Ford F-150 Lightning Lease Value Hits A File Low

• Ford F-150 Lightning leases worth 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 choice, so you’ve multiple solution to drive residence an F-150 Lightning with out breaking the financial institution.

When you suppose electrical vans are exorbitant and unobtainable, nicely… suppose once more.

Positive, the very best lease and financing offers are principally for crossovers and mid-size SUVs. The Nissan Ariya and Hyundai Ioniq 5 have constantly topped that record. 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 response to Ford’s web site. Meaning 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 virtually 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 much decrease, however you get the purpose, proper?) It is value noting that lease costs differ regionally and you could 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 charges. Its 98 kilowatt-hour battery delivers 240 miles of EPA-estimated vary. It comes with normal all-wheel drive and a mixed output of 452 horsepower and 775 pound-feet of torque. 

In fact, you’ll be able to 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 together with your nearest vendor for correct costs on these. And it’s also possible to finance one for 0% APR for 60 months.

Ford can also be providing a complimentary Stage 2 residence charger and normal set up if 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. Residence chargers with set up can value 1000’s of {dollars}, relying in your location. Plus 80% of EV charging occurs at residence, in response to the U.S. Division of Vitality, 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 could 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 possible 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 Heart in Michigan the place the truck is manufactured.

Bear in mind, this is similar EV that was, till not too long ago, the best-selling electrical truck within the U.S. Now, nevertheless, it is dealing with rising competitors from the Tesla Cybertruck, which has turn out to be America’s top-selling electrical truck and the third best-selling EV general.

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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