Ford F-150 Lightning Lease Worth Hits A Document Low

• Ford F-150 Lightning leases worth has hit a brand new low.
• The electrical truck’s month-to-month fee is now decrease than the hybrid Maverick.
• There’s additionally a 0% APR financing possibility, so you may have a couple of solution to drive residence an F-150 Lightning with out breaking the financial institution.

When you assume electrical vans are exorbitant and unobtainable, properly… assume once more.

Certain, one of the best lease and financing offers are principally for crossovers and mid-size SUVs. The Nissan Ariya and Hyundai Ioniq 5 have persistently topped that listing. 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 Commonplace 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 fee is even decrease than the hybrid Maverick, which prices about $400 per thirty days to lease. (Though the Maverick’s downpayment is way decrease, however you get the purpose, proper?) It is value noting that lease costs differ regionally and you will have to enter your zip code to seek out extra correct choices. 

The XLT Commonplace 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 commonplace 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 test 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 Degree 2 residence charger and commonplace set up while 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 by June 2025. 

This is identical complimentary charging program Ford introduced again in September to handle charging anxieties, that are an enormous barrier to broader EV adoption. House chargers with set up can value 1000’s 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 reap the benefits of the lease provide, you will have to make a transfer earlier than the top of the yr. Patrons have till Jan. 1, 2025, to take supply from a licensed vendor’s stock.

Ford dealerships have been struggling to get these off the tons, 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 identical EV that was, till lately, the best-selling electrical truck within the U.S. Now, nonetheless, it is dealing with rising competitors from the Tesla Cybertruck, which has develop into America’s top-selling electrical truck and the third best-selling EV total.

Nonetheless, the F-150 Lightning has earned rave critiques and isn’t precisely struggling—its gross sales had 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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