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2022 Ford F-150 Lightning Options Plan Residual Values Revealed

Scoring a deal on a 2022 Ford F-150 Lightning has proven to be a difficult endeavor thus far, with a few select dealers slapping big markups on the all-electric pickup, much to the ire of the automaker. On top of that, the Lightning isn’t eligible for X-Plan pricing, while those that lease one won’t be receiving the $7,500 federal tax credit either. That is, unless they utilize the Ford Options Plan, which is a type of balloon financing that provides lower monthly payments than a purchase, yet also requires a larger one-time payment at the end of the loan term. Now, residual values for the 2022 Ford F-150 Lightning have been uncovered by Cars Direct, but they apply only toward those leased via the Options Plan.

F-150 Lightning Pro residual values start out at 55 percent for 36-month terms, based on 10,500 miles per year. Moving up to the XLT trim nets consumers a 53 percent residual value, with the Lariat coming in at 50 percent and the Platinum landing at 48 percent. Surprisingly, these values are higher than the Ford Mustang Mach-E, which has residual values ranging from 45 percent up to 47 percent, depending on trim.

The Lightning’s Options Plan pricing hasn’t been released yet, but these higher residual values could make the EV pickup a better value, though we’ll have to wait to compare those figures and lease deals to determine which is the best. The fact that customers who go with the Options Plan are eligible for the federal tax credit gives them a big advantage, however, so long as they have the tax liabilities needed to claim that credit. This is possible because the Options Plan puts the vehicle in a buyer’s name, unlike a lease.

Obtaining an F-150 Lightning might prove to be difficult early on, however, as the automaker recently admitted that it won’t be able to fulfill all of its customer orders in the 2022 model year, despite ramping up production significantly. Ford also recently imposed a one-year no-sale provision for customers, which will prevent them from flipping their new electric pickups for a profit.

We’ll have more on the F-150 Lightning soon, so be sure and subscribe to Ford Authority for the latest Ford F-Series newsFord F-150 newsF-150 Lightning news, and continuous Ford news coverage.

Brett's lost track of all the Fords he's owned over the years and how much he's spent modifying them, but his current money pits include an S550 Mustang and 13th gen F-150.

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Comments

  1. Mark L Bedel

    I’m curious, how would residual values remain high when battery life continues to erode over time, thus travel distance and I would assume overall battery capacity would continue to fade?

    Reply
    1. Jon

      Teslas and Chevy bolts and other cars have done well on battery life. The biggest thing is the newer trucks are going to be coming out with more and more range. Honestly I think the future price of gasoline is going to be one of the biggest determining factors. Plus inflation and future vehicle prices.

      Reply
    2. Bruce F

      Engine wear continues to degrade over time and often need rebuilding or end up in the junk yard after only 200,000 to 300,000 miles. Electric motors and battery systems are lasting far longer than that, as we will see more and more over the next few years. Residuals remain high on EV’S because the powertrains are far superior.

      Reply
  2. Stephen Ketterer

    Big typo in headline: “Lighting”?

    As far as “residual values” go, do governments ever take a financial hit for their bad ideas?

    Reply
    1. Everyday Patriot

      Heh…..the last one certainly did, on Election Day in 2020.

      America is seeing there’s are electric Fords in its Future (as the old ad campaign goes), and those of us who love America and the future of it that we leave for future generations will, in our individual and collective way, make consumer and election decisions that will ensure it’s better for them than is has been for us.
      Think in terms of centuries and generations forward, not 75 years backward.
      If you can’t do that, please: just relax and believe that Americans are going to buy electric vehicles. You don’t have to buy any. No one will force you, I promise.

      Reply
  3. Montana Man

    For my family and me, we value our future Lightnings for more than just the residual value of them: it’s the positive environmental impact that attracted us to considering Lightnings in the first place, as well as the $5.00 it’ll cost us to fully charge the batteries for a full range.
    We appreciate the very patriotism displayed and practiced by the presidents of both Ford and these incredible United States of America, in driving a better and cleaner future for all the people who are lucky to live in this country.
    When we take time to think in terms of decades and centuries, not next week or next month, it’s easy to understand why investing in the better lives of future generations is of the greatest importance for those of us who live in the greatest nation.
    There are three Fords in my family’s future, and we invest in Ford’s future to carry on the good work they’re doing now.
    Expanding the charging network is one of our bipartisan government’s good ideas, and we look forward to six more years of them.
    God Bless America and Americans!

    Reply

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