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 fee is now decrease than the hybrid Maverick.
• There’s additionally a 0% APR financing possibility, so you could have a couple of approach to drive residence an F-150 Lightning with out breaking the financial institution.

In case you suppose electrical vans are exorbitant and unobtainable, properly… suppose 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 listing. 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 Customary Vary for simply $339 monthly 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 price over $700 monthly to lease. 

It now prices virtually the identical because the Mustang Mach-E to lease and its month-to-month fee is even decrease than the hybrid Maverick, which prices about $400 monthly to lease. (Though it is downpayment is way decrease, however you get the purpose, proper?) It is price noting that lease costs range regionally and you could have to enter your zip code to search out extra correct choices. 

The XLT Customary 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 normal all-wheel drive and a mixed output of 452 horsepower and 775 pound-feet of torque. 

After all, you possibly can lease increased trim ranges and the Prolonged Vary battery pack with 320 miles of EPA-estimated vary, however these will price extra. It is best to examine together 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 normal set up once 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 similar complimentary charging program Ford introduced again in September to handle charging anxieties, that are an enormous barrier to broader EV adoption. Residence chargers with set up can price hundreds of {dollars}, relying in your location. Plus 80% of EV charging occurs at residence, in response to the U.S. Division of Vitality, so it is sensible when EVs are bundled with chargers identical to our computer systems.

Nevertheless, to benefit from the lease provide, you could have to make a transfer earlier than the tip of the yr. Patrons 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 doubtless 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 Car Heart in Michigan the place the truck is manufactured.

Bear in mind, this is similar EV that was, till lately, the best-selling electrical truck within the U.S. Now, nonetheless, it is dealing with rising competitors from the Tesla Cybertruck, which has develop into America’s top-selling electrical truck and the third best-selling EV total.

Nonetheless, the F-150 Lightning has earned rave opinions and isn’t precisely struggling—its gross sales have 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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