Ford Authority

2023 Ford F-150 Lightning Gets Substantial Lease Deal

With demand for all-electric vehicles falling behind expected levels as of late, The Blue Oval has been stuck with a bit of a predicament, largely thanks to leftover 2023 Ford F-150 Lightning inventory populating dealer lots. As such, the automaker has launched several new incentives aimed at moving older models, including a conquest deal specifically targeting existing Tesla owners. Now, those interested in leasing a 2023 Ford F-150 Lightning can do so at a pretty substantial discount as well, Marty Günsberg, head of communications for Ford’s Model e division, recently revealed to CarsDirect.

2023 Ford F-150 Lightning Dream Giveaway Sweepstakes - Exterior 001 - Front

This deal applies specifically to the 2023 Ford Lightning XLT Standard Range, which can now be leased for a mere $499 per month over 36 months with 10 percent down. That’s at least $200 cheaper than the previous best lease deal for the EV pickup, though it seems as if the deal hasn’t yet been widely advertised, nor is it present on some dealer sites. Günsberg noted that the automaker is “working through some website issues which has delayed the update online,” adding that “it’s live in store” at dealers, regardless.

Of course, it is worth noting that requiring 10 percent down does raise the effective monthly cost of such a deal. A 2023 Ford F-150 Lightning pickup with an MSRP of $56,990, destination and delivery included, would require a more substantial down payment of $5,699 with these terms, after all.

2024 Ford F-150 Lightning Flash - Exterior 003 - Rear Three Quarters

The 2024 Ford F-150 Lightning also just began shipping to dealers with a few notable updates, including lower prices, as Ford Authority recently reported. However, Ford’s efforts to spur sales via incentives have already paid off, as the F-150 Lightning surged by 80 percent in the first quarter of the year.

We’ll have more on the F-150 Lightning soon, so be sure and subscribe to Ford Authority for the latest Ford F-Series newsFord F-150 news, F-150 Lightning 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. Mf

    That’s still not really a great deal. The XLT Short Range isn’t that useful of a truck, and you’re still asking people to come out of pocket with like $6k up front.

    At least the XLT has the better screen, but it doesn’t have any of the other nice features.

    1. Ts

      It’s not a truck of course, but as a lease deal it’s not very good at $399 a month.Toyota on their EV SUV (From what heard is an ok vehicle) but it’s for a four-wheel drive it’s $199 a month with $2400 down and the residual is about 50% of the MSRP. And they have tons of inventory.

  2. Neal Gros

    Looks like the shmucks at Ford went along with Biden and his cronies and now getting stuck with EV’s.

    Gentleman…Smell the coffee didn’t anyone think about the infrastructure for these things? Or you believe in the lefts version of global warming?

    I’ve leased 7 Fords from the sport Trac to an F350 last. Now with greedy ass prices I’ll try somewhere more accommodating.

    I hate to say foreign but hey its better then getting ripped.

    I’ll wait for Trump and in the mean time buy a used something until you offer make sense vehicles.


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