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Ford is offering big EV discounts to close out the year

To close out the year strong, Ford is offering more ways to save on its electric vehicles. Ford introduced a new year-end sales event with significant discounts on its top-selling EV models, the F-150 Lightning and Mustang Mach-E. Here’s how you can score some savings.

Ford increases discounts on EV models to close out 2024

With several discount programs, Ford is making it easier than ever to go electric. The company launched its new year-end sales event on Friday, boosting discounts on 2024 Lightning and Mach-E models.

Ford’s new promotion offers 0% financing for 72 months and $5,000 in Bonus Cash. In addition, you get a free EV charger, and Ford is covering the cost of standard installation.

On October 1, Ford introduced its new “Power Promise” program. The initiative is designed to show buyers the true benefits of driving an EV, like waking up with a fully charged vehicle every morning.

All new EV buyers get a free Level 2 home charger with no standard installation fees. To sweeten the deal, Ford is also offering free 24/7 live support and an 8-year/ 100,000-mile battery warranty.

Ford-EV-discounts
2024 Ford F-150 Lightning Platinum Black (Source: Ford)

If you choose to lease, the savings can be even bigger. Ford is offering up to $10,500 ($7,500 EV Red Carpet Lease + $3,000 bonus cash) in lease cash on the 2024 Mustang Mach-E. And don’t worry, you also get the free home charger with installation as part of the Ford Power Promise.

When leasing, the 2024 Ford F-150 Lightning is eligible for up to $6,500 ($3,500 Red Carpet Lease + $3,000 bonus cash).

2024 Ford F-150 Lightning trimStarting PriceRange
(EPA-est miles)
XLT$62,995240
Flash$67,995320
Lariat$76,995320
Platinum$84,995300
Platinum Black$92,995300
Updated 2024 Ford F-150 Lightning price and range by trim (*not including $2,095 destination fee)

Ford is opening up its sales network with nearly 3,000 dealers across the US now able to support new EV customers.

With another 6,264 electric models sold in October, Ford’s EV sales in the US reached nearly 74,000 through the first ten months of the year, up 38% from 2023.

2024 Mustang Mach-E trimRangeStarting Price
Mustang Mach-E Select250 mi$39,995
Mustang Mach-E Premium320 mi$43,995
Mustang Mach-E GT280 mi$53,995
Mustang Mach-E Rally265 mi$59,995
2024 Mustang Mach-E price and range by trim (*not including destination fee)

Ford has sold nearly 39,000 Mustang Mach-Es, up 23% YOY, and over 24,600 F-150 Lightning models in the US this year. The Mach-E is the second best-selling electric SUV in the US, while the Lightning is the second best-selling EV pickup, behind the Tesla Model Y and Cybertruck.

Ready to take advantage of the savings? We can help you get started. You can use our links below to find the best deals on the Ford F-150 Lightning and Mustang Mach-E in your area.

FTC: We use income earning auto affiliate links. More.

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Avatar for Peter Johnson Peter Johnson

Peter Johnson is covering the auto industry’s step-by-step transformation to electric vehicles. He is an experienced investor, financial writer, and EV enthusiast. His enthusiasm for electric vehicles, primarily Tesla, is a significant reason he pursued a career in investments. If he isn’t telling you about his latest 10K findings, you can find him enjoying the outdoors or exercising

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