The base price of the Ford F-150 Lightning increased again, now over $60,000
On Thursday, Ford once again raised the price of the base F-150 Lightning Pro.
Latest adjustment, added mark made in decemberadds $4,000 to the base version of the all-electric F-150—meaning that now adds up to $61,869 including the $1,895 mandatory destination fee.
This is the fourth major price increase for the all-electric F-150, less than a year since deliveries began. It then costs $41,669, so the current truck represents a nearly 50% increase without any significant extra feature content since—even though it Driving range has been enhanced.
The latest price hike has added $1,500 to the price of the F-150 Lightning Lariat Standard Range and $1,200 for the F-150 Lightning Platinum, currently at $77,869 and $99,969 respectively.
Ford F-150 Lightning 2023
Ford attributes “current materials costs, market factors and supply chain constraints” to the latest price hike.
The basic F-150 Pro is not the version that the public can currently buy. According to Ford, it is still sold out to retail customers because it is processing a backlog of orders. The automaker said it plans to open retail orders again in late spring, as production ramps up to the company’s goal of 150,000 units a year.
Ford CEO Jim Farley predicts a electric car price war and industry consolidation due to low electric vehicle margins—and more recently Discount on Mustang Mach-E. Ford hasn’t provided any updates for a while on the Lightning backlog, but if these price spikes are any indication, it’s a particularly sought-after product.