- FORD

Ford Mustang Mach-E Gets Up To $3000 Price Cut

The price has been cut to keep it competitive.

7w ago

1.6K

Key Points:

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.

Details

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."

Specific Pricing

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.

Conclusion

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.

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Comments (3)

  • Slightly disappointing that their original plan was to overcharge their customers!

      1 month ago
    • This likely just represents a recent price drop in batteries.

        1 month ago
  • Apparently this is to match with the Model Y (Tesla). Analysts are questioning whether Ford will make much, if any, profit with this move. Tesla, by comparison, is cutting it's manufacturing costs by the month and already makes a healthy profit on every car sold. Look at the bit about body castings towards the last third of this video: www.youtube.com/watch?v=l6T9xIeZTds

      1 month ago

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