Ford Authority

2023 Ford F-150 Lightning Lacks Compelling Lease Deals

As is typical with vehicles that are in short supply and facing high demand, the Ford F-150 Lightning hasn’t historically been available with many deals, having previously been excluded from the automaker’s Red Carpet lease discounts and promotional financing incentives when coupled with Ford’s Options Plan, though those purchasing the EV pickup can extend financing to 84 months to bring monthly payments down a bit. As for the 2023 Ford F-150 Lightning, that largely remains the same, according to Cars Direct – which makes leasing the EV pickup a pretty expensive endeavor.

A lack of lease deals means that the 2023 Ford F-150 Lightning costs anywhere from $706 to lease for 39 months with $6,133 down for the work-focused Pro model (with an MSRP of $54,269 and an 10,500 miles per year allowance) up to $1,701 per month for a Platinum-trimmed pickup with an MSRP of $98,219 and no money down.

What’s particularly notable for those trying to choose between leasing and financing a 2023 Ford F-150 Lightning is the fact that going with the former option means that customers won’t receive the current $7,500 tax credit. The Blue Oval doesn’t pass that savings down to lessees, though those opting to purchase the EV pickup or go with the automaker’s hybrid balloon financing Options Plan are eligible to receive that credit.

Making matters worse, the 2023 F-150 Lightning received some substantial price increases not just once, but twice already – in August and October, respectively. For its second model year, the EV pickup hasn’t received too many other changes – aside from ditching AM radio – while the automaker continues to send out invitations to convert orders for the F-150 Lightning in waves.

We’ll have more on the 2022 Ford 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 comprehensive 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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