Ford Raises F-150 Lightning Costs…Once more | The Each day Drive | Shopper Information® The Each day Drive

F-150 Lightning Platinum

For the third time since August, Ford is growing the value of its in style all-electric F-150 Lightning pickup. The 2023 model of the entry-level Professional trim will see its base worth inflate to $55,974. Quantity XLT fashions see their MSRPs rise to $63,474 and $80,974 for the standard- and extended-range batteries, respectively. These signify will increase of $4,000-$5,000 since October. The 2022 F-150 Lightning initially debuted at $41,769.

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Ford Raises F-150 Lightning Costs

Rouge Electric Vehicle Center The high-end Lariat and flagship Platinum grades are simply $100 costlier for 2023, however take note their costs have been already adjusted by as much as $8,500 between August and October 2022. Be aware that none of those figures embrace potential tax credit nor do they have in mind seller markups, which buyers have reported to be as excessive as $50,000.

In keeping with an announcement from Ford supplied to Automobile and Driver, the newest spherical of will increase is because of “ongoing supply-chain constraints, rising materials prices, and different market elements.” The corporate can be projecting to want a further $1 billion to cowl these provide bills. To be honest, Ford isn’t the one automaker to extend costs on EVs as rivals Common Motors, Lucid, Rivian, and Tesla have all just lately carried out so. Nevertheless, the truth that the Blue Oval model has carried out so thrice in lower than six months is considerably regarding.

Prospects with present orders have their pricing locked in. The will increase will solely have an effect on patrons who’ve positioned orders on or after December 15.

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CG Says:

We absolutely perceive that the hardships that each automakers and their suppliers have confronted over the past two-plus years. Supplies and general inflation are driving costs skyward, but when these firms will not be cautious, they may find yourself pricing shoppers out of the market. Demand for the Lightning stays robust for now, however we’ll should see how issues shake out within the coming months and years.

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