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Ford has increased the price of the base F-150 Lightning. The electric pickup truck now starts at $56,000 – more than $15,000 over its original price.
When Ford announced pricing for the F-150 Lightning, it surprised many with a starting price of $40,000. It appears to be aimed at competing with the base price of Tesla’s Cybertruck that was announced a few years earlier.
However, the price did not last long.
In August, Ford raised the price of all models by $6,000 to $8,000.
Then again, just a few months ago in October, Ford raised the base price of the F-150 Lightning to $52,000 this time.
Today Ford once again decided to raise the base price of the F-150 Lightning. It now starts at $55,974, according to an update to its online configurator:
The base price of the Ford F-150 Lightning has increased by $16,000, or 40%, since the launch of the electric pickup truck.
We’ve reached out to Ford about the price increase and will provide an update if we receive a comment.
Interestingly, the prices of the other versions of the F-150 Lightning did not increase with this update. The cheapest way to get a Lightning with a longer-range extended battery pack is still the XLT, starting at $81,000.
The price hike on the base version comes as the automaker is expected to significantly increase production of the electric pickup truck in the new year.
Earlier this week, we reported Ford was adding a third shift at its Detroit assembly plant, where the F-150 Lightning electric pickup truck is made.
Through November, Ford has sold 13,258 Lightning pickups year-to-date, which isn’t as many as we’d expect in 2022, but the first year of production is always tough.
2023 should be an even bigger year for the Lightning. Ford has talked about making 150,000 electric pickup trucks next year.
You can check your local dealers’ Ford F-150 Lightning inventory to see if you can find a deal.
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