The Ford F-150 Lightning Electric Truck Has Another Price Increase | Daily News Byte

The Ford F-150 Lightning Electric Truck Has Another Price Increase

 | Daily News Byte

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  • After the price increase for Ford F-150 Lightning in August and again in October, Ford has raised the bar for entry again, this time to $58,514.
  • The price increase hits the more budget-oriented Pro and XLT trim levels, with the more expensive Lariat and Platinum trims not getting an increase. Destination charges have been raised by $100 in total.
  • Ford gave a statement on Car and Driver which says customers awaiting delivery on current orders are not affected by the increase. Adjusted prices began in the new retail order bank on December 15 and will be effective for the Q2 commercial order bank when it opens.

Looking back today, the original 2022 F-150 Lightning was a bargain at a starting price of $41,669. As it reopened order banks for its electrified pickup, Ford quietly raised the price of the 2023 model for the third time since August, raising the base price to $58,514. The new price reflects inflation of nearly $5000 since the last round of adjustments, and it pushes the needle out of reach for customers looking for a base electric truck.

Unlike the price hikes from August and October, which raised the price of every trim level, this latest hike only seriously affects the cheaper trim levels. Aside from a $100 increase in destination charges (which happened across the board), the top two trim levels are unaffected by the recent changes.

C/D’s the preferred model, the XLT, now starts at $66,014 when equipped with the standard battery range, while the XLT Extended Range moves up to $82,869. The more expensive Lariat and Platinum trims go up just a $100 destination charge increase, to $76,369, and $97,819 respectively.

ford f 150 lightning pickup in carrier

Ford

According to a statement from a Ford representative on Car and Driver, price increases are a common business practice due to rising material costs, market factors, and ongoing supply-chain constraints. The updated pricing took effect on December 15, when order banks reopened for retail customers. Commercial pricing will increase when Q2 order banks next open. This increase will not affect customers who have placed an order with the bank of a previous order and are still waiting for delivery.

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