Ford F-150 Lightning Lease Worth Hits A Document Low

• 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 might have multiple approach to drive residence an F-150 Lightning with out breaking the financial institution.

If you happen to assume electrical vans 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 persistently 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 Customary Vary for simply $339 per thirty days for 36 months, with $6,629 due at signing, in line with Ford’s web site. Which means Ford has halved the lease costs from final month when the F-150 Lightning value over $700 per thirty 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 thirty days to lease. (Though it is downpayment is way decrease, however you get the purpose, proper?) It is price noting that lease costs differ regionally and you will have to enter your zip code to seek out extra correct choices. 

The XLT Customary Vary has an MSRP of $63,000 earlier than incentives, taxes and costs. 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. 

After all, you may lease larger trim ranges and the Prolonged Vary battery pack with 320 miles of EPA-estimated vary, however these will value extra. It is best to examine 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 Stage 2 residence charger and customary set up once you purchase or lease a Mach-E or a Lightning, in order that makes this provide much more particular. The free chargers can be found via 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 hundreds of {dollars}, relying in your location. Plus 80% of EV charging occurs at residence, in line with the U.S. Division of Vitality, so it is smart when EVs are bundled with chargers identical to our computer systems.

Nevertheless, to make the most of the lease provide, you will have to make a transfer earlier than the top of the 12 months. Consumers have till Jan. 1, 2025, to take supply from a certified vendor’s stock.

Ford dealerships have been struggling to get these off the tons, which probably 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 Car Middle in Michigan the place the truck is manufactured.

Bear in mind, this is similar EV that was, till just lately, the best-selling electrical truck within the U.S. Now, nonetheless, it is going through rising competitors from the Tesla Cybertruck, which has grow to be America’s top-selling electrical truck and the third best-selling EV total.

Nonetheless, the F-150 Lightning has earned rave evaluations 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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