Ford F-150 Lightning Professional value raised once more, now $12,100 greater than in 2021

The Ford F-150 Lightning has already been given a value hike for the 2023 mannequin 12 months, on this case, making use of solely to base, fleet-oriented Lightning Professional fashions.

The bottom Lightning Professional now has a $51,974 base value, together with a $1,795 vacation spot cost, for the 2023 F-150 Lightning Professional. Ford initially priced the F-150 Lightning Professional at $39,974—or $41,669 with the $1,695 vacation spot price—for the 2022 mannequin 12 months.

So this represents a value enhance of practically 30%.

This follows a value enhance on the retail model of the Lightning for its sophomore mannequin 12 months. Ford in August introduced a $7,000 value hike for this mannequin, with value will increase of as much as $8,500 in sure configurations.

Ford stated, as a part of an announcement offered to Inexperienced Automotive Reviews, that the value hike is expounded to “ongoing provide chain constraints, rising materials prices and different market elements”

Gasoline autos that use a few of the similar supplies don’t get such value hikes, suggesting it has quite a bit to do with battery packs, and the corresponding provide chain. Ford hasn’t been the one one elevating costs on its EVs excess of its gasoline fashions. Among the largest latest value hikes have included EV specialists Tesla, Lucid, and Rivian. Tesla has raised costs a number of occasions over the previous 12 months, whereas Lucid and Rivian have introduced costs hikes even whereas maintaining unique pricing for reservation holders.

The value hike seems to serve a job primarily in setting the stage for 2024, and in giving sellers license to cost far more for any base Lightning Professionals that do find yourself on the lot. In a response to Inexperienced Automotive Reviews, Ford confirmed that the 2023 F-150 Lightning Professional is already offered out for retail prospects; whereas present retail order holders awaiting supply, or present business and authorities prospects with a scheduled order, will not be affected by this adjustment, those that have not superior to the order stage might want to pay the premium.

Ford introduced that it’ll finish EV markups and haggling with new supplier preparations that begin in January 2024, so this could be offering a runway to that.

We have discovered the F-150 Lightning to be one of many 12 months’s finest new autos. It revolutionizes the pickup truck with out affecting functionality, and brings electrification to what’s the US’ hottest car.

A police model of the Lightning Professional, known as the SSV, was introduced in July. It is unclear whether or not the identical value hikes utilized to the civilian Lightning Professional might be utilized to the cop model. However with the hike in costs, it is doubtless many fleets and municipalities might be revisiting their cost-of-ownership calculations.

—
With extra reporting by Bengt Halvorson