- Ford F-150 Lightning leases value has hit a brand new low.
- The electrical truck’s month-to-month cost is now decrease than the hybrid Maverick.
- There’s additionally a 0% APR financing possibility, so you’ve a couple of method to drive house an F-150 Lightning with out breaking the financial institution.
When you assume electrical vehicles are exorbitant and unobtainable, nicely… assume once more.
Positive, the perfect lease and financing offers are principally for crossovers and mid-size SUVs. The Nissan Ariya and Hyundai Ioniq 5 have constantly topped that checklist. However Ford simply dropped a bombshell of a lease deal on the F-150 Lightning and it now prices lower than your wildest guess.
Now you can lease a 2024 F-150 Lightning XLT Normal Vary for simply $339 per 30 days for 36 months, with $6,629 due at signing, based on Ford’s web site. Meaning Ford has halved the lease costs from final month when the F-150 Lightning value over $700 per 30 days to lease.
It now prices nearly the identical because the Mustang Mach-E to lease and its month-to-month cost is even decrease than the hybrid Maverick, which prices about $400 per 30 days to lease. (Though it is downpayment is way decrease, however you get the purpose, proper?) It is price noting that lease costs range regionally and you’ll have to enter your zip code to search out extra correct choices.
The XLT Normal Vary has an MSRP of $63,000 earlier than incentives, taxes and charges. Its 98 kilowatt-hour battery delivers 240 miles of EPA-estimated vary. It comes with customary all-wheel drive and a mixed output of 452 horsepower and 775 pound-feet of torque.
In fact, you may lease increased trim ranges and the Prolonged Vary battery pack with 320 miles of EPA-estimated vary, however these will value extra. It is best to verify along with your nearest vendor for correct costs on these. And you may as well finance one for 0% APR for 60 months.
Ford can also be providing a complimentary Degree 2 house charger and customary set up once you purchase or lease a Mach-E or a Lightning, in order that makes this supply much more particular. The free chargers can be found by means of June 2025.
This is similar complimentary charging program Ford introduced again in September to deal with charging anxieties, that are an enormous barrier to broader EV adoption. Dwelling chargers with set up can value 1000’s of {dollars}, relying in your location. Plus 80% of EV charging occurs at house, based on the U.S. Division of Power, so it is sensible when EVs are bundled with chargers identical to our computer systems.
Nevertheless, to reap the benefits of the lease supply, you’ll have to make a transfer earlier than the tip of the yr. Patrons have till Jan. 1, 2025, to take supply from a certified vendor’s stock.
Ford dealerships have been struggling to get these off the heaps, which seemingly led Ford to halt its manufacturing for seven weeks beginning mid-November to January. Ford additionally beforehand scaled again its manufacturing targets and slashed two-thirds of the workforce on the Rouge Electrical Automobile Middle in Michigan the place the truck is manufactured.
Keep in mind, this is similar EV that was, till lately, the best-selling electrical truck within the U.S. Now, nevertheless, it is going through rising competitors from the Tesla Cybertruck, which has turn out to be America’s top-selling electrical truck and the third best-selling EV total.
Nonetheless, the F-150 Lightning has earned rave critiques and isn’t precisely struggling—its gross sales have been up 86% year-over-year within the third quarter. It’s simply that demand hasn’t matched Ford’s preliminary expectations.
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