Ford Mustang Mach-E Gets Up To $3000 Price Cut
The price has been cut to keep it competitive.
1. Ford has confirmed that their upcoming electric crossover will be receiving a price drop.
2. All models except for GT and Premium will start $1000 lower, and Premium trims will start $3000 lower.
3. The electric SUV market is getting crowded.
Good news if you were looking to buy a Ford Mustang Mach-E, they just got a significant price drop. As electric SUVs and Crossovers become an increasingly popular segment, Ford has cut $1000 dollars off all non-GT and Premium models, and a staggering $3000 off the Premium trim. This price drop is due to the abundance of electric automobile manufacturers hopping on the electric SUV/Crossover bandwagon, Tesla, Rivian, Polestar, Jaguar, Kia, Hyundai, Volkswagen and more already have electric SUVs and Crossovers in the making.
A Ford spokesperson said "We're adjusting Mustang Mach-E pricing to remain fully competitive in a segment that is seeing dynamic price changes."
Starting with the base Select trim, it drops $1000 to $43,995, the CA Route 1 is down $2000 to $50,900, the Premium trim is cut $3000 to $48,100, and the First Edition is now $1000 less, at $59,400.
What You Should Do With The Extra Money
In my opinion, the Mach-E is a great car, with an awful name - Ford Mach-E would have been just fine! But here's my advice, take the extra 1-3 grand and buy yourself a real mustang. 80's and 90's Mustangs can be found easily at this price point.
This price cut will assist the electric 'Stang in staying competitive, and who can argue with a price drop? Some Mach-E models will go on sale later this year with range ranging from 210-300 miles per charge. It will compete with the 2021 Volkswagen ID.4, which starts at $41,190, the Tesla Model Y that starts at $51,190, the Kia Niro EV that starts at $40,210, and the Hyundai Kona Electric that starts at $38,365.