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Ford Mustang Mach-E Discount Offers Up To $3,000 Off In February 2024

In February 2024, a Ford Mustang Mach-E discount offers up to $3,000 off plus low-interest financing, no payments for 90 days, and Ford Credit Red Carpet Lease deals, in select markets on the 2023 Ford Mustang Mach-E.

While buyers of the Mustang Mach-E were previously able to take advantage of a $3,750 Federal EV Tax Credit, the all-electric model lost its eligibility due to the implementation of new battery sourcing rules required by the U.S. Treasury that took effect on January 1st.

Yet, The Blue Oval has slashed prices on the 2023 Ford Mustang Mach-E lineup amid high inventory levels, with cuts ranging from $3,100 all the way up to $8,100, depending on trim. Furthermore, those price cuts also mean that the 2023 Ford Mustang Mach-E is now as cheap to lease as a Tesla Model Y, its chief rival. Finally,  the Mustang Mach-E is also now eligible for X-Plan pricing and new dealer rental programs.

Consequently, the sporty, all-electric Mustang-branded crossover may be the most affordable it’s ever been.

Up to $3,000 off plus low-interest financing, no payments for 90 days, and lease deals are offered on the 2023 Ford Mustang Mach-E, shown here in the Premium trim.

Ford Mustang Mach-E Incentives

Ford Edge discount offers vary by region in February 2024. Here are the most significant, observable offers toward the 2024 Ford Mustang Mach-E:

  • Miami:
    • Ford Credit Red Carpet Lease offer:
      • $375 per month for 36 months
      • $5,444 due at signing
      • Security deposit waived
      • Applies to 2024 Ford Mustang Mach-E Premium AWD Extended Battery
    • Retail offer:
      • 0 percent APR financing for 72 months
      • Requires Ford Credit Financing
      • Plus $3,000 Bonus Cash
      • Applies to 2024 Ford Mustang Mach-E
    • Retail offer:
      • No payments for 90 days
      • Requires Ford Credit Financing
      • Applies to 2024 Ford Mustang Mach-E
  • New York City:
    • Ford Credit Red Carpet Lease offer:
      • $399 per month for 36 months
      • $5,549 due at signing
      • Security deposit waived
      • For returning Ford lessees
      • Must take delivery from an authorized Ford dealer’s stock by February 29th, 2024
      • Applies to 2024 Ford Mustang Mach-E Premium AWD Ext. Range Battery
    • Retail offer:
      • 0 percent APR financing for 72 months
      • Requires Ford Credit Financing
      • Plus $1,000 Bonus Cash
      • Applies to 2024 Ford Mustang Mach-E Premium Extended Battery
    • Retail offer:
      • 0 percent APR financing for 72 months
      • Requires Ford Credit Financing
      • Plus $3,000 Bonus Cash
      • Applies to 2024 Ford Mustang Mach-E GT
    • Retail offer:
      • No payments for 90 days
      • Requires Ford Credit Financing
      • Applies to 2024 Ford Mustang Mach-E
  • Detroit:
    • Ford Credit Red Carpet Lease offer:
      • $499 per month for 36 months
      • $2,193 due at signing
      • Security deposit waived
      • Must take delivery from an authorized Ford dealer’s stock by February 29th, 2024
      • Applies to 2024 Ford Mustang Mach-E Premium AWD Extended Battery
    • Ford Credit Red Carpet Lease offer:
      • $489 per month for 36 months
      • $0 due at signing
      • Security deposit waived
      • For A/Z Plan customers
      • Must take delivery from an authorized Ford dealer’s stock by February 29th, 2024
      • Applies to 2024 Ford Mustang Mach-E Premium AWD Extended Battery
    • Retail offer:
      • 0 percent APR financing for 72 months
      • Requires Ford Credit Financing
      • Plus $3,000 Bonus Cash
      • Must take delivery from an authorized Ford dealer’s stock by February 29th, 2024
      • Applies to 2024 Ford Mustang Mach-E GT
    • Retail offer:
      • No payments for 90 days
      • Requires Ford Credit Financing
      • Applies to 2024 Ford Mustang Mach-E
  • Los Angeles:
    • Ford Credit Red Carpet Lease offer:
      • $399 per month for 39 months
      • $5,499 due at signing
      • Security deposit waived
      • Applies to 2024 Ford Mustang Mach-E Premium AWD
    • Retail offer:
      • 0 percent APR financing for 72 months
      • Requires Ford Credit Financing
      • Plus $3,000 Bonus Cash
      • Applies to 2024 Ford Mustang Mach-E GT
    • Retail offer:
      • 0 percent APR financing for 72 months
      • Requires Ford Credit Financing
      • Applies to 2024 Ford Mustang Mach-E Select Route 1
    • Retail offer:
      • 0 percent APR financing for 72 months
      • Requires Ford Credit Financing
      • Plus $1,000 Bonus Cash
      • Applies to 2024 Ford Mustang Mach-E Premium Ext. Range 4P
    • Retail offer:
      • $1,000 Cash Back
      • Applies to 2024 Ford Mustang Mach-E Premium 4P
    • Retail offer:
      • $3,000 Cash Back
      • Applies to 2024 Ford Mustang Mach-E GT
    • Retail offer:
      • No payments for 90 days
      • Requires Ford Credit Financing
      • Applies to 2024 Ford Mustang Mach-E

