--- title: "Price drop!? Ford lowers Mustang Mach-E price as much as $6k on some trims" url: "https://pickuptrucktalk.com/2023/01/price-drop-ford-lowers-mustang-mach-e-price-as-much-as-6k-on-some-trims/" publisher: "Pickup Truck + SUV Talk" content_signal: "search=yes, ai-input=yes, ai-train=no" author: "Jill Ciminillo" published: "2023-01-30T20:11:39+00:00" modified: "2026-08-19T16:04:14+00:00" image: "https://pickuptrucktalk.com/wp-content/uploads/2023/01/2023-Ford-Mustang-Mach-E.jpg" --- # Price drop!? Ford lowers Mustang Mach-E price as much as $6k on some trims By Jill Ciminillo Published: 2023-01-30T20:11:39+00:00 Updated: 2026-08-19T16:04:14+00:00 ![Featured image]() Well, that’s a switch. Ford Motor Co. just [walked back the 2023 price increase]() of its [all-electric Mustang Mach-E]() – in some cases by a lot. This comes hot on the heels of [a Tesla price drop](), and while this is certainly an attempt to remain competitive on Ford’s part, there’s another motive for the Mustang Mach-E price drop: the federal EV tax credit. This may surprise you, but for the IRS’s purposes, the Mustang Mach-E is classified as a car. This means, it needs to be priced less than $55k for consumers to be able to take advantage of the $7,500 federal tax credit. When you look at the price breakdown below, you can see that previously, just three trims of the Mach-E would have qualified for the credit, now five out of six do. ## **The Mustang Mach-E price drop** In a time when automakers are raising prices each model year – sometimes twice a model year – this Mustang Mach-E price drop is a bit of a shocker. But it makes sense as Ford is simultaneously increasing production of the EV and wanting to make it eligible for the tax credit. So, you’re looking at a price drop from $600 to $5,900. The complete pricing information, excluding destination fees, is as follows: ![Mustang Mach-E price drop]() The even better news: If you’re waiting on a delivery for your vehicle, you’ll automatically get the adjusted price if the sale date was *after January 1, 2023.* ## **The bottom line** It is dog eat dog right now in the EV space. Tesla was once the only player in town, and now that there are new, more-attractive and better-built players, the games can really begin. The end of the story: This is excellent news for the consumers and affordability. Let’s see who picks up the gauntlet next. ## Related vehicle coverage - [2023 Ford Mustang Mach-E]() ## Structured page information ~~~json [ { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://pickuptrucktalk.com/2023/01/price-drop-ford-lowers-mustang-mach-e-price-as-much-as-6k-on-some-trims/#article", "isPartOf": { "@id": "https://pickuptrucktalk.com/2023/01/price-drop-ford-lowers-mustang-mach-e-price-as-much-as-6k-on-some-trims/" }, "author": { "name": "Jill Ciminillo", "@id": "https://pickuptrucktalk.com/#/schema/person/17a307b2bd8654a0efc57d38f2e79df8" }, "headline": "Price drop!? 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