2023 Ford F-150 Lightning price increases $7,000, tops out near $100,000

The 2023 Ford F-150 Lightning pickup truck receives its initially selling price raise due to the fact launching very last May well, and it can be a steep a single. Base Lightning Professional styles jump from $41,669 to $48,769, which include a $1,795 place cost, whilst best Platinum grades with an prolonged-range battery enhance $6,100 to $98,669, Ford disclosed Tuesday. 

Steep price tag increases have become commonplace for electrical cars this yr, with Rivian, Tesla, and Lucid bumping rates to cover product fees. Ford cited materials expenditures and “other aspects” in altering the Lightning’s MSRP when 2023 purchase guides open on Thursday. Ford also noted that reservation holders who put an order now but are nonetheless awaiting their vehicles would not be affected by the selling price improves. 

“Current purchase holders awaiting shipping and delivery are not impacted by these value changes,” Marin Gjaja, chief client officer, Product E, said in a assertion. “We’ve introduced pricing ahead of re-opening get banking institutions so our reservation holders can make an knowledgeable choice all around ordering a Lightning.”

Reservation holders who gained an invitation to purchase but decided to wait around because their preferred truck trim was not readily available will obtain a personal offer you, Ford suggests.

It seems like field information figured out from the blowback when Rivian announced a price raise for reservation holders of the R1T pickup truck. Two days following the backlash, Rivian honored the pre-price tag improve of $12,000. Approximately each automaker has greater prices throughout the model line for the 2023 design calendar year so far, but electric cars have found the most significant sticker shock. On June 1, Lucid raised rates by $15,000 for its Air luxury sedan, and Tesla followed with at least its seventh selling price hike considering the fact that 2020 throughout its EV lineup. 

The only automaker to buck the craze so far this yr was Chevy, which slashed prices of the 2023 Chevrolet Bolt electrical hatchback by approximately 20% to begin at $26,595. 

The 17.5% cost improve on the base Lightning Pro comes with an greater array from 230 miles to 240 miles with the regular 98-kwh battery pack. The base Professional is only bought to fleet prospects for now, having said that. The regular-vary battery can be had on the XLT for $61,269 (an increase of $6,600), and the Lariat for $76,269 ($7,100 a lot more). 

Products with the 131-kwh prolonged-range battery pack with a 320-mile range estimate also get a price tag enhance. The XLT Higher jumps $8,500 to $80,974, the Lariat to $85,974, and the Platinum extended vary tops the lineup with a $6,100 boost to $98,669. 

The 2023 F-150 Lightning can be equipped with Ford’s Professional Trailer Hitch Support that controls steering, braking, and throttle even though hitching up a trailer. A law enforcement-ready Distinctive Provider Car Deal was introduced at the close of July.  

Ordering for the marketed-out electrical pickup truck reopens Thursday.