The all-electric 2022 Ford F-150 Lightning launched to much fanfare, leading to a slanted supply demand curve and an overwhelmed order bank for The Blue Oval. As such, FoMoCo cut off 2022 F-150 Lightning order banks just a few months after its launch, with many order holders now waiting for the 2023 model year to arrive. That changeover will bring about a few changes for the 2023 Ford F-150 Lightning, however, including substantial price increases.
|2023 Ford F-150 Lightning Price – August 9||2022 Ford F-150 Lightning Price – August 9||+ / – August 9 Price|
|XLT High Extended Range||$80,974||$72,474||+$8500|
|Lariat Extended Range||$85,974||$77,474||+$8500|
Price increases for the 2023 Ford F-150 Lightning vary by trim level, with the range-topping Platinum and XLT High increasing by the least amount – $6,000 – while the XLT equipped with the extended range battery has gotten $8,500 more expensive. Perhaps the most notable jump here belongs to the entry-level, commercial-focused Pro, however, which is now $7,000 pricier, making its original, bargain-basement MSRP of $39,974 a distant memory.
It is important to note that carryover 2022 model year order holders will not be impacted by these price adjustments. Lightning reservation holders who previously received an invitation to order, but who elected to extend their reservation because their vehicle specification was unavailable, will receive a private offer for use in upcoming waves. “Current order holders awaiting delivery are not impacted by these price adjustments,” said Marin Gjaja, chief customer officer, Model e. “We’ve announced pricing ahead of re-opening order banks so our reservation holders can make an informed decision around ordering a Lightning.” Ford notes that “significant material cost increases and other factors” are to blame for this significant jump in F-150 Lightning pricing.
Aside from these price changes, 2023 Ford F-150 Lightning models equipped with the standard range battery are getting a bit of a range boost – from 230 miles to 240 miles. The EV pickup is also getting a new feature dubbed Pro Trailer Hitch Assist, which automatically controls steering, throttle, and brake inputs to make hitching trailers easier. Pro Trailer Hitch Assist is standard on the Tow Technology Package, which is available on Pro, XLT, and Lariat trims, as well as standard on certain Lariat trims and the Platinum. A new, police-focused SSV variant is also available, while an Android-based infotainment system will debut in the 2023 Lightning as well.
2023 Ford F-150 Lightning order banks are now set to open this Thursday, August 11th – a couple of days later than previously expected – with production beginning on October 10th, 2022.