During February 2023, The Blue Oval is not offering any sort of Ford F-150 Lightning discount or incentive toward the purchase or lease of the all-electric pickup.
This trend isn’t exactly shocking, as FoMoCo has not yet offered a significant Ford F-150 Lightning discount thus far. Customers interested in leasing the EV pickup can expect to pay as much as $816 per month on top of the $6,603 down payment for the base Pro trim, while the range-topping Platinum trim can run as much as $1,531 per month plus the $11,408 down payment.
It’s important to note that while Ford itself isn’t offering a Ford F-150 Lightning discount this month, certain models do qualify for the $7,500 Federal EV tax credit as long as the overall price of the EV pickup does not exceed $80,000. However, customers who choose to lease instead of purchase are not eligible for the aforementioned tax credit.
Ford Authority has been keeping an eye on the price of the Ford F-150 Lightning, which seems to be trending higher and higher thanks to high demand for the EV pickup. The F-150 Lightning MSRP increased in August 2022 and again in October. In fact, current pricing is approximately 40 percent higher than it was upon the pickup’s launch in 2022. This is likely due to increased demand among limited supply at the dealer level, discouraging the automaker from offering a Ford F-150 Lightning discount, as customers will likely purchase it no matter the price point. Increasing commodity costs related to the Lightning’s batteries are another reason why pricing has skyrocketed since its arrival in 2022. Recent issues with production indicate that supply may continue to be extremely limited in the near term as well.
Ford F-150 Lightning Pricing
For reference, here are the applicable 2023 F-150 Lightning trim levels and their corresponding starting MSRPs, including the $1,795 destination charge:
- Pro – $59,014
- XLT – $66,514
- Lariat – $77,514
- Platinum – $98,964
We strive to provide accurate and up-to-date information about the vehicles and their incentives in question, but errors and misprints can happen. In addition, the manufacturer can change incentive information at any time and without notice. Always consult with your dealer regarding color availability information before making purchase decisions. Ford Authority will not be held responsible for any misprints, typos or any other errors.
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