Ford reduces Mustang Mach-E electric car prices by up to $ 3,000

Ford has slashed prices of its Mustang Mach-E electric car by up to $ 3,000 before delivery begins.

The Mustang Mach-E is Ford’s first all-electric vehicle to be electrically powered from the ground up.

It was fully unveiled last year, but the automaker is updating specs and pricing starting in the coming weeks from delivery to dealership.

Earlier this year, Ford updated the Mustang Much-E Specs and Charge Speed.

Now Ford is updating the manufacturer’s suggested prices for the electric car.

The Mustang Mach-e Forum member shared a new communication from Ford to dealers, announcing the new price:

  • The Mustang Mach-E Select RWD: used to be $ 43,895, now $ 42,895 (down from $ 1,000)
  • Mustang Mach-E Select AWD: Used to be $ 46,595, now $ 45,595 (Below $ 1,000)
  • Mustang Mach-e CA Route 1 RWD: Used to be $ 51,800, now $ 49,800 (Below $ 2,000)
  • Mustang Mach-E Premium RWD: Used to be $ 50,000, now $ 47,000 (Below $ 3,000)
  • Mustang Mach-E Premium AWD: Used to be $ 52,700, now $ 49,700 (Below $ 3,000)
  • The first version of Mustang Mach-E: used to be $ 59,300, now $ 58,300 (below $ 1,000)

All of those prices are listed before the $ 7,500 federal tax credit, which is still available to Ford EV buyers.

The only version of the Mustang Mach-E that has not seen a price change is the GT version of the electric car.

Ford confirmed the price change for Electrek in a comment – saying that they are adjusting pricing to “remain fully competitive” in the segment:

“Extraordinary value has always been the hallmark of the Mustang brand. In addition to its superb all-electric driving range and performance, we are adjusting Mustang Mach-E pricing to remain fully competitive in a segment that is seeing dynamic price changes. ”

The Mustang Mach-E is expected to reach Ford dealerships in North America in the coming weeks.

Electrac’s tech

The new prices are actually making the Mustang Mach-E more competitive.

As a small electric SUV / crossover, the Tesla Model Y is expected to be the closest competitor to the Mach-E.

The latter is offered in many more variants than the Model Y, but the closest comparison will be the Model Y Long Range AWD vs. the Mustang Mach-E Premium AWD.

After the price change, they are now roughly the same price – although it is before the federal tax credit, which Ford buyers still have access to while Tesla buyers have gone out of it.

After credit, the Mach-E is significantly cheaper than the Model Y, but the Tesla vehicle still has limits.

Furthermore, it is important to note that Mach-E prices suggest producer prices and that the final price is a negotiation between buyers and dealers.

There have been reports of notable marking of dealers on the Mach-E, but many of them have also promised to stick to MSRP despite the initial demand for the vehicle at the time of launch.

You can check your local dealer for the price, but if they decide to mark it, you should make sure that they know that many dealerships have accepted not to mark Mustang Mach-E and Reservation holders are making a list of them.

If your local dealer gives you trouble, you can buy from another one, but your dealer is going to try to give you the best price.

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