The aforementioned offers will remain valid through April 2nd, 2024, unless specified otherwise.

As a reminder, the above is not a comprehensive list of every Ford Mustang Mach-E incentive or discount in the U.S., and as such, we always recommend checking with your dealer to find out what offers and deals are available to you.

Mustang Mach-E Pricing

For reference, here are 2023 Mustang Mach-E trim levels and their corresponding starting MSRPs, including destination and acquisition fee:

  • Select – $44,440
  • Premium – $48,940
  • California Route 1 – $56,440
  • GT – $60,440

About Ford Mustang Mach-E

Notably, the Mustang Mach-E was among the top ten best selling EVs of 2023.

For 2024, the first-ever Mustang Mach-E Rally debuts as an off-road-capable EV, looking the part with a unique front fascia, fog lights, a hatch-mounted rear wing, stripes, and a black-painted roof.

The new Rally offers up more power than even the range-topping Mach-E GT Performance Edition, boasting 480 horsepower and 650 pound-feet of torque versus 480/634 for the latter, from a pair of electric motors. The Rally is made for unpaved roads filled with dirt and loose gravel. MagneRide shocks with specially-tuned springs keeps the body in check, which rides on top of a 0.8-inch suspension lift, and 19-inch wheels wrapped in Michelin CrossClimate2 all-season tires are complemented by 15.8-inch front brake rotors featuring Brembo calipers. Special shielding protects both motors, while a unique RallySport drive mode helps take advantage of those tweaks.

Maximum range for the Rally should come in at around 250 miles from the crossover’s battery pack, which offers up 91.0 kWh of usable capacity.

Meanwhile, 2024 Ford Mustang Mach-E GT debuts a new Bronze Appearance Package along with optional bronze wheels. However, the 2024 Mustang Mach-E Premium gets a new standard roof to replace the now-optional panoramic fixed-glass roof, and the lineup drops the California Route 1 trim.

The first-ever 2024 Ford Mustang Mach-E Rally off-road-capable EV

Disclaimers

  • Must take delivery from an authorized Ford dealer’s stock by April 2nd, 2024, unless specified otherwise.
  • See dealer for details.
  • Incentive for the United States of America, unless otherwise specified.
  • Some customers may not qualify for these discount offers.
  • Residency restrictions apply.
  • Ford discount offers might not be available with special finance, lease, and some other offers.

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 is not responsible for any omissions, misprints, or any other errors.

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