I’m looking at a 2023 F-150 Lightning Platinum and want some guidance on what a good/fair purchase offer would be.
I’ve been looking at leases, and have some good options already in the works - going back and forth with dealers via email. However I want to consider this vehicle in case it presents an attractive purchase option.
Since the lease promotions don’t apply, I would be limited to any purchase/financing promotions that Ford has. Those I can research on my own.
Some 2024 Lightnings were being leased here between 300-400/month, but they were under 80K and qualified for the tax credit.
Considering all variables, would it be acceptable to expect the dealer to get to around 500/month over let’s say 60 months?
I don’t want to send them over my expectations if they are completely unreasonable.
Happy to be pointed to any reading material and/or listen to any opinions from you all.
Please read carefully when people post up their deals. The deals people have posted up, also include rebates. Without rebates its hard to replicate their deals. Plus i notice your trim is platinum, most deals seen here are XLT.
I could have missed them, but I wasn’t able to find any purchase deals for a Lightning, much less above the 80K mark.
Therefore I’ve created a post.
If you have any deals in mind here on LH, feel free to point me in that direction. I am a beginner and eager to up my knowledge by leveraging other people’s experience & deals.
No worries No one is perfect, check out marketplace. Theres only very few brokers that deal with ford. Hopefully someone will chime in and can lead you to some deals that their offering. Goodluck
For leasing, the price of the car shouldn’t affect the rebate eligibility unless Ford has some weird rule.
I would strongly advise against buying any EV unless you get an insane deal and plan to drive the car into the ground. However, with that plan as it approaches the end of the battery warranty, the value will trend very low as nobody will want to pay out of pocket for battery replacement.
Ford announced they had to pause production of these cars due to waning demand. It all rolls downhill.
As @JMMZKDTH stated, MSRP of a car/truck has no bearing on whether or not a manufacturer chooses to pass through part or all of the EV credit in the form of lease cash or something similar. I’m not familiar with the Lightning programs, but if you really want to purchase for some reason, I would look into leasing it initially to capture whatever lease credit Ford has made available and then buy it out as soon as you’re able to online.
To add, you will be nowhere near $500/mo on a 60 month finance. I wouldn’t expect to be under $1300-1400 either.
For a 2023 Demo, still on the lot, with the back story of Lightnings stopping production, I would hope for a very large discount.
But you’re right - even at 60k over 60 months I’m at 1k/month without interest.
Good point on the purchase of an EV and battery life.
I doubt the deal would be attractive enough
Taking this one off the table since leasing on a EV is so much more attractive both for the monthly payment as well as avoiding the severe depreciation when battery life plummets.
