Base 2023 Ford F-150 Lightning Now Prices $10,000 Extra Than It Did At Launch After One other Worth Hike

Ford has introduced the second worth hike in two months on the F-150 Lightning Professional trim, the least costly mannequin it provides. The automaker cited rising materials prices and provide chain troubles for the rise.

A spokesperson confirmed to Automotive Information that the 2023 F-150 Lightning Professional will now begin at $53,769, together with the $1,795 transport payment. That marks a rise of $5,000 over the prevailing worth, which was the results of one other worth hike in August.

That improve got here as a part of an adjustment that affected the whole Ford lineup, and noticed the value of the F-150 Lightning Professional rise to $48,769 (together with transport). This worth hike, although, will solely have an effect on the electrical pickup truck, however it signifies that the entry degree trim prices $13,795 greater than the automaker marketed when it first launched the car in Could 2021.

Learn Additionally: Ford F-150 Lightning Positive factors 10 Miles Of Vary, However Pricing Jumps $7,000 To Start At $46,974

Ford was notably pleased with its car’s sub-$40,000 beginning worth. On the time, it boasted that sharing parts with its different vans meant that it may hold the brand new electrical F-150 Lightning’s low.

Ford is, nonetheless, removed from the one producer elevating its costs. Hardly a 2023 mannequin yr car has been spared inflation-related worth changes, however electrical automobiles specifically are feeling the pinch. Up to now this yr, Rivian, Lucid, and Tesla have all introduced worth hikes to their automobiles because of inflation, provide chain stress, and different elements.

Certainly, Ford admitted in September that commodity prices have eradicated the early income it was seeing on the Mustang Mach-E and different EVs. It additionally warned that its third-quarter earnings shall be affected by provider prices that had been increased than anticipated, in addition to a scarcity of components.

The F-150 Lightning Professional is powered by two motors that provide 436 hp (325 kW/442 PS) and 775 lb-ft (1,050 Nm) of torque, and it has a 2,000 lb (907 kg) payload capability and may tow as much as 7,700 lbs (3429 kg) with the Max Trailer Tow package deal. With the standard-range battery pack, it may possibly go as much as 240 miles (386 km) on a cost.