Ford Authority

2023 Ford F-150 Lightning Pro Gets Second Price Increase

More details regarding the 2023 Ford F-150 Lightning came to light in August, and perhaps the biggest news pertained to the electric pickup’s price point, which increased substantially over the 2022 model year for the entire lineup. Now, the F-150 Lightning has been subjected to yet another notable price increase, this time applicable to the entry level Pro model.

2023 Ford F-150 Lightning

2023 Ford F-150 Lightning Price Changes
2023 Ford F-150 Lightning Price – October 5 2023 Ford F-150 Lightning Price – October 4 + / – October 4 Price
Pro $51,974 $46,974 +$5000
XLT $59,474 $59,474 $0
XLT High $68,474 $68,474 $0
XLT High Extended Range $80,974 $80,974 $0
Lariat $74,474 $74,474 $0
Lariat Extended Range $85,974 $85,974 $0
Platinum $96,874 $96,874 $0

The 2023 F-150 Lightning Pro is now $5,000 more expensive, bringing its starting price point up from $46,974 to $51,974. This is in addition to the $7,000 price increase already applied in August 2022. Prior to that, the pickup’s starting price point was $39,974, meaning that the F-150 Lightning Pro costs essentially $12,000 more than it did for the 2022 model year.

2023 Ford F-150 Lightning

It’s worth noting that order banks closed for the 2023 F-150 Lightning Pro with the Extended Range battery, which is a fleet-only option. Order banks for the Ford F-150 Lightning just opened on August 9th, but The Blue Oval has to deal with a substantial backlog of orders from the pickup’s first model year that have yet to be fulfilled. As Ford Authority previously reported, current Ford F-150 Lightning Pro production accounts for 20 percent of the total mix.

The Ford F-150 Lightning is not the only vehicle in The Blue Oval’s lineup to receive a substantial price increase as of late. The 2023 Ford Mustang Mach-E is also significantly more expensive depending on trim level, with the California Route 1 AWD Extended Range variant receiving an additional $8,100 to its starting costs, which is now $63,575. Even the base Mustang Mach-E Select RWD Standard Range variant received a price increase of $3,000, and interested customers can expect to shell out at least $46,895 for the electric crossover. In both cases, Ford cited EV battery raw material cost increases as the primary reason why it was forced to hike the MSRP on the Mach-E and the Lightning.

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Alexandra is a Colorado-based journalist with a passion for all things involving horsepower, be it automotive or equestrian.

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  1. Austin

    Yup. Electric is the wave of the future. Hope you can afford it.

  2. Dale

    The big three keep raising prices because they can! Jump on the bandwagon and raise prices! But $5000, really. The economy is bad and will get worse. When people stop buying vehicles these greedy car makers will suffer. Ford and GM are the biggest abusers!

    1. Robert.Walter

      When people stop buying them then prices will adjust downward. Same for when there is adequate supply and price competition in this segment.

      I bet that elsewhere you are preaching the benefits of a market economy.

  3. Kirk

    Keep it up Ford, the model T the Lightning is not. People need the affordability to make it happen.
    Now, China is making their batteries! No wonder the price is going up. China has, right now, 300 companies (TheWeek) making EV’s. The $7500 USA tax savings goes down to $4000 when China makes anything. This could really wind up bad for us and for Ford……..

  4. Robert.Walter

    Such nonsense.

    It’s early days. No future state plan worth its salt was ever the same as the current state.

    Ford has massive battery plants under construction in KY/TN.

    In the meantime Ford has to go where the supply is. It has multiple contracts across multiple locations and suppliers and chemistries in order to diversify its options and speed it’s risk.

    And as for those 300 companies making EV’s some exist on paper and will disappear, some have low volume production, some of the vehicles wouldn’t be of a class to be certified on American roads but some are making high volume US adaptable vehicles and they are learning and perfecting.

    Isn’t it time we support domestic OEMs that are rushing to do the same thing?


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