Mind you, the Platinum does not qualify for the $7,500 tax credit because its starting MSRP of $91,995 exceeds the Inflation Reduction Act price cap of $80,000 for SUVs, trucks, and vans.<\/p>\n
The sweetest deal is for the F-150 Lightning Lariat, which also comes with a $7,500 purchase discount but only $5,000 for leasing. Since the Lariat starts at $69,995, eligible customers can save a total of up to $15,000 including the $7,500 tax credit, leading to an effective price of around $55,000 after savings.<\/p>\n
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Ford also offers a $1,500 incentive for the F-150 Lightning XLT for purchasing or leasing. The base F-150 Lightning Pro is the only trim level that gets no discounts whatsoever.<\/p>\n
The discounts have been introduced just as Ford is in the midst of increasing F-150 Lightning production at the Rouge Electric Vehicle Center in Dearborn, Michigan. The company said it plans to reach an annualized production rate of 150,000 electric trucks this fall.<\/p>\n
However, F-150 Lightning sales aren’t going great, with Ford delivering 3,503 electric pickups to customers in the third quarter, down 45 percent from last year.<\/p>\n
Earlier this month, Ford canceled some dealer stock orders for the 2023 F-150 Lightning, motivated by “additional quality checks” that needed to be performed. Customer orders had not been canceled, the automaker added.<\/p>\n
Ford did not disclose the nature of the quality issues that were identified on 2023 F-150 Lightning trucks, but a company spokesman said they were not safety-related.<\/p>\n
The automaker resumed F-150 Lightning production on August 1 after a six-week shutdown to expand and retool the facility in order to triple manufacturing capacity.<\/p>\n
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