Thanks to high demand and short supply, incentives for the Ford Mustang Mach-E have historically been hard to come by, though in recent months, The Blue Oval has provided shoppers with a few enticing deals related to its EV crossover. For the month of June, that includes Red Carpet Lease Offers for select markets with terms that vary by geographical location, as well as a special 2.9 percent APR financing deal for 60 months through Ford Credit. However, the 2023 Ford Mustang Mach-E is also eligible for a “secret” inventory discount as well, according to a dealer incentive bulletin recently seen by Cars Direct.
The amount of this particular discount varies depending on trim, with 2023 Ford Mustang Mach-E Premium and California Route 1 models getting a $2,000 incentive, while Select and GT customers can nab a $3,000 discount. However, as one might imagine, there is a big catch to this particular deal – only 2023 Ford Mustang Mach-E models ordered before May 1st qualify, which means that it’s limited to vehicles that are already sitting on dealer lots.
Regardless, those that are able to take advantage of this inventory discount stand to benefit greatly, particularly since those that utilize the hybrid lease/finance Ford Options Plan to acquire an EV crossover can stack an additional $1,000 discount on top of the $3,000 offer. With either or both of these deals, an entry-level Mach-E can be had for less than a Tesla Model Y, which is typically $2,700 cheaper than its chief competitor.
As Cars Direct points out, this discount is likely being offered in response to improving inventory levels, which stood at a 112 days’ supply as of the beginning of June – more than double the average Blue Oval SUV or pickup. As Ford Authority reported last week, Mach-E production also increased by 15 percent in May, going from 11,858 units in April to 13,639 examples last month.