Ford Once Again Raises F-150 Lightning's Price.Ford Raises F-150 Lightning Prices Yet Again.Ford F-150 Lightning Prices Rise by up to $8500.
Ford f150 lightning price pro#
The starting price of the base-level Pro has risen by $4000, from to $57,869 to $61,869. Since August 2022, Ford has now increased Lightning prices no less than four times, with the latest bump first reported by Automotive News. While there were several step increases in between then and now, it's an eye-opening difference nonetheless, especially given it all happened after one model year. Since the F-150 EV debuted for the 2022 model year, its base MSRP has risen by about $20K (from $41,769 to now $61,869).
When will Ford stop raising prices of the F-150 Lightning? At the rate things are going, the electric pickup truck will likely cost even more before we find out. They also said the company did it to address supply-chain issues as well as the current cost of materials and market factors.
Ford f150 lightning price update#
UPDATE : A Ford spokesperson confirmed to Car and Driver that prices have increased for the 2023 F-15o Lightning. Ford claims the rising prices are due to "current material costs, market factors, and supply-chain constraints.".When the electric F-150 debuted for the 2022 model year, the Pro started at $41,769-meaning its MSRP has risen by about $20,000 in one year.The 2023 Ford F-150 Lightning now starts at $61,869 for the base Pro model, a $4000 price hike, as first reported by Automotive News.The new Ford F-150 Lightning price might seem high, but it’s only gotten this high because Ford has good cause to believe people will buy it anyway. As an NPR article helpfully analyzed, inflation is caused by many things - and at the root of it all is our unwavering demand for goods regardless of what they cost. The underlying reason doesn’t really matter as long as the consumer still buys the product. Some might thus perceive that Ford, seeing that dealerships are able to throw massive markups on the Lightning, felt the vehicle had been underpriced. government says it does not account for all of the inflation and that corporations are using inflation as a cover for price gouging. Though it’s true that the cost of producing goods has risen, the U.S. The Ford Lightning’s price range is simply so wide that $5,000 could just seem like a drop in the bucket for those who can actually afford one.įord claims the price increase is a response to market factors, supply-chain limitations, and rising material costs. After all, the base model is still $7,500 more affordable than the next trim level and over $39,000 less than the Platinum. With this additional context, a $5,000 hike might not seem like much. The other models cost the same as they have since August: the XLT starts at $66,014 and goes up to $82,869 with the extended range battery the Lariat starts at $76,369 and the top-end Platinum at $97,819. While previous price changes affected every trim level, the most recent affects only the base trim.
This latest adjustment is different than those that came before, though. Ford has assured customers who are waiting for delivery that their price was locked in and will not be affected by the new one. The F-150 Lightning now costs $58,514 for its base model, a near-$5,000 hike compared to the previous adjustment made in August, and approaching $20,000 more than the price that was promised in mid-2021. Ford raised the price before the official launch - then raised it again, and again, and then one more time after reopening order banks.īudget Friendly: Find a vehicle under $20,000 Now, with the power of hindsight, it’s a downright bargain. When the Ford F-150 Lightning was first announced in May 2021, its starting MSRP of $39,974 seemed like a pretty good deal.
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