The Ford Mustang Mach-E has been in a constant state of flux in the burgeoning, ultra-competitive EV crossover market, receiving multiple rounds of price increases until improving commodities costs led to a drop earlier this year. However, the Tesla Model Y – the Mach-E’s chief competitor – still has a massive price advantage on its Blue Oval counterpart, while order banks for the latter recently closed temporarily as the automaker works to ramp up production. Now, FoMoCo has not only dropped the price of the 2023 Ford Mustang Mach-E again, but it’s also offering a new lithium-iron phosphate battery for the crossover and reopening order banks for its EV crossover.
| Model/Options | 2023 Ford Mustang Mach-E Price – May 2 | 2022 Ford Mustang Mach-E Price – May 1 | + / – May 1 Price |
|---|---|---|---|
| Select RWD Standard Range | $42,995 | $45,995 | $-3000 |
| Select AWD Standard Range | $45,995 | $48,995 | $-3000 |
| California Route 1 AWD Extended Range | $56,995 | $57,995 | $-1000 |
| Premium RWD Standard Range | $46,995 | $50,995 | $-4000 |
| Premium AWD Standard Range | $49,995 | $53,995 | $-4000 |
| GT AWD Standard Range | $59,995 | $63,995 | $-4000 |
| Extended Range Battery For Premium RWD | $7,000 | $7,000 | $0 |
| GT Performance Edition Package | $5,000 | $6,000 | $-1000 |
| BlueCruise 1.2 | $2,100 | $1,900 | +$200 |
This latest round of price cuts ranges from $1,000 for the California Route 1 to as much as $4,000 for the Premium AWD Standard Range model and the regular GT, with only the Premium AWD Extended Range being left out of this new series of discounts. It is worth noting that the newly released BlueCruise 1.2 is $200 more expensive than its predecessor, however.
Back in February, Ford Authority reported that standard range versions of the Mach-E were set to switch to lithium-iron phosphate batteries with range numbers that are similar to the existing units, and that has also come to fruition. All standard range 2023 Ford Mustang Mach-E models are now indeed equipped with LFP packs, which adds 45 horsepower to eAWD models while also cutting DC fast charging speeds, enabling these vehicles to charge to 100 percent without battery degradation, and it’s adding more range to boot – with newly targeted EPA-estimated figures of 250 miles for RWD and 226 miles for eAWD.
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.
Comments
WTF!!! I just bought the Ford Mach e Select for $3000 more two weeks ago!!! Will Ford reimburse or at least compensate those of us who overpaid for a car that just lost $3000 plus right out the door?!
Would you send ford a check if they raise the price in two weeks?
I love Fords enthusiasm but if Ford can’t control the stealership markups. It doesn’t matter how many price cuts the Mach-E or any other models gets if the stealerships adjust for the cut with markups.
These EV’s are still a waste of customer money if you expect a reliable car with 400 miles of range without recharging !!!!!!
Dealers are going to bankrupt Ford Model E before it gets started with markups. Ford needs to offer 1.9% financing on Mach E to help with the price disparity with Tesla. Many folks prefer the looks of the Mach E over Tesla , but the value proposition is overwhelming in favor of Tesla.