Ford F-150 Lightning Base Model Gets A Huge Price Increase
The 2023 Ford F-150 Lightning is getting more expensive, again. Ford’s electric truck has already been subject to several huge price increases this year, and today’s price revelations are more of the same.
This increase, however, affects only the base models, specifically the Pro and XLT 311A. Customers who have already placed orders that have yet to be delivered are unaffected. As a refresher, the Pro model is only for commercial fleet customers while the XLT 311A, which comes with the standard range battery pack, is for retail buyers. So, how much does each trim now cost?
The F-150 Lightning Pro now starts at $55,974, an increase from $51,974. The standard range XLT now begins at $63,474, up from $59,474. The least expensive XLT with the long-range battery pack starts at a hefty $81,000. For now, the rest of the lineup’s pricing remains unchanged.
Demand is so high the company’s original plan back in January to build just 15,000 F-150 Lightnings this year, 55,000 in 2023, and 80,000 in 2024 is out the window.
But all is not rosy for the Detroit, Michigan, automaker as it continues to navigate supply chain issues, parts shortages, and even more damning, rising raw material costs, just as other automakers such as Tesla and Rivian have.
Manufacturing costs have a trickle-down effect that ultimately reaches the retail level, and Ford is not immune to passing those costs down to you and me in the form of higher prices for its vehicles.
The good news for anybody with a previous order is that Ford will honor the price at which they placed their order. New orders for the 2023 model year Lightnings will be subject to the price increases detailed in this story.