Recently, it was announced that the popular Ford F-150 Lightning electric pickup would be one of the few vehicles to retain the full $7500 tax credit for 2024. The news was met with cheers all around, but it looks like good things don’t last long as it has not come to light, that Ford is going to hike the price of their popular electric pickup by a staggering $5000. This means that the F-150 Lightning will now cost $54,995 against its previous price tag of $49,995.
That’s not all, though, as the company has also decided to hike the price of the XLT by $10,000, taking its price to $64,995. Keep in mind that these prices do not include delivery charges and incentives.
Now, if you are a fan of the F-150 Lightning, and are open to buying the premium model, you will be glad to know that the price for the Platinum model, which boasts a 300-mile EPA estimated range, is dropping to $84,995 against its original price of $91,995. The Platinum Black model will be dropping to $92,995, which is a $5000 discount on its actual price.
The full range of price changes are as follows –
- Pro (240 mile EPA-estimated range): $5,000 increase from $49,995 to $54,995
- XLT 311 A (240 mile EPA-estimated range): $10,000 increase from $54,995 to $64,995
- Flash (320 mile EPA-estimated range): New “tech-forward” model with 300 miles of range for $73,495
- Lariat (320 mile EPA-estimated range): $2,000 increase from $77,495 to $79,495
- Platinum (300 mile EPA-estimated range): $7,000 price reduction from $91,995 to $84,995
- Platinum Black (300 mile EPA-estimated range): $5,000 price reduction from $97,995 to $92,995
