Huge Price Drop: Get the 2023 F-150 Lightning XLT Extended Range for $2,100 Less!
Ford is resuming retail orders for the 2023 Ford F-150 Lightning electric pickup truck after dealing with production pauses and supply challenges.
The company plans to scale up production to 150,000 units by fall. Along with the reopening of orders, Ford has made price updates.
The Ford F-150 Lightning XLT with Extended Range battery now starts at $78,874, $2,100 cheaper. This adjustment allows the XLT long-range model to qualify for up to $7,500 in federal tax credits. The F-150 Lightning XLT Standard Range, priced at $64,474, is also eligible for the same incentives with a $1,000 increase in starting MSRP.
The F-150 Lightning Lariat with Standard Range battery also saw a $1,000 price hike but still qualifies for the $7,500 tax credit, starting at $76,974. The cheapest model, the F-150 Lightning Pro, remains sold out for the 2023 model year, maintaining a base price of $59,974.
The Lariat Extended Range and Platinum models don't qualify for the $7,500 tax credit. The Lariat Extended Range is priced at $85,974, exceeding the $80,000 cap, while the range-topping Platinum starts at $98,074.
Ford has increased 2023 Ford F-150 Lightning prices multiple times due to supply-chain constraints and shortages of semiconductors and other parts. The base F-150 Lightning Pro has experienced the most significant increase, around $20,000 since its introduction in 2022.
Source: Ford