In an effort to combat the declining demand for electric vehicles, Ford is using every financial tool at its disposal to get F-150 Lightning and Mustang Mach-E vehicles off the lot during its “End-of-Year Sales Event.” In addition to those discounts, prospective customers will get a Level 2 charger for free.
In a unique step during the post-pandemic time of rising loan rates, a 2024 Mustang Mach-E may now be financed for 72 months with 0% APR. Ford will reduce the cars’ sticker price by $5,000 in order to sweeten the bargain. Only the XLT and Platinum trims of the 2024 F-150 Lightning are eligible for the $5,000 discount and 0% APR.
Ford is offering a total discount of $10,500 on the Mustang Mach-E by including $3,000 in extra cash on top of the $7,500 EV leasing tax credit. Lease arrangements are also a great price. All trim levels of the F-150 Lightning receive $6,500, which includes $3,500 in lease cash and $3,000 in bonus cash. Given that electric automobiles lose value more quickly than gasoline-powered ones, this may be the better course of action. Regardless of your budget, Ford still comes with a home charger.
Deal breakdown
Ford Mustang Mach-E 2024
As part of the Ford Power Promise, financing is available at zero percent for 72 months with $5,000 in bonus cash, a free charger, and installation.
Leasing: Ford Power Promise includes a complimentary charger, installation, and $7,500 in electric vehicle red carpet lease cash plus $3,000 in bonus cash.
Ford F-150 Lightning 2024
As part of the Ford Power Promise, financing is available at zero percent for 72 months with $5,000 in bonus cash applied to Lightning XLT and Platinum models, along with a complimentary charger and installation.
Leasing: As part of the Ford Power Promise, $7,500 in Red Carpet Lease Cash for Electric Vehicles plus $3,000 in Bonus Cash, as well as a complimentary charger and installation.
Concluding remarks
Ford has taken measures to guarantee a more seamless process when it comes to handling charge anxiety since the introduction of the Ford Power Promise. To enable Ford EV owners to charge at home, part of that entails removing the financial burden associated with installation.
It’s difficult to resist these offers for a new EV when you know it’s got your back. Since infrastructure for electric charging is still lacking, an easier-to-live-with solution is the best option.