In an effort to increase ownership of the Mustang Mach-E, Ford has announced substantial price reductions for this electric SUV lineup. Potential buyers will see a significant dip in the MSRP for all trim levels, combined with enticing financial options such as a 0% APR for a 72-month loan or up to $7,500 in lease credits on the “Red Carpet” lease program. Note, however, that these rebates are applicable exclusively to the remaining stock of the 2023 model year.
“As part of our ongoing efforts, for MY23 models we’re adapting our pricing to stay competitive and deliver excellent value to our customers,” stated Ford representative Martin Günsberg to The Drive.
Ford
The degree of the price reduction differs among models. The entry-level Mach E Select with rear-wheel drive now sports a $3,100 discount, lowering the cost from $44,795 to $41,695, with the destination fee counted in. The steepest price cuts, at $8,100 off, are for the Mach-E Premium Extended Range (both RWD and AWD) and the California Route 1 AWD version.
Model | Former MSRP | New MSRP | Discount |
Select RWD | $44,795 | $41,695 | $3,100 |
For those considering the Mach-E Select RWD lease, the MSRP post-incentive is $34,195. You’ll get a rear-mounted motor generating 266 horsepower and a battery capacity of 72 kWh (usable). A remarkable aspect is the Premium RWD model is now priced similarly to Select AWD model, allowing customers to opt for more premium interior features without additional cost over AWD.
Ford
This offer is limited to the 2023 models, therefore, interested parties will need to explore their local dealers for the pertinent inventory. Since these are direct MSRP adjustments and not contingent discounts requiring special qualifications, the buyer’s savings are immediate upon selecting an eligible Mustang Mach-E.
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FAQs about 2023 Ford Mustang Mach-E Price Reductions
- Is the price reduction available for all Ford Mustang Mach-E models?
Yes, the price cut is applicable across all trim levels of the 2023 Mustang Mach-E. - What is the range of discounts being offered?
The discounts vary from $3,100 to $8,100, depending on the model and the trim level. - Do I need to qualify for the discounts?
No, the MSRP reductions are applied directly without the need for any specific qualifications. - Can I still finance the Mustang Mach-E?
Yes, Ford is offering 0% APR financing for 72 months along with the price reductions. - Are there any incentives for leasing?
There is a “Red Carpet” $7,500 lease incentive for those who wish to lease the Mach-E.
Conclusion
The announcement by Ford to reduce the MSRP across the 2023 Mustang Mach-E lineup presents an excellent opportunity for electric vehicle enthusiasts to join the growing community of eco-conscious drivers. With significant price reductions and financial incentives, Ford is positioning the Mach-E as an even more attractive option for those seeking a blend of performance, utility, and sustainability. However, as the price cuts only apply to the leftover stock of the 2023 model year, interested buyers should act swiftly to take advantage of the offers. With these reductions, Ford aims to both stimulate sales and enhance value for consumers, reaffirming their commitment to the EV market.