
So what allows Ford to reduce prices now? The carmaker says the price of the raw materials needed to build the trucks’ batteries have decreased, and the plant where the F-150 Lightning is built has greater production capacity.
Does the Ford Lightning qualify for the $7500 tax credit?
Ford retained the full $7,500 credit on the F-150 Lightning, making it the only electric pickup on the market eligible for the full credit. The Rivian R1T gets the $3,750 half credit since it only meets half the domestic battery sourcing requirements.
Why is Ford Lightning not selling?
Last month, Ford said it would reduce production of its F-150 Lightning, as demand for electric vehicles (EVs) has been lower than expected.
How many miles per gallon does the Ford Lightning get?
Find and Compare Cars
| 2022 Ford F-150 Lightning 4WD | |
|---|---|
| EPA MPG MPGe:Miles per Gallon Equivalent 1 gallon of gasoline=33.7 kWh About All-Electric Cars | Electricity 68 combined city/highway MPGe 76 city 61 highway 49 kWh/100 miles |
| Unofficial MPG Estimates Shared by Vehicle Owners | View Estimates How can I share my MPG? |
