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’ve a couple of option to drive residence an F-150 Lightning with out breaking the financial institution.

In case you assume electrical vans are exorbitant and unobtainable, nicely… assume once more.

Positive, one of the 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 Normal Vary for simply $339 per 30 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 30 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 30 days to lease. (Though the Maverick’s downpayment is much decrease, however you get the purpose, proper?) It is value noting that lease costs fluctuate regionally and you might have to enter your zip code to search out extra correct choices. 

The XLT Normal 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 may lease greater 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 supplier for correct costs on these. And you can too finance one for 0% APR for 60 months.

Ford can 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 via June 2025. 

This is identical 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 Power, so it is smart when EVs are bundled with chargers similar to our computer systems.

Nonetheless, to make the most of the lease provide, you might 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 supplier’s stock.

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

Bear in mind, this is identical 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 change into America’s top-selling electrical truck and the third best-selling EV general.

Nonetheless, the F-150 Lightning has earned rave evaluations 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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