Ford Authority

Ford Mustang Mach-E Gets New Incentives For July

After both debuted to high demand and long wait lists, the Ford F-150 Lightning and Ford Mustang Mach-E have cooled off somewhat in recent months, a trend largely driven by rising prices and vastly improved supply buoyed by ramped up production of both models. The F-150 Lightning just received its first-ever factory rebate, in fact, which came days before The Blue Oval slashed pricing of its EV pickup across the board. Ford Mustang Mach-E prices also dropped back in early May, while the all-electric crossover became eligible for a $3k inventory discount just a couple of weeks ago. Now, the Mach-E is getting new incentives for July, according to a dealer bulletin recently seen by CarsDirect.

First – and perhaps most notably – Ford Mustang Mach-E 36-month lease rates have plunged all the way down from 2.2 percent to 0.05 percent for the base Select trim, though those rates have also decreased across the board. At the top end, the Mach-E GT gets a rate cut from 2.25 percent to 0.70 percent, though for now, it seems as if these deals are limited to customers in Boston, Philadelphia, Phoenix, New York, San Francisco, and Seattle.

Next up, we have the “First Month Payment RCL (Red Carpet Lease) Customer Cash” offer, which covers a Mach-E customer’s first payment, up to $800, depending on trim level. In select regions, customers can also take advantage of up to $500 in lease cash for most trims, though a lesser, $250 deal applies to the California Route 1, in particular, through the end of the month.

These deals represent a major turnaround for the Ford Mustang Mach-E, which wasn’t initially available with any sort of discount as demand for the EV crossover outstripped supply. Now, with supply improving and competition increasing, it seems as if those who have been holding off on leasing or purchasing a Mach-E will now be rewarded for their patience, as is usually the case with new models.

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.

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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  1. masb1955

    Simple formula for ALL Mach-E rebates: TOTAL cost of each trim level.

  2. Shane

    A vast majority don’t care for EVs. Consumer Reports even dropped the MachE due to poor quality.

  3. Jim Elsasser

    Genius CEO Farley decided to up production of the Mach e and cut back on better sellers like, oh I dont know, the Bronco maybe.
    Sit on your Mach e. Farley. And eat crow.

  4. wjtinfwb

    Not a lot of sympathy for any manufacturer, Toyota was the smart one choosing to develop their Hybrid strategy instead of full EVs. But as usual the Feds bamboozled the manufacturers dangling regulations like zero emissions by 2030 along with taxpayer cash to embrace EVs. But of course the government totally dropped the ball on EV infrastructure, making them nothing more than expensive toys. Gas prices, while still high have leveled off and consumers have built that into their budgets. But no one budgets for a 75k vehicle that can only go 300 miles at best befor taking a multi hour siesta to recharge. Congratulations to Toyota for seeing through Biden’s smoke and mirrors.

    1. KenMoo

      My experience is nothing close to what you describe and has been very positive. On a road trip in a $50K EV I can get another 200 miles in 20-25 minutes while stopping for a meal. Of course I live In California, love it here, and I believe fully in the science behind Anthropogenic Climate Change and hope the next generations can enjoy the wonders of our planet as I have.

  5. Rantr

    Hope these incentives are good. It’s still steep with the Ford A Plan

  6. Case

    Ford is still happy to collect the 7500 commercial tax credit on each lease, they’ll need to put more money on the hood to make it worthwhile.


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