Ford Authority

2023 Ford Mustang Mach-E Prices Increase Substantially

Earlier this month, we learned that Ford F-150 Lighting prices were increasing substantially for the 2023 model year – between $6,000 and $8,500, depending on trim. The automaker blamed this move on “significant material cost increases and other factors,” which are also primed to have an impact on 2023 Ford Mustang Mach-E pricing, as Michael Martinez of Automotive News has discovered. And just like the F-150 Lightning, the difference in pricing between the 2022 Mach-E and the 2023 model is rather substantial.

2023 Ford Mustang Mach-E Price Increases
2023 Ford Mustang Mach-E Price – August 25 2022 Ford Mustang Mach-E Price – August 25 + / – August 25 Price
Select RWD Standard Range $46,895 $43,895 +$3000
Select AWD Standard Range $49,595 $46,595 +$3000
California Route 1 AWD Extended Range $63,575 $55,475 +$8100
Premium RWD Standard Range $54,975 $49,100 +$5875
Premium AWD Standard Range $57,675 $51,800 +$5875
GT AWD Standard Range $69,895 $61,995 +$7900
Extended Range Battery For Premium RWD $8,600 $6,000 +$2600
Destination And Delivery $1,300 $1,100 +$200

Price increases for the 2023 Ford Mustang Mach-E range from $2,600 for the Premium RWD with the extended range battery all the way up to $8,100 for the California Route 1 AWD extended range model. With a $3,000 jump in price, the least expensive Mach-E – the Select RWD standard range – will now cost $46,895, while the most expensive version of the EV crossover – the Mach-E GT – starts out at $69,895, which is $7,900 more than the 2022 model year. Additionally, destination charges have increased by $200 to $1,300.

The 2023 Ford Mustang Mach-E is receiving a few updates for the new model year, including the addition of the all-new Nite Pony Package, which is available on both the extended-range Premium and GT Performance Edition and adds high-gloss black 19-inch wheels and a black pony front grille emblem for the Premium, as well as high-gloss black 20-inch wheels and a black GT badge for the GT Performance Edition. Both Mach-E Nite Pony Package models get black front and rear lower fascias, black front and rear door cladding, black mirror caps, and black wheel center caps with bright pony graphics. Customers can pair the package with any exterior color available in the Mach-E lineup, too.

Additionally, the 2023 Mustang Mach-E will be getting a lithium-iron phosphate (LFP) battery in place of its existing lithium-ion unit at some point in the model year, as Ford Authority reported earlier this month, though that feature apparently won’t be available at launch. Order banks for the 2023 Mach-E are scheduled to open up Tuesday, August 30th, so those interested in securing the now-pricier EV crossover will be able to do so soon.

We’ll have more on the Mach-E soon, so be sure and subscribe to Ford Authority for more Mustang Mach-E news and non-stop 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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  1. JimL

    The more prices increase, the happier I am to hang on to my low-mileage 2020 F-150, and to watch my 2019 Bullitt hold its value so well.

  2. Arcee

    Unless the accessibility and reliability of public charging stations improves substantially, EVs will slowly fade in to obscurity. They may be the “in thing” now, but they may come to a grinding halt in the next 5-10 years. Still way too many drawbacks to EVs to make them viable for a large majority of US drivers.

    1. Michael

      One of the drawbacks that is becoming glaringly apparent, is price ( because of outrageous price increases, sometimes multiple times a year ).

    2. JS

      Tell that to the state of California.

  3. Will

    Well for $8000.00 increase and gas selling at $3.65 where I live, I can buy almost 2200 gallons of fuel. My vehicle is a 2022 and gets about 30 mpg, I can drive 66000 miles on just the price increase alone. Figure in my vehicle was 20K less than the basic AWD Select, I am way ahead of the game.

  4. Jamie

    Electric cars are not going to go away. This momentum is unstoppable now, as all major countries and all major manufacturers have committed to it.

  5. Mark B

    Anything going down these days? Oh yes, petrol finally!

  6. Harold Martini

    I wanted to buy a 2022 Mach E but the greedy dealers with their markup’s over MSRP priced them out of my range. Now Ford is doing the same thing. I’m now forced to buy one of the Chinese or Vietnamese EV’s. Shame on you Ford!

  7. John

    I can’t see paying so much money for an electric old lady’s car.

  8. AJ

    The prices are going up because the amount of federal tax credits keep going up. So Ford, like many manufacturers, are sticking it to their customers by increase the sticker prices.


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