Just over a year ago, Ford announced the new F-150 Lightning EV for less than $40,000. The vehicle was so popular that pre-orders quickly sold out. Ford is now ready to reopen the ordering system and let buyers keep the new electric pickup, but it costs more than $39,974.
It shouldn’t surprise anyone, but Ford is raising the price of its electric pickup truck by more than $8,500. We have seen a similar move from Rivian, Tesla, Polestar and many others. Potential buyers can reserve the F-150 Lightning again beginning tomorrow, August 11, 2022.
According to Ford, “significant increases in material costs and other factors” mean that all trim levels of the F-150 Lightning EV are more expensive than before. And while select models are just $6,500 more than last year, others will set you back more than an extra $8,000.
However, we have good news. Ford confirmed that it would honor the original price for existing order holders. So if you already have a pending order, you will get a discounted truck.
For all others, the new prices are as detailed below.
New F-150 Lightning MSRPs
- Professional fit: $46,974 (previously $39,974)
- XLT setting: $59,474 (previously $52,974)
- XLT High Finish: $68,474 (previously $62,474)
- High Range/Ext XLT: $80,974 (previously $74,974)
- bow trim: $74,474 (previously $67,074)
- Lariat Extension Range: $85,974 (previously $77,074)
- Ext Platinum Rank: $96,874 (previously $92,670)
As you probably know, Ford has ambitious goals for the electric vehicle market. So far, things are going very well with the F-150 Lightning and the company plans to ramp up production to make nearly 600,000 units by 2023 to meet demand.
It’s not all bad news. Ford has a few extras up its sleeve for this new batch of orders, one of which could ease the pain of a price increase. Starting August 11, Ford’s F-150 Lightning now comes in two new color options: Avalanche Gray and Azura Grey. However, you will no longer be able to get the Atlas Blue, Ice Blue Silver, or Smoked Metallic options from the first batch.
Additionally, Ford is upgrading all orders to get Pro Trailer Hitch Assist technology, which is essentially self-driving to hitch a trailer. The software can automatically back up, turn and brake to perfectly center on a trailer hitch.
Finally, those who reserve a new F-150 Lightning starting Thursday can expect orders to start shipping in the fall. Get yours from the following link.
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