Introduction:
Ford F-150 Lightning pricing has seen significant fluctuations over the past few months, with prices changing multiple times in a short period. This unpredictability has left potential buyers unsure of what to expect when it comes to purchasing the electric truck. From initial price cuts to subsequent increases and further adjustments, understanding the current pricing landscape is crucial for anyone considering buying a Ford F-150 Lightning.
In July of the previous year, Ford announced price cuts on the 2023 F-150 Lightning, with reductions ranging from $6,079 to $9,979 across different trim levels. The Pro trim started at $51,990 after destination, the XLT at $56,990, the Lariat at $71,990, and the Platinum at $93,990. However, in October, prices mostly increased for the 2024 trucks, accompanied by a rise in destination fees.
Three months later, Automotive News reported new higher pricing for most 2024 F-150 Lightning trims. The Pro trim rose to $57,090, the XLT to $67,090, and the Lariat to $81,590, with changes in features like the removal of the Extended Range option for the XLT. Ford also introduced new trim levels, such as the Flash and Platinum Black, each with its own pricing structure.
Most recently, Cars Direct revealed a dealer bulletin outlining more price adjustments for the F-150 Lightning. The Pro and Platinum trims remained unchanged, while the XLT, Flash, and Lariat saw reductions in prices. This latest change has offered potential buyers a more affordable entry point to the electric truck.
The price adjustments were confirmed by an online forum post based on information in a Ford dealer video, providing some clarity amidst the pricing variations. However, the 2024 F-150 Lightning has yet to be uploaded to Ford’s retail website, complicating the purchasing process. With the 2023 models still available in dealerships, buyers have options to consider while navigating the price changes.
As buyers navigate the fluctuating prices of the Ford F-150 Lightning, conducting thorough research is essential to make an informed decision. With changes in standard equipment and the addition of new features like a heat pump on the 2024 models, understanding the differences between model years is crucial. For those who find current prices unfavorable, waiting for further adjustments may be the best course of action, given the recent pattern of changes in pricing.