Following multiple rounds of price increases tied to the skyrocketing cost of raw materials, Ford Mustang Mach-E prices actually received some incentives and a significant cut back in February – at least for 2023 models, due to a substantial amount of leftover inventory sitting on dealer lots. These price cuts certainly did the trick, as Ford Mustang Mach-E weekly sales increased dramatically, going from around 300 units per week up to 1,000 and even as high as 1,800, nearly tripling the EV crossover’s market share, from 5.2 percent all the way up to 13.3 percent. However, it seems as if those discounts were short lived, as 2024 Ford Mustang Mach-E prices have increased across the board, according to a dealer bulletin seen by CarsDirect.
| Model/Options | 2024 Ford Mustang Mach-E Price – March 26 | 2023 Ford Mustang Mach-E Price – March 26 | + / – March Price |
|---|---|---|---|
| Select RWD Standard Range | $39,995 | $39,895 | +$100 |
| Select AWD Standard Range | $43,495 | $42,895 | +$600 |
| Select AWD Extended Range | $46,995 | - | $0 |
| Premium RWD Standard Range | $43,995 | $42,895 | +$1100 |
| Premium AWD Standard Range | $46,995 | $45,895 | +$1100 |
| Premium Extended Range RWD | $46,995 | - | $0 |
| Premium Extended Range AWD | $49,995 | $48,895 | +$1100 |
| GT | $53,995 | $52,395 | +$1600 |
| Rally | $59,995 | - | $0 |
It is worth noting that the 2023 pricing figures provided by CarsDirect are incorrect, though they’ve been updated here to provide an accurate look at how they’ve changed compared to the 2024 Ford Mustang Mach-E. In that regard, we can see that most trim levels have gotten more expensive, with increases ranging from $100 all the way up to $1,600. These prices don’t include destination and delivery charges, however, as it’s currently unclear if 2023’s figure of $1,800 has changed year-over-year.
The 2024 Ford Mustang Mach-E lineup is receiving some changes compared to the outgoing 2023 model to accompany these pricing updates, too. For starters, the Premium trim no longer comes with the Panoramic Fixed-Glass Roof as standard, since that feature is now an option. The EV crossover is getting bronze wheels and other features in that finish via the new Bronze Appearance Package, and is gaining the new Rally trim, though it’s also losing the California Route 1 model. As Ford Authority previously reported, order banks for select 2024 Mach-E trims opened up back in November, though that didn’t include the GT or Rally.
We’ll have more on the 2024 Ford Mustang Mach-E soon, so be sure and subscribe to Ford Authority for more Mustang Mach-E news and continuous Ford news coverage.
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