Ford Authority

Ford Mustang Mach-E Lease Matches Maverick Hybrid Deal

With demand for all-electric vehicles falling behind expected levels of growth – even as The Blue Oval continues to enjoy significant sales increases – the automaker has also been rolling out a variety of incentives aimed specifically at the Ford Mustang Mach-E. That EV crossover is cheaper to lease and finance than ever, in fact, to the point where shoppers can actually save money leasing one versus several other ICE models in Ford’s lineup.

2024 Ford Mustang Mach-E GT Bronze Appearance Package - Exterior 001 - Front Three Quarters

That includes the regular Ford Mustang, which is currently over $100 per month more expensive to lease than a Ford Mustang Mach-E in base EcoBoost form. As Ford Authority reported last week, leftover 2023 Ford Mustang Mach-E models are now eligible for a 41 percent increase in RCL (Red Carpet Lease) Customer Cash, which is a type of manufacturer rebate reserved for leases. That means at a base price of $41,695 including destination charges, the 2023 Ford Mustang Mach-E has a lease price of as little as $29,945, or $392 per month for 36 months with $1,142 due at signing, which equates to an effective cost of $424 per month.

By comparison, one can also lease a Ford Maverick Hybrid XLT right now for $389 across 36 months with $3,289 due at signing, based on an MSRP of $27,910 – making for an effective cost of $380 a month, according to CarsDirect. Notably, that makes the Ford Mustang Mach-E Premium a better deal at the moment, as with a $48,890 MSRP, that model can be leased for $339 per month with $5,089 due at signing, which equates to an identical $380 a month – a far better deal given its much higher sticker price.

Ford Tatuí Development and Technology Center Brazil Mustang Mach-E - Exterior 001 - Rear Three Quarters

While one may have a harder time finding a leftover 2023 Ford Mustang Mach-E as inventory dwindles down, the 2024 model also has its fair share of deals worth considering, too. Those include RCL deals of $3,000 for those looking to lease a new Mach-E, or zero percent financing for as long as 60 months, to boot.

We’ll have more on the Mach-E soon, so be sure and subscribe to Ford Authority for more Mustang Mach-E news and comprehensive 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. Kary

    Part of it is the $7,500 credit all EV vehicle leases are entitled to. Also, is this comparing a 2023 to a 2024?

  2. Scott

    You need to check the math on effective monthly costs for Maverick and Mach E premium. Waaaay off.


